Ambuja Cements, a key player in the cement and building materials industry and a part of the diversified Adani Portfolio, has inked a definitive agreement to acquire My Home Group’s 1.5 MTPA Cement Grinding Unit in Tuticorin, Tamil Nadu. The acquisition, valued at Rs. 413.75 Crores and funded through internal accruals, marks a strategic move […]
India is projected to grow at the rate of 6.2 per cent in 2024, backed by a robust domestic demand and strong growth in the services and manufacturing sectors, the United Nations (UN) has said. The UN released the World Economic Situation and Prospects (WESP) 2024 report on Thursday. The report states that South Asia’s […]
The Confederation of Indian Industry (CII) has said that the opportunity to become part of global value chains has significantly increased post the G20 declaration adopted in New Delhi. In an exclusive interview with ANI, R Dinesh, President of CII and Executive Vice Chairman at TVS Supply Chain Solutions said, “India has been one of […]
External Affairs Minister S Jaishankar on Thursday, highlighted four key pillars of cooperation between India and Latin America and the Caribbean (LAC region) and said that the two economies can target USD 100 billion in trade by 2027. Jaishankar also highlighted four key pillars of enhanced engagement namely; supply chain diversification; resource partnerships; sharing of […]
