India Cements approves scheme of amalgamation
India Cement has informed the Bombay Stock Exchange that its board of directors has approved a scheme of amalgamation of its subsidiaries Trinetra Cement (TCL) and Trishul Concr...
India Cements
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South Indian cement makers start exports to Myanmar
It has been locally reported that Chettinad Cements, The India Cements, Dalmia Cements and Ramco Cements have started shipping cement to Myanmar in the past few months.
India Cements gets MoE go-ahead to double capacity
India Cement has received the go-ahead by an appraisal committee under the Ministry of Environment (MoE) to double its cement capacity and set up a 40MW power plant at its Dalav...
India Cements explores export opportunities
India Cements is looking at the possibility of resuming exports in a bid to improve capacity utilisation and benefit from the falling rupee, N Srinivasan, Vice-Chairman and Mana...
Andhra Pradesh orders plant closure, India
The Andhra Pradesh Pollution Control Board (APPCB) has ordered the closure of India Cements Ltd factory at Yerraguntla for non-compliance of regulatory standards, resulting in t...
India Cements unit is ordered to close
The Pollution Control Board (PCB) has ordered the closure of India Cements Ltd's Yerraguntla plant and initiated action against four more cement factories in Kadapa district, fo...
India Cements reports fifth consecutive quarterly drop in net profit
India Cement has reported its fifth consecutive quarterly drop due to forex losses and a lower pricing environment. Net profit for the first quarter of the current fiscal declin...
Squeeze tightens on Indian cement
Muted volume growth and continuing cost pressures have put a further squeeze on the earnings of Indian cement companies with a disappointing 15 per cent YoY fall in EBITDA/t in ...
India Cements to restructure non-core assets
India Cements has said it will restructure its non-core assets, enabling the company to focus on core areas of its business and increase profitability.
India Cement's net profit hit by rising production and transportation costs
Rising production costs and subdued demand in the southern markets has resulted in India Cements reporting a 31 per cent decline in FY13 net profit. Net profits (consolidated) f...