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Adani Group Buys Orient Cement
Indian Billionaire Gautam Adani Buys Orient Cement As Rivalry Intensifies
Billionaire Gautam Adani's Ambuja Cements agreed to buy a 47% stake in Orient Cement in a deal valued at $963 million, stepping up acquisitions amid intensifying rivalry with tycoon Kumar Mangalam Birla.
Adani Group Buys Orient Cement as Race With Birla Heats Up
Ambuja Cements Ltd., part of the Adani Group, acquired Orient Cement Ltd. for 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.
Adani's Ambuja to buy $451 million stake in CK Birla's Orient Cement, stokes regulatory worries
Ambuja Cements, India's No.2 cement maker, said on Tuesday it would buy a nearly 47% stake in rival Orient Cement for 37.91 billion rupees ($451 million), but analysts raised doubts about the deal winning regulatory approval.
Adani Group to acquire CK Birla group firm Orient Cement at ₹8,100 crore valuation
Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a valuation of ₹8,100 crore as part of its expansion drive. Ambuja Cements, the cement and building material company of Adani Cement and part of the diversified Adani Group,
9h
Kenya’s Ruto Defends Adani Investment That Stoked Nation’s Anger
Kenyan President William Ruto backed a decision by his government to accept private capital from Adani Group, which sparked ...
14h
on MSN
India's Adani Total Gas posts bigger Q2 profit on steady CNG demand
India's Adani Total Gas posted a bigger profit for the seventh straight quarter on Thursday, aided by higher sales of its ...
devdiscourse
12h
Adani Total Gas Ltd Achieves 6% Net Profit Growth Amidst Rising Gas Prices
Adani Total Gas Ltd, a joint venture between Adani Group and TotalEnergies, reported a 6% rise in net profit for the second ...
2d
Adani Green Profit Jumps 38% Amid Growing Clean Energy Demand
Adani Green Energy Ltd. reported a 38% increase in second-quarter profit, following rising power sales and an installation ...
2d
Adani's Ambuja to buy $451 mln stake in CK Birla's Orient Cement, stokes regulatory worries
Ambuja Cements , India's No.2 cement maker, said on Tuesday it would buy a nearly 47% stake in rival Orient Cement for 37.91 ...
devdiscourse
9h
Adani Wilmar Surges With Strong Q2 Profits and Acquisition Plans
Adani Wilmar Ltd reported a Q2 net profit of Rs 311.02 crore, driven by higher income. The company is exploring acquisitions ...
10h
Adani Wilmar Q2 results: Net profit rises to ₹311 crore on higher revenue
Adani Wilmar reported Q2 earnings with 18% revenue growth to ₹14,460 crore. Edible oil revenue rose 21% YoY, while Food and ...
8h
Adani Wilmar Q2 net at ₹311 cr, revenue up 18%
Adani Wilmar expects rural consumption growth due to good monsoons, stable prices, despite challenges in edible oil sector.
9h
Adani Wilmar Reports Rs 311 Crore Profit in September Quarter and Plans Strategic Acquisitions
Adani Wilmar Ltd announces Rs 311.02 crore profit for Q2, exploring acquisitions for growth in cooking oils and FMCG sectors.
5h
Demand to take hit in Q3 due to rise in price of edible oils: Adani Wilmar
Sept quarter results, Angshu Mallick, MD and CEO, and Shrikant Kanhere, CFO, spoke to Sharleen D'Souza in an exclusive ...
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