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With its 22.7% equity stake last month, UltraTech will now be a majority shareholder in India Cements, which has a stronghold in India’s southern states.

The seafood company solved its demand problem by aggressively buying global distributors. Now it has a financing problem that it can't solve without public money.
The country’s changing market dynamics are pushing consumer goods giants to acquire young startups. We look at why—and whether—it works for both sides.
The company’s Q2 results show a belated revival in fortunes, suggesting an aggressive growth path in an industry shaken up by Grasim. The latter is feeling the pressure for the first time ever since it launched its paints business in 2024.