Sanghi Industries 2QFY13 sales up 26%
Sanghi Industries reported a 26 per cent rise in turnover for the second quarter of the year ended 31 December to INR286.3 crore. According to reports in the Business Standard o...
India
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Binani Industries plans to sell 40% stake in cement arm, India
Binani Industries in talks to sell up to a 40 per cent stake in its subsidiary Binani Cement to raise capital to cut debt and expand cement capacities. The company is said to be...
CMA calls for a reduction in excise duty, India
Ahead of the government’s forthcoming Budget, the Cement Manufacturers Association of India has called for a reduction in the current excise duty on cement to bring it more in l...
HeidelbergCement India increases cement capacity to 6Mta
HeidelbergCement confirmed yesterday that it has successfully completed the expansion of its clinker and cement grinding capacity in Central India. The plants are located in Dam...
India: JK Lakshmi hit by slower demand, higher costs
JK Lakshmi has reported subdued performance for the third quarter of the current fiscal year due to high freight costs and flat growth in dispatches.
India Cements looks to construct new line in Rajasthan
India Cements is studying the possibility of expanding capacity in Rajasthan to cater for growing demand in the neighbouring states of Gujarat and Madhya Pradesh.
Temasek Holdings in line for Lafarge India stake?
Temasek Holdings is reportedly among those shortlisted by Lafarge as a potential buyer for a minority stake in its Indian arm. Lafarge India plans to sell a 20-30 per cent stake...
Railway projects arouse interest from Indian cement producers
With Indian railways showing a renewed focus on private partnerships, Jindal, Adani and a consortium of cement companies (UltraTech, Prism and Madras Cement) have been linked to...
Shiva Cement's wins Sedimentation & Water Management award
Shiva Cement's Khatkurbahal Limestone Mines has been awarded first prize in Sedimentation & Water Management for FY12-13 under the aegis of the Indian Bureau of Mines. Shiva Cem...
HeidelbergCement to set up waste heat recovery power generation plant
HeidelbergCement India has received an approval for setting up waste heat recovery power plant at its cement plant in Narsingarh, Damoh district, Madhya Pradesh.