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Ultratech Cement shuts plants due to rains, IndiaUltratech Cement Ltd said it has stopped operations at its 0.70Mta grinding unit at Surat in India’s flood-hit western Gujarat state. "The company is assessing the losses, if any, as a result ...News - 10 August 2006 |
Higher returns improve cement sector fortunesWith cement prices climbing higher, the balance sheet of leading Indian cement companies are looking healthier than ever before, reports The business Standard. The cement industry is hoping that t...News - 09 August 2006 |
A steely resolve for the shipping sectorWith steel markets still showing no signs of easing and steel production in China alone likely to reach 424Mt by the end of this year. Some analysts already forecast another rise in prices for ...News - 08 August 2006 |
Cement gets a reality check from private equity investorsOne of the biggest beneficiaries of the present real estate boom in India seems to be the cement sector. This has led to a huge interest from private equity players in the sector. The sector, ...News - 07 August 2006 |
JK Cement to invest INR7.5bn in new plant, IndiaJK Cement Ltd. will invest more than INR7.5bn to set up its fourth plant in the southern Indian state of Karnataka to increase marketshare in the region, a senior official said. The company h...News - 03 August 2006 |
JK Cement powers aheadJK Cement Ltd, one of the leading cement players in India, has two plants at Nimbahera and Mangrol with an aggregate installed capacity of 4.0Mta and is one of the top five producers of grey cemen...News - 01 August 2006 |
Grasim 1Q improvements, IndiaIndia’s Grasim Industries Ltd said Saturday its fiscal first-quarter consolidated net profit rose 47 per cent as its cement and viscose staple fiber business grew. The company’s net profit in the ...News - 31 July 2006 |
Binani Cement to divest stake to Mauritius fund, IndiaIn a notice to stock exchanges, Binani Industries said that it had decided to divest 10.09 per cent in its subsidiary Binani Cements to Ganesha Prime Holdings (Mauritius), a subsidiary of Credit S...News - 31 July 2006 |
Heidelberg hungry for more in India?Hot on the heels of its Mysore Cement acquisition, German major HeidelbergCement is now planning to further increase its presence in India, a senior executive recently said, according to reports f...News - 28 July 2006 |
Madras Cements posts four-fold rise in net profit, IndiaMadras Cements Ltd has posted a net profit of Rs 78.85 crore for the quarter ended June 30, a 4.3 times jump over the Rs 18.06 crore reported in the corresponding period last year. Sales during th...News - 28 July 2006 |