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Orient Electric appoints Ravindra Singh Negi as MD and CEO, Retail News, ET Retail

Orient Electric appoints Ravindra Singh Negi as MD and CEO, Retail News, ET Retail
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New Delhi , Bharti Airtel , Deepak Khetrapal , Indian Fans Manufacturers Association , Orient Electric , Ck Birla Group , Orient Electric Limited , Ravindra Singh Negi , Orient Electric Board ,

adani: Orient promoter CK Birla taps Adani for cement business sale

Industrialist CK Birla has approached Gautam Adani to sell his promoter stake in Orient Cement after rejecting offers from other buyers. Birla s stake in Orient Cement is 37.9%, with a market value of ₹3,878 crore. The talks with Adani have been ongoing for the past few months, but there is no guarantee of a transaction. Birla s valuation demand, which is double the current market price, could be a deal breaker. Adani Cement recently acquired Sanghi Industries and currently has a total cement capacity of 110 MTPA. ....

Deepak Khetrapal , Gautam Adani , Sanghi Industries , Jp Morgan , Orient Cement , Adani Cement , Ambuja Cement , Ck Birla , Cement Business , Stake Sale , Jk Lakshmi , Binani Cement , Portland Cement ,