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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...

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Cement Prices Plunge in South India, But Rebound Expected in Q1

South Indian cement prices fell sharply at a glance in March and at a bigger pinch than other regions owing to year-end volume pressures...