India Cements
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...
UltraTech Refutes Reports of CCI Probe in Alleged Cement Cartel Case
The country’s largest cement producer, UltraTech Cement, has categorically denied media reports suggesting it was under investigation by the Competition Commission of India...
CCI Seeks Financial and Tax Records from Cement Majors in ONGC Bid Rigging Probe
The Competition Commission of India has asked UltraTech, Dalmia Cement, Shree Digvijay, and Sunrise Enterprises to submit financial and tax records in a...
Cement Sector Eyes Strong Rebound in FY26 on Government Push, Rural Demand
With a subdued FY25, India’s cement sector is looking forward to a robust FY26, driven by increased government infrastructure expenditure and revived rural...
UltraTech’s Strategy for India Cements Turnaround in 12 Months
UltraTech Cement Ltd. is taking decisive steps to drive a turnaround for India Cements Ltd. (ICL) within the next 12 months. It recently...
UltraTech Cement Acquires 8.69% Stake in Star Cement for ₹851 Crore
UltraTech Cement Ltd., India’s leading cement producer in terms of capacity, has bought 8.69 percent of shares being transferred from the promoter group...
N Srinivasan Steps Down as UltraTech Acquires Majority Stake in India Cements
UltraTech Cement acquired a 32.72% stake in India Cements Ltd (ICL) to move one step further for the enlargement of its southern cement...
UltraTech Cement Secures CCI Nod for Rs 7,000 Crore Deal with India Cements
The Competition Commission of India (CCI) has granted unconditional approval for UltraTech Cement’s Rs 7,000-crore acquisition of a majority stake in India Cements...
