Ambuja, ACC cement operations shut down at Darlaghat, Gagal

19 Dec 2022 CW Team

Due to huge financial losses caused by poor cement dispatch from the twin plants of ACC at Gagal and Ambuja Cements at Darlaghat, the management has decided to close their operations as of tomorrow. The Adani group recently took over the two plants. According to a notice issued today, the management stated that due to rising operational costs, including transportation and raw material costs, as well as current market conditions, cement transportation has been drastically reduced. This has resulted in poor cement dispatch, reducing the company's market share. The company was suffering from massive financial losses.

Given these circumstances, management has been forced to immediately halt operations at its two plants and all related activities. All employees have been instructed not to report to work until further instructions are issued later this evening.
Hundreds of people work in the two plants.

Also read:
Invenire Energy to invest $500 mn in Andhra CBM block
Sweden likely to invest 150,000 million in UP

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Transport

27 Jun 2026

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Technology

27 Jun 2026

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Real Estate

27 Jun 2026

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..