A top executive of a leading cement manufacturer of India was arrested on charges of bribing an IAS officer in Odisha on Wednesday (September 11, 2023) According Vigilance Directorate of Odisha, information was received that one person had been to the office of Aditya Goyal, collector of Bargarh district to meet him. “During the visit, … Read more
Stocks To Watch On August 26: Domestic markets edged higher for the second consecutive week, moving closer to record highs, supported by favorable cues. In today’s trade, shares of Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, and Transport Corp among others will be in focus due to various news developments. Adani Power: The company has … Read more
The acquisition will improve Ambuja Cement’s share in the cement market pan-India by 2 per cent and 8 per cent in south India. Ambuja will acquire 100 per cent shares of Penna Cement Industries Ltd (PCIL) from its existing promoter group P Pratap Reddy and family Ambuja Cements, an Adani group firm, on Thursday announced … Read more
Ambuja Cements has announced its Q4 earnings. Ambuja Cements’ consolidated revenue from operations was at Rs 8,893.99 crore during the quarter under review; it was Rs 7,965.98 crore in the corresponding period last fiscal Adani Group firm Ambuja Cements Ltd on Wednesday reported a consolidated net profit at Rs 1,525.78 crore for the fourth quarter … Read more
Image for representation purpose only. | Photo Credit: AP Construction materials maker Ambuja Cements will invest ₹60 billion (nearly $723 million) in renewable power projects, the company said on Dec. 18. The investment will be funded internally and is expected to target a capacity of 1,000 megawatts (MW) through solar and wind power projects in … Read more
