India’s EAC gives UltraTech green light for Tamil Nadu works
UltraTech Cement has been given the go-ahead by the Expert Appraisal Committee (EAC) on its 5.5Mta cement works and a 75MW captive power plant in the Karur and Dindigul district...
India
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CCI approves UltraTech acquisition of Jaypee’s Gujarat assets
The Competition Commission of India (CCI) has given UltraTech Cement the green light to purchase Jaypee's cement facilities in Gujarat. The CCI order, released on Monday, said t...
Star Ferro to consolidate cement operations, India
Star Ferro and Cement Ltd plans to demerge its cement and ferro alloy divisions and consolidate its cement business under its subsidiary Cement Manufacturing Co Ltd, Sajjan Bhaj...
CCI clears JSW Steel acquisition of Heidelberg plant
The Competition Commission of India (CCI) has approved the acquisition of HeidelbergCement India's grinding facility at Raigad, Maharashtra, by JSW Steel. JSW Steel announced ba...
HeidelbergCement India likely to raise more funds
HeidelbergCement India’s board will meet to consider raising INR3.7bn (US$59.5m) by issuing non-convertible debentures (NCDs) on private placement basis. “... a meeting of the b...
India: Dalmia Cement plunders executives from Shree
Mahendra Singhi has joined the Dalmia group has its new managing director from rival Shree Cement where he had spent 19 years, with his last position being executive director.
UltraTech in talks for two plant projects
UltraTech Cement is planning to invest the construction of two cement plants in the northern Indian state of Uttarakhand.
HeidelbergCement India mulls bond placement
HeidelbergCement India's board is considering raising INR370 crore by issuing non-convertible debentures (NCDs) on private placement basis. In a filing to the Bombay Stock Excha...
Indian demand: signs of gradual pick-up
Indian cement demand is seeing gradual signs of recovery with an uptick in demand being witnessed in a number of states, a sector survey has revealed. Over the first three quart...
Industry appointments at Ambuja and ACC
The Holcim Group has appointed Bernard Trever has an additional director on the board of Ambuja Cements Ltd. Mr Trever has over 35 years of experience in the cement business and...