UltraTech chairman outlines company's growth
UltraTech 's Chairman, Kumar Mangalam Birla, summarised the progress of the company and its plans for future growth and development, at the company's 24th AGM. In April 2...
Ultratech Cement
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UltraTech receives 5-star ratings for 12 of its mines
A total of 12 of UltraTech Cement Ltd’s limestone mines have been rated five-star for FY22-23 by Indian Bureau of Mines. The awards were given out on 7 August 2024 in New Delhi...
UltraTech acquires additional stake in India Cements
UltraTech Cement is acquiring a 32.72 per cent share in India Cements , marking an investment of INR39,540m (US$472.2m). According to The Hindu, the move enables Aditya Bir...
Road spending to boost Indian cement demand
India’s cement companies are expected to benefit from a boost in road infrastructure spending. In her Budget 2024 speech, Nirmala Sitharaman, India’s Union Finance Minister ann...
UltraTech sees sales increase in 1QFY24-25
UltraTech Cement Ltd , part of Aditya Birla Group, has reported consolidated net sales of INR178,790m (US$2.14bn) in the first quarter of FY24-25 (ended 30 June 2024). This co...
Adani Group targets Jaypee Group's cement assets
As lenders have initiated insolvency and bankruptcy proceedings against Jaiprakash Associates Ltd, the Adani Group is looking to acquire the Jaypee Group ’s cement assets,...
Boiler explosion kills two and injures 14 at UltraTech plant
A boiler explosion at the UltraTech Cement factory in the Jaggaihpet region of India has reportedly killed two workers and injured 14 others. Of the injured, Av...
UltraTech Cement poised to buy 23% stake in India Cements
UltraTech Cement says it will buy a 23 per cent stake in Chennai-based rival The India Cements for up to INR18.85bn (US$226m), closing the gap on India's Adani Group. The de...
IKN completes the start-up of two clinker coolers in India
Chettinad Cement has successfully installed the first IKN Pendulum cooler within the group. The IKN pendulum cooler, after a successful trial run, is now poised to deliver ex...
UltraTech Cement sales up 9% YoY
India’s UltraTech Cement , part of the Aditya Birla Group, has reported a strong performance in the 4QFY24, ended 31 March 2024. Consolidated net sales for the three-month per...