Billionaire Gautam Adani is folding his cement empire into one single entity, in what is seen as an attempt to streamline operations and take on market leader UltraTech Cement Ltd. in India’s rapidly consolidating infrastructure space. Post Ambuja Cements merger, Adani Ambuja and Adani ACC will continue to operate as independent brands. (Reuters) The board […]
CarTrade Technologies Ltd. on Tuesday said it is in talks to acquire CarDekho and BikeDekho in what can be seen as consolidation move. Vinay Sanghi, chief executive officer of CarTrade Technologies Ltd. (Livemint) The company has been in discussions with Girnar Software regarding a potential consolidation opportunity in the new and used automotive classifieds businesses […]
