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Adani Group Stocks Rise Despite Market Decline
ECONOMY & POLICY

Adani Group Stocks Rise Despite Market Decline

Seven Adani group companies saw gains on Monday, led by Adani Total Gas, which surged 11.20 per cent. Adani Enterprises rose by 7.65 per cent and other firms like Adani Power and Adani Green Energy also saw increases. However, Adani Ports and a few other companies experienced declines. The stock market overall was volatile, with the BSE Sensex falling by 0.57 per cent. Additionally, Adani Enterprises announced its exit from the FMCG joint venture Adani Wilmar, selling a majority stake for over $2 billion.

Seven Adani group companies saw gains on Monday, led by Adani Total Gas, which surged 11.20 per cent. Adani Enterprises rose by 7.65 per cent and other firms like Adani Power and Adani Green Energy also saw increases. However, Adani Ports and a few other companies experienced declines. The stock market overall was volatile, with the BSE Sensex falling by 0.57 per cent. Additionally, Adani Enterprises announced its exit from the FMCG joint venture Adani Wilmar, selling a majority stake for over $2 billion.

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Building Material

UltraTech’s Limestone Mine Gets India’s First-Ever 7-Star Rating

UltraTech Cement, India’s largest producer of cement and Ready-Mix Concrete (RMC), has received top honours for sustainable mining practices. Thirteen of the company’s limestone mines were awarded star ratings by the Indian Bureau of Mines (IBM), Ministry of Mines, for FY 2023–24 during a ceremony held in Jaipur, Rajasthan. Among these, the Naokari Limestone Mine—part of UltraTech’s Awarpur Cement Works in Chandrapur, Maharashtra—was awarded India’s first-ever 7-star rating for a limestone mine, in recognition of exceptional performance in ‘Green Mining’. The remain..

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Infrastructure Urban

Sieger Parking Enters Mumbai Market, Expands West India Presence

Sieger Parking, a Coimbatore-headquartered specialist in automated and multi-level car parking systems, has announced its entry into Western India with the launch of a regional office in Mumbai. This move marks a key milestone in the company’s pan-India growth strategy and its commitment to delivering technology-driven, space-efficient parking solutions across urban India. The Mumbai office will serve as the regional headquarters for Maharashtra and neighbouring states, supporting end-to-end operations with on-ground sales, project management, and service teams. The aim is to fast-track..

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Resources

IGBC Green Kochi Conclave 2025 Champions Culture and Climate Action

The Indian Green Building Council (IGBC), part of CII, hosted the Green Kochi Conclave 2025 on 4 July at Hotel Holiday Inn, Kochi, under the theme “Tharavadu to Tomorrow: Weaving Kerala’s Heritage into a Sustainable Built Environment.” The event brought together policymakers, architects, developers, and thought leaders to discuss Kerala’s progress in blending cultural heritage with sustainable design.  Kerala is emerging as a frontrunner in climate-resilient development, thanks to passive design strategies, rainwater harvesting, cool roof initiatives, and the widespread adopt..

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