Indian Subcontinent

978 posts · Page 92 of 98

Penna Cement refiles for IPO

Penna Cement refiles for IPO

India’s Penna Cement Industries has refiled for its initial public offering to raise INR13bn (US$177.5m) through fresh equity shares while its promoters would raise INR2.5bn thr...

Birla Corp reports 27% net profit increase

Birla Corp reports 27% net profit increase

India’s Birla Corp has posted a net profit of INR2.49bn (US$33.87m) in the 4QFY20-21, up 27 per cent YoY from INR1.95bn, as cement sales advanced 24.5 per cent YoY to 4.17Mt. Re...

OPGC sends fly ash to Star Cement

OPGC sends fly ash to Star Cement

India-based Odisha Power Generation Corp (OPGC) has begun dispatching fly ash to Star Cement’s plant in Assam, with around 4000t sent from its thermal power station yesterday. O...

Sinoma to expand Lucky Cement's WHR capacity

Sinoma to expand Lucky Cement's WHR capacity

Pakistan’s Lucky Cement has signed an agreement with Sinoma Energy Conservation for the expansion of its two waste heat recovery (WHR) units in Pezu, Khyber Pakhtunkhwa. The cap...

Nuvoco Vistas set to file papers for INR50bn IPO

Nuvoco Vistas set to file papers for INR50bn IPO

India’s Nuvoco Vistas Corp is shortly expected to file preliminary papers with the Securities and Exchange Board of India to raise INR50bn (US$679.35m) through an initial public...

Zuari Cement cleared to resume operations

Zuari Cement cleared to resume operations

After being issued with a closure order by the Pollution Control Board last month, India’s Zuari Cement has filed a challenge to the Andhra Pradesh High Court. After hearing the...

Gallantt Industry orders ready2grind plant

Gallantt Industry orders ready2grind plant

Gallantt Industry has ordered the first ready2grind plant for the Indian subcontinent from Gebr Pfeiffer, which will be installed at its Gorakhpur factory in Uttar Pradesh, Indi...

Ambuja Cements has posted a 30% rise in net sales

Ambuja Cements has posted a 30% rise in net sales

India’s Ambuja Cements (LafargeHolcim) has posted a 29.7 per cent YoY rise in net sales to INR35.79bn (US$483.19m) for the January-March 2021 quarter, compared to INR27.6bn in t...