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India, UltraTech and Adani Group
India's UltraTech buys stake in Star Cement as Adani rivalry continues
By Hritam Mukherjee and Ashna Teresa Britto (Reuters) -UltraTech India's top cement maker will buy an 8.69% stake in Star Cement, it said on Friday, in a deal worth up to 8.51 billion rupees ($100 million) for a company that rival Adani Group was reportedly interested in acquiring.
Indian Billionaire Gautam Adani Acquires Cement Businesses To Expand
Ambuja Cements, the cement unit of the group controlled by Indian billionaire Gautam Adani, approved a merger with two companies to expand amid a construction boom.
UltraTech to acquire minority stake in Star Cement, cement war to intensify further
Leading cement producer UltraTech Cement on Friday announced to acquire a minority stake of 8.69 per cent from the promoters of Meghalaya-based Star Cement in a deal worth Rs 851 crore, further intensifying the competition with Adani Group entity Ambuja Cements.
India's UltraTech buys stake in Star Cement for up to $100 million
India's UltraTech Cement will buy an 8.69% stake in Star Cement, it said on Friday, in a deal that could be valued at up to 8.51 billion rupees ($100 million) and firm its leading position in the sector.
UltraTech Cement acquires 8.7% stake in Star Cement for Rs 851 crore
UltraTech Cement Ltd has announced the acquisition of an 8.69 percent stake in Star Cement Ltd for Rs 851 crore.
Hosted on MSN
3h
Adani Enterprises acquires Gidhmuri Paturia Collieries
GPCPL was founded in 2019 as joint venture between Adani Enterprises and Sainik Mining and Allied Services Company.
11h
Adani Ports places India's largest order for tugs worth Rs 450 crore with Cochin Shipyard
Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday announced the procurement of eight state-of-the-art harbour tugs, ...
India Today
9h
Gautam Adani | Trial by fire
Formal charges in a US court, an air marked by accusations of bribery and concealment of information, the attendant political ...
Outlook Business
10h
Manmohan Singh’s 1991 LPG Reforms: The Turning Point for Adani’s Business Journey
India was on the verge of economic collapse in 1991 when foreign exchange reserves dwindled to historic low levels that could ...
9h
Adani Enterprises dilutes stake held in Jhar Mineral Resources
Adani Enterprises announced that pursuant to the allotment of further equity shares by Jhar Mineral Resources, a wholly owned subsidiary company (JMRPL), the Company's stake in JMRPL has been diluted ...
invezz on MSN
1d
Why this analyst sees Adani Energy share price soaring over 100%
The Adani Group stock has raced up around 30% in the last 30 days, but remains in the red on a year-to-date basis.
devdiscourse
1d
Adani Group's Nationwide Vision: Open for Collaboration and Challenging Infrastructure Initiatives
Gautam Adani, chairman of the Adani Group, asserts the group's openness to collaborate with any government, citing ...
ABP Live on MSN
10h
From Gautam Adani To N Chandrasekaran: Business Leaders Pay Tribute To Former PM Manmohan Singh
Gautam Adani, Chairman of Adani Group wrote in a post on X, “Deeply saddened by the passing of Dr Manmohan Singh. History ...
10d
Bangladesh's electricity imports from Adani plant slide by a third in November
Bangladesh's electricity imports from an Adani Power plant in India fell by nearly a third in November, Indian government ...
18h
on MSN
'No one has come here permanently...': Gautam Adani shuts down favoritism charge, says group ready to work with 'anyone'
Adani reiterated that infrastructure development relies on collaboration between the private sector and governments, ...
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