The billionaire Adani family is planning to sell around 3 per cent of their stake in India’s second-largest cement firm Ambuja Cements to raise up to $500 million (Rs 4,197 crore) via block deals on Friday, as per the terms of the transaction. The family currently owns 70.33 per cent stake in Ambuja Cements, which they acquired from Swiss materials firm Holcim in May…
in Economy
Adani family to sell around 3% stake in Ambuja Cements on Friday
