LH: potential merger of Indian operations on the cards?
Lafarge and Holcim may bring together their local Indian interests as part of the merger process between the two global cement majors, according to local press. The Economic Tim...
India
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India: Malabar Cements to resume Cherthala operations
Malabar Cements Limited (MCL) will resume operations at its Cherthala unit in the Indian state of Kerala, by the end of this month, having secured uninterrupted clinker supplies...
India Cements posts third-quarter net loss
India Cements Ltd posted a net loss for third quarter, compared with a profit a year ago, dragged down by muted cement sales in the south. hares surged as much as 13.84 Read mor...
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 comp...
ACC resumes Chaibasa mining operations, India
ACC has resumed limestone mining operations at the captive mines of its Chaibasa cement plant in Jharkhand in eastern India, the company informed the exchanges. The Holcim group...
Mangalam Cement gets grinding go-ahead
Mangalam Cement’s board of directors have approved the construction of a new grinding plant in the northern Indian state of Uttar Pradesh. The company informed the Bombay Stock ...
Wonder Cement to double capacity, India
India-based Wonder Cement, part of the RK Marble Group, plans to more than double capacity by year-end. The company, which operates a 3.35Mta cement works in Nimbahera, in the n...
ACC reports 19% rise in 4Q14 profit
ACC, India’s second-largest cement manufacturer, reported a 19 per cent jump in profit in the October-December quarter, driven mainly by a substantial tax reversal.
UltraTech Cement
Following its acquisition last month of two cement plants and related power assets from Jaiprakesh Associaties Ltd in Madhya Pradesh, UltraTech Cement Ltd has announced further ...
India Ratings reaffirms Long-Term Issuer Rating to HeidelbergCement India
Credit rating agency India Ratings and Research has reaffirmed Long-Term Issuer Rating of 'AA-' with stable outlook to the HeidelbergCement India. The rating indicates the high ...