AVG Logistics Limited has announced securing a ₹90-crore contract to provide logistics services to a domestic cement manufacturing company. The contract spans three years, starting in the third quarter of fiscal year 2025. The agreement marks AVG Logistics’ expansion into the cement sector, a critical component of India’s construction and infrastructure industries. The company will […]
Ambuja Cements, a subsidiary of the Adani Group, has announced a binding agreement to acquire a 46.8% stake in Orient Cement Ltd (OCL) for an equity value of INR 8,100 crore. The acquisition will be fully funded through internal accruals, and the deal aims to accelerate Ambuja’s expansion plans to achieve a cement production capacity […]
Shree Cement’s Quality Control Laboratory at its Ras facility in Rajasthan has been accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL). The certification confirms the lab’s compliance with ISO/IEC 17025:2017 standards, which are recognized internationally for testing and calibration services. Neeraj Akhoury, Managing Director of Shree Cement, commented on the accreditation, […]