Shorts

Adani Acquires Penna Cement for ₹10K Cr

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

Share
Published by

Recent Posts

Unity in Diversity: Muslims Worship at Venkateswara Temple

In YSR Kadapa district, a unique tradition marked Ugadi as Muslims visited Sri Lakshmi Venkateswara…

1 hour ago

Jagan Goes Fully Traditional on Ugadi, Eats Ugadi Pachadi

Former chief minister of Andhra Pradesh, YS Jagan is spending the Ugadi occasion at his…

1 hour ago

Only In India Road Built With Hand Pump In The Middle

In a bizarre incident from Mirzapur, authorities constructed a new road without removing an existing…

2 hours ago

Ugadi Becomes Festival Of Jobs For AP Youth

The government of Andhra Pradesh and IT Minister Nara Lokesh have been very particular about…

3 hours ago

Ustaad Bhagat Singh Review

Pawan Kalyan and Harish Shankar delivered a blockbuster, Gabbar Singh, in 2012. It was the…

3 hours ago

Watch: Gulte Pro’s RVS Review On Dhurandhar 2

https://www.youtube.com/watch?v=6z9g745iPTk

3 hours ago