Ambuja Cements posts profit growth in June 2024 quarter
Ambuja Cements Ltd , part of Adani Cement , has reported total income of INR49,361m (US$589.4m) in the quarter ended 30 June 2024, down slightly from the INR49,571m seen in the ...
Adani Group
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Adani Group sets US$3bn aside for multiple cement acquisitions
The Adani Group is planning several potential acquisitions within the cement sector. These include Hyderabad-based Penna Cement , Jaiprakash Associates’ cement business, Gujarat...
Ambuja Cements commissions unloader at Karanja Port to speed up deliveries
Ambuja Cements has commissioned a bulk cement vessel unloader at Karanja Port, India. According to BusinessLine, the investment has been made to enable the company to easy trans...
Ambuja Cements announces record results
Ambuja Cements , part of the Adani Group , has reported record-breaking financial results for the 4QFY23-24 as well as the full year, ended 31 March 2024. According to the compa...
Ambuja Cements acquires 1.5Mta Tuticorin grinding unit
Ambuja Cements , part of the Adani Group , has signed a definitive agreement to acquire a 1.5Mta grinding unit from My Home Industries Group . The deal, which involves the Tutic...
Ambuja and ACC cements gain GRIHA recognition
Ambuja Cements and ACC have achieved certification for their sustainable blended cement products and are now enlisted in GRIHA's Product Catalogue. According to the companies, t...
Gautam Adani injects US$799m into Ambuja
Gautam Adani and his family have invested a further US$799m in Ambuja Cements Ltd , raising their stake in the cement producer to 66.7 per cent. According to Bloomberg News, the...
Adani Group ponders new cement plant in Godda
Adani Group is considering to build a cement plant in Santhal Pargana, having set up a 1600MW thermal power plant in Godda that will come on-stream mid-2024. A company spokesper...
Ambuja Cements to invest INR14bn in 6Mta Telangana plant
Ambuja Cements will invest INR14bn (US$168.3m) in the construction of a 6Mta cement plant in Telangana, India. The plant will be built on a 70-acre plot, said the company in a r...
Ambuja Cement to add 1GW of renewable energy
Ambuja Cement ( Adani Group ) has announced a plan to add 1GW of solar and wind generation capacity. The company will invest INR60bn (US$72m) in solar and wind projects in two I...