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Indian Billionaire Gautam Adani 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.
Big move by Gautam Adani: Ambuja Cements to acquire this cement brand for Rs 8100 crore
The latest acquisition will add 16.6 MTPA (million tonne per annum) capacity to Adani Cement, which operates through Ambuja Cements in the sector.
Adani Conglomerate Acquires Orient Cement for $963 Million
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 Cements to acquire stake in India's Orient Cement at $964 million valuation
India's Ambuja Cements said on Tuesday it would acquire a 46.8% stake in Orient Cement, valuing the company at 81 billion rupees ($963.5 million). The Adani-owned cement maker will buy the Telangana-based company's shares at 395.
Rs 8100 Cr acquisition! Gautam Adani's Ambuja Cement acquires 46.8% stake in Orient Cement
Billionaire Gautam Adani's Ambuja Cement is set to acquire 46.8 per cent stake in Orient Cement. The deal was valued at Rs 8100 crore or Rs 395.40 per share. Read on for more details.
Adani Group Buys Orient Cement as Race With Birla Heats Up
Ambuja Cements Ltd., part of the Adani Group, has agreed to acquire Orient Cement Ltd. in a deal valued at 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.
1h
Adani's Kutch Copper, BHP eyeing Rs 30,000 cr copper supply deal: Report
The potential supply agreement could be worth approximately Rs 30,000 crore per year, based on current market prices, which ...
8h
BIG change in world's richest people list: Mukesh Ambani, Gautam Adani's fortunes now...
JioHotstar domain acquired by Delhi-based app developer, he now wants Mukesh Ambani's Reliance to ...
8h
on MSN
Mukesh Ambani loses Rs 183289713000 in just 1 day due to..., may drop out of..., Gautam Adani suffers Rs 190849321570 loss because...
The 11th position where Mukesh Ambani remained for a long time is now occupied by Nvidia company's founder Jason Huang whose ...
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 ...
The Financial Express
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In 24 hours: Mukesh Ambani loses thousands of crores while Gautam Adani gains Rs 2,235 crore
Mukesh Ambani's Fortune Dips Significantly in a Day; Gautam Adani Sees a Rs 2,235 Crore Boost Mukesh Ambani recently ...
1d
on MSN
Pakistan’s Mukesh Ambani, Gautam Adani stays here, Royal Palace, Mansion, most expensive properties of richest people located in….
In Pakistan, While the majority of the population struggle for basic needs, a select few enjoy a luxurious life in ...
devdiscourse
2d
Adani Group's Strategic Expansion: Cementing a New Era
Adani Group, led by Gautam Adani, has announced the acquisition of CK Birla's Orient Cement for Rs 8,100 crore. This move ...
5d
"Unlocking potential for more prosperous India": Gautam Adani on Adani Foundation donating Rs 100 crore for Skills varsity in Telangana
Adani Group Chairman Gautam Adani on Friday met Telangana Chief Minister A Revanth Reddy to handover a donation cheque of Rs ...
1d
Not Mukesh Ambani, Ratan Tata, Gautam Adani, this man bought India’s first Rolls Royce Spectre worth Rs…
The Rolls Royce Spectre is gradually becoming more popular among wealthy buyers in India. Other than the Chennai-based ...
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Orient Cement
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