Tag India

Is India’s Deccan Cement Limited for sale?

Deccan Cements kiln 1

A few days ago, the website ’www.moneycontrol.com’ reported that JK Lakshmi Cement and Chettinad Cement were bidding to acquire India’s Deccan Cements Ltd. amid the Andhra infrastructure push. However, Deccan’s company secretary wished to state that the company has promptly…

India’s Adani Group is highest bidder for Jaypee

Jaypee CCF

India’s Adani Group has emerged as the highest bidder in the race to acquire engineering and construction company Jaiprakash Associates (Jaypee), which is currently undergoing insolvency proceedings (we reported here 24. July 2024). According to industry sources, the bid stands…

India’s Adani Group to consolidate cement operations

Ambuja Marwar Cement Works

India’s Adani Group is consolidating its cement operations under the “Adani Cement” brand, streamlining its structure by merging Sanghi Industries and Penna Cement into Ambuja Cements. With the acquisitions of Penna Cement and of Orient Cement the cement capacity will…

India’s Birla Corp. will boost cement capacity

Birla maihar cement

India’s Birla Corporation, the cement flagship Company of the M.P. Birla Group, is embarking on its next phase of growth. The company’s board approved an investment of Rs 4,335 crores to scale up the production capacity from 20.0 Mta to…

India’s UltraTech exceeds 1GW captive power capacity

UltraTech Rawan 1513 solar park

UltraTech Cement Limited, India’s largest cement and ready-mix concrete (RMC) company, has crossed a cumulative installed capacity of one gigawatt (1000 MW) of renewable energy. By March 31, 2025, the company achieved a total renewable energy capacity of 1,021 MW,…