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Open offer for EverestThe open offer for Everest Industries Ltd by Accurate Finstock Pvt Ltd and Adani Port Infrastructure Ltd for 20 per cent of its voting equity share capital will be at Rs 147 a share of face value ...News - 16 February 2005 |
Good times for the Indian cement sectorThe good times are here for the cement sector. There is already a strong surge in demand, coupled with robust prices - and the industry expects finance minister P Chidambaram’s budget to provide t...News - 16 February 2005 |
Demand for cement in the southern states risingDemand for cement in the southern states of Tamil Nadu and Andhra Pradesh has increased sharply in the last two months on the back of higher offtake of the construction sector. The growth in deman...News - 16 February 2005 |
Holcim deal encourages Italcementi to expand in IndiaThe proposed Holcim acquisition of ACC has increased the appetite of other global majors in the Indian cement sector. Italcementi, world’s fifth largest cement producer is on the prowl in India. ...News - 15 February 2005 |
India’s north east under attackIndia’s North Eastern Council (NEC), in its magazine called, New Hopes, New Opportunities, has a section on industry. This chapter, with the name Limestone and Coal: Untapped Resources So Far, say...News - 15 February 2005 |
India may be under pressure to cut emissions post-KyotoThe world’s second-most populous nation, whose economy has been growing at a frenetic pace, creating a huge middle class, and spiralling demand for electricity and factories to feed export growth ...News - 14 February 2005 |
Cement on firm footing as housing demand soars, IndiaThe India cement sector has registered 11% surge in sales last month, thanks to robust housing demand across most markets. Industry sales shot up to 11.3Mt, up from 10.1Mt a year ago. Total ...News - 09 February 2005 |
Guj Ambuja hungry for more, looks for big buysDespite teaming up with the world’s second largest cement producer, Holcim, Gujarat Ambuja Cements (GACL) is in no mood to slow down its expansion plans. The country’s fourth largest cement ...News - 08 February 2005 |
Votorantim and Camargo Correa on the acquisition trailThe Brazilian industrial group Votorantim, owned by the family Erminio de Moraes, is betting on new acquisitions after taking over new assets in Brazil, North America and Peru in 2004 with R$4bn i...News - 07 February 2005 |
Cement majors post higher shipments, IndiaMajor cement companies in India have recorded higher sales in Jan 2005. The Ambuja group has recorded a growth of eight per cent at 12.57 lakh tonnes. The group has recorded a growth of five per c...News - 07 February 2005 |