New Delhi, Dec 25 (PTI) The Indian cement industry, witnessing a consolidation and heightened rivalry between two corporate houses snapping smaller players, pins its hope on 2025 for an ...
UltraTech Cement, India's largest cement producer, approved a plan on Friday to acquire up to 3.70 crore equity shares of Star Cement at a maximum price of Rs 235 per share in an all-cash transaction.
Al Jouf Cement has approved the use of its green cement product, developed in partnership with Asas Al-Muhailb Company, in NEOM projects. The product is a result of Al Jouf Cement’s extensive ...
India’s cement sector faces low pricing power despite strong demand from housing and infrastructure. However, cost stabilization and potential price hikes could drive growth, benefiting top players.
Meghalaya-based Star Cement Ltd. is in focus on Friday, December 27, after India's largest cement company UltraTech Cement Ltd., acquired 8.5% stake in the company for a sum of ₹851 crore. Star Cement ...
The deal remains the country's biggest in the cement sector. DALMIA BHARAT-JAIPRAKASH ASSOCIATES, DEC. 2022: Dalmia Bharat bought cement and other assets of Jaiprakash Associates for $687 million to ...