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India: Roongta Mines plans cement plant in OrissaIt is reported that iron ore mining firm Rungta Mines Limited, the flagship company of SR Rungta Group, has announced its plans to set up 1Mt cement plant in the Indian state of Orissa. The compan...News - 19 October 2009 |
India: Jaiprakash Associates: Invest for 1-2 yearsJaiprakash Associates Ltd (JAL) has come out with an attractive fixed deposit scheme this festival season. Investors with high risk-appetite and looking for debt avenues have an opportunity to loc...News - 19 October 2009 |
India: UltraTech Cement Q2 profit rises 53 per cent to INR251crAditya Birla Group company UltraTech Cement on Friday reported a profit after tax of INR251 crore (US$5.4m) for the second quarter of this fiscal, a rise of 53 per cent over that in the same perio...News - 19 October 2009 |
Delayed monsoon to benefit earnings, IndiaIndia’s top four cement companies - ACC, Ambuja Cements, Grasim and Ultratech Cement - are expected to report improved earnings on a YoY basis Past performance of cement stocks in the September 20...News - 15 October 2009 |
New cement plant in Rajasthan, IndiaMangalam Cement has announced the construction of a new 1.5Mta cement plant in Rajasthan. A coal power station will be erected in the immediate neighbourhood to guarantee the supply of energy. The...News - 15 October 2009 |
Birla to open knowledge park, Kerala, IndiaKumar Mangalam Birla-led Aditya Birla Group plans to invest over INR4,000 crore in future technologies by setting up a Knowledge Park and a branch of the Birla Institute of Technology and Sciences...News - 15 October 2009 |
Shree Cement receives innovation awardsShree Cement Limited, the largest cement manufacturer of North India and among top five cement manufacturers in the country, bagged the “Special Innovation Award” & the “CIO Ingenious 100” at the ...News - 14 October 2009 |
ACC of India seeks 200,000t of Richards Bay & Indonesian coalIndian cement producer ACC, formerly Associated Cement Companies, has come on to the market for 100,000t of Richards Bay and 100,000t of Indonesian thermal coal for prompt delivery, said an Indian...News - 13 October 2009 |
My Home to expand cement capacity, IndiaHome Industries (MHIL), a 50:50 joint venture with CRH plc of Ireland, is planning to increase its cement production capacity to 10Mt in the next three to four years from 4.7Mt, as part of its exp...News - 13 October 2009 |
JP Morgan maintains ’Overweight’ rating on Ultratech CementJP Morgan maintains the ’Overweight’ rating on Ultratech Cement with a revised target price of Rs 950. After the proposed restructuring, Ultratech is likely to emerge as India’s largest pure play ...News - 12 October 2009 |