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India’s core sector output witnessed a strong revival in September, bouncing back from a 42-month low in August as key core industries regained momentum. Cement led...
Ambuja Cements' stake would rise to 72.8 per cent, as per the notice filed with the CCI.
Ambuja Cements targets 140 million tonne capacity.
Ambuja Cements targets 140 million-tonne capacity.
Ambuja Cements reported limestone reserves of eight billion tonnes
Ambuja Cements purchases Orient Cement for ?8,100 crore.
Acquiring the C K Birla-owned company will help Ambuja in achieving targeted capacity of 100 mn t.
The project follows a £1.25 billion joint investment from Tata Steel and UK government.
The acquisition of OCL complements Ambuja's existing cement footprint.
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