Cement News tagged under: Birla Corp Ltd
India: cement prices to hold up thanks to merger deals06 April 2016, Published under Cement NewsIndia's stock researcher Livemint is forecasting that mergers like that between JP Associates Ltd and UltraTech Cement Ltd and also Birla Corp Ltd and Reliance Infrastructure Ltd will rationalise ownership to support cement prices. Meanwhile, with government projects gaining traction in areas like state metros, highways, low-cost housing and dedicated freight corridors, besides irrigation and water supply, demand and consequently cement dispatches are likely to improve from the fourth quar... |
India: Birla Corp reportedly front-runner for Reliance assets01 February 2016, Published under Cement NewsBirla Corp Ltd is set to buy the cement assets of Reliance Infrastructure Ltd with the deal set to be sealed within the next few days, according to local media reports. “It will be signed formally in the coming days,” said one of the two people cited above. “Even though discussions took nearly a month’s time to finalise, other contenders weren’t really considered for the sale,” LiveMint reported sources familiar with the matter as saying. Birla Corp’s bid for Reliance Cement Co Pvt Ltd’s a... |
Birla Corp to establish new plant in Madhya Pradesh, India24 July 2013, Published under Cement NewsBirla Corp Ltd is planning to set up a new 2Mta cement plant in Madhya Pradesh, India. A source told local press that the company will spend INR25bn over the next three years to set up the new unit. The company will fund majority of the capital expenditure through internal accruals, the source added. Birla Corp currently has cement operations in Satna, Madhya Pradesh, Rae Bareli in Uttar Pradesh, Chanderia in Rajasthan and Durgapur in West Bengal. |
Page
1
of
1
1