Page 55 - Adani Group
How has Adani group charted its success over three decades?
The last two years have been eventful for Gautam Adani, when his wealth grew from $8.9 bn to $105 bn. Last week, he clinched a deal to acquire Ambuja and ACC cements. Let's track his growth story
 "How has Adani group charted its success over three decades?")
Is Ambuja Cement & ACC merger on the cards after Adani's Holcim deal?
Shares of ACC and Ambuja Cements soared up to 4% in yesterday's trade after the Holcim Adani deal. Analysts believe the Adani Group may merge both these entities over the medium term. Find out more
 "Is Ambuja Cement & ACC merger on the cards after Adani's Holcim deal?")
Adani-Holcim deal may trigger consolidation in cement industry: Experts
Expansion plans by most larger players despite glut in markets, fuel price-driven cost pressure and resistance from market to absorb higher cost may force weaker players out
 "Adani-Holcim deal may trigger consolidation in cement industry: Experts")
Ambuja-ACC deal: Cost synergies seem to justify premium deal valuation
But, whether players maintain discipline or turn aggressive on pricing as new capacities come on stream will be crucial
 "Ambuja-ACC deal: Cost synergies seem to justify premium deal valuation")
Adani-Holcim deal: Analysts expect Ambuja and ACC to merge in medium-term
Adani-Holcim deal: The merger of Ambuja Cement and ACC will help Adani Group rationalise a lot of fixed cost quotients at both these entities, analysts said
 "Adani-Holcim deal: Analysts expect Ambuja and ACC to merge in medium-term")
Indian lenders look to refinance Adani's stake acquisition in Ambuja, ACC
While there are curbs on banks for directly funding takeovers and acquisitions, banks will assess any room for funding via overseas branches and subsidiaries when exposure review is done
 "Indian lenders look to refinance Adani's stake acquisition in Ambuja, ACC")
What UltraTech and JSW Cement plan to do after losing Holcim deal to Adani
Speeding up capacity expansion would be top focus area, said analysts
 "What UltraTech and JSW Cement plan to do after losing Holcim deal to Adani")
No capital gains tax on Ambuja, ACC sale to Adani Group: Holcim CEO
India-Mauritius treaty allows tax exemption on such agreement, says Swiss company's CEO.
 "No capital gains tax on Ambuja, ACC sale to Adani Group: Holcim CEO")
ACC, Ambuja to ramp up capacity as Adani vies with UltraTech for top slot
Adani group aiming at 100 mn tonnes per annum combined, from present 70 mn tonnes; both firms to invest with own cash and fresh debt; ACC-Ambuja merger on cards
 "ACC, Ambuja to ramp up capacity as Adani vies with UltraTech for top slot")
Cementing growth
Adani Group is increasing its stake in the India story
Holcim to use proceeds from India sale for lower carbon acquisitions
Over the last 15 months Holcim has spent 5 billion Swiss francs ($4.99 billion) on a string of companies outside the cement market as it pivots towards building products like roofing and mortars.
Adani group wins race to buy Ambuja Cements, ACC for $10.5 bn from Holcim
Group outbids Ultratech and JSW group to enter the industry and also emerge as the country's second-largest cement manufacturer
 "Adani group wins race to buy Ambuja Cements, ACC for $10.5 bn from Holcim")
Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz
The Adani Group announced the acquisition of Swiss cement major Holcim's stake in all its Indian operating entities for $10.5 billion (around Rs 81,361 crore), including the open offers.
 "Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz")
Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs
Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.
 "Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs")
Adani nears $10- bn deal for controlling stake in Holcim India business
The Adani Group is hammering out the final details of a $10 billion deal for 63.1% of Ambuja Cements Ltd. along with related assets
Mumbai airport completes runway maintenance work; 150 flights rescheduled
The private airport operator said it temporarily shut the runway between 11 am and 5 pm on Tuesday to facilitate the maintenance and repair work
 "Mumbai airport completes runway maintenance work; 150 flights rescheduled")
JSW Group to make $7 bn bid for Holcim's India cement business: Report
The move comes as Switzerland's Holcim tries to diversify away from its core business of cement and aggregates to focus more on building technology amid increased emphasis on sustainability
 "JSW Group to make $7 bn bid for Holcim's India cement business: Report")
Adani becomes fourth Indian group to acquire franchise in UAE's T20 League
Follows RIL, GMR group and Capri Global; tournament likely to be launched in June
 "Adani becomes fourth Indian group to acquire franchise in UAE's T20 League")
Adani group raises $250 million debt to fund development at six airports
The group has option to raise another $200 million under the existing facility
Adani Sportsline acquires new franchise in UAE T20 cricket League
Licensed by the Emirates Cricket Board, the UAE T20 League will be an annual event that will feature six teams competing in a 34-match event
