Ambuja Cements

Adani Portfolio Delivers Highest Ever EBITDA Growth, Jumps 47% y-o-y in H1FY24; Crosses Rs 43K Cr

Retrieved on: 
Tuesday, December 12, 2023
Other Transport, Alternative Energy, Energy, Transport, Utilities, Hydrogen, EBITDA, Green hydrogen, Yoy, Airport, Adani Ports & SEZ, ACC, USD, Adani Power, Ambuja Cements, Adani Enterprises, Compound annual growth rate, Growth, AEL, Adani Green Energy, Overalls, INR, SEZ, Renewable energy, Bookkeeping, Adani

The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses.

Key Points: 
  • The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses.
  • During the period, the portfolio level EBITDA stood at Rs 43,688 Cr (USD 5.3 billion), up 47% YoY.
  • These businesses include the utility (Adani Green Energy, Adani Energy Solutions, Adani Power and Adani Total Gas), transport (Adani Ports & SEZ) and other infrastructure businesses (those being incubated by Adani Enterprises – green hydrogen integrated manufacturing, airports and roads).
  • The incubation under Adani Enterprises continues to progress well, with the assets contributing 8% of the overall EBITDA.

India Cement Industry Report 2022: Cement Consumption Reached 355.46 Million Tons in FY 2022 and is Expected to Reach 450.78 Million Tons by the End of FY 2027 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 23, 2023
Other Construction & Property, Architecture, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Growth, Adani Group, Airport, Holcim Group, ACC, Ambuja Cements, Government, USD, Acquisition, Cement industry in the United States, Housing, Video game

India is the second-largest producer of cement in the world, accounting for more than 7% of the global installed capacity.

Key Points: 
  • India is the second-largest producer of cement in the world, accounting for more than 7% of the global installed capacity.
  • In FY 2022, domestic production of cement stood at 356 million tons, up from 296 million tons in FY 2021.
  • In terms of volume, cement consumption reached 355.46 million tons in FY 2022 and is expected to reach 450.78 million tons by the end of FY 2027.
  • However, because orders were put on hold, consumption volumes increased in the second quarter of FY 2022.

WeQual Recognises 8 Exceptional Business Women Across Asia

Retrieved on: 
Thursday, October 6, 2022
Finance, Business, Women, Consumer, Professional Services, Directory, General manager, Partner, Woman, Business, Multimedia, Hindustan Unilever, Ambuja Cements, UPL, Buckingham Gate, Parity, Zurich Insurance Group, Environment, Colgate-Palmolive, Supply chain operations reference, Holcim, Mediclinic International, Safety, Former, Film, Management, Health

Eight talented businesswomen, holding prominent executive roles in leading companies listed across the Asia-Pacific region, have been named winners in the WeQual Awards.

Key Points: 
  • Eight talented businesswomen, holding prominent executive roles in leading companies listed across the Asia-Pacific region, have been named winners in the WeQual Awards.
  • View the full release here: https://www.businesswire.com/news/home/20221005005916/en/
    The WeQual Awards were created to accelerate gender parity at the top of the largest companies in the world.
  • The WeQual Awards are designed to identify, celebrate and encourage talented women who are ready and willing to take the next step to Group Executive Committee level.
  • To help accelerate gender parity, WeQual recently launched the online platform "WeQual Global".

Holcim closes India divestment

Retrieved on: 
Friday, September 16, 2022
Sale, CHF, Acquisition, ACC, USD, Adani Group, Investment, Publishing, INR, Heart, Annual report, Risk management, Bookkeeping, Holcim, Solution, Ambuja Cements

Holcim has closed the sale of its business in India to the Adani Group, comprising its full stakes in Ambuja Cement at a share price of INR 385 and in ACC at a share price of INR 2,300, resulting in cash proceeds of USD 6.4 billion for Holcim.

Key Points: 
  • Holcim has closed the sale of its business in India to the Adani Group, comprising its full stakes in Ambuja Cement at a share price of INR 385 and in ACC at a share price of INR 2,300, resulting in cash proceeds of USD 6.4 billion for Holcim.
  • As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world.
  • With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success.
  • Holcim does not undertake to provide updates of these forward-looking statements.

upGrad Completes Investment Round of USD 210 Million

Retrieved on: 
Tuesday, August 16, 2022
Education, Data Management, Technology, Software, Training, University, Bodhi, Mentorship, Joint Admissions and Matriculation Board, Founder Group, College, Growth, IP, Rerun, Bharti Airtel, Ambuja Cements, Hope, Master, Doctorate, Mark (given name), ETS, View, Program, Integration, Partnership, ACC, Temasek, IFC, Universal Referral Program, TOEFL, Family office, Ownership, University, Singapore–Vietnam relations, IIFL, USD, Tutoring, Family, Slum upgrading, Educational technology

upGrad, Asia's higher edtech major, has announced a fresh round of fundraise from marquee investors and Family Offices who join the company cap-table.

