UltraTech seen posting 8% YoY net profit rise
UltraTech Cement is expected to post an 8% YoY rise in net profit for the first quarter of fiscal year 2012-13 (FY12-13) on the back of better sales realisation and a low base e...
India
2,876 posts · Page 276 of 288
Assam cement producers cut prices, India
Cement producers in the northeastern Indian state of Assam have cut prices by 7-8 per cent per bag, according to reports in the Economic Times of India. The newspaper writes tha...
Coal India threatens to cut supplies to four UltraTech Cement power plants
Coal India has threatened to cut supplies to four of UltraTech Cement’s captive power plants located in the Indian states of Rajasthan, Chhattisgarh and Madhya Pradesh. DNA Indi...
Madras Cements boosts grinding and power generation capacity
India-based producer Madras Cements is currently in the process of increasing grinding capacity at two of its cement works while two power generation projects are set to become ...
Shriram aims to raise Jayajothi Cements’ utilisation
Indian engineering company Shriram EPC, which earlier this year acquired a majority stake in Sree Jayajothi Cements, plans to raise the cement plant’s capacity utilisation to 10...
Pakistan cuts Indian cement export prices
Pakistan cement producers have cut export prices for India by 13 per cent due to currency movements.
Holcim: June '12
Holcim's two main Indian subsidiaries, Ambuja Cements and ACC Limited, have been fined at total of approximately EUR325m, or INR2301 crores, by the Honourable Competition Commis...
Pakistan’s full-year domestic dispatches rise 8.84%
Pakistan has closed fiscal year 2011-12 (FY11-12) with an 8.84 per cent YoY rise in local dispatches, however exports for the year have seen their third successive year of decli...
L&T files for arbitration proceedings against Zuari Cement, India
Engineering and construction company Larsen & Toubro (L&T) has filed for arbitration proceedings against Zuari Cement, a fully-owned subsidiary of Italcementi, to claim INR188.5...
Brazil competition authority approves Camargo purchase of Cimpor
Brazil’s competition authority CADE has approved Camargo Correa’s purchase of a controlling stake in Portuguese cement producer Cimpor, subject to several conditions.