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Burnpur Cement IPO subscribed 15.19 timesThe initial public offer of Burnpur Cement Limited (BCL), one of the established cement manufacturers of Eastern India, has been subscribed 15.19 times. The company has received applications wor...News - 13 December 2007 |
Siam Cement sees 2007 cement sales down 5-6 per centSiam Cement , Thailand’s biggest cement maker, said on Tuesday its cement sales would fall 5-6 per cent this year as a slowing domestic economy hurt demand. "Our cement sales this year should...News - 12 December 2007 |
ACC in strategic tie-up with Development AlternativesIn a move to provide a thrust to construction and rural infrastructure in India, cement major ACC Ltd has entered into a strategic partnership with Development Alternatives, a Delhi-based private...News - 11 December 2007 |
Cement imports from Pakistan increaseAccording to traders, cement imports from Pakistan into India are on the rise having crossed the 100,000t mark since imports were allowed in September. Between October-November, the quantum of im...News - 10 December 2007 |
Cement factory workers threaten nationwide strikeCement factory workers today threatened to go on a nationwide strike on January 24 if manufacturers did not announce an adhoc payment of Rs 60,000 to employees in view of the huge profits being ma...News - 10 December 2007 |
India Shree Cement Nov shipments up 13 per cent YoYShree Cement Ltd said on Thursday its November shipments rose 13.12 per cent to 4.57Mt from 4.04Mt a year earlier. It’s total shipments between April to November 2007 rose 24.3 per cent to 3...News - 07 December 2007 |
India’s Holcim ups stake in Ambuja Cements to 46% for US$780mHolcim said it has increased its stake in Ambuja Cements by 13 per cent to 46 per cent for US$780m through an open offer. Holcim increased its stake in the domestic cement maker by 13 per cent si...News - 07 December 2007 |
India: 50-kg cement bag price up by Rs10The cement cartel has further increased ex-factory cement prices by Rs10 per 50-kg bag, pushing the prices to Rs228-230 after a rise of Rs 8-12 last week, it was learnt. Talking to The Nation ind...News - 06 December 2007 |
Cimpor acquisition Portuguese cement producer buys stake in Indian firmCimentos de Portugal said Tuesday it had signed a binding agreement with Grasim Industries to acquire a 53.64 per cent stake in Shree Digvijay Cement, a company listed in the Bombay Stock Exchange...News - 05 December 2007 |
India: cement scripts trail Sensex in returnsCement manufacturing companies are facing a tough time in the current quarter as cement prices move south, while the cost of power and coal move north. Apart from the increase in the cost of produ...News - 05 December 2007 |