The Adani Group has increased its stake in Ambuja Cements by 3.6%, bringing it to 70.3%, through the conversion of warrants into equity. The Adani family, promoters, fully subscribed to the warrants program by injecting Rs 8,339 crore out of the total Rs 20,000 crore. The additional investment will fortify the company’s financial position, providing it with enhanced capabilities to pursue its ambitious growth plans and capitalize on emerging market opportunities.
Wall Street Week Ahead:Investors to pore over inflation data for signals on rate trajectory
Investors await crucial inflation data next week which may decide the Fed’s interest rate move. The S&P 500 index is nearing its record high while
September 5, 2026