Adani Group pips Tata Group in m-cap

The Adani Group, now the country’s biggest conglomerate by market capitalisation, Friday completed the acquisition of Ambuja Cements NSE -4.09 % and its listed subsidiary ACC NSE -1.16 % and committed more funds through a record preferential allotment of stock, demonstrating the intent to cement the group’s leadership credentials in India’s building-materials industry by 2030.

Adani Group to infuse Rs 20,000 crore into Ambuja Cements via preferential share allotment

Adani group overtakes Tatas to be India’s most valued conglomerate

Adani Group pips Tata Group in m-cap

Adani Group’s m-cap surges from Rs 2 lakh crore to Rs 20.74 lakh crore in less than 3 years, overtakes Tata as most valued group

Adani Group acquires Ambuja Cements and ACC: Report


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