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GNG Group forays into cement business, India

GNG Group, one of the leading business conglomerates dealing in international trading, mining and power projects in Eastern India, is foraying into the cement industry. Announcing the latest vent...
News - 26 November 2009

Birla Uttam Cement hits market, India

Mangalam Cement Ltd, a company owned by BK Birla Group of India, has started the sales and distribution of Birla Uttam Cement in Nepal. The company has appointed Rina Group as its exclusive autho...
News - 25 November 2009

Bharati Cements to expand dealer base

Bharati Cement Corp Ltd, promoted by Sakshi group, has introduced Bharati brand cement in Andhra Pradesh. The company has over 750 dealers and 1200 sub-dealers and is expanding its dealer network....
News - 24 November 2009

Holcim to severe ties with CMA, India

Holcim, has decided to severe ties with industry body, the Cement Manufacturers Association — seemingly to avoid backlash in Europe over cartelisation charges. Associated Cement Companies (ACC) a...
News - 24 November 2009

UltraTech Cement up 11 per cent in six days

UltraTech Cement rose 2.10 per cent to INR807.60 at 11:29 IST on BSE, extending gains for the sixth day in a row, after the boards of both UltraTech Cement and the unlisted Samruddhi Cement approv...
News - 23 November 2009

’Very complex’ merger cements Amarchand, Aditya Birla

Amarchand Mangaldas Mumbai has advised Aditya Birla Group in the series of mergers between Grasim Industries, Samruddhi Cements and UltraTech Cements, creating India’s largest and the world’s tent...
News - 20 November 2009

India: cement industry to get a big boost

India’s state government on Wednesday cleared the long-awaited concession policy for use of limestone by cement units. The move is likely to facilitate setting up of a number of cement plants. The...
News - 20 November 2009

Obajana accused over unfair labour practices, Nigeria

The National Union of Chemical, Footwear, Rubber, Leather and Non-Metallic Products Employees (NUCFRANMPE) has petitioned the Minister of Labour and Productivity, Prince Adetokunbo Kayode, over al...
News - 19 November 2009

Lower prices limit India Cements Jul-Sep net rise

South-based India Cements reported a net profit of INR1.37bn on the back of a 3.6% rise in net sales to INR9.89bn. The prices declined significantly in most of the south markets that were hit by ...
News - 19 November 2009

India’s capacity outlook to 2020: Minister of State for Industry

India, the world’s second largest producer of cement after China, will have an installed capacity of 300Mt by 2011-12 and double it up to 600Mt by 2020, government said today.   The country’s pres...
News - 18 November 2009