The Adani Group's total contribution to the exchequer increased by 29 per cent to Rs 74,945 crore from Rs 58,104 crore in FY 2023-24 through its portfolio of listed entities for the fiscal year 2025, the conglomerate said in a release.
Congress General Secretary in-charge Communications Jairam Ramesh, in a statement, alleged that India’s third-largest cement producer Shree Cement, who was in talks to acquire Sanghi Industries, exited the race after Income Tax Department launched raids against it. The senior leader said tha
Mumbai (Maharashtra)/ New Delhi [India], August 3: Cyril Amarchand Mangaldas (CAM) advised Ambuja Cement on acquisition of a majority stake in Sanghi Industries, one of the leading cement manufacturers from western India, at an enterprise value of INR 5,000 crore. CAM is also advising on the
Ambuja Cements Ltd (ACL), the cement and building material company of Adani Cement and part of the diversified Adani Group on Thursday announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore.