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Crisis team flies to Andalas

Reports that a crisis management team from Lafarge’s Paris headquarters has flown out to Indonesia to assist at the Andalas facility in Indonesia’s Aceh province on Suma...
News - 29 December 2004

Victims lose it all, for companies it’s business as usual

The death toll continue to rise and reams are being written about the enormity of the tragedy that struck parts of South India on Sunday. However, the economic impact of the tragedy doesn’t seem t...
News - 28 December 2004

Prism Cement up on takeover buzz

  Rumours of a possible sell out to foreign cement major Lafarge saw the stock of India’s Prism Cement touch new highs on the bourses on Friday. Brokers attribute the large volumes and the fact th...
News - 27 December 2004

India Cements Board OKs bond issue

The board of India Cements Ltd has approved a fund raising through various instruments including convertible debentures and equity warrants, the company said Friday.   In a filing with the Bombay S...
News - 24 December 2004

India Shree Cement expects improvements

Shree Cement Ltd, a mid-sized Indian cement maker, expects strong demand and rising construction activity to boost revenue by 15 per cent in the current fiscal year, a senior company executive sai...
News - 24 December 2004

Cement exports slip as companies battle

Despite robust international prices on the back of a construction boom in the Middle East, cement exports from India, which saw a major surge in the recent months, have begun to slip for the first...
News - 23 December 2004

North India likely to face cement scarcity in 2005 North India likely to face cement scarcity in 2005

After a situation of oversupply, the gap between demand and supply of cement is closing in. Northern India is particularly likely to witness some shortage in the coming months. Gujarat Ambuja Ceme...
News - 23 December 2004

Marginal fall in infrastructure growth, India

There has been a marginal decline in infrastructure sector growth in November this year as compared to the same month last year. The overall growth rate came down by one per cent to reach the leve...
News - 23 December 2004

Holcim set to start cement export to Tripura

Holcim (Bangladesh) Limited is all set to begin cement export to the eastern Indian state of Tripura this week. Holcim, Bangladesh has achieved Bureau of Indian Standards (BIS) Certificate, the fi...
News - 21 December 2004

Shree Cement expects good run in North India

Cement prices are expected to firm up in the coming months, on the back of nearly 8%-9% growth in demand. Rajasthan-based Shree Cement is confident of achieving a good growth in both its top and b...
News - 14 December 2004