Category : Search result: cement industry merger


ACC Q2 Profit Soars to ₹1,119 Crore, Revenue Up 30%

ACC Limited reports blockbuster Q2 FY26 results with net profit skyrocketing to ₹1,119 crore and revenue surging 30% year-on-year. The Adani-owned cement major demonstrates robust operational performance amid strong market demand.

8th Pay Commission Approved: Big Salary Hikes Coming

Cabinet greenlights 8th Pay Commission terms - Central government employees and pensioners can expect significant salary revisions and pension increases. Latest updates on expected hikes and implementation timeline.

Hiten Tejwani: 22-hour work days, dozed off driving

Popular TV actor Hiten Tejwani reveals extreme work conditions in Indian television industry - 22-hour shifts for a month, earning just ₹1 lakh, and dangerous exhaustion that led to falling asleep at wheel.

Union Bank & Indian Bank Get RBI Nod for Overseas Merger

In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.

Paramount Cuts 1,000 Jobs in Major Restructuring

US media giant Paramount Global initiates major restructuring with 1,000 job cuts amid potential Skydance merger. Get exclusive details on the layoff strategy and what's next for the entertainment industry.

Huntington Bancshares Buys Cadence Bank in $7.4B Deal

Columbus-based Huntington Bancshares announces landmark $7.4 billion acquisition of Cadence Bank, creating a banking powerhouse with expanded Southern US footprint and enhanced digital capabilities.

India Ratings affirms Birla Corp credit rating

India Ratings maintains Birla Corporation's stable credit outlook, citing robust debt management and impressive capacity utilization as key strengths in cement sector growth.

Huntington Bancshares Acquires Cadence in $7.4B Bank Deal

In a landmark banking sector consolidation, Huntington Bancshares acquires Cadence Bank for $7.4 billion through an all-stock transaction, significantly expanding its presence across the lucrative Southern US markets.

Nifty Hits Record High; Tejas, ACC Cement at 52-Week Lows

Indian stock market hits historic peak as Nifty reaches unprecedented levels. Discover which stocks surged and why Tejas Networks, ACC Cement, and Bajaj Housing Finance plunged to 52-week lows in today's volatile trading session.

Novartis Nears $1.7B Avidity Biosciences Acquisition

Swiss pharmaceutical giant Novartis AG is finalizing a landmark acquisition of California-based Avidity Biosciences in a deal valuing the biotech firm at over $70 per share, potentially exceeding $1.7 billion, according to exclusive reports.

Karnataka firm loses ₹12L in online cement fraud

A Kundapur-based company falls victim to sophisticated online fraud, losing ₹12 lakh to scammers posing as cement suppliers. Learn how the digital payment scam unfolded and crucial cybersecurity lessons.

Dalmia Bharat vs Jaypee: Jaisalmer Cement Plant Bid War

Major cement players Dalmia Bharat and Jaypee Group engage in competitive bidding for Jaisalmer plant expansion. Get exclusive insights into this strategic industry move that could reshape Rajasthan's cement landscape.

Vedanta, Adani, Jindal, Dalmia Bid For Jaypee Cement

Corporate giants Vedanta, Adani Group, Jindal Power, and Dalmia Bharat are locked in a high-stakes battle to acquire Jaiprakash Associates' cement business through the insolvency process, marking one of India's most significant corporate recovery cases.

Dalmia Bharat's ₹9,000 Cr Cement Expansion Plan

Dalmia Bharat announces massive capacity expansion to 75 MTPA by 2027, investing ₹9,000 crore to capitalize on India's growing infrastructure demand and government spending initiatives.

NCLT Orders Insolvency Against Bhilai Jaypee Cement

The National Company Law Tribunal has initiated corporate insolvency resolution proceedings against Bhilai Jaypee Cement Limited, marking a significant development in India's corporate landscape and cement industry.

India's Core Industries Grow 7.8% in October

India's eight core infrastructure industries show robust 7.8% growth in October 2023, led by strong performance in steel, cement, and electricity sectors, signaling economic momentum.

India's Core Sector Grows 3% in Sept 2025

India's eight core industries show robust 3% growth in September 2025, with steel and cement sectors driving expansion amid strong infrastructure demand and economic momentum.

India's Core Sector Contracts in September 2025

India's eight core infrastructure industries witnessed contraction in September 2025, with coal and cement sectors showing significant decline. Get detailed analysis of the economic slowdown.

Nagaland Ruling Party Merges with Opposition NPF

In a dramatic political realignment, Nagaland's ruling Nationalist Democratic Progressive Party formally merges with opposition Naga People's Front, reshaping state politics ahead of crucial elections.

UltraTech Cement Q2 Profit Soars 69%

UltraTech Cement reports stellar Q2 FY2025 results with 69% net profit surge to ₹1,275 crore. Revenue climbs 9% as demand momentum continues. Read key insights about India's cement sector recovery.

Q2 Results: HDFC Bank, ICICI, Yes Bank, PNB Earnings Today

Major Indian banking and cement stocks including HDFC Bank, ICICI Bank, Yes Bank, PNB, Ultratech Cement and UTI Asset Management to announce Q2 FY24 results today. Get expert analysis on what to expect from these key players.

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