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Profits plunging for cement businesses

The cement industry’s financial performance continues to slide, with Q2 losses piling up due to sluggish consumption and rising input costs. ....

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Nirma Group acquires eye drop maker Stericon Pharma

Stericon’s eye drops and contact lens cleaning solutions are sold in nearly 50 countries today ....

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Adani's brother plays key role at embattled dynasty

In August, as India’s Adani Group neared the completion of its $10.5 billion purchase of two cement businesses, the conglomerate and its banks put out some particularly complicated filings. ....

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Adani to raise $10 bn from global investors

Billionaire Gautam Adani and his family are in early talks with investors, including Temasek, Singapore’s sovereign wealth fund GIC, and other wealth and private equity funds, to raise at least $10 billion to fund the group’s expansion plans in clean energy, ports and cement businesses ....

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JSW Group set to enter the e-commerce market by scaling up its JSW One initiative

According to industry sources the penetration of e-commerce in the home building segment is still in its nascent stage and will show high growth potential. ....

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