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Merger likely between ACC and Ambuja Cements

In a lucrative cement sector which is seeing a positive growth year after year, majors ACC and Ambuja Cements are looking for a merger. If it goes through, the combined entity would be worth Rs.80,000 crores. The Ultra tech cement of Aditya Birla Group leads the fray which has the market capitalisation of Rs.1.14 Lakh crores. The Board of Directors ... Read More »

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