Billionaire Gautam Adani is folding his cement empire into one single entity, in what is seen as an attempt to streamline operations and take on market leader UltraTech Cement Ltd in India's rapidly ...

The board of Adani group firm Ambuja Cements on Monday, 22 December, approved the amalgamation of subsidiaries ACC and Orient Cement with the aim to establish a single consolidated “One cement ...

Adani Group’s Ambuja Cements Ltd’s board has approved the amalgamation of ACC Ltd and Orient Cement Ltd with itself to create a single company that would compete will Aditya Birla’s UltraTech Cement.

Adani Group’s plan to merge ACC and Orient with Ambuja Cements could reshape India’s cement sector landscape. The Adani group has announced a major reorganisation of its cement business. The group ...

The board of Adani group firm Ambuja Cements on Monday approved the amalgamation of subsidiaries ACC Ltd and Orient Cement with the company to create a pan-India cement powerhouse. The merger will ...

EAST ALLEN TWP., Pa. - The Keystone Cement Company is transitioning to an independent operation, following the sale of its parent company. Keystone, founded in 1926, operates a cement plant outside ...

The Adani Group company Ambuja Cements plans to merge ACC, Orient Cement, Sanghi Industries and Penna Cement with itself, which will dilute the promoters holding to 60.94 per cent from 67.65 per cent.

The top gainers among the Cement sector stocks today are Shiva Cement (up 0.71%) and Shree Cements (up 0.57%). On the other hand, the top losers include JK Cement (down 3.82%) and Bigbloc Construction ...

MUMBAI: Adani Group expects its move to fold ACC and Orient Cement into Ambuja Cements to pay off quickly on the ground. The merger will lower costs and lift margins by at least Rs 100 per tonne, said ...

Brokerages on Tuesday said Ambuja Cements’ proposed amalgamation of ACC and Orient Cement through an all share-swap deal was largely valuation-neutral, with limited near-term upside for ACC ...

Shares of Ambuja Cements were trading at Rs 550.7 apiece in early trade on Wednesday, December 24, up 0.7 percent from the previous close. The stock has now extended gains after rising 1.3 percent in ...