1. Adani Group narrows cement gap with market leader Ultratech by buying Orient The acquisition of Orient Cement by Ambuja Cement marks an escalation in India’s cement war as rivals Adani Group and ...
According to Adani, the acquisition, valued at an equity worth of Rs 8,100 crore, marks a step towards Ambuja's goal of achieving 140 MTPA cement capacity by 2028. The deal will be fully funded ...