Adani Group enters into cement business; incorporates Adani Cement The Adani Group, which has a strong presence in the ports, airports, power, gas distribution, and other businesses, is all set to enter the cement sector in India. Adani Enterprises announced that it has incorporated a new wholly-owned subsidiary, Adani Cement, with an authorized share capital […]
The major cement companies of India have come under the scanner of the Competition Commision, for alleged cartelisation or anti-competitive behaviour. However, this is not the first time that such an investigation has taken place in the cement industry. Find out what cartelisation means, and how the listed cement companies could be in big trouble.