Ambuja Cements said as much as 118 MTPA capacity will be created by FY26, and the company is on track to achieve the targeted capacity of 140 MTPA by FY28.
Sunil Kanojia, group president of Sintex Industries says the company will focus on conserving cash to meet FCCB redemption needs.
Just when you thought India's infrastructure story was floundering, a white knight is emerging, and it's taking the form of Aditya Birla Nuvo's finance arm. CNBC-TV18's Ashmit Kumar reports.
Investors will have to wait a little while longer for the much-anticipated follow-on public offer of steel giant Steel Authority of India (SAIL).