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Infrastructure growth rate doubles nine per cent in India

Buoyed by the impressive performance of the cement, electricity, petroleum refinery and crude sectors, infrastructure growth doubled to 9 per cent in April 2004 from 4.5 per cent a year ago. T...
News - 26 May 2004

Andhra’s mini-cement plants

Mini-cement plants in Andhra Pradesh, India recorded a growth of 14.23 per cent in despatches during the financial year 2003-04. The despatches inclusive of supplies to other states were 1.958Mt d...
News - 14 May 2004

L&T cement business demerger

Larsen and Toubro said a formal scheme for demerging its cement business would come into effect from Friday 14th May 2004. Under the proposal, L&T would separate its 16.5Mt cement division into a ...
News - 14 May 2004

ACC sees volume growth

India’s top cement maker Associated Cement Companies Ltd expects volume growth in the year to March 2005 to top an industry average of eight per cent, a senior official said on Wednesday.  Ashok J...
News - 13 May 2004

Shiva Cement’s search for partner

For the second time in four years that the Rourkela-based Shiva Cement Ltd, India, has failed to find a strategic partner despite several attempts made by its merchant banker.  In August 2003, the...
News - 13 May 2004

Lafarge sees more China opportunities

Lafarge wants to invest more in China and thinks Beijing’s efforts to cool the booming industry could allow it to buy more factories, a company executive said on Tuesday.  The French-based firm ha...
News - 11 May 2004

More than just a holiday romance

A serious, academic-minded executive who’d never lived outside his native Vienna, Martin Kriegner had just turned 40 when Lafarge offered him a posting in Mumbai. To help him make up his mind, the...
News - 10 May 2004

Bargarh Cement India

Bargarh Cement (formerly Idcol Cement), ACC¹s recently acquired subsidiary, has generated Rs 64 crore revenues and a profit of around Rs 2.6 crore after its takeover. ACC had taken over the plant ...
News - 10 May 2004

ACC bullish on India

Indian cement major ACC is bullish on the growth prospects of the industry. It expects the industry “ to see higher growth in the year (april 2004-March 2005) due to increased emphasis on infrastr...
News - 06 May 2004

Gujarat Ambuja looking for acquisitions

Gujarat Ambuja Cements will be scouring its own territories in the North and West regions of India for acquisitions, according to local reports. "Our penetration is deep in Gujarat, Maharashtra, P...
News - 04 May 2004