Month: July 2024

NHAI has cracked the whip against non-compliance on quality standards on reinforcement steel bars (rebar) that are vital for highway construction across the country against 11 steel companies. According to notices from the authority, RodiDust discovered that NHAI sent show-cause notices between June 19 and June 21. These notices questioned the quality of TMT bars

To boost its coastal operations, Ambuja Cements under the Adani Group will merge with Adani Cementation, a division of Adani Enterprises. Once regulators and shareholders give the green light, Adani Cementation will become a wholly-owned subsidiary of Ambuja Cements. The merger is a share swap, where Adani Enterprises will get 8.7 million shares of Ambuja