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India cement makers unlikely to cut prices – government officialIndian cement manufacturers are unlikely to respond to a government request that industry cut prices to cool inflation, a government official said Monday. "We have requested (cement companies)...News - 06 March 2007 |
Foreign investment in KZN on the riseForeign direct investment into KwaZulu-Natal is increasing exponentially, with more than R27 billion invested in South Africa’s second- largest economic hub between 2000 and 2005 alone, Finance MEC...News - 05 March 2007 |
FM warns cement firms on price hike, Indian a veiled warning to cement companies which have raised prices after the Budget, Finance Minister P Chidambaram today cautioned cement companies against acting as a cartel. The companies had ra...News - 05 March 2007 |
India cement prices harden by Rs 12 per bagRetail prices of cement have risen Rs12 per bag with effect from Thursday nullifying the finance minister’s move to curb prices by linking excise duty to a higher rate. Prices of cement hovered ar...News - 02 March 2007 |
India Finance Ministry: cement prices beyond "reasonable limit"India’s Finance Minister P. Chidambaram Thursday asked cement makers and other manufacturers for help in fighting inflation. "Cement prices have gone up beyond all reasonable limits...I would ...News - 01 March 2007 |
India Cements Board approves Visaka mergerIndia Cements today said its Board of Directors has decided to merge Visaka Cement Industry, an associate company with itself and has also approved a scheme of amalgamation wherein one equity shar...News - 01 March 2007 |
India’s Gujarat Ambuja Feb shipments up 9.7 per cent YoYGujarat Ambuja Cements Ltd. , India’s third-biggest cement maker, said its February shipments rose 9.7 per cent to 1.36Mt from a year earlier. Production rose to 1.37Mt from 1.21Mt a year ear...News - 01 March 2007 |
India Cements to issue 1 share for 5 held in VisakaIndia Cements Ltd. said on Wednesday its board approved the merger of its associate, Visaka Cement Industry Ltd., with itself. India Cements will issue one share for every five shares held in Vis...News - 28 February 2007 |
Holcim raises Ambuja Cements India holding to 78 per centHolcim Ltd confirmed it has raised its stake in Ambuja Cements India Ltd (ACIL) by another 11 per cent, bringing its total holding to 78 per cent. The Swiss cement maker is paying SwFr147m fo...News - 27 February 2007 |
Cement makers say current product prices justified, IndiaIn its endeavour to curb inflation, the government is proposing to raise the excise duty on cement by introducing a differential duty structure on the commodity. The excise duty on cement, curre...News - 27 February 2007 |