News for 'India Cements Ltd'

Sensex falls 344 pts amid profit-taking, foreign fund outflows

Sensex falls 344 pts amid profit-taking, foreign fund outflows

Rediff.com24 Oct 2025

Among Sensex firms, Hindustan Unilever dropped the most by 3.20 per cent. UltraTech Cement, Kotak Mahindra Bank, Adani Ports, Titan, HDFC Bank and Axis Bank were also among the laggards. However, Bharti Airtel, ICICI Bank, Bharat Electronics and Sun Pharma were among the gainers.

'Fantastic captain. You have done a miracle'

'Fantastic captain. You have done a miracle'

Rediff.com30 May 2023

The thrilling last-ball win by Chennai Super Kings in the IPL final against Gujarat Titans 'is a miracle' and only the legendary Mahendra Singh Dhoni could pull off such a show, said former BCCI president Narayanswami Srinivasan.

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Rediff.com28 Aug 2025

The Adani Group reported its highest-ever trailing twelve-month EBITDA of Rs 90,572 crore, driven by strong performance in its core infrastructure and clean energy businesses, along with contributions from its emerging airports segment, the conglomerate said on Thursday. The group reported an earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs 90,572 crore for the period from July 2024 to June 2025, up from Rs 85,502 crore pre-tax profit in the trailing twelve months ending June 2024, it said in a statement.

Sensex, Nifty end in red in volatile trade

Sensex, Nifty end in red in volatile trade

Rediff.com23 Sep 2025

Among Sensex firms, Trent, Tech Mahindra, Hindustan Unilever, UltraTech Cement, Asian Paints, Eternal and ITC were the major laggards. Selling in HDFC Bank and ICICI Bank also dragged the key indices. However, Axis Bank, Bajaj Finance, Maruti and State Bank of India were among the gainers.

Housing sales down 1% in top 8 cities in Q2

Housing sales down 1% in top 8 cities in Q2

Rediff.com15 Oct 2025

India's top eight housing markets saw a one per cent decline in sales during the July-September period to 95,547 units, mainly due to lower demand in Mumbai, Pune and Delhi-NCR, according to PropTiger. Real estate consultant PropTiger, recently acquired by listed entity Aurum PropTech Ltd, released its data on Wednesday for India's eight primary housing markets for the July-September quarter.

Dalmia Bharat to acquire cement assets of Jaypee

Dalmia Bharat to acquire cement assets of Jaypee

Rediff.com12 Dec 2022

Dalmia Bharat Ltd on Monday announced the acquisition of the cement assets of Jaypee Group's flagship company Jaiprakash Associates Ltd and its associate firms at an enterprise value of Rs 5,666 crore. In a regulatory filing, Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement Bharat Limited (DCBL) has entered into a "binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates Limited and its associate company." The deal includes a total cement capacity of 9.4 Million tones (MnT) per annum, along with clinker capacity of 6.7 MnT and thermal power plants of 280MW at an enterprise value of Rs 5,666 crore, it added.

Sensex breaches 79K-mark, Nifty scales 24,000

Sensex breaches 79K-mark, Nifty scales 24,000

Rediff.com27 Jun 2024

NTPC, JSW Steel, Tata Motors, Bharti Airtel, Power Grid, Kotak Mahindra Bank and Tech Mahindra were also among the major gainers. Larsen & Toubro, Sun Pharma, Nestle, HDFC Bank and Maruti were among the laggards.

Sensex climbs 124 points; Nifty ends above 25K

Sensex climbs 124 points; Nifty ends above 25K

Rediff.com11 Sep 2025

Among Sensex firms, NTPC, Axis Bank, Power Grid, Bharti Airtel, Eternal and Sun Pharma were the major gainers. However, Infosys, Titan, UltraTech Cement and Hindustan Unilever were among the laggards.

