Ambuja Cement

The last two years have been eventful for Gautam Adani, when his wealth grew from $8.9 bn to $105 bn. Last week, he clinched a deal to acquire Ambuja and ACC cements. Let's track his growth story

Shares of ACC and Ambuja Cements soared up to 4% in yesterday's trade after the Holcim Adani deal. Analysts believe the Adani Group may merge both these entities over the medium term. Find out more

This makes the Adani group one of the most indebted among India's top business groups

The CEO said the smoothness of the execution of such a transaction was a major factor in taking the decision.

How has Adani group charted its success over three decades? Is Ambuja Cement & ACC merger on the cards? How's India Inc making employees return to office? What is CPI-based inflation? All answers here

From Adani group's gross debt rising to EV fire incidents, here are the top headlines on Tuesday

Expansion plans by most larger players despite glut in markets, fuel price-driven cost pressure and resistance from market to absorb higher cost may force weaker players out

But, whether players maintain discipline or turn aggressive on pricing as new capacities come on stream will be crucial

While there are curbs on banks for directly funding takeovers and acquisitions, banks will assess any room for funding via overseas branches and subsidiaries when exposure review is done

India-Mauritius treaty allows tax exemption on such agreement, says Swiss company's CEO.

Adani group aiming at 100 mn tonnes per annum combined, from present 70 mn tonnes; both firms to invest with own cash and fresh debt; ACC-Ambuja merger on cards

Billionaire Gautam Adani is buying Switzerland-based Holcim AG's cement businesses in India for $10.5 billion

Group outbids Ultratech and JSW group to enter the industry and also emerge as the country's second-largest cement manufacturer

Adani Enterprises can rally up to 14 per cent; whereas ACC, and Ambuja Cements can gain another 10 per cent each, indicate charts

The Adani Group is hammering out the final details of a $10 billion deal for 63.1% of Ambuja Cements Ltd. along with related assets

'Large cement plants in India on an average use 30-40 per cent less energy per tonne of cement than the world average'

Here are the top Business Standard headlines on Friday

Here are the top Business Standard headlines on Thursday

The race is on to acquire Ambuja Cements and ACC. Why do India's leading firms want to buy Holcim's stake? And why did the Swiss company decide to quit India which contributes 27% of its global sales?

UltraTech outlines divestiture details that would meet the norms set by Competition Commission of India