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Cement demand FY22 could surpass 340 mn tonne; highest in a decade: Icra

Sustained rural housing demand and significant pick-up in infra activity seen as key drivers

Adani Ports invests Rs 2,800 cr to up stake in Krishnapatnam Port to 100%

Acquires balance 25% Vishwasamudra Holdings' stake

99.99% RIL shareholders cast votes in favour of O2C biz demerger

The demerger scheme provides for transfer of O2C Undertaking from RIL to transferee firm on a slump-sale basis for a lumpsum consideration

Container vessels to India will lose time window due to Suez traffic

Some bunching at Chennai and JNPT, bulk and liquid vessels to be less impacted

Global prices to prop domestic steel despite near-term demand taper: Icra

Contraction in domestic steel consumption has been much lower at 9.9% in 11M FY2021 compared to a 19.6% drop during 8M FY2021 on the back of a sharp pullback in demand during December 2020 and January

Adani Ports to acquire controlling stake in Gangavaram Port for Rs 3,604 cr

Early this month, the company announced the acquisition of Warburg Pincus's 31.5 per cent stake in GPL for Rs 1,954 crore

Saudi Aramco hints talks are on with RIL for O2C business: Morgan Stanley

Recently, Reliance Industries announced carving out of the O2C business as a separate subsidiary to support strategic partnerships

India Ratings gives logistics stable outlook in FY22, sees demand growing

Agency estimates 8 per cent year-on-year improvement in volumes for Indian ports in FY22.

Adani Ports to acquire 31.5% in Gangavaram Port for Rs 1,954 crore

Acquisition expands APSEZ's market share to 30 percent across 12 locations in India. The acquisition is subject to regulatory approvals

Adani Enterprises becomes third group firm to hit Rs 1-trn market cap

Shares touched 52-week high of Rs 944.75 before closing 5.28% up on BSE

Bajaj Electricals, Mahindra Logistics ink Rs 1,000 crore outsourcing deal

Involves end-to-end redesign of Bajaj Electricals' logistics by Mahindra, with the twin aim of achieving enhanced and industry-best service levels, and cost saving of over 25%

$31 billion lined up for 400 port projects across 7,500-km coastline: PM

PM Modi says govt is keen to promote use of renewable energy in maritime sector, is on course to install solar and wind-based power systems at all major ports

Metals to crude oil: Consumers face the brunt of commodities price surge

Durables makers hike prices to offset input costs

Domestic can manufacturers face quality restrictions amid pandemic woes

With govt looking to impose quality control orders on imported can components, manufacturers may have to shut shop as costs will hit the roof amid supply shortage

Gati-KWE to set up 150,000 sq ft surface transhipment centre in Delhi

The facility has been conceptualised to achieve economy of scale and provide unparalleled customer service

Fuel price hike could see 50,000 small truckers going out of business

Industry players say vehicle supply is already higher than needed, so when fleet owners prune sizes, single-owners who supply them their trucks will be hit hard

Ambuja Cements consolidated net rises 24% to Rs 732 cr in December quarter

'Margin expanded by 410 bps during the quarter and 480 basis points for the full year backed by strong performance in price, volume and costs,' says CEO

Adani Ports completes acquisition of Dighi Port Ltd for Rs 705 crore

APSEZ to invest Rs 10,000 crore to develop facility into multi-cargo port

ACC Ready Mix launches low-carbon range of eco-friendly concrete products

Launched in Mumbai and Hyderabad, ECOPact range will be rolled out across India in a phased manner in the next few weeks

Domestic iron ore supplies may take time to ease

JSW Steel, AM/NS hold the key to iron ore supply woes