Adani Enterprises replaces Shree Cement in Nifty50 on NSE
Adani Enterprises is to be included in the headline index Nifty50 on the National Stock Exchange of India (NSE) from 30 September 2022, replacing Shree Cement . According to The...
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UltraTech commissions 1.3Mta Dalla expansion
UltraTech Cement Ltd announced the commissioning of the 1.3Mta expansion to its Dalla Cement Works in Uttar Pradesh, India. As a result, the plant’s cement capacity is now 1.8Mt...
Grasim Industries announces US$392m capex
India’s Grasim Industries, part of the Aditya Birla Group , is planning capex of INR31,170m (US$391.9m) in its existing lines of business this fiscal year, primarily for the cre...
RCC Cements Ltd appoints company secretary and compliance officer
India’s RCC Cements Ltd has appointed Shimpy Goyal as company secretary and compliance officer, effective from 25 August 2022. Ms Goyal succeeds Ms Bhawna Arora who resigned fro...
Adani orders Gebr Pfeiffer mill and classifier
Adani , Gujarat, will supply the market in western India with high-quality cement from a Pfeiffer MVR mill through its subsidiary Adani Cement Industries Ltd. A grinding plant f...
Gujarat Sidhee Cement reports revenue fall
Gujarat Sidhee Cement Ltd (GSCL) has recorded total income of INR1.89bn (US$23.69m) in the quarter ended 30 June 2022, compared to INR2.04bn in the quarter ended 31 March 2022. ...
Shiva Cement turnover down 88%
India’s Shiva Cement has reported turnover for FY2021-22 of INR34.65m (US$433,491), down 88 per cent YoY, primarily due to the suspension of plant operations on the back of ongo...
Indian cement's fuel strategy alters
While the Ukraine-Russian war rages on, the impact on fuel prices can clearly be seen across the globe. Indian cement manufacturers are having to reconsider their strategies for...
JK Cement sees 33% increase in revenue
India’s JK Cement has reported revenue from operations of INR21,664m (US$271.5m) in the quarter ended 30 June 2022. This compares to INR16,336m in the same period a year earlier...
UltraTech Cement announces fresh capex plans
UltraTech Cement 's chairman, Kumar Mangalam Birla, addressed shareholders at the company's 22 nd Annual General Meeting (AGM) stating that the company’s Board of Directors appr...