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Market share of top five cement makers to rise to 55 per cent by March 2025: ICRA

Top five domestic cement manufacturers could expand their market share to up to 55 per cent by March 2025, through organic and inorganic expansions, leading to further consolidation, said a report from rating agency ICRA. Helped by a healthy demand prospect, large companies operating in the cement

Aditya birlaAnupama reddyDalmia bharatUltratech cement ltdAdani groupManufacturers associationGroup headCement manufacturers associationTonnes per annumAdani cementAmbuja cementShree cementsBankruptcy codeCo group headCorporate ratings anupama reddy

Top five to corner 55 pc market share in cement sector

Chennai: Amidst reports of Adani Group exploring more acquisitions in the cement sector, ICRA foresees further consolidation in the sector with top five companies cornering 55 per cent share by next.

Tamil naduAnupama reddyJaiprakash associatesUltratech cement of the aditya birla groupAdani groupGroup headHyderabad based penna cementSaurashtra cementVadraj cementAdani cementAmbuja cementsUltratech cementAditya birlaVice presidentCo group headCorporate ratings

Why Antitrust Regulators Are Focused On Problematic AI Algorithms

Because commercial applications of AI are spreading like wildfire, business leaders and executives need to know what conduct enforcers are focusing on in order to avoi.

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Strong consumption trends driving growth for retail mall operators, warehousing sectors, office segment under pressure

Strong consumption trends driving growth for retail mall operators, warehousing sectors, office segment under pressure
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Anupama reddyGroup headVice presidentCo group headCorporate ratings

India consumption story driving mall operators, warehousing players growth, ICRA

Though the net absorption was healthy in the first three quarters of this financial year, the vacancy levels rose by 100 bps to 20% as of December 2023 due to higher new supply, which has become operational recently and is yet to ramp up fully. ICRA expects the occupancy levels to sustain at 81-82% as of March 2024 and improve to 82-83% by March 2025.

Anupama reddyGroup headVice presidentCo group headCorporate ratingsRetail mall operatorsWarehousing sectorsConsumption trendsRental incomeOffice leasing