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HeidelbergCement sees post monsoon price rise, India

Indian cement prices are expected to recover after the monsoon ends due to a likely pick-up in construction activity. Sales during the wet season have also been hit on account of rising input cost...
News - 08 September 2011

India’s Jaiprakash denies stake sale report

Jaiprakash Associates Ltd has not submitted a proposal to dilute up to 26 per cent of its cement business to its restructuring committee, a statement said on Wednesday, denying an earlier media re...
News - 08 September 2011

Jaiprakash in search of strategic partner?

Jaiprakash Associates (JPA), the Jaypee Group flagship, is exploring the option of obtaining a strategic partner for its cement business, the third largest in the country. According to three inde...
News - 07 September 2011

Lafarge considering R&D facility, India

Lafarge India is mulling over to set up a research and development (R&D) facility in India for developing solutions and products to suit the growing demand of ’green’ infrastructure and affordable...
News - 06 September 2011

Ambuja Cement signs new rail track pact, India

The Rajasthan State Industrial Development and Investment Corporation Ltd and Ambuja Cement Ltd on Saturday signed an MoU for a 7km railway track. The tracks will be laid and developed between R...
News - 05 September 2011

HeidelbergCement: India dispatches below target

Ashish Guha, CEO & MD of HeidelbergCement India, has said cement dispatches have been below target as he spoke to Bloomberg UTV on cement prices, despatches, rising input costs and demand-supply o...
News - 05 September 2011

Merrill Lynch Capital raises stake in Rain Commodities, India

Indian cement maker Rain Commodities has said Merrill Lynch Capital Markets Espana SA SV has increased its stake in the firm by 0.71 per cent to 5.12 per cent through open market transactions for ...
News - 02 September 2011

Jaiprakash August shipments rise 21% YoY

India’s Jaiprakash Associates said in a statement on Thursday its cement shipments in August rose 21 per cent from a year earlier to 1.32Mt. The engineering and construction firm, which also has ...
News - 01 September 2011

Rising input costs impact Punjab prices, India

Construction projects across Punjab are getting delayed or cancelled due to steep and steady rise in prices of input material like cement and shortage of skilled manpower, industry body Assocham s...
News - 01 September 2011

Ambuja Cements August shipments rise

Ambuja Cements Ltd , India’s No. 3 cement maker, said on Friday shipments in August rose 2.7 per cent from a year ago to 1.51Mt. The company, in which Holcim about 50.01 per cent, said productio...
News - 01 September 2011