Ambuja Cement, the cement and building material company of Adani Group, announced the signing of a binding agreement for the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise ...

Adani Group has appointed Sanjay Behl as the Chief Operating Officer of Adani Cement. Behl will spearhead sales, marketing, branding and logistics operations for Adani Group’s cement business ...

Representational After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates ...

Adani Group and Aditya Birla Group are set to enter the high-growth wires and cables sector, challenging an industry dominated by smaller, unorganized players. This move is expected to disrupt the ...

After dominating the cement sector, Gautam Adani’s Adani Group will now compete with Kumar Mangalam Birla’s Aditya Birla Group in the fast-growing wires and cables industry. Both businesses ...

After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into ...

A key trigger for increased merger and acquisition activities in the cement sector has been balance sheet stress among mid-sized and small companies. After the Adani Group’s entry into the ...

January 27, 2025 UltraTech in talks to buy HeidelbergCement India, Moneycontrol reports, following rival Adani UltraTech Cement , India's top cement producer by capacity, is in advanced talks with ...

Adani Group had entered into the cement business in September 2022, after acquiring Ambuja Cement from Swiss firm Holcim for USD 6.4 billion (about Rs 51,000 crore).