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CRH and Dalmia expected to bid for Jaiprakash assetsCRH and India's Dalmia Cement are likely to submit separate bids next month for the cement business of Indian infrastructure builder Jaiprakash Associates, two sources with direct knowledge told R...News - 04 February 2016 |
Lafarge not to proceed with US$765.8m Indian deal, Birla saysLafarge's Indian unit has scrapped an agreement to sell two of its cement units to Birla Corp, the latter said in an exchange filing. On Tuesday Birla Corp said in a notice to the Bombay Stock...News - 03 February 2016 |
India: Shree Cements reports 10% rise in quarterly net profitShree Cements reported a 10 per cent rise in standalone net profit at INR10.286bn (US$0.151m) for the quarter ended 31 December 2015 compared to a profit of INR9.368bn a year earlier, it said in a...News - 03 February 2016 |
Uptick in Indian demand expected from next fiscalCement demand in India is likely to see an uptick in the next financial year starting 1 April on expected pick-up in construction and housing activity as well as improvement in rural demand, says ...News - 02 February 2016 |
India: Birla Corp reportedly front-runner for Reliance assetsBirla 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 formall...News - 01 February 2016 |
JK Cement halts production from Bagalkot unit, IndiaJK Cement Works, in Bagalkot in Karnataka, has stopped production due to the damage caused by the roof of the clinker silo suddenly caving in, the company told the exchanges yesterday. To ensure ...News - 28 January 2016 |
Efforts to revive CCI unit underway, IndiaThe state government of Hyderabad on Monday appointed a consultancy firm to prepare a draft DPR (Detailed Project Report) in an effort to revive the Cement Corporation of India's (CCI) factory in ...News - 27 January 2016 |
Jaiprakash reportedly receives four bids for cement businessJaypee group-promoted Jaiprakash Associates has received four bids for the 20Mta of cement capacity that it has put up for sale to reduce its debt burden. A report in the Business Standard of In...News - 27 January 2016 |
UltraTech CementUltraTech Cement has reported a seven per cent increase in domestic cement sales in the quarter ending 31 December 2015. Cement sales for the period stood at 11.26Mt, which, despite cement prices ...Corporate - 26 January 2016 |
Sagar reportedly in talks to buy Jaypee's Andhra CementsSagar Cements is in advanced talks to acquire Andhra Cements from the Jaypee Group, the Economic Times (ET) of India has learnt from two sources. JSW Cement is another potential contender, accordi...News - 19 January 2016 |