Key Points: 
  • upGrad, Asia's higher edtech major, has announced a fresh round of fundraise from marquee investors and Family Offices who join the company cap-table.
  • This round has witnessed participation from ETS (worlds largest TOEFL & GRE Test Leader), Bodhi Tree (a JV of James Murdoch & Uday Shankar), Singapore's Kaizen Management Advisors Pvt.
  • Founder Group also invested USD 12.5 million in this round to maintain their over 50% ownership in upGrad.
  • We welcome our new investors and industry veterans to the upGrad cap table.

upGrad Closes Investment Round of USD 210 Million

Retrieved on: 
Monday, August 8, 2022
Software, Internet, Other Education, Data Management, Technology, University, Education, Training, Bodhi, Mentorship, Joint Admissions and Matriculation Board, Founder Group, College, IP, Rerun, Bharti Airtel, Ambuja Cements, Hope, Master, Doctorate, Mark (given name), Program, Integration, ACC, Temasek, IFC, Referral marketing, TOEFL, Ownership, Family office, University, Singapore–Vietnam relations, IIFL, USD, Tutoring, Family, Slum upgrading, Educational technology

upGrad, Asia's higher edtech major, has announced a fresh round of fundraise from marquee investors and Family Offices who join the company cap-table.

Key Points: 
  • upGrad, Asia's higher edtech major, has announced a fresh round of fundraise from marquee investors and Family Offices who join the company cap-table.
  • This round has witnessed participation from ETS Global (worlds largest TOEFL & GRE Test Leader), Bodhi Tree (a JV of James Murdoch & Uday Shankar), Singapore's Kaizen Management Advisors Pvt.
  • Founder Group also invested USD 12.5 million in this round to maintain their over 50% ownership in upGrad.
  • upGrad is on track to record annual gross revenue of USD 400-500 million during FY23 out of which about 45% of total revenue will be realised from its own-branded online courses and programs.

Adani to Acquire Holcim's Stake in Ambuja Cements and ACC Limited

Retrieved on: 
Sunday, May 15, 2022
Adani Group, Urbanization, ESG, Plant, Real estate, Goal, Lists of cities by country, Environment, SDG, CSR, Renewable energy, Affordable housing, City, USD, Mining, Community, Company, Airport, Firestone Building Products, Growth, Goodness, Drinking, Lafarge, Heart, Solution, Adani, Group, Aggregate Industries, Climate, Family, Acquisition, CEO, Development, Oil shale, Cement, Transport, Resource, Sanitation, Ambuja Cements, ACC, Holcim

AHMEDABAD, India, May 15, 2022 /PRNewswire/ -- The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd's entire stake in two of India's leading cement companies – Ambuja Cements Ltd and ACC Ltd.

Key Points: 
  • The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is USD ~10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest ever M&A transaction in the infrastructure and materials space.
  • "Our move into the cement business is yet another validation of our belief in our nation's growth story," said Mr Gautam Adani, Chairman of the Adani Group.
  • In addition, Ambuja Cements and ACC are two of the strongest brands recognized across India.
  • Ambuja Cements and ACC currently have a combined installed production capacity of ~70 MTPA.

Adani to Acquire Holcim's Stake in Ambuja Cements and ACC Limited

Retrieved on: 
Sunday, May 15, 2022
Adani Group, Urbanization, ESG, Plant, Real estate, Goal, Lists of cities by country, Environment, SDG, CSR, Renewable energy, Affordable housing, City, USD, Mining, Community, Company, Airport, Firestone Building Products, Growth, Goodness, Drinking, Lafarge, Heart, Solution, Adani, Group, Aggregate Industries, Climate, Family, Acquisition, CEO, Development, Oil shale, Cement, Transport, Resource, Sanitation, Ambuja Cements, ACC, Holcim

AHMEDABAD, India, May 15, 2022 /PRNewswire/ -- The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd's entire stake in two of India's leading cement companies – Ambuja Cements Ltd and ACC Ltd.

Key Points: 
  • The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is USD ~10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest ever M&A transaction in the infrastructure and materials space.
  • "Our move into the cement business is yet another validation of our belief in our nation's growth story," said Mr Gautam Adani, Chairman of the Adani Group.
  • In addition, Ambuja Cements and ACC are two of the strongest brands recognized across India.
  • Ambuja Cements and ACC currently have a combined installed production capacity of ~70 MTPA.

India Cement Industry Report 2021: Analysis of the Second-Largest Producer of Cement in the World - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 20, 2022
Construction & Property, Other Construction & Property, Population, Cement industry in the United States, Housing, Industry, Growth, Ambuja Cements, Government, Airport, ACC (company), Cement

The "Cement Industry in India 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Cement Industry in India 2021" report has been added to ResearchAndMarkets.com's offering.
  • The cement industry is mainly driven by the consequential number of construction activities with the growing demand and a surging need for residential complexes of urbanised population.
  • Some of the major players include UltraTech Cement Limited, Ambuja Cements Limited, ACC Limited, Shree Cement Limited.
  • India is the second-largest producer of cement in the world, accounting for more than 7% of the global installed capacity.

EQS-News: Holcim unveils new Group identity

Retrieved on: 
Thursday, July 8, 2021
LafargeHolcim, Companies, Ambuja Cements, Industry economics), Holcim, Lafarge, ACC, Aggregate Industries, Secondary sector of the economy

At the forefront of green building solutions, Holcim is committed to playing an essential role to accelerate our world's transition to a net zero and inclusive future.

Key Points: 
  • At the forefront of green building solutions, Holcim is committed to playing an essential role to accelerate our world's transition to a net zero and inclusive future.
  • Our new Group identity sends a signal to the world that we are fully committed to building progress for people and the planet.'
  • Holcim is home to some of the world's most trusted brands in its sector including ACC, Aggregate Industries, Ambuja Cements, Firestone Building Products, Geocycle, Holcim and Lafarge.
  • Holcim is the company behind some of the world's most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge.