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Cement prices spurtThe price of cement in India increased by 9-9.5 per cent during Apr-Jan 2004-2005 compared to Apr-Jan 2003-3004 due to higher demand that was driven by infrastructure and housing boom, coupled with...News - 29 March 2005 |
Jaiprakash plans cement unit in north-eastJaiprakash Associates Ltd (JAL), the flagship company of the Jaiprakash group, is planning to set up an integrated cement unit in India’s north-east region. The move is part of a company strategy ...News - 24 March 2005 |
Hot and cold news influences marketsThe lack of business that started to weigh down the Cape market last week has kept on bearing on the figures this week. However the last two trading days have seen some fixtures and stems coming t...News - 23 March 2005 |
Sebi yet to clear Holcim offer for Ambuja EasternThe Securities and Exchange Board of India (Sebi) has not yet given its nod to Holcim’s open offer to the minority stakeholders of Ambuja Cement Eastern even as Holcim’s open offer for acquiring u...News - 22 March 2005 |
Votorantim’s plans for India uncoveredIndian cement companies have a new suitor, Votorantim Cimentos. Taking a cue from their Mexican cousin Cemex, Brazil’s largest cement maker is on a prowl in India. The target companies are learnt...News - 21 March 2005 |
Holcim offer for ACC may open on March 23Holcim’s open offer for Associated Cement Companies will be rescheduled to commence mid-week next, most likely on March 23. The offer has received clearance from the Securities and Exchange Board...News - 21 March 2005 |
Experts to look into Meghalaya cave rowExperts from the Indian Bureau of Mines (IBM), Nagpur arrived in the city today to investigate the controversy over the destruction of India’s longest cave, Krem Kotsati in Lumshnong, by cement fa...News - 21 March 2005 |
Sebi clears Holcim open offerThe Securities and Exchange Board of India today approved the Swiss giant Holcim’s open offer to bid for stake in Associated Cement Companies at the rate of Rs 370 per share. Holcim announced on 20...News - 18 March 2005 |
Open offer for Everest on holdAs a direct fall out of rescheduling of the Holdcem Cement Pvt Ltd (HCPL) open offer to shareholders of ACC and Ambuja Cement Eastern Ltd (ACEL), the offer for Everest India Ltd (EIL) has been put...News - 17 March 2005 |
Mixed signals in the dry bulk sectorContrary to last week where almost all dry bulk markets levelled off, freight rates evolution this week started to diverge. The Capes did not confirmed the positive outlook promised by the end of ...News - 16 March 2005 |