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Cement business growth will be through organic, inorganic routes: Kumar Mangalam Birla

The competition heated up in the Indian cement industry after Adani s take over of Ambuja Cement and ACC Ltd., which placed Adani in direct competition with UltraTech. Analysts expect the war for market share to continue and may lead to price wars even as new capacities are added. ....

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BHEL, PNB, Mamaearth and 29 other stocks enter MSCI indices

India s weightage in the MSCI Global Standard (Emerging Markets) index will reach a historic high of 18.2%. India s representation is expected to increase to around 18.5% after the February rejig, according to Abhilash Pagaria of Nuvama Alternative & Quantitative Research. The quarterly rebalancing could lead to significant inflows from passive FII funds. ....

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