Adani Group’s Ambuja Cements has announced the acquisition of Andhra Pradesh based Penna Cement Industries Ltd for Rs 10,422 crore. The deal includes the purchase of 100% shares from the current promoters, P Pratap Reddy and family. The acquisition will expand Ambuja’s market presence in South India and reinforce its position as a pan-India leader in the cement industry.
This post was last modified on 14 June 2024 11:11 am
After the producers of Prabhas starrer Fauzi officially confirmed the film's postponement, the curiosity around…
The Indian stock market has crashed for the 38th consecutive day, and this has resulted…
The much awaited trailer of Ranabaali is all set to be launched today with a…
SS Rajamouli is once again pushing the boundaries of Indian cinema with his upcoming film…
The stage is being prepared for the massive outburst of the cockroach movement in India,…
Tamil Nadu is historically known to have some of the best roadway systems in India.…