Sensex jumps 746 points amid fresh foreign fund inflows, rally in US peers

Sensex jumps 746 points amid fresh foreign fund inflows, rally in US peers

Rediff.com11 Aug 2025

Benchmark BSE Sensex rallied 746 points to close above the 80,000 mark on Monday following buying in oil, auto and banking shares amid fresh foreign fund inflows. The 30-share Sensex jumped 746.29 points or 0.93 per cent to settle at 80,604.08 with 26 of its constituents ending higher.

India Inc to double capex to $850 bn in 5 yrs: S&P report

India Inc to double capex to $850 bn in 5 yrs: S&P report

Rediff.com11 Jun 2025

Corporate India is embarking on an ambitious investment drive, with capital expenditure (capex) expected to double to $850 billion over the next five years, according to a report by S&P Global Ratings. Indian power & transmission, airlines, and green hydrogen sectors would spearhead the spending, the report said.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com21 Jul 2025

Trading sentiment in the stock market this week will be guided by quarterly earning announcements from blue-chips such as Infosys and Bajaj Finance, the outcome of India-US trade talks and global cues, analysts said. Markets may on Monday react to the quarterly results of three heavyweights - Reliance Industries, HDFC Bank and ICICI Bank, an expert said.

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

Rediff.com27 Jun 2025

JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.

ED seizes Rs 1.70 cr cash, documents in raids against Jaypee Infra, others

ED seizes Rs 1.70 cr cash, documents in raids against Jaypee Infra, others

Rediff.com26 May 2025

The Enforcement Directorate has said it seized cash of Rs 1.70 crore and documents related to immovable assets during searches conducted against Jaypee Infratech Ltd (JIL), Jaiprakash Associates Ltd (JAL) and other entities in an alleged homebuyers' fraud case linked money laundering investigation. The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act (PMLA).

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Apr 2025

Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts.

Sensex jumps 676 pts as GST reform bid sparks rally

Sensex jumps 676 pts as GST reform bid sparks rally

Rediff.com18 Aug 2025

Among Sensex firms, Maruti zoomed the most by 8.94 per cent. Bajaj Finance rallied over 5 per cent, UltraTech Cement by 3.71 per cent, and Bajaj Finserv by 3.7 per cent. Mahindra & Mahindra, Hindustan Unilever and Trent were also among the gainers. However, ITC was the biggest loser, dropping by 1.26 per cent. Eternal, Tech Mahindra and Larsen & Toubro also declined.

Sensex, Nifty close almost flat amid caution ahead of US tariff deadline

Sensex, Nifty close almost flat amid caution ahead of US tariff deadline

Rediff.com7 Jul 2025

From the Sensex firms, Hindustan Unilever, Kotak Mahindra Bank, Trent, Reliance Industries, Asian Paints and ITC were among the gainers. However, Bharat Electronics Ltd, Tech Mahindra, UltraTech Cement, Maruti and Eternal were among the laggards.

Aiming to list Jio in first half of 2026: Mukesh Ambani

Aiming to list Jio in first half of 2026: Mukesh Ambani

Rediff.com29 Aug 2025

Reliance Jio, India's biggest telecom operator, is planning to launch an initial public offering (IPO) and listing on bourses in the first half of 2026, billionaire Mukesh Ambani said on Friday. Jio is currently a unit of Reliance Industries Ltd, India's most valuable company.

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Rediff.com26 Jun 2025

Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.

Torrent Group acquires 67% stake in Gujarat Titans

Torrent Group acquires 67% stake in Gujarat Titans

Rediff.com17 Mar 2025

Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.

No CSK without Dhoni, no Dhoni without CSK: N Srinivasan

No CSK without Dhoni, no Dhoni without CSK: N Srinivasan

Rediff.com18 Oct 2021

Under Dhoni's leadership, CSK beat Kolkata Knight Riders to win their fourth IPL title on Friday, October 15, to complete an incredible comeback after their forgettable outing last year.

Operation Sindoor casts shadow on car sales in May

Operation Sindoor casts shadow on car sales in May

Rediff.com9 Jun 2025

Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.

