Highlights of Business Today 18th August 2024 issue:

The Narendra Modi-led NDA government has a sharp focus on infrastructure creation, and cement is a sector that is now being keenly watched. The sector, which was fragmented even a few years ago, has gained momentum. Kumar Mangalam Birla-led UltraTech Cement and Gautam Adani’s Adani Group’s acquisition of Ambuja and ACC in a $10.5-billion deal have paved the way for cement to be one of the industries that would play a key part in building the India of tomorrow. The chase for increased cement capacity is leading to a wave of buyouts by both sides and consolidation in the sector. Additionally, there is a deep dive into the fine print of the Union Budget 2024-25, in which the government announced a major push for employment and skilling by way of employment-linked incentive (ELI) schemes, and support for MSMEs and the middle class. All this and more in the latest issue of BT. On stands now.