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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.
21h
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, ...
15h
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, ...
1d
on MSN
Adani Power, Adani Ports to Adani Green: Adani group stocks rise up to 5%. Do you own any?
Adani Green Energy shares surged nearly 5%, while Adani Power share price also jumped nearly 4%. Adani Ports stock was the ...
ABP Live on MSN
2h
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 ...
Outlook Business
14h
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 ...
LIVE
2h
Manmohan Singh Death News LIVE: Tributes pour in from Adani, Tata Sons' Chairman; Japan PM sends condolence letter
Former Prime Minister Manmohan Singh breathed his last on Thursday, December 26, at the age of 92. Several business tycoons ...
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 ...
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 ...
citizen
6h
Raila says he does not regret supporting Adani deal
Former Prime Minister Raila Odinga maintains that he holds no regret for supporting the controversial multibillion deal with ...
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