Sensex ends in red; Nifty remains flat

Sensex ends in red; Nifty remains flat

Rediff.com10 Jun 2025

Among Sensex firms, Asian Paints, Bajaj Finance, Tata Steel, Bajaj Finserv, ICICI Bank, Maruti, Reliance Industries, HDFC Bank and Mahindra & Mahindra declined. Tech Mahindra, Tata Motors, Infosys, HCL Tech, IndusInd Bank and UltraTech Cement were among the gainers.

Sensex drops 315 points at close; HUL down 4%

Sensex drops 315 points at close; HUL down 4%

Rediff.com24 Apr 2025

Bharti Airtel, ICICI Bank, Eternal, Mahindra & Mahindra, HCL Technologies, HDFC Bank, Kotak Mahindra Bank, Tata Consultancy Services and Bajaj Finance were also among the laggards.

Bharti Space to invest $36 million in French satellite major Eutelsat

Bharti Space to invest $36 million in French satellite major Eutelsat

Rediff.com21 Jun 2025

As part of a plan to refinance debt and expand its upcoming constellation of satellites, French satellite major Eutelsat Communications will raise euro 1.35 billion, or $1.55 billion, through a reserved capital increase and a rights issue, the company announced on Friday. Bharti Enterprises' space venture, Bharti Space Ltd, will invest euro 31.4 million, or $36 million, in the capital raise.

Markets end in red; Bajaj twins, geopolitical tensions drag

Markets end in red; Bajaj twins, geopolitical tensions drag

Rediff.com30 Apr 2025

Tata Motors, State Bank of India, UltraTech Cement, Tata Consultancy Services, Tata Steel and Asian Paints were among the other laggards from the 30-share pack. Maruti, Bharti Airtel, Power Grid, Hindustan Unilever and HDFC Bank were among the gainers.

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Rediff.com28 Apr 2025

Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.

Adani makes Rs 31,000 cr open offer for ACC, Ambuja Cements

Adani makes Rs 31,000 cr open offer for ACC, Ambuja Cements

Rediff.com26 Aug 2022

Adani Group on Friday launched its Rs 31,000-crore open offer to acquire 26 per cent additional stake from the public shareholders of Swiss firm Holcim's two Indian listed entities ACC Ltd and Ambuja Cements. In May this year, the Adani Group had announced that it had clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India for $10.5 billion. Markets regulator Sebi granted approval for the open offer last week.

Events that shaped Indian businesses in 2024

Events that shaped Indian businesses in 2024

Rediff.com1 Jan 2025

Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.

Adani group to be India's 2nd-largest cement manufacturer

Adani group to be India's 2nd-largest cement manufacturer

Rediff.com16 May 2022

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Rediff.com16 Sep 2022

Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

Stock markets end flat in highly volatile trade

Stock markets end flat in highly volatile trade

Rediff.com27 Feb 2025

From the Sensex pack, Bajaj Finserv, Bajaj Finance, Sun Pharma, Zomato, Tata Steel and Nestle were the biggest gainers. UltraTech Cement, Tata Motors, Mahindra & Mahindra, Kotak Mahindra Bank, Tech Mahindra and State Bank of India were among the major laggards.

After cement, Adani to foray into healthcare

After cement, Adani to foray into healthcare

Rediff.com19 May 2022

Billionaire Gautam Adani's group has created a new company for its foray into healthcare services through the acquisition of large hospitals, diagnostic chains, and offline and digital pharmacies. Adani Enterprises Ltd - the group's business incubator firm - in a regulatory filing said a wholly-owned subsidiary, Adani Health Ventures Ltd (AHVL) was incorporated on May 17, 2022. AVHL will "carry on the business of healthcare-related activities including, inter alia, setting up, running, administrating medical and diagnostic facilities, health aids, health tech-based facilities, research centers and to do all other allied and incidental activities in this regard," it said.

