The asset management unit of JPMorgan Chase & Co. has wiped its ESG portfolios clean of their exposure to the Adani empire. The move, captured by an analysis of data compiled by Bloomberg, comes as a number of major investment firms such as BlackRock Inc. and the fund management unit of Deutsche Bank AG, DWS … Read more
New Delhi, on Tuesday said it has issued 47.74 crore warrants to Adani family firm Harmonia Trade and Investment and raised Rs 5,000 crore. Ambuja Cement, now a part of Adani Cement, has issued 47.74 crore warrants at a price band of Rs 418.87, said a regulatory filing by the company. As per the terms … Read more
Synopsis The Indian cement industry is crowded with multiple players trying to survive in cut-throat competition. The top 5 players in the industry are UltraTech Cement, Shree Cement, ACC Ltd, Ambuja Cements and Dalmia Bharat. These players together have a capacity of over 270 million tonnes per annum (MTPA). Let us look at the top … Read more