India

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Indian prices seen declining

Indian prices seen declining

Cement prices in July have declined in most Indian states. A drop has been recorded in Andhra Pradesh where a 50kg bag of cement was down by about INR20-25, meanwhile in Hyderab...

Life Insurance Corp trims stake in ACC, India

Life Insurance Corp trims stake in ACC, India

State-run Life Insurance Corporation (LIC) has sold 2.68 per cent stake in cement maker ACC for INR187.75 crore through open market operations. LIC had 10.51% stake (or 18.77 cr...

Malabar Cements seeks thermal coal supply, India

Malabar Cements seeks thermal coal supply, India

Malabar Cements Ltd. is seeking to buy 12,000t of thermal coal, according to a document on its website.The state-owned cement maker based in Kerala is seeking coal with 5,500kca...

Cochin port attracts import investments, India

Cochin port attracts import investments, India

Cochin port is emerging as a major cement import hub with Malabar Cements expressing interest in setting up a 1Mta facility and Zuari Cements finalising a 30-year deal with the ...

JK Cement reports YoY gains, India

JK Cement reports YoY gains, India

JK Cement reported a healthy growth in earnings on the back of both higher volumes and realisations in the first quarter of the current fiscal. In the June 2012 quarter, the com...

Indian cement prices ease

Indian cement prices ease

Indian cement prices have started to ease over the past two weeks, declining by an average of two per cent, according to reports in the Business Standard of India. Markets had b...