Jet fuel prices at all-time high with 5.3% hike
NEW DELHI: Jet fuel prices on Monday were hiked by a steep 5.3 per cent – the tenth straight increase this year — to an all-time high, in line with a surge in global energy prices. The price of aviation turbine fuel (ATF) — the fuel that helps aeroplanes fly — was hiked by Rs […]
Adani to acquire Holcim India assets for $10.5 billion
NEW DELHI: Asia’s richest man Gautam Adani’s group on Sunday said it had clinched a deal to acquire a controlling stake in Holcim Limited’s businesses in India for $10.5 billion, marking the ports-to-energy conglomerate’s entry into the cement sector. The Adani Group will acquire 63.1 per cent of Ambuja Cements Limited along with related assets. […]