Jhanwar Cements UltraTech’s Dominance
Spate of acquisitions and organic expansion make UltraTech the top cement company in the country.
Spate of acquisitions and organic expansion make UltraTech the top cement company in the country.
There were a total 143 domestic M&A deals, with the largest deal touching $4.5 billion.
The development comes after the online gaming company, in January this year, raised ₹760 crore through preferential allotment.
The company will acquire 100% stake in Unison Enviro, the city gas distribution arm of Ashoka Buildcon, for ₹531 crore.
Merger deals in the financial year 2021-22 hit the lowest level in 8 years.
Info Edge (India) CEO Oberoi says the company has focused on innovation, diversification and acquisitions to achieve scale in the digital world.
Be it to monetise assets or acquire new technology, Reliance Industries is more than willing to work with new partners across businesses.