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Sri Lanka asks cement traders to get govt approval for price hikesThe Sri Lankan government said Tuesday that any price increases of cement needs state approval as consumer inflation in the country rocketed past 19 per cent in November. Cement joins a list of f...News - 06 December 2006 |
Heidelberg may contest Sebi view on Mysore Cement offerThe Securities and Exchange Board of India (Sebi) insistence on including non-compete fees in Germany’s HeidelbergCement’s open offer for the minority shareholders of Mysore Cement could likely si...News - 06 December 2006 |
Heidelberg may have to up Mysore Cement offerMarket regulator Securities & Exchange Board of India will ask German cement maker Heidelberg Cement AG to increase its open offer price to shareholders of Mysore Cement Ltd by 25%, the Business ...News - 05 December 2006 |
India’s Sanghi plans cement foray in M’rashtraGujarat-based Sanghi Industries is drawing up plans to claim a pie of the Maharashtra cement market, The market will be catered through augmented capacity at its cement unit in Kutch, Gujarat. The...News - 05 December 2006 |
Upturn in market but will it last?Upturn in market but will it last? The market has been desperately waiting for a clear signal since mid-summer this year, and finally this week the Cape market took the driving seat in an upward...News - 04 December 2006 |
Heidelberg expands in IndiaGerman cement major, Heidelberg Cement, is strengthening its position in India. After buying a controlling stake in Mysore Cement in July, it has now acquired two grinding units in Kerala, accordi...News - 30 November 2006 |
HeidelbergCement and Holcim in the race for Indian cement coHeidelbergCement AG, which took a controlling stake in the Indian firm Mysore Cements four months ago, and the Swiss cement company Holcim Ltd are in seperate talks to pick up a 15-20 per cent sta...News - 17 November 2006 |
Shree Cement advances expansion deadlineIndia’s Shree Cement Ltd. has speeded up its expansion project and will complete it two years ahead of schedule to meet the widening demand-supply gap in northern India, a senior official said. ...News - 17 November 2006 |
Star Cement seals loan deal, UAEBahrain-based Star Cement, a part of the ETA/Star Group, has signed a $104m term loan facility agreement with a syndicate of banks led by the mandated lead arrangers Abu Dhabi Commercial Bank and ...News - 17 November 2006 |
Vicat eyes stake in MyHome CementFrench cement major, the Vicat Group, is close to acquiring a large stake in the Hyderabad-based unlisted company, MyHome Cement Industries, for about Rs 800 crore. MyHome, which has an annual ...News - 16 November 2006 |