ACC Reports Strong Q4: Net Profit Soars 216%

Adani Group’s cement manufacturer, ACC, has witnessed a remarkable performance in the fourth quarter of FY24. The company’s net profit surged by an impressive 216% to reach 748.54 crore, marking a significant increase from the 236.57 crore recorded in the corresponding period of the previous year. Additionally, the company’s revenue from operations for Q4FY24 has witnessed a healthy growth of 12.67% to 5,398.11 crore, compared to 4,790.77 crore year-on-year (YoY).

Florida State, ACC Ordered into Mediation in Landmark Lawsuit

A Tallahassee judge has ordered Florida State University (FSU) and the Atlantic Coast Conference (ACC) to enter mediation in a high-profile lawsuit that could impact the league’s future. The case centers on FSU’s desire to leave the ACC and explore more lucrative options, such as the Big Ten Conference. The ACC has filed motions to dismiss, arguing that the case should be heard in Charlotte and that a confidential TV deal should remain private. FSU seeks to have the case heard in Tallahassee and the documents unsealed.

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