Ambuja Cements' acquisition of a 46.8% stake in Orient Cement for ₹ 395.4 per share has sparked debate about whether the company is paying a premium in a competitive market.

Tuesday's acquisition of Orient Cement Ltd marks an escalation in India's cement wars as rivals Adani group and Ultratech Ltd jostle for assets, squeezing prices and margins industrywide ...

Ambuja Cements, an Adani Group company, has acquired 46.8 per cent stake in Orient Cement for ₹8,100 crore from its promoters. The company will make an open offer to shareholders of Orient ...

Ambuja Cements—part of billionaire Gautam Adani’s ports-to-power business empire—agreed to buy a 47% stake in Orient Cement in a deal valued at 81 billion rupees ($963 million) as the Adani ...

Ambuja Cements, an Adani Group company, has acquired Orient Cement for ₹8,100 crore, including the mandatory open offer. The deal will be funded through internal accruals. The company will also ...

The CK Birla Group on Tuesday (October 22, 2024) signed definitive agreements with Ambuja Cements, part of the Adani Group, to transfer its entire shareholding in Orient Cement Limited ...

India Cements reported standalone net loss for the September quarter over the year ago period has widened to ₹240 crore from ₹81 crore, due to free fall in cement prices. Revenue from ...

Ambuja Cements has announced its acquisition of a controlling stake in Orient Cement. for an equity value of Rs 8,100 crore. (Photo: Reuters) Ambuja Cements, part of the Adani Group, has announced ...

Adani Group's Ambuja Cements Ltd on Tuesday said it would purchase 46.8 per cent shares of Orient Cement Ltd at an equity value of Rs 8,100 crore or Rs 395.40 per share. "Transaction to be fully ...

LONDON (AP) — Singapore has become much more repressive, and corruption in the Asian financial hub has worsened in the decade since the death of former Prime Minister Lee Kuan Yew, according to ...

A troubling trend is emerging on social media, where unqualified "veneer techs" are advertising services to brighten smiles at bargain prices. An NBC News investigation reveals that these "veneer ...

“Singapore has this veneer that purports to be a sort of affluent, democratic, free country. The veneer is quite thin,” he said in an interview in London on Monday. “Beneath that there is a ...