Ambuja Cements emerges as sole bidder for bankrupt Jaypee Cement
Adani Group -backed Ambuja Cements has submitted an INR5.8bn (US$60.3m) offer for bankrupt Jaypee Cement , becoming the sole bidder after My Home Group withdrew its lower INR3bn...
Ambuja Cement
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Three workers killed in fire at Ambuja Cement plant in Rajasthan
Three employees have died after a blaze broke out at an Ambuja Cement plant in Beawar, Rajasthan. The incident occurred when workers were engaged in cleaning a hopper of hot cem...
Adani group acquires Orient Cement
Ambuja Cements , part of the Adani Group , has agreed to acquire Orient Cement Ltd at the equity value of INR81bn (US$963.4m). This binding agreement set Ambuja to acquire a 46....
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 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...
Ambuja Cement reports revenue of US$4746m
Ambuja Cement , part of the Adani Group , has reported revenue from operations of INR389,370m (US$4746m) in FY22-23. EBITDA came in at INR58,600m, with an EBITDA margin of 15 pe...
Adani Group in talks with more lenders over acquisition loan
The Adani Group is reportedly in talks with at least five new international banks regarding its refinancing of US$3.8bn of loans taken for its acquisition of ACC Limited and Amb...
Ambuja Cement reports 8% growth in March quarter
Ambuja Cement has reported standalone net revenue of INR42,560m (US$520.1m) in the quarter ended 31 March 2023, up from INR39,270m in the same quarter a year earlier, marking 8....
Gautam Adani sells off stake in Ambuja Cements
Gautam Adani is reportedly looking to sell a 4-5 per cent share in Ambuja Cements for around US$450m, according to the Financial Times. The move is designed to help lower debt l...
Adani Cement launches Geoclean waste management solution
Adani Cement has launched its new waste management initiative, Geoclean, to reduce emissions from its cement production processes. Built on the foundation of sustainability and ...