Business Standard

Ambuja Cement

How has Adani group charted its success over three decades?

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

How has Adani group charted its success over three decades?
Updated On : 31 Jan 2023 | 5:48 PM IST

Is Ambuja Cement & ACC merger on the cards after Adani's Holcim deal?

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

Is Ambuja Cement & ACC merger on the cards after Adani's Holcim deal?
Updated On : 22 Nov 2022 | 8:31 PM IST

Adani group firms' gross debt rises to Rs 2.2 trillion, shows data

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

Adani group firms' gross debt rises to Rs 2.2 trillion, shows data
Updated On : 18 May 2022 | 1:34 PM IST

UltraTech, JSW lost Ambuja race due to CCI concerns: Holcim CEO

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

UltraTech, JSW lost Ambuja race due to CCI concerns: Holcim CEO
Updated On : 18 May 2022 | 1:44 AM IST

TMS Ep173: Adani group, Ambuja Cement & ACC, return to office, CPI

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

TMS Ep173: Adani group, Ambuja Cement & ACC, return to office, CPI
Updated On : 17 May 2022 | 8:00 AM IST

Top headlines: Adani group's gross debt, EV fire incidents, and more

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

Top headlines: Adani group's gross debt, EV fire incidents, and more
Updated On : 17 May 2022 | 7:36 AM IST

Adani-Holcim deal may trigger consolidation in cement industry: Experts

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

Adani-Holcim deal may trigger consolidation in cement industry: Experts
Updated On : 17 May 2022 | 5:08 AM IST

Ambuja-ACC deal: Cost synergies seem to justify premium deal valuation

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

Ambuja-ACC deal: Cost synergies seem to justify premium deal valuation
Updated On : 17 May 2022 | 12:38 AM IST

Indian lenders look to refinance Adani's stake acquisition in Ambuja, ACC

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

Indian lenders look to refinance Adani's stake acquisition in Ambuja, ACC
Updated On : 17 May 2022 | 12:27 AM IST

No capital gains tax on Ambuja, ACC sale to Adani Group: Holcim CEO

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

No capital gains tax on Ambuja, ACC sale to Adani Group: Holcim CEO
Updated On : 17 May 2022 | 12:20 AM IST

ACC, Ambuja to ramp up capacity as Adani vies with UltraTech for top slot

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

ACC, Ambuja to ramp up capacity as Adani vies with UltraTech for top slot
Updated On : 17 May 2022 | 12:18 AM IST

Adani offers to buy 26% of Ambuja Cements, ACC from open market

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

Adani offers to buy 26% of Ambuja Cements, ACC from open market
Updated On : 16 May 2022 | 8:23 PM IST

Adani group wins race to buy Ambuja Cements, ACC for $10.5 bn from Holcim

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

Adani group wins race to buy Ambuja Cements, ACC for $10.5 bn from Holcim
Updated On : 16 May 2022 | 12:47 PM IST

Holcim deal: Charts indicate up to 14% upside for ACC, Ambuja, Adani Ent

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

Holcim deal: Charts indicate up to 14% upside for ACC, Ambuja, Adani Ent
Updated On : 16 May 2022 | 12:17 PM IST

Adani nears $10- bn deal for controlling stake in Holcim India business

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

Adani nears $10- bn deal for controlling stake in Holcim India business
Updated On : 15 May 2022 | 8:39 PM IST

Slowdown, earnings pressure are temporary: Dalmia Cement (Bharat) MD & CEO

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

Slowdown, earnings pressure are temporary: Dalmia Cement (Bharat) MD & CEO
Updated On : 14 May 2022 | 6:03 AM IST

Top Headlines: Wheat export push, CBDT's ITR guidelines, and more

Here are the top Business Standard headlines on Friday

Top Headlines: Wheat export push, CBDT's ITR guidelines, and more
Updated On : 13 May 2022 | 7:24 AM IST

Top headlines: Ultratech's Ambuja bid, Delhivery may hit a valuation hurdle

Here are the top Business Standard headlines on Thursday

Top headlines: Ultratech's Ambuja bid, Delhivery may hit a valuation hurdle
Updated On : 12 May 2022 | 7:40 AM IST

Why are top Indian companies vying for Holcim's India assets Ambuja and ACC

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?

Why are top Indian companies vying for Holcim's India assets Ambuja and ACC
Updated On : 12 May 2022 | 7:00 AM IST

Ultratech joins race for Ambuja Cements and ACC, submits non-binding bid

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

Ultratech joins race for Ambuja Cements and ACC, submits non-binding bid
Updated On : 12 May 2022 | 12:15 AM IST