India: UltraTech receives state pollution control board OK for Nagpur
UltraTech Cement Ltd has received approval by the Maharashtra Pollution Control Board to build a 2Mta grinding facility at Nagpur in Maharashtra, India.
India
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Bharathi Cement wins Asia's 2015-16 most promising brand award
Bharathi Cement Corporation Pvt Ltd, a Hyderabad-based cement producer and member of the Vicat-France Group, has been adjudged as the “Asia’s most promising brand Award for 2015...
India: cement prices to hold up thanks to merger deals
India's stock researcher Livemint is forecasting that mergers like that between JP Associates Ltd and UltraTech Cement Ltd and also Birla Corp Ltd and Reliance Infrastructure Lt...
Deadline nears for LafargeHolcim India assets bids
Advisors to the sale of LafargeHolcim's 11Mta Indian cement production capacity say that they expect to receive seven to eight bids before next week's deadline.
Indian cement prices rise 1% in March
Indian cement prices rose MoM in March to INR290-295 (US$4.37-4.44)/bag as demand led by construction activity in north and central India improved slightly, acording to Cogencis...
Sanghi exits corporate debt restructuring
India's Sanghi Industries announced it had exited from the corporate debt restructuring (CDR) mechanism and repaid its INR2.56bn debt as well as raised funding via non-convertib...
India: UltraTech confirms US$2.4bn purchase of Jaypee assets
UltraTech Cement has reached a definitive agreement in its deal to buy 21.2Mta of production capacity from Jaiprakash Associates (JAL) at a cost of INR159bn (US$2.4bn). India's ...
OCL invests in West Bengal's first solar power plant
OCL India, part of the Dalmia Bharat Group, has inaugurated West Bengal’s first and largest solar power plant. The 5.5MW photovoltaic plant will deliver power to its grinding un...
India: UltraTech purchase of 22.4Mta capacity set to be announced
UltraTech Cement, already India's largest cement producer, is expected to confirm its purchase of Jaiprakash Associates' cement business.
India: railway holds talks with cement industry
Ravindra Gupta, general manager of South Central Railway (SCR), met with the domestic cement industry to assure them of all possible help from the railways to improve the moveme...