Blackstone, Temasek may acquire Wonder Cement stakes
Cement

Blackstone, Temasek may acquire Wonder Cement stakes

Blackstone Group and Temasek Holdings are in talks to buy 15-20 per cent stake in Wonder Cement, part of Rajasthan-based RK Group, for Rs 10 bn. Through this deal, the value of the company will stand at Rs 60 to 66 bn. JP Morgan has been hired to oversee the process. The flow of new fun...

Blackstone Group and Temasek Holdings are in talks to buy 15-20 per cent stake in Wonder Cement, part of Rajasthan-based RK Group, for Rs 10 bn. Through this deal, the value of the company will stand at Rs 60 to 66 bn. JP Morgan has been hired to oversee the process. The flow of new funds will reportedly be used to increase the capacity from 6.75 mtpa to 11 mtpa by FY2019. Contact: Amit Dixit, Sr. Managing Director Address: Blackstone Group, Express Towers,Nariman Point,Mumbai - 400021 T: 022-67528500, 67528531 Email: Devyani.Kamdar@Blackstone.com Website: www.blackstone.com

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Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

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Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

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Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

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