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HYDERABAD: Climate-tech company Sow & Reap Chara Pvt Ltd and Sagar Cements Limited have signed a 10-year offtake agreement to deploy integrated biochar and gasification units at Sagar Cements’ Mattampally plant in Telangana, aiming to decarbonise the energy-intensive calcination stage of cement manufacturing and support the company’s net-zero emissions reduction target by 2030.Under the project,…
Goldman Sachs initiated its coverage of PhysicsWallah with a neutral rating and a target price of Rs 135. Analysts said the company is one of India’s largest edtech platforms, with a broadly equal mix of revenues from online and offline segments. They forecast a 24% compounded annual growth rate (CAGR) of revenue for FY25-FY30 (vs…
Ambuja Cements has moved to consolidate the Adani Group’s cement assets by approving schemes to merge ACC and Orient Cement into itself, creating a single listed platform aimed at sharper operating leverage and cost synergies.The transaction is entirely share-based, with no cash payout. ACC shareholders will receive 328 Ambuja shares of face value Rs 2…
Eight core infrastructure industries recorded a modest expansion in November 2025, with overall output rising 1.8% year-on-year, supported by strong growth in cement, steel, fertilisers and coal, official data released by the Ministry of Commerce & Industry showed.The combined Index of Eight Core Industries (ICI), which accounts for 40.27% of the Index of Industrial Production…
UltraTech Cement on Saturday said it has received a demand notice of Rs 782.2 crore from GST authorities and plans to challenge the order before the appropriate forum, according to PTI.In a regulatory filing, the Aditya Birla Group company said it is reviewing the order and considering all legal options. “The Company is reviewing the…
New Rules Make It Must For 282 Units To Reduce Emissions NEW DELHI: India’s all traditionally high-emission industries, including aluminum, cement and pulp & paper, will have to reduce the intensity of their greenhouse gas (GHG) emissions to meet specific targets by 2026-27 compared to a 2023-24 baseline as the govt has notified rules for…
Sai Sudharsan will have one final chance to cement his place in India’s Test side as the second match against West Indies starts tomorrow at the Arun Jaitley Stadium in Delhi. Batting at No. 3, a position of huge responsibility, Sai has shown glimpses of promise but needs to deliver consistent performances to secure his…
