Cement
Aditya Birla Group to double cement capacity to 200 million tonnes in 10 years
18 Nov 2024
The Aditya Birla Group is planning to expand its cement production capacity from 150 million tonnes at present to 200 million tonnes over the next 10 years.
Adani acquires Orient Cement for Rs8,100 crore
22 Oct 2024
Adani Group company Ambuja Cements has agreed to acquire 46.8 per cent shares of B K Birla Group’s Orient Cement Ltd (OCL) for Rs8,100 crore.
Adani Group in talks to acquire Heidelberg Cement India: report
10 Oct 2024
The Adani Group is reported to be in talks to acquire Heidelberg Cement India Limited, the German group’s Indian cement operations, which has a current valuation of about $1.2 billion.
JSW Cement to raise Rs4,000 crore via IPO, files draft papers with Sebi
20 Aug 2024
JSW Group firm JSW Cement has filed draft red herring prospectus with market regulator Securities and Exchange Board of India (Sebi) for an initial public offer (IPO) to raise up to Rs4,000 crore.
UltraTech buys India Cement’s grinding unit, ups production capacity by 3 million tonnes
22 Apr 2024
Aditya Birla group company UltraTech Cement is acquiring a 1.1 million tonne grinding unit from India Cements for Rs315 crore. The acquisition of the grinding unit will add 3 million tonnes cement manufacturing capacity to UltraTech in Maharashtra - including 1.2 million tonnes at Parli and 1.8 million tonnes at Dhule.
India’s core sector output expands by 6.7% in February
01 Apr 2024
Core sector industrial production in India expanded by 6.7 per cent in February 2024, on the back of increased production of coal, natural gas, cement, steel, crude oil, electricity and petroleum refinery products, provisional figures released on Thursday showed.
Grasim to issue rights shares at Rs1,812 each to raise Rs4,000 cr
05 Jan 2024
Grasim Industries Limited, the flagship company of the Aditya Birla Group, has come out with a rights issue to raise about Rs4,000 crore.
Gautam Adani: Over 90% of Adani Group cement is made from fly ash and slag recycling
07 Dec 2023
Gautam Adani, the Chairman of Adani Group, has emphasized the substantial progress made by the conglomerate’s cement arm in its journey towards sustainability.
UltraTech Cement set to acquire Kesoram's cement business in a Rs 5,379-crore deal
01 Dec 2023
UltraTech Cement Ltd. announced on Thursday, 30 November 2023, its plans to acquire the cement business of Kesoram Industries Ltd. in a significant all-stock transaction valued at Rs 5,379 crore.