Adani group firm Ambuja merges Penna Cements, Sanghi Ind with itself
The New Indian Express Villupuram|December 18, 2024
AMBUJA Cements, the cement and building material company of Adani Group, announced the merger of Sanghi Industries (SIL) and Penna Cement Industries with itself.
ARSHAD KHAN @ New Delhi

Ambuja will issue 12 equity shares for every 100 equity shares of Sanghi Industries as recommended by the valuers and accepted by the Ambuja Board. In Penna Cement, it will pay equity shareholders, whose names are recorded in the register of members on the record date, "₹321.50 for every one fully paid-up equity share of ₹10 each," held in the transferor company.

Bu hikaye The New Indian Express Villupuram dergisinin December 18, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The New Indian Express Villupuram dergisinin December 18, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE NEW INDIAN EXPRESS VILLUPURAM DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
The New Indian Express Villupuram

Maha, Guj biggest beneficiaries of PLI scheme; eastern states fail to cash in

MAHARASHTRA has emerged as the biggest beneficiary of the Production-Linked Incentive (PLI) scheme, with 212 approved manufacturing units under the initiative.

time-read
1 min  |
March 19, 2025
The New Indian Express Villupuram

Peru in state of emergency as killings in public surge

PERU's president declared a state of emergency in the capital and ordered the deployment of soldiers to help police address a surge of violence, amid widespread outcry a day after the killing of a popular singer.

time-read
1 min  |
March 19, 2025
The New Indian Express Villupuram

Amidst heated debates, number of Avvaiyars brings laughter to House

The Assembly on Tuesday witnessed a brief debate on the number of Avvaiyars who have lived in the past in Tamil Nadu.

time-read
1 min  |
March 19, 2025
The New Indian Express Villupuram

Rare Earths: Indispensable to Modern Tech, A Geopolitical Quandary

Recently, Ukraine President Volodymyr Zelenskyy was in Washington to finalize a deal on rare earths with US President Donald Trump, which did not go according to plan.

time-read
2 dak  |
March 19, 2025
The New Indian Express Villupuram

B'desh Peeved Over Gabbard's Comment on Hindu Persecution

THE interim government of Professor Muhammad Yunus refuted US National Intelligence Director Tulsi Gabbard's remarks on the persecution of minority communities in Bangladesh saying her comments were 'not based on any evidence or specific allegations'.

time-read
1 min  |
March 19, 2025
The New Indian Express Villupuram

Uproar over Modi's Maha Kumbh remarks

PRIME Minister Modi on Tuesday hailed the recent Maha Kumbh in Prayagraj saying that it gave a befitting response to those who questioned India's collective strength to organise such a large congregation.

time-read
1 min  |
March 19, 2025
The New Indian Express Villupuram

Auroville Inaugurates Callisthenics Gym

The Auroville Foundation has inaugurated a callisthenics gym, opening the facility to Aurovillians, bio-region residents, and visitors.

time-read
1 min  |
March 19, 2025
The New Indian Express Villupuram

SL Navy arrests three more Rameswaram fishers

THE Sri Lankan Navy seized a mechanised fishing boat and arrested three Indian fishermen from Rameswaram for alleged violation of the International Maritime Boundary Line (IMBL) early on Tuesday.

time-read
1 min  |
March 19, 2025
The New Indian Express Villupuram

If parents not taken care of, deeds in kids' name can be cancelled: Court

Court gives TN power corpn 12 weeks time to complete process

time-read
3 dak  |
March 19, 2025
The New Indian Express Villupuram

A Democratic Country Must Not Function Like a Police State: SC

EXPRESSING dismay over the habit of trial courts and high courts denying bail even in minor cases despite completion of investigation, the Supreme Court said that the practice is unacceptable in a democratic country and that it creates unnecessary strain on the higher judiciary.

time-read
1 min  |
March 19, 2025