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Birla Corporation announces new MD and CEO

Shri Sandip Ghose, new MD and CEO for Birla Corporation

Adani group to refinance ACC

Adani currently owns 63.15 per cent of Ambuja Cement and 56.69 per cent of ACC.

Adani Group to double manufacturing capacity

After completing a $6.5 bn acquisition of Ambuja Cements and ACC, billionaire Gautam Adani has announced plans to double cement manufacturing capacity and become the country's most profitable manufacturer

Adani to double cement making capacity to 140 MT

Has completed acquisition of Holcim’s India assets

Adani pledges shares valued at 13 bn

Stakes encumbered for the benefit of certain lenders.

Adani Group becomes most profitable cement manufacturer

The conglomerate has become the second largest cement manufacturer

Shift Towards Sustainable Construction

Neeraj Akhoury, CEO India Holcim and Managing Director and CEO, Ambuja Cements, draws a clear path for sustainable shift towards blended cement, which would lead to lesser use of clinker, thereby enabling the industry to reach its decarbonisation targets.

Adani Group in talks to acquire additional stake in ACC, Ambuja

Adani Group launched Rs 31,000-crore open offer to acquire 26% additional stake

Adani Group's Holcim acquisition doubles India Inc's deal

The $10.5 billion acquisition of cement major Holcim by Adani Group has more than doubled India Inc's deal value to $19.1 billion in May 2022, with 190 deals. The sale was worth roughly $7.965 billion a year earlier in May.

Cement demand to rise mid-to-high single digits in medium-term

Capacity utilisation to fall to 65% in cement industry: Fitch Ratings

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