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India Cements in fund-raising moveIndia Cements is raising nearly Rs 250 crore through a mix of instruments to foreign investors Asia Debt Recovery Company Ltd, ADM Maculus Fund LP and Sheen Pearl Investments. The funds will be ut...News - 10 January 2005 |
Cement industry expects to grow 8-9%With the continued focus on infrastructure development and a boom in construction witnessed in many parts of the country, the New Year is expected to see an increase in demand for cement. AK Jain,...News - 06 January 2005 |
Gujarat cement companies raise pricesIn what could possibly be one of the highest price increases in a single day, cement manufacturers have joined hands to hike cement prices in Gujarat by a whopping Rs500 per tonne, or Rs25 per bag...News - 05 January 2005 |
More Indian consolidation expectedYear 2005 is likely to witness a phase of consolidation in the cement industry. There are several small players in the country, both profitable and ailing, that could be on the acquisition radar. ...News - 05 January 2005 |
Shree Cement stock – good performanceThe Shree Cement stock has been among the best performing cement stocks in 2004, having gained around 70.3 per cent versus a 28.93 per cent rise for the industry leader Gujarat Ambuja Cement and a...News - 05 January 2005 |
Markets weaken over holiday periodThe level of business has been particularly low since our latest report 15 days ago. This slow mood has translated into lower rates with the Capes falling down under the $100,000 par day, Panamaxe...News - 05 January 2005 |
Lafarge unit plans capacity expansionLafarge Indian unit plans to spend INR4.50bn for a 2.5Mta capacity expansion at its plant in eastern Chhattisgarh state, reports the Economic Times. Lafarge will initially expand the plant’s capa...News - 04 January 2005 |
India Cements could bounce backDebt restructuring and the extraordinary demand generated from reconstruction of the tsunami-affected states of Tamil Nadu and Andhra Pradesh should result in better realisation for India Cements...News - 03 January 2005 |
Construction boom spurs India’s cement industryPropelled by a boom in construction sector, the Indian cement industry recorded a growth of over seven per cent even though a slump in prices was seen towards the end of 2004. Intense constructio...News - 30 December 2004 |
Tsunami likely to push up cement offtake in South IndiaIndian cement makers expect a small increase in the offtake of cement in Tamil Nadu, Kerala and the Andaman & Nicobar islands due to reconstruction efforts after the destruction caused by the tsun...News - 30 December 2004 |