Ambuja Cements forms shipping subsidiary
Ambuja Cements has formed a new, wholly-owned subsidiary called Ambuja Shipping Services Ltd (ASSL). The company has been incorporated by Ambuja Cements for the business of oper...
Ambuja Cements
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Freight dispute continues in northern India
The dispute over freight rates continues to run after two weeks, forcing the closure of two cement plants in Himachal Pradesh, as talks between truck operators and the managemen...
Ambuja Cements wins national energy excellence award
Ambuja Cements has won the National Award for Energy Excellence in the Indian Cement Industry, under the Grinding Category for measures adopted in improving energy efficiency at...
ACC Ltd and Ambuja Cements shut two plants over transporter dispute
The management of Ambuja Cements and ACC Ltd ( Adani Group ) have shut the Darlaghat/Rauri and Gagal plants following a rise in transportation and raw material costs, and a disp...
Indian cement prices to rise further in December
Cement prices in India are expected to rise by INR10-15/bag (US$0.12-0.18/bag) this month, according to a report by Emkay Global Financial Services Ltd. Since August this year, ...
Ambuja Cements and ACC Ltd win sustainable waste award
ACC Ltd and Ambuja Cements , part of the Adani Group , have scooped the Platinum Award at the 12th International Conference & IPLA Global Forum 2022 in Sustainable Waste Managem...
Adani Group to refinance Ambuja Cements and ACC bridging loans
The Adani Group is reported to be in talks with several foreign banks to refinance US$3.5bn of bridging loans taken for the acquisition of Ambuja Cements Ltd and ACC Ltd this ye...
Ambuja Cements and ACC lead the way on water positivity
Ambuja Cements and ACC are leading the way in water positivity, according to a report in Business Standard. Over the last 20 years both companies have put initiatives in place t...
Ambuja Cements posts 68% decline in profit in 3QFY23
Ambuja Cements has posted a 68 per cent fall in standalone net profit in the 3QFY23 ended 30 September 2022. According to Mint, net profit for the three-month period came in at ...
Cement sector fuels Indian M&A record
Adani Group ’s acquisition of Ambuja Cements and ACC has contributed to a new record in merger and acquisition (M&A) activity in India. According to data by Refinitiv, the value...