Ambuja Cements Acquires Orient Cement

25 Oct 2024 CW Team

Ambuja Cements has successfully acquired Orient Cement at an impressive equity value of ?8,100 crore. This strategic move marks a significant consolidation in the Indian cement industry, enabling Ambuja to strengthen its market position and expand its operational capacity.

The acquisition is expected to enhance Ambuja's production capabilities, allowing for increased efficiency and broader market reach. This aligns with the company's strategy to capitalize on the growing demand for cement in India, driven by ongoing infrastructure projects and urban development initiatives.

As part of the acquisition, Ambuja Cements aims to integrate Orient Cement’s operations into its existing framework, leveraging synergies to optimize costs and improve service delivery. This transition is anticipated to streamline processes and enhance the overall competitiveness of the combined entity.

The deal reflects the ongoing trend of consolidation in the cement sector, where larger players seek to bolster their market share amid increasing competition and fluctuating raw material costs. Industry analysts view this acquisition as a positive step for Ambuja, potentially leading to greater financial stability and enhanced shareholder value.

Overall, the acquisition of Orient Cement by Ambuja Cements signifies a pivotal moment in the Indian cement landscape, reinforcing Ambuja's commitment to growth and innovation within the industry. Stakeholders will be keenly observing the integration process and its impact on market dynamics in the coming months.

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..