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Ambuja Cements, part of Adani Group, plans to reach 118 million tonnes of annual cement production by FY26, becoming the 9th largest in the world. The company aims to achieve 140 MTPA capacity by...

UltraTech Cement reports consolidated net profit of Rs 2,474.79 crore for the March quarter, driven by increased sales volumes and capacity expansion. Read more.

Ambuja Cements appoints Vinod Bahety as CEO, reassigns Ajay Kapur as MD. The changes are effective from April 1, 2025.

Adani Group's Renew Exim DMCC receives CCI approval to acquire a majority stake in ITD Cementation India for Rs 5,757 crore, expanding its cement business.

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

Ambuja Cements will merge Sanghi Industries and Penna Cement Industries with itself, aiming to streamline operations and enhance shareholder value.

Adani Cement CEO highlights increased capex and acquisition strategy to achieve targeted growth ahead of schedule, aiming for 140 MTPA capacity by FY28.

HeidelbergCement India shares surged 18% after reports of Adani Group's potential acquisition of its Indian operations. The deal could be worth USD 1.2 billion.

Adani Group promoter offloads 2.8% stake in Ambuja Cements to GQG Partners and other investors for Rs 4,250 crore, reducing promoter holding to 48.1%.

Adani group promoters to sell 3% stake in Ambuja Cement for $500 mn as part of holdings adjustment. The move aims to maintain desired stake levels across the conglomerate and provide strategic...

UltraTech Cement aims to surpass 200 MTPA capacity by FY27 through acquisitions and expansions, as announced by Chairman Kumar Mangalam Birla.

Ambuja Cements board approves merger with Adani Cementation, boosting Adani Group's cement capacity and enhancing operational efficiency.

Adani Group acquires Penna Cement for Rs 10,422 crore, boosting its presence in Southern India and Sri Lanka. The acquisition will help the group reach its 140 MTPA target capacity.

Gautam Adani's family has infused Rs 8,339 crore in Ambuja Cements, raising its stake to 70.3%. This investment aims to boost the cement maker's manufacturing capacity and accelerate its growth...

Ambuja Cements, owned by Adani Group, has acquired My Home Group's Tamil Nadu grinding unit for Rs 413.75 crore, boosting its southern market presence and cement capacity to 78.9 MTPA.

ACC Ltd reported a 4-fold jump in net profit to Rs 537.67 crore in Q3 FY24, driven by enhanced production efficiency and lower fuel costs. Revenue rose 8.3% to Rs 4,914 crore.

Neeraj Akhoury, Managing Director of Shree Cement, has been appointed as the Chairman of the National Council for Cement and Building Materials (NCCBM). Akhoury's two-year tenure will focus on...