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Adani Group Acquires Orient Cement
Adani Group Buys Orient Cement as Race With Birla Heats Up
Ambuja Cements Ltd., part of the Adani Group, has agreed to acquire Orient Cement Ltd. in a deal valued at 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.
Indian Billionaire Gautam Adani Buys Orient Cement As Rivalry Intensifies
Billionaire Gautam Adani's Ambuja Cements agreed to buy a 47% stake in Orient Cement in a deal valued at $963 million, stepping up acquisitions amid intensifying rivalry with tycoon Kumar Mangalam Birla.
Adani's Ambuja to buy $451 mln stake in CK Birla's Orient Cement, stokes regulatory worries
Ambuja Cements , India's No.2 cement maker, said on Tuesday it would buy a nearly 47% stake in rival Orient Cement for 37.91 billion rupees ($451 million), but analysts raised doubts about the deal winning regulatory approval.
14m
Revanth Reddy in double-engine arrangement with Modi-Adani to loot Telangana, says KTR
Rama Rao stated that Revanth Reddy bowed to the diktats of Modi by handing over 2,900 acres at Damagundam for the VLF radar ...
20h
Good news for Gautam Adani, his Rs 121000 crore company's net profit jumps 172% to Rs...
The consolidated net profit of the Adani Group company stood at Rs 284.09 crore in the quarter ended in September last year.
devdiscourse
19h
Adani Group's Strategic Expansion: Cementing a New Era
Adani Group, led by Gautam Adani, has announced the acquisition of CK Birla's Orient Cement for Rs 8,100 crore. This move ...
The Financial Express
2d
In 24 hours: Mukesh Ambani loses thousands of crores while Gautam Adani gains Rs 2,235 crore
Mukesh Ambani's Fortune Dips Significantly in a Day; Gautam Adani Sees a Rs 2,235 Crore Boost Mukesh Ambani recently ...
2d
'The answer lies in the...': Gautam Adani gets candid on why he didn't complete his education
Gautam Adani, one of the leading businessmen and the chairperson of Adani Group, revealed why he didn't complete his ...
Bloomberg L.P.
13d
Adani’s Flagship Firm Aims to Raise $500 Million Via Share Sale
Indian billionaire
Gautam
Adani
’s flagship firm seeks to raise about $500 million through a share sale to institutions, ...
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Orient Cement
Indian rupee
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Bharatiya Janata Party
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