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OCL to set up plant in Maoist area of West BengalA cement company has stepped into the Maoist-dominated zone where mainstream parties and most big league industrialists fear to tread. OCL India Ltd (formerly Orissa Cement) of the Dalmia group p...News - 13 September 2010 |
Competition panel to probe price cartel in cement, IndiaThe Competition Commission of India is set to investigate increase in prices of cement by the manufacturers and is also looking into whether a cartel is at work in determining the prices. In a re...News - 13 September 2010 |
Lafarge loses environmental clearance for planned plantA planned cement project in Himachal Pradesh, India promoted by Lafarge, has lost its environmental clearance, after the National Environment Appellate Authority ruled that the project threatened ...News - 13 September 2010 |
Emkay uncertain about sustainability of price hike, IndiaCement stocks surged by about 5-15% in yesterday’s trade following news flow of price hike in the Southern region. In a knee-jerk reaction, cement manufacturers in south have intimated dealers tha...News - 10 September 2010 |
Societe General reduces Holcim’s price targetA "hold" rating by Societe Generale lowered today the share price target on Holcim to CHF70 from CHF80 and affirmed the "hold" recommendation. Societe Generalemeans that a company’s shares are e...News - 10 September 2010 |
Southern India prices seen risingIndian cement companies Tuesday raised prices by an average INR30 per 50kg bag in the country’s southern region, a person familiar with the matter said. "The hike is largely to bring parity with ...News - 08 September 2010 |
Bangladesh: calls for improved export environmentCement companies in Bangladesh have urged the government to develop the infrastructure and increase the ability to increase exports to India and other SAARC countries. "Bangladesh has a target to...News - 07 September 2010 |
Promoters up stake in Binani CementThe promoters of Binani Cement have invested Rs130 crore for buying back 1.45 crore shares at Rs90 per share to increase their stake to 69.9 per cent from 64.9 per cent. The company has communicat...News - 07 September 2010 |
Andhra Cements allots shares, IndiaAndhra Cements Ltd said on Monday it has allotted 7 million shares to HDFC and IDFC on a preferential basis at 24 rupees each, a premium of nearly 26 per cent to Monday’s closing price. It allott...News - 07 September 2010 |
Shree Cement sees FY11 revenues flat, IndiaShree Cement Ltd expects FY11 revenues to remain flat and margins are likely to slip further as cement prices soften, Chairman HM Bangur said on Thursday. "Over the last few quarters margins have...News - 03 September 2010 |