Indian Subcontinent

978 posts · Page 23 of 98

Crown Cement to buy land for expansion

Crown Cement to buy land for expansion

Crown Cement Plc, one of Bangladesh’s top cement producers, has approved the purchase of 1.34ha of land in West Mukterpur, Munshiganj , spending about BDT13.8bn (US$11.7m) inclu...

Punjab govt approves Chakwal plant

Punjab govt approves Chakwal plant

The Punjab government has approved setting up a new cement plant in Chakwal, Pakistan, in what has been descibed as a milestone for industrial growth in the area. The Cabinet St...

Vedanta top bidder for debt-ridden JAL

Vedanta top bidder for debt-ridden JAL

Vedanta Group has emerged as the top bidder for debt-laden Jaiprakash Associates Ltd ( JAL ), offering INR125.1bn (US$1.5bn) in a challenge auction held on 5 September. The bid ...

Confidence Cement to divest Dhaka subsidiary

Confidence Cement to divest Dhaka subsidiary

Confidence Cement has announced plans to sell its entire stake in its Dhaka-based subsidiary, Confidence Cement Dhaka Ltd, to its sister company, Confidence Power Holdings Ltd, ...

India's GST reduced to ease construction costs

India's GST reduced to ease construction costs

The government has reduced the GST on cement from 28 to 18 per cent, effectively reducing the cost of one of the key building material inputs. It is expected that the step will ...

Rate cuts put pressure on Indian cement industry

Rate cuts put pressure on Indian cement industry

India’s Goods and Services Tax (GST) Council, the federal body that decides indirect tax rates, has cut the levy on cement from 28 per cent to 18 per cent under the new GST 2.0 ...

Bangur Concrete opens new concrete plant

Bangur Concrete opens new concrete plant

The new plant has a production capacity of 60m3/h and will address the region's need for high-performance and sustainable concrete. Similar to Bangor Concrete's other 20 RMC pla...