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Bestway Cement 1QFY16 turnover jumps 38%Pakistan's largest cement producer, Bestway Cement Ltd, announced financial results for first quarter from July to September 2015. Turnover on a consolidated basis jumped by 38 per cent from PKR...News - 11 November 2015 |
Italcementi’s North American and Bulgarian cement volumes ahead, but softer elsewhereItalcementi's turnover improved by 3.2 per cent to EUR3217m in the first nine months the year and the running EBITDA was 1.7 per cent ahead to EUR482.9m, while the trading profit eased by 0.4 per ...News - 10 November 2015 |
JSW Group to invest in port capabilities and cement capacityJSW Group plans to invest INR40bn (US$610m) to boost its port and cement capacity in the next two years. JSW Infrastructure Ltd, plans to almost double its ability to handle cargo at its ports to...News - 10 November 2015 |
India: Coal India contracts not discontinued in June 2016The fuel supply contracts of cement companies with Coal India will not be discontinued for auction, in contrast to earlier government announcements that all coal supply agreements between Coal Ind...News - 09 November 2015 |
India: Udaipur Cement Works sees 12.6 per cent YoY gain in Jul-Sep revenuesUdaipur Cement Works reported total revenues of INR214.9m (US$3.24m) , down 4.3 per cent QoQ, but up 12.6 per cent YoY. The company also recorded a net profit of INR15.6m for the quarter ended ...News - 09 November 2015 |
Plans to convert Binani Cement debt into equityLenders to India’s Binani Cement are planning to convert a total debt of INR30bn in the company to equity. The debt-to-equity conversion is being contemplated under the strategic debt restructu...News - 09 November 2015 |
UltraTech Cement included on the Indian Climate Disclosure Leadership IndexUltraTech Cement announced that it has been identified as an Indian leader for the quality of climate change-related information that it has disclosed to investors and the global marketplace throu...News - 05 November 2015 |
Kumar Mangalam Birla appointed as Vice Chairman of Century TextilesKumar Mangalam Birla, chairman of the US$40bn Aditya Birla Group, has been appointed as Vice Chairman of Century Textiles and Industries. KM Birla is grandson of 94-year-old BK Birla, chairman of ...News - 05 November 2015 |
Reliance Infrastructure to sell its cement business, IndiaReliance Infrastructure on Wednesday said it has decided to sell its cement manufacturing and road development businesses to focus on defence. "The 5.8Mta cement business and related assets will ...News - 05 November 2015 |
JK Cements reports 58% fall in 2Q net profitIndia-based JK Cements reported a 58 per cent fall in consolidated second-quarter net profit to US$2.09m. However, its total standalone income rose by five per cent to US$133m for the three mon...News - 04 November 2015 |