Cube Highways Trust expands highway assets portfolio with acquisition of seven key assets worth Rs 5,172 crore.

Cube Highways Trust to acquire seven highway assets valued at Rs 5,172 crore

Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt Ltd, has announced a significant stride in expanding its highway assets portfolio. In a strategic move, the Trust is set…

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Jindal Aluminium's two-year milestone underscores its impressive growth and unwavering commitment to innovation and community welfare.

Jindal Aluminium celebrates two years of growth and commitment

Jindal Aluminium Ltd celebrated two years of successful operations at its Bhiwadi facility. Following the acquisition of Indo Alusys Industries Ltd, Bhiwadi assets, the company has thrived, marking a significant…

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Magicrete solidifies its position as India's AAC Blocks leader with the acquisition of Maxlite, expanding its reach and capacity.

Magicrete completes acquisition of majority stake in Maxlite

Magicrete achieves a milestone by acquiring a majority stake in Bengaluru-based Maxlite. This acquisition, completed with finesse, amplifies Magicrete’s stronghold in the AAC Blocks market industry. With Maxlite’s two manufacturing…

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ACC Ltd acquires a 55% stake in Asian Concretes and Cements marking a strategic move towards 100% control in the cement industry.

ACC seals Rs 425.96 crore deal, gains full control over Asian Concretes

In a strategic move to fortify its position in the thriving cement industry, ACC Ltd, a prominent entity under the Adani Group umbrella, has unveiled plans to acquire a commanding…

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Shyam Metalics and Energy (SMEL) successfully acquires Mittal Corp, expanding manufacturing prowess and creating job opportunities.

Shyam Metalics and Energy concludes acquisition of Mittal Corp

Kolkata-based Shyam Metalics and Energy (SMEL) have accomplished the acquisition of Mittal Corp, a significant move bolstering their manufacturing capabilities. Through its wholly-owned subsidiary, Shyam Sel and Power, SMEL has…

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Birla Carbon strengthens its foothold in the energy systems market with the acquisition of Nanocyl, a leader in multi-wall carbon nanotubes.

Birla Carbon boosts its energy systems market presence with Nanocyl acquisition

Birla Carbon, a prominent manufacturer and supplier of top-quality carbon solutions, has successfully completed the acquisition of Nanocyl SA, a renowned leader in multi-wall carbon nanotubes (MWCNTs) based in Sambreville,…

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Adani Group completes acquisition of Mumbai International Airport

Adani Group completes acquisition of Mumbai International Airport

The Adani Group has completed the acquisition of Mumbai International Airport (MIAL) and will begin construction of the greenfield airport in Navi Mumbai by August 2021. In August 2020, the…

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Adani Green Energy to buy 74.94 MW solar projects from Sterling & Wilson

Adani Green Energy to buy 74.94 MW solar projects from Sterling & Wilson

Adani Green Energy Ltd (AGEL) is expected to acquire 74.94 MW of solar projects in Telangana from Shapoorji Pallonji Group company Sterling & Wilson for Rs 446 crore. The company…

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Adani Airports purchases 23.5% stake in Mumbai Airport

Adani Airports purchases 23.5% stake in Mumbai Airport

The Adani Group has completed the purchase of 23.5 per cent stake in Mumbai International Airport (MIAL) from two South African entities, marking the first step towards acquiring a majority…

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IOC to set up Nagapattinam refinery project in TN

IOC to set up Nagapattinam refinery project in TN

The board of Indian Oil Corporation (IOC) cleared a proposal to set up a 9 million tonne (MT) refinery at Nagapattinam in Tamil Nadu that may see an investment of…

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Texmaco Rail buys steel foundry

Texmaco Rail & Engineering, a part of the Saroj Poddar-led Adventz Group, will acquire a steel casting foundry from the Simplex Castings Ltd at an estimated investment of Rs 87.50…

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