India: Ramco Cements reports 28% rise in 3Q net profit
India’s Ramco Cements has reported a 28 per cent YoY increase in net profit to INR1.519bn (US$22.6m) in 3Q16. The company attributes the rise to a reduction in operating costs a...
India
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India: ACC reports 2.7% advance in net profit in 2016
The Indian LafargeHolcim subsidiary ACC Ltd reported a 2.7 per cent reduction in cement deliveries for 2016 to 22.99Mt, while in the 4Q16 the reduction was 9.1 per cent to 5.45m...
Pakistan: exports to Afghanistan decline
APCMA data revealed that domestic dispatches in January 2017 were 2.722Mt, while exports amounted to 0.376Mt, reflecting YoY growth of 0.78 and -2.71 per cent, respectively. Tot...
India: Dalmia Bharat and Shree Cement to battle for Binani Industries
Dalmia Bharat and Shree Cement are among at least three companies that have expressed interest in buying Binani Industries’ subsidiary Binani Cement's 6.25Mta cement manufacturi...
India: residents protest about Dawar Cement's NOC
Residents of Khrew in South Kashmir’s Pulwama district staged a protest on Monday in Srinagar, alleging that Dawar Cements has secured No Objection Certificate (NOC) for limesto...
India: Orient Cement reports loss of US$166.9m for 3Q ended 31 Dec
CK Birla group firm Orient Cement today reported narrowing of its net loss on standalone basis to INR11,210m (US$166.9m) for the third quarter ended on 31 December 2016. It had ...
India: five cement producers to appeal the CCI order
Five of the seven cement companies which were fined by the Competition Commission of India (CCI) in January, for alleged bid rigging of a 2012 tender put out by the Haryana gove...
India: Birla rebrands Reliance Perfect Cement
Since acquiring Reliance Cement Co, Birla Corporation Ltd has rebranded the Reliance Perfect Cement brand as MP Birla Perfect Cement and launched it in the central Indian market.
India: Grasim Industries' 3Q net profit rises 14 per cent
Grasim Industries reported a net profit of INR728,200m for the December quarter,
India: labourers at Teriyklam cement seek payment
Teriyklam cement factory has been accused by a Member of the Legislative Assembly (MLA) of not paying 42 labourers their wages for the past few months, from three villages of Od...