Sensex falls 200 pts dragged by realty, auto shares

Sensex falls 200 pts dragged by realty, auto shares

Rediff.com13 Mar 2025

From the 30 Sensex companies, Zomato, Tata Motors, IndusInd Bank, Asian Paints, Bajaj Finance, Maruti Suzuki India, Adani Ports, Hindustan Unilever, Reliance Industries, Bajaj Finserv, UltraTech Cement and Infosys were among the laggards. In contrast, State Bank of India, ICICI Bank, Tata Steel, NTPC, Tata Consultancy Services, PowerGrid, Kotak Mahindra Bank and Sun Pharmaceuticals were the gainers.

Sensex ends 322 points lower on selling in IT & Teck stocks

Sensex ends 322 points lower on selling in IT & Teck stocks

Rediff.com3 Apr 2025

From the Sensex pack, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Tata Motors, Bajaj Finance, Kotak Mahindra Bank, Mahindra & Mahindra, Bharti Airtel and Maruti Suzuki India, Tata Steel were the major laggards. PowerGrid, Sun Pharmaceuticals, UltraTech Cement, NTPC, Asian Paints, Nestle India, Titan, IndusInd Bank and Axis Bank were among the gainers.

SC rules states can tax mines, royalty on minerals not tax

SC rules states can tax mines, royalty on minerals not tax

Rediff.com25 Jul 2024

In a setback to the Centre, the Supreme Court on Thursday held that states have the legislative competence to impose taxes on mines and minerals-bearing lands under the Constitution.

Markets recover ahead of tariff announcements; Sensex gains 593 points

Markets recover ahead of tariff announcements; Sensex gains 593 points

Rediff.com2 Apr 2025

From the Sensex pack, Zomato jumped nearly 5 per cent, followed by Titan which climbed almost 4 per cent. IndusInd Bank, Maruti, Tech Mahindra, Adani Ports, Bharti Airtel and HDFC Bank were also among the gainers.

Sensex gains 318 pts on buying in RIL, L&T

Sensex gains 318 pts on buying in RIL, L&T

Rediff.com27 Mar 2025

From the Sensex pack, Bajaj Finserv, IndusInd Bank, NTPC, Larsen & Toubro, UltraTech Cement, Adani Ports, Bajaj Finance, Power Grid, Zomato, State Bank of India, HDFC Bank and Titan were the biggest gainers. Tata Motors tanked over 5.5 per cent after US President Donald Trump announced he would impose 25 per cent tariffs on imported cars. Sun Pharma, Kotak Mahindra Bank, Bharti Airtel, HCL Tech and Mahindra & Mahindra were also among the laggards.

Sensex jumps 899 pts, Nifty reclaims 23K

Sensex jumps 899 pts, Nifty reclaims 23K

Rediff.com20 Mar 2025

From the Sensex pack, Bharti Airtel, Titan, Tata Consultancy Services, Hindustan Unilever, Infosys, Nestle, Reliance Industries, Mahindra & Mahindra, HDFC Bank and Tata Motors were the biggest gainers. However, IndusInd Bank, Bajaj Finance and UltraTech Cement were the laggards.

Fresh US tariffs unnerve investors; Sensex down 380 points

Fresh US tariffs unnerve investors; Sensex down 380 points

Rediff.com9 Apr 2025

State Bank of India, Tech Mahindra, Larsen & Toubro, Tata Steel, Sun Pharma, Infosys, HCL Tech, Axis Bank, Tata Consultancy Services and NTPC were among the biggest laggards among Sensex shares. Nestle, Hindustan Unilever, Titan, Power Grid, UltraTech Cement and ITC were among the gainers.

Sensex sinks 425 points dragged by auto stocks, foreign fund outflows

Sensex sinks 425 points dragged by auto stocks, foreign fund outflows

Rediff.com21 Feb 2025

Equity benchmark indices Sensex and Nifty ended lower on Friday, dragged by auto stocks and relentless foreign fund outflows. Weak US markets and tariff threats also dented investor sentiment. The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56 per cent to settle at 75,311.06.