Search Results

Indian companies’ 2Q margins to improve

Cement consumption across India grew 14.6% during the July-August period driven by a strong growth in the northern and eastern regions, according to monthly data provided by the Cement Manufacture...
News - 12 October 2009

Dalmia relief housing for flood damaged Karnataka, India

As a relief measure Dalmia Cement has announced it will build 1000 houses for the homeless people affected by the recent floods in Karnataka. A letter in confirmation has been given to the Chief ...
News - 12 October 2009

Shree Cement enters power sector, India

Shree Cement on Thursday announced its foray into commercial power business and will invest Rs 1,200 crore in the next two years to set up a 300MW thermal power plant in Rajasthan. “We have decid...
News - 09 October 2009

Floods in AP, Karnataka hit cement market in South, India

Extensive flooding in Andhra Pradesh and Karnataka has thrown the cement market in the South out of gear for the immediate future but the recovery phase bodes well for the industry, say industry r...
News - 08 October 2009

Growth prospects for Pakistan industry bright – report

Growth prospects for Pakistan’s cement industry are bright, the Daily Times  reports, as cement demand is set to increase in importing countries like India, Gulf Cooperation Council (GCC) countrie...
News - 07 October 2009

Phase one of new Bharathi Cement plant commissioned, India

Part of the Sakshi group, Bharathi Cement Corp. Ltd has commissioned the first phase of its 5Mt cement plant in Kadapa district of Andhra Pradesh, making the company the newest entrant into an exp...
News - 06 October 2009

Dalmia Cement to set up plants in Karnataka, Rajasthan

Dalmia Cement, South India’s second largest cement maker, has raised over Rs 3,100 crore (US$660m) in debt through a consortium of bankers, which will be used to fund its expansion plans, accordin...
News - 06 October 2009

Govt threatens to cancel coal block allotted to Binani Cement

India’s coal ministry has served Binani Cement Ltd with a show-cause notice seeking reasons for a delay in developing mines allotted for captive use, the Press Trust of India reported Sunday, citi...
News - 05 October 2009

Capacity addition by cement companies make investors nervous

A report by the Economic Times of India says that cement stocks have underperformed the broader market in the past six months, on worries that the industry is heading towards excess cement stocks ...
News - 05 October 2009

Grasim Falls Most in 11 months as business removed

Grasim Industries Ltd., India’s third-biggest cement maker, fell the most in almost 11 months in Mumbai trading after saying its cement business will be transferred to a subsidiary, Samruddhi Ceme...
News - 05 October 2009