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Markets still point downwards

The wind of optimism is no longer blowing in dry bulk shipping these days. While on one side China progressively unchains its custom control on some raw materials, the government is tightening its...
News - 06 June 2005

Indian shipments rise

Associated Cement Companies Ltd, India’s second-biggest cement maker, said its May shipments rose eight  per cent from a year ago to 1.52Mt. The Bombay-based company said production totalled 1.57M...
News - 03 June 2005

Award for Shree Cement, India

Shree Cement Ltd has received the TERI corporate award for environment excellence & corporate social responsibility award for 2003-04. It received this award jointly with Tata International Ltd.    
News - 03 June 2005

Indian cement consumption up this year

Cement consumption in India recorded a 6 per cent increase during 2004-05 over the previous fiscal year. Cement consumption growth in Chhattisgarh stood at an impressive 45 per cent, followed by B...
News - 01 June 2005

Sebi seeks legal opinion on open offer

The Indian Securities and Exchange Board of India (Sebi) has sought legal opinion from its legal department over the issue of clearance of open offer of Accurate Finstock Pvt Ltd (acquirer) and Ada...
News - 31 May 2005

Ambuja Cement Eastern: reject

Shareholders of Ambuja Cement Eastern can reject the open offer made by the Holcim and Ambuja Cement India, which is now owned by Holcim and Gujarat Ambuja Cement. Brokers recommendation is predic...
News - 31 May 2005

Workers killed in roof collapse

At least 12 people, including five women, were crushed to death and 20 injured when an under-construction roof, crumbled this afternoon in a cement factory in Dalmiapuram in neighbouring Perambalu...
News - 31 May 2005

Adani’s plan to take over Everest hits hurdle

The proposed takeover of Everest Industries (EIL), a subsidiary of ACC, by the Adani group has hit a roadblock. ACC is likely to appoint a merchant banker for selling EIL for greater transparency....
News - 20 May 2005

New directors for Ambuja Cement Eastern

Ambuja Cement Eastern Ltd has appointed three new additional directors on its board, following the recent majority acquisition into its holding company Ambuja Cement India Ltd by Holcim.  The new d...
News - 19 May 2005

Qatar National will sell 2Mt in 2005

As Qatar’s construction sector still faces supply problems, Qatar’s top cement producer Qatar National Cement Co (QNCC) intends to make available some 2Mt of cement in the local market this year. ...
News - 17 May 2005