Soon after Ambuja Cements announced the acquisition of Penna Cement, brokerage Emkay Global Financial Services retained its 'Buy' recommendation on the Adani Group-owned cement producer.
Acquiring Penna Cement will increase Ambuja Cements' presence in India, particularly in South India, besides making way to markets in neighbouring Sri Lanka, the Adani Group cement company said in a presentation explaining the rationale behind the acquisition.
Ambuja Cement, the cement and building material company of Adani Cement and part of the diversified Adani Group, announced on Thursday that it has signed a binding agreement for the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs. 10,422 crore.
The stop-clock rule was trialed in international matches from December of last year and was made a permanent fixture by the ICC in international T20 cricket at the end of its trial period in April 2024.
New Delhi [India], June 12: As the financial year comes to a close, it's time to turn our attention to one of the most critical tasks for taxpayers: filing the Income Tax Return (ITR). The Income Tax Return Filing 2024 season has started, and meeting the deadlines is crucial to avoid penalti
The regulator imposed a penalty of Rs one crore each on the ex-anchor Pradeep Pandya and one Alpesh Vasanji Furiya, a technical analyst and fined the remaining six entities Rs 10 lakh each.
Mumbai (Maharashtra) [India], June 12: Turtlemint, a leading insurance distribution platform in India, today announced a significant milestone - surpassing 1 crore (10 million) policies sold. This achievement underscores a testament to the power of the Point of Sale Person (POSP) model and T
"Our top priority will be effective and successful implementation of the three criminal laws. Our focus is also on reducing the pendency of matters," Meghwal told ANI.
The convicts have been identified as Hritik (22) and Vikrant (24). They abducted the minor son of the Congress leader, a resident of Pigdambar village, Indore district and demanded a ransom of Rs 4 crore. Later, they killed him out of fear of getting caught.
21 officers, including three officers from 03 BHCC were awarded the prestigious "Golden Wings" by Vice Admiral Rajesh Pendharkar, AVSM, VSM, Flag Officer Commanding-in-Chief, Eastern Naval Command. Additionally, three Officers of the 04 Basic Conversion Course (BCC) completed their Stage
Addressing the media in Shimla, Thakur said that there are chances of a change of government in the state. He said the case of the appointment of six Chief Parliamentary Secretaries is still pending in the High Court and after the court's order the government would once again in threat.