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Ambuja Cements completes merger with Penna Cement, strengthens South India footprint

Ambuja Cements has completed its merger with Penna Cement Industries, effective April 10, 2026, boosting capacity and reinforcing its presence across South India’s...

IndiaIndustrialInvestmentMarket UpdatesNewsSteel Daily

JFE Steel invests ₹7,875 crore in JSW Kalinga, acquires 25% stake

JFE Steel Corporation has invested ₹7,875 crore in JSW Kalinga Steel, acquiring a 25 per cent stake and strengthening its strategic partnership with...

News

Puravankara strengthens Bengaluru presence with 53.5-acre land acquisition in Anekal

Puravankara Limited has acquired a 53.5-acre land parcel in Bengaluru’s Anekal Taluk with a potential GDV of over ₹4,800 crore, reinforcing its residential...

BengaluruCementChennaiConstructionHousingHyderabadIndustrialInfrastructureMarket UpdatesNewsReal Estate

Shree Cement Q2 Profit Soars 198% YoY to Rs 277 Crore; Declares Rs 80 Interim Dividend

Shree Cement posted a 198% YoY jump in Q2 FY26 net profit to Rs 277 crore, driven by higher volumes and premiumisation. The...

BengaluruMarket UpdatesNewsReal Estate

Prestige Estates Q4 Profit Drops Sharply to ₹43.10 Cr; Launches ₹800 Cr Project in Bengaluru

Giant realty firm Prestige Estates Projects saw a sharp 81.7% fall in fourth-quarter FY25 net profit of ₹43.10 crore from ₹235.90 crore in...

BengaluruMarket UpdatesNewsReal Estate

Prestige Estates Nets ₹3,000 Cr in First NCR Launch

Prestige Estates Projects Ltd has entered the National Capital Region (NCR) residential market with a robust entry, recording more than ₹3,000 crore in...

IndustrialNewsPaints

Shalimar Paints Targets Rural India for Growth Amid Rising Incomes

The paint industry in India is booming as the demand for rural consumption is surging along with rising disposable income. Realizing the Promise, Established...

LandNewsReal EstateTrending News

Realty Boom: Builders Buy 6,000 Acres for ₹90,000 Crore in 2 Years

Land acquisition in India’s real estate sector has touched a frenzy, with developers acquiring almost 6,000 acres of land valued at ₹90,000 crore from...

CREDAIHousingNewsReal EstateTrending News

CREDAI’s 6th New India Summit: Emerging Cities Driving Growth

CREDAI’s 6th edition of the New India Summit emphasizes the transformative role of Tier 2 and Tier 3 cities in India’s real estate sector....

CementConstructionMarket UpdatesNewsTrending News

Small and Mid-Sized Cement Firms Struggle as Market Giants Tighten Grip

There is a widening disparity in India’s cement industry between market leaders and their smaller brethren. Though larger players such as UltraTech and Ambuja...