Action against cement companies delayed, India
Action against the eight cement companies alleged of flouting the forest and environment norms in the Jaintia Hills district of Meghalya, India has been further delayed. Local p...
India
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Pakistan cement industry pin hopes on MFN status to India
Pakistan and India are likely to discuss the issue of Most Favoured Nation (MFN) during a visit this week by an India trade delegation, headed by its Commerce Minister Anand Sha...
JK Lakshmi Cement board OKs buyback of shares, India
JK Lakshmi Cement said its board of directors has approved the buyback offer of 13.5m equity shares at a price not exceeding INR70/share for a total consideration of up to INR97...
UltraTech Cement to take control of Star Cement?
UltraTech Cement is looking to purchase its partner’s stake in Star Cement to take full control of the Dubai-based cement producer, sources familiar with the deal have said, add...
India Cement’s quarterly advance, outlook cautious
India Cements saw its profit more than double in 3QFY11-12 to INR56.31m crore (US$11.5m) helped by an accounting change and a revival in demand in the key Andhra Pradesh market....
Chettinad Cement to enter Karnataka this year, India
Chettinad Cement will commission a 2.5Mta cement plant in North Karnataka in the current year and has finalised plans to expand into Andhra Pradesh, Business Line of India repor...
India Cements expected to see rise in sales and net profit
India Cements is expected to post net sales of around INR9.92bn compared to INR7.18bn a year ago due to higher sales and improved realisations. However, analysts are divided on ...
Shree Digvijay Cement Company appoints director, India
Shree Digvijay Cement Company has appointed Luis Miguel Da Ponte Alves Fernandes, Antonio Carlos Custodio Do Morais Varela, as additional directors of the company with effect fr...
Birla Corp to replace coal with CBM at Durgapur unit, India
India's Birla Corp said Friday that the company will use coal bed methane gas rather than coal for its Durgapur plant in the state of West Bengal. India Energy News reported tha...
Protests ensue over rising cement prices, India
Protests have taken place at Century Cement’s Chhattisgarh cement plant in India due to rising cement prices with threats of further demonstrations to be held at production site...