UltraTech Cement's board has approved the demerger of Kesoram Industries' cement business, effective March 1, 2025. The deal will add 7 MTPA to UltraTech's capacity.

UltraTech Cement reports Q3 profit of Rs 1,473.51 cr, down from Rs 1,774.78 cr in the same period last year. Revenue from operations stood at Rs 17,193.33 cr.

UltraTech has appointed Suresh Vasant Patil as CEO and Krishnagopal Ladsaria as CFO for its newly acquired subsidiary, India Cements. The appointments take effect from Wednesday.

UltraTech Cement completes acquisition of India Cements, taking majority stake. N Srinivasan and other promoters step down from the board. The deal expands UltraTech's footprint in the southern...

India's cement industry expects growth in 2025 driven by government spending on infrastructure and housing projects, despite consolidation and acquisitions in 2024.

Tech Mahindra and Google Cloud expand their partnership to accelerate AI adoption for businesses globally, leveraging Google's Gemini models and AI platform.

Smartworks Coworking Spaces has leased 2.2 lakh sq ft in Hyderabad, adding to its growing portfolio. This expansion reflects rising demand for managed workspaces.

Sensex and Nifty rallied on Tuesday, driven by positive global markets and buying in bank stocks. ICICI Bank, Zomato, and Mahindra & Mahindra led the gains.

The Indian rupee appreciated by 10 paise to 86.71 against the US dollar in early trade on Tuesday, tracking its Asian peers and supported by positive domestic equities. However, investors remain...

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Copper futures hit a record low on the MCX due to weak demand and bearish market sentiment. Analysts attribute the decline to muted spot market activity and selling pressure.

Aluminium futures prices declined on the Multi Commodity Exchange (MCX) due to low demand from consuming industries, falling 45 paise to Rs 262.50 per kg.

Tech Mahindra and Google Cloud expand their partnership to accelerate AI adoption for businesses globally, leveraging Google's Gemini models and AI platform.

Smartworks Coworking Spaces has leased 2.2 lakh sq ft in Hyderabad, adding to its growing portfolio. This expansion reflects rising demand for managed workspaces.

China has incurred a USD 7 billion loss from Sri Lanka's debt restructuring, according to Chinese Ambassador Qi Zhenhong. The ambassador also expressed hope for collaboration between China and...