New Delhi: Gautam Adani, the world's fourth richest person and Asia's richest person is continuously expanding his business. After hitting a tremendous entry in the cement sector, now Adani is preparing to increase its dominance in this sector. Under this, he is going to include another cement company in his portfolio, for which the round of talks is going on.  

Let us tell you that Gautam Adani is currently focusing his entire attention on the cement sector. After buying Ambuja Cements and ACC Cements, he is now eyeing another big company in this sector, JP Cement. According to Bloomberg, the Adani Group is in talks to buy the cement business of the now debt-hit Jaiprakash Power Ventures Ltd. This information has come out by quoting sources related to this matter. 

According to media reports, the Adani Group is preparing to do this deal for $606 million (over Rs 4,992 crore). Under this, discussions are on buying a cement grinding unit and other small assets. It said that Asia's richest person would do this acquisition through one of the recently acquired cement units. Although no official announcement has been made regarding this deal at the moment, but it is expected that the final stamp may be given soon. 

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