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JP Morgan building stakesLeading foreign private equity majors such as JP Morgan are interested in acquiring equity stakes in Indian cement companies. Foreign funds are reported to have evinced interest in domestic cement ...News - 07 November 2005 |
NTPC may export fly ash to Middle EastIndia’s National Power Thermal Corporation (NTPC) is exploring the possibility of exporting fly ash to the Middle East, an official disclosed. The disposal of fly ash is one of the main problems f...News - 07 November 2005 |
Activity levels downIn a market that lacks direction, the news coming from China is also playing on shipping players’ nerves. First the lobbying body of local steel makers, the CISA, announced that 48 producers "plan...News - 07 November 2005 |
Activity levels downIn a market that lacks direction, the news coming from China is also playing on shipping players’ nerves. First the lobbying body of local steel makers, the CISA, announced that 48 producers "plan...News - 03 November 2005 |
Indian cement firms raise prices in western regionIndia’s top cement makers have announced a price increase of 5 rupees per bag in Mumbai and neighbouring markets, dealers said on Wednesday. "Companies have intimated to us a 5 rupees hike ...News - 02 November 2005 |
OCL India: net profit climbsIn the first half of 2005-06, OCL net profit stood at Rs 22.19 lakh as against Rs 15.68 lakh while the turnover stood at Rs 320.26 crore as against Rs 265.59 crore during the same period last year,...News - 01 November 2005 |
JP Morgan to take 25 per cent in Binani CementJP MORGAN will acquire 25 per cent stake in Binani Cement Ltd, India as part of a debt and equity arrangement worth Rs 250 crore. The transaction will enable Binani Cement double its cement cap...News - 28 October 2005 |
Market declines in evidenceMore ships in the short term but more cargoes in the longer term. Rates have been dragged down this week by a list of prompt ships becoming longer than the number of stems to cover, particularly i...News - 26 October 2005 |
UltraTech Cement posts profit in Q2ULTRATECH Cement India has reported a net profit of Rs 8 lakh for the second quarter ended September 30. The company had reported a net loss of Rs 2.29 crore during the corresponding year-ago per...News - 24 October 2005 |
Indian cement pricesIndian cement prices are expected to rise this quarter by Rs 5-7 per bag, owing to better demand in both domestic and overseas markets. The average price of cement in India now is around Rs 155-16...News - 24 October 2005 |