Ambuja Cements, controlled by Gautam Adani, is set to acquire a 47% stake in Orient Cement from Chandra Kant Birla for Rs 3,791 crore. This move, along with an open offer for an additional 26% stake, aims to challenge UltraTech Cement's industry dominance and increase Ambuja's cement capacity to 97 million tonnes.from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/v3ofdI9
