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India's UltraTech buys stake in Star Cement as Adani rivalry continues
By Hritam Mukherjee and Ashna Teresa Britto (Reuters) -UltraTech India's top cement maker will buy an 8.69% stake in Star Cement, it said on Friday, in a deal worth up to 8.51 billion rupees ($100 million) for a company that rival Adani Group was reportedly interested in acquiring.
UltraTech to acquire minority stake in Star Cement, cement war to intensify further
Leading cement producer UltraTech Cement on Friday announced to acquire a minority stake of 8.69 per cent from the promoters of Meghalaya-based Star Cement in a deal worth Rs 851 crore, further intensifying the competition with Adani Group entity Ambuja Cements.
UltraTech Cement acquires 8.7% stake in Star Cement for Rs 851 crore
UltraTech Cement Ltd has announced the acquisition of an 8.69 percent stake in Star Cement Ltd for Rs 851 crore.
India's UltraTech buys stake in Star Cement for up to $100 million
India's UltraTech Cement will buy an 8.69% stake in Star Cement, it said on Friday, in a deal that could be valued at up to 8.51 billion rupees ($100 million) and firm its leading position in the sector.
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3h
Adani Enterprises acquires Gidhmuri Paturia Collieries
GPCPL was founded in 2019 as joint venture between Adani Enterprises and Sainik Mining and Allied Services Company.
9h
on MSN
Adani Ports orders 8 tugs with Cochin Shipyard for ₹450 crore
Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has placed a Rs 450-crore order for eight tugs with ...
14h
Cochin Shipyard freezes at 5% upper circuit on order boost from Adani Ports
The surge in Cochin Shipyard shares came after Adani Ports said it has placed the "largest" order of Tugs worth Rs 450 crore ...
9d
Adani deal under bribery scrutiny was approved against officials' advice
Reuters reviewed 19 state government documents, many of them previously unreported, and interviewed more than two dozen state ...
11h
Adani Ports places India's largest order for tugs worth Rs 450 crore with Cochin Shipyard
Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday announced the procurement of eight state-of-the-art harbour tugs, ...
Outlook Business
10h
Manmohan Singh’s 1991 LPG Reforms: The Turning Point for Adani’s Business Journey
India was on the verge of economic collapse in 1991 when foreign exchange reserves dwindled to historic low levels that could ...
India Today
9h
Gautam Adani | Trial by fire
Formal charges in a US court, an air marked by accusations of bribery and concealment of information, the attendant political ...
8h
From Sunil Bharti Mittal to Gautam Adani: Business leaders mourn demise of former PM Dr Manmohan Singh
Regarded as a great economic reformer, Dr Manmohan Singh is known to have played a key role in shaping India's economy ...
ABP Live on MSN
10h
From Gautam Adani To N Chandrasekaran: Business Leaders Pay Tribute To Former PM Manmohan Singh
Gautam Adani, Chairman of Adani Group wrote in a post on X, “Deeply saddened by the passing of Dr Manmohan Singh. History ...
money.rediff
11h
Adani Ports Orders 8 Tugs from Cochin Shipyard for Rs 450 Crore
Adani Ports and Special Economic Zone Ltd (APSEZ) has ordered 8 tugs from Cochin Shipyard for Rs 450 crore, boosting port ...
18h
on MSN
'No one has come here permanently...': Gautam Adani shuts down favoritism charge, says group ready to work with 'anyone'
Adani reiterated that infrastructure development relies on collaboration between the private sector and governments, ...
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