Binani reportedly in talks to sell Rajasthan grinding unit
Binani Cement is in discussions to sell its 1.2Mta grinding unit at Neem Ka Thana, Rajasthan, to reduce debt. The company is looking for prospective buyers and is hoping to co...
Binani Cement
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India: local tax on coal mines to hit cement firms
India's coal ministry has tabled a proposal that cement, steel and sponge iron companies that have captive coal mines have an undue advantage, and this could be offset with a n...
Binani Cement appoints new MD
Binani Cement Ltd, part of the Braj Binani Group, has appointed Jotirmoy Ghose as its new managing director. “Jotirmoy’s vast expertise of global operations and new market...
India: Binani seeks power entry
Theh Binani group is planning to enter the power generation sector, mostly through acquisitions. The Indian company already has a presence in cement, zinc and glass fibre secto...
Binani Industries plans to sell 40% stake in cement arm, India
Binani Industries in talks to sell up to a 40 per cent stake in its subsidiary Binani Cement to raise capital to cut debt and expand cement capacities. The company is said t...
Binani Cement abandons Mauritius project
Indian cement maker Binani Cement has pulled the plug on its Mauritius project. A key issue cited by the company are the lack of area granted to the company by the Mauritius P...
Fitch migrates Binani Cement to non-monitored, India
Fitch Ratings has migrated India-based Binani Cement Limited's (BCL) National Long-Term 'Fitch A(ind)' rating with a Negative Outlook to the non-monitored category. This rating...