India

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UltraTech Cement

India and the UAE have announced plans to create a multi-billion dollar fund to invest in India’s infrastructure sector. The fund, which plans to raise up to US$75bn, will be fo...

JSW Group resumes plans for Bengal plant, India

JSW Group resumes plans for Bengal plant, India

The JSW Group has proposed to build a 2.5Mta slag-based cement plant in Salboni, Bengal. Should everything proceed as planned, the Mumbai-based conglomerate may start the projec...

India Cements reports low demand in 2Q15

India Cements reports low demand in 2Q15

South India's largest cement maker by volume, The India Cements Ltd, on Wednesday said its profits for the quarter ended June 2015 were INR4010m (US$617.2m) from a loss of INR29...

Ambuja cement 2Q15 profit declines 45%

Ambuja cement 2Q15 profit declines 45%

Ambuja Cements Ltd reported a 45 per cent drop in net profit for the quarter ended June on account of a lower operating profit and a INR220m (US$3.4m) depreciation charge. The c...