The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation.

During the weekend while many of us were busy partying or maybe completing some unfinished household work, Adani Group was busy striking a deal! Holcim has signed a binding agreement for Adani Group to acquire its business in India, comprising a 63.11 per cent stake in Ambuja Cements, which owns a 50.05 per cent interest in ACC along with a 4.48 per cent direct stake in ACC.

Tax Queries by Jayesh Dadia, Chartered Accountant

Downturn in equity markets and the prospect of higher interest rates, along with rising inflation, coupled with China’s struggle to contain the pandemic and the ongoing Russia-Ukraine tussle have kept commodities under pressure

The company is all set to reap rich rewards considering the positive long-term outlook for the real estate and hospitality industry and the company’s relentless focus on innovation, quality services and better efficiencie