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Burnpur Cement shares list at 25% premium, India

The shares of Burnpur Cement Ltd listed at Rs 15 on Thursday, up 25 per cent from its issue price of Rs 12. Its shares were trading at Rs 25 at 09.56 a.m., on the NSE after touching a high of Rs 3...
News - 03 January 2008

Cement export to Tanzania PSQCA refuses certification

Pakistan Standards and Quality Control Authority (PSQCA) has refused certification of Lucky Cement Ltd’s ordinary portland cement exported to Tanzania. It has further informed Tanzania Bureau of S...
News - 02 January 2008

Marginal increase in cement prices likely, India

Cement prices may see a marginal hike next year despite input costs going up, say industry executives and analysts. This is because of new capacities coming on stream and also government’s unwill...
News - 02 January 2008

Indian cement prices to remain firm

Cement prices will continue to remain on the higher side due to rising production cost. Refusing to take a call on future price trends, Mr Sumit Banerjee, Managing Director, ACC Ltd, said “the inp...
News - 30 December 2007

Pakistan exports on the increase

After remaining a traditional supplier of cement to Afghanistan Pakistan is gearing up its export sales. Shortage of cement in India and strong demand from North African countries, including Yemen...
News - 30 December 2007

Cement cartels could influence Indian market

News that the Indian regulatory offices have finally ruled of an illegal cartel in the cement sector back in the early 1990s has prompted Indian economist Mr Mehta Secretary of the Jaipur-based Co...
News - 26 December 2007

India Cements in the spotlight

Leading foreign funds such as Fidelity, ABN Amro, HSBC, Nomura Asset Management Fund and Emerging Market Fund have together bought around 7.5% in India’s third-largest cement firm India Cements (...
News - 26 December 2007

S S Jain joins Ariyalur Project at Dalmia Cement

SS Jain has been appointed to head up the Ariyular Project at Dalmia Cement (Bharat) Ltd, Tamil Nadu. Mr. Jain comes with over 36 years in the cement industry. During this period he has implemente...
News - 26 December 2007

Indian price hike gains momentum

Higher input costs are likely to lead to a rise in cement prices throughout India. “A price increase appears be imminent as the coal and freight charges are set to go up very soon. Coal India has ...
News - 26 December 2007

Coal emerging as world’s preferred fuel

Coal is the world’s fastest-growing energy source as rising oil prices prompt users to switch fuels, the US Energy Information Administration said. Coal’s share of total world energy may climb to...
News - 24 December 2007