The Holcim-Adani deal has been cemented. With this, global cement group Holcim’s hitherto speculated exit from India has become a reality. And Gautam Adani, promoter of an infrastructure conglomerate with a presence in ports, airports, power, roads and renewable, acquires two of India’s listed cement companies, Ambuja Cement Ltd and ACC Ltd. In a master stroke, the Adani group catapults to No.2 position in the domestic cement industry, after the Aditya Birla group’s UltraTech Cement Ltd, which is the market...
Moneycontrol Pro Panorama | Crude on the boil, scalds equity markets
Jul 1, 2022 / 08:07 PM IST
In today’s edition of Moneycontrol Pro Panorama: Crude oil worries, windfall tax, Laurus Labs, GST rate hikes, Home First, Strategy lab and moreRead Now
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