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UltraTech announces entry into wires, cables biz with Rs 1,800 cr capex

UltraTech Cement: The company aims for an internal rate of return of approximately 25% and a return on capital employed exceeding 20% in its cables and wires business.

The India wires and cables market size was valued at USD 9.32 billion in 2024. The market is projected to grow from USD 10.01 billion in 2025 to USD 17.08 billion by 2032.

Started the business at 20 when his father died and built an 8000 CR empire. 1. At 20, Anil Gupta had to join his father's (Dayanand Gupta) stainless steel wires business, Krishna Electrical Industries (KEI), with no business experience. The company

"Adani Group Loses ₹2.2 Lakh Crore in Market Cap as Stocks Drop 20% Amid US Bribery Allegations" "Adani Enterprises Leads Market Crash with 22.6% Drop; Adani Energy Solutions and Adani Green Energy Follow Suit" Adani Group's listed companies experi

Tata with Apple , JSW With MG , Adani With Qualcomm and now Reliance With Tesla and BlackRock 😎🚀. Here Capitalism rocks📈, big players are collaborating and dominate the market. But after every 30 years new players come and dominate 💯♥️.. no ma

📉📈 Market Today Billionaire businessman Gautam Adani has increased his stake Adani Enterprises Ltd from the open market during the April-June quarter, a statement to stock exchanges stated on Friday. ➡️ These open market purchases were made by e

The Aditya Birla Group has achieved a market valuation of $100 billion. The group's portfolio includes UltraTech Cement, Grasim, Hindalco, Aditya Birla Capital, Aditya Birla Sun Life AMC, Vodafone Idea, Aditya Birla Fashion & Retail, TCNS Clothing,

Tesla has officially begun hiring in India, indicating its imminent entry into the market.

NOSTALGIC! Market share of all the telecom players as of 2016