Ambuja Cements Q4 Profit Rs 15.25 Bn

Ambuja and ACC's blended cement are now enlisted in GRIHA catalogue

Ambuja Cements and ACC, the cement building and material companies of the diversified Adani Group, have achieved certification for their sustainable blended cement products and are now enlisted in GRIHA's Product Catalogue. This underscores their leading role in green cement production and commitment to achieving Net Zero emissions by 2050.

GRIHA Council (registered under the Societies Registration Act, 1860) is an independent society developed for the promotion and adoption of sustainable habitats in the Indian subcontinent. It was established in the year 2007 with the combined effort..

Ambuja Cements Invests Rs.100 Million

Ambuja Cements, a leading player in the construction industry, has unveiled plans to invest a substantial ?100 million in setting up a state-of-the-art grinding unit in Jharkhand. This strategic move is poised to significantly enhance the company's production capacity and solidify its position in the market.

The ?100 million investment underscores Ambuja Cements' commitment to innovation and expansion, aligning with the evolving needs of the construction sector. The new grinding unit is anticipated to leverage cutting-edge technology, ensuring increased efficiency and sustainability i..

Ambuja Cement eyes Rs 10 billion plant in Jharkhand

Adani Group's Ambuja Cements (ACL) has announced a Rs 10 billion investment to establish a four million tonnes per annum (MTPA) cement grinding unit in Jharkhand's Godda district. The project, which is planned to be located near Adani Power (Jharkhand), is part of a comprehensive approach to dispose of fly ash in an environmentally safe manner, contributing to a circular economy, as per the company's statement.

According to ACL, the unit is expected to generate direct and indirect employment for more than 2,500 people and will "achieve a significant milestone in contributing to the so..

Shree Cement incurs Rs 6.62 billion profit for Q4; beats expectations

Shree Cement, India's third-largest cement manufacturer by market capitalisation announced a fourth-quarter profit that exceeded, attributing it to increased volumes driven by lower cement prices. Typically, cement companies witness a surge in volumes in the March quarter as they reduce prices to clear year-end inventory backlogs.

Analysts had anticipated that reduced fuel costs would partially offset the decline in prices. Shree Cement's profit for the quarter ending March 31 reached Rs 6.62 billion, surpassing street forecasts of Rs 6.20 billion, as per LSEG data. This marked a si..

Jaishankar Highlights Mumbai-Ahmedabad Bullet Train Benefits

india's vision of a modern and interconnected transportation network. Foreign Minister S Jaishankar has emphasised the significant benefits of the Mumbai-Ahmedabad bullet train project, citing its potential to revolutionise transportation and boost economic growth. Speaking on the project, Jaishankar highlighted its role in enhancing connectivity, fostering economic development, and strengthening bilateral ties with Japan.

The Mumbai-Ahmedabad bullet train project, a flagship infrastructure initiative between India and Japan, aims to reduce travel time between the two cities from hour..