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India’s core industries maintained solid momentum in July 2026 as iron ore production surged 29.5%, cement output climbed 13.1% and electricity generation rose 9%, helping the Index of Core Industries expand 5.4% year on year. Representative image.

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India Cements Capital (BSE: 511355) faces control shift in Rs 20cr deal

Three acquirers have agreed to buy the promoter’s 50.02% stake in India Cements Capital for ₹13.03 crore, triggering a ₹6.77 crore open offer for another 26%, but completion remains subject to Reserve Bank of India approval.

byPallavi Madhiraju

August 24, 2026

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