financetom
Business
financetom
/
Business
/
Newsletter | UltraTech Cement is interested in Kesoram's cement assets; Uttarkashi tunnel rescue live updates & more
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Newsletter | UltraTech Cement is interested in Kesoram's cement assets; Uttarkashi tunnel rescue live updates & more
Nov 24, 2023 3:19 AM

Here's a rundown of 11 significant news stories to keep you in the know:

Share Market Live

NSE

#LatestNews⚡

India's largest cement manufacturer is interested in Kesoram's cement assets

UltraTech Cement Ltd., India's largest cement company has expressed interest in acquiring the cement assets of Kesoram Industries Ltd., people with direct knowledge of the matter told CNBC-TV18.

The sources also said that UltraTech is currently conducting due diligence at Kesoram Industries.

UltraTech is currently exploring both the options - either buying out the stake of Kesoram's existing promoters or an acquisition of the Kesoram's cement business, the sources said.

Uttarkashi tunnel rescue LIVE: Hope to rescue workers by today evening, says former advisor to PMO

Uttarkashi tunnel rescue LIVE: Pipe laying through the rubble to prepare an escape route for workers trapped at the Silkyara tunnel remained stalled on Friday morning with the platform on which the drilling machine stands being stabilised by shotcreting, an official said. Boring through the rubble was put on hold again on Thursday apparently after cracks appeared in the platform on which the drilling machine rests, in a fresh hurdle to the rescue of 41 workers trapped inside for 12 days.

Here are the live updates

#TechTalks

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Acacia Research Q3 revenue more than doubles
Acacia Research Q3 revenue more than doubles
Nov 5, 2025
Overview * Acacia Q3 revenue up 155% yr/yr to $59.4 mln, driven by Manufacturing Operations * Company reports GAAP net loss of $2.7 mln for Q3 2025 * Adjusted EPS for Q3 2025 was $(0.01) Outlook * Company plans to leverage strong cash position for growth opportunities * Acacia cites macroeconomic uncertainty as a factor in its outlook * Company...
Emerson Electric Fiscal Q4 Adjusted Earnings, Net Sales Rise; Fiscal Q1, 2026 Outlook Issued
Emerson Electric Fiscal Q4 Adjusted Earnings, Net Sales Rise; Fiscal Q1, 2026 Outlook Issued
Nov 5, 2025
07:14 AM EST, 11/05/2025 (MT Newswires) -- Emerson Electric ( EMR ) reported fiscal Q4 adjusted earnings Wednesday of $1.62 per diluted share, up from $1.48 a year earlier. Analysts polled by FactSet expected $1.62. Net sales for the quarter ended Sept. 30 were $4.86 billion, compared with $4.62 billion a year earlier. Analysts surveyed by FactSet expected $4.90 billion....
Hotel REIT Chatham Lodging Q3 RevPAR declines 2.5%
Hotel REIT Chatham Lodging Q3 RevPAR declines 2.5%
Nov 5, 2025
Overview * Chatham Lodging ( CLDT ) Q3 RevPAR declines 2.5% yr/yr to $151 * Adjusted EBITDA for Q3 falls by $4 mln to $26 mln * Company executes new $500 mln credit facility, upsized from $400 mln Outlook * Chatham expects Q4 2025 RevPAR to be $128-$130 * Company forecasts full-year 2025 RevPAR of $140-$141 * Chatham projects Q4...
NYT Q3 adjusted EPS beats estimates on strong digital subscription growth
NYT Q3 adjusted EPS beats estimates on strong digital subscription growth
Nov 5, 2025
Overview * NYT Q3 adjusted EPS beats estimates, driven by strong digital subscription growth * Adjusted operating profit for Q3 up 26.1%, exceeds analyst expectations * Company repurchased 482,833 shares for $27.3 mln, indicating financial confidence Outlook * Company did not provide specific guidance for future quarters Result Drivers * DIGITAL SUBSCRIPTIONS - Co added about 460,000 net digital-only subscribers,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved