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UltraTech Sets ₹10,000 Cr Capex for FY26, Eyes 200 MTPA Milestone Amid Cement Boom

UltraTech Cement moves for a massive expansion with ₹10,000 crore capital expenditure for FY26 to consolidate the existing production capacity and improve the...

CementIndustrialMarket UpdatesNewsTrending News

NCLT Clears Merger of Adani Cementation with Ambuja Cements, Effective from April 2024

Sanction has been granted by the National Company Law Tribunal against a historical merger scheme for the Adani Group toward the consolidation of...

CementIndustrialNewsTrending News

Nuvoco Vistas Acquires Vadraj Cement for ₹1,800 Cr, Expands Capacity by 20%

Nuvoco Vistas Corp, the cement arm of the Nirma Group, has completed the ₹1,800 crore acquisition of Vadraj Cement, a debt-laden Gujarat-based company...

CementConstructionCREDAINewsReal Estate

Credai, Adani Cement Join Forces to Push Green Construction, Workforce Training

To green India’s real estate industry and make it more competent, the Confederation of Real Estate Developers’ Associations of India (Credai) has formed...

CementIndustrialMarket UpdatesNewsTrending News

Adani’s Ambuja Cement Powers 30% of India’s Homes, Eyes 140 MTPA by FY28

Flagship cement business of Adani Group, Ambuja Cements, now supplies almost 30% of the cement utilized for housing and infrastructure in India, as...

CementIndustrialMarket UpdatesNews

Adani Cement Hits 100 MT Capacity Milestone at Record Pace

Adani Cement has hit a milestone of 100 million tonnes (MT) of production capacity, and it has been achieved at what Gautam Adani...

CementNewsTrending News

Ambuja Cements Takes Over 37.8% Shareholding in Orient Cement, Becomes Promoter

Ambuja Cements, which is owned by the Adani Group, has finalized its takeout of a 37.8% shareholding in Orient Cement Ltd (OCL), becoming...

CementNewsTrending News

Ambuja Cements to Invest ₹2,500 Crore in Cement and Clinker Carriers

Ambuja Cements Ltd, an Adani Group company, plans to spend approximately ₹2,500 crore on the construction of two cement carriers and eight clinker carriers,...

CementConstructionNews

UltraTech Cement Beats Street Estimates Despite Margins Squeeze

UltraTech rose by 6.81% as investors welcomed the outcomes on Thursday, making it close ₹11,422.70 at BSE. A steep decline in margin was...

CementNewsTrending News

Kaushalya Logistics Partners with Adani Cement to Launch New Business Model

Kaushalya Logistics Limited, (NSE: KLL) took a significant step to diversify into the logistics sector catering to the cement industry by launching a...