India: five cement producers to appeal the CCI order
Five of the seven cement companies which were fined by the Competition Commission of India (CCI) in January, for alleged bid rigging of a 2012 tender put out by the Haryana gove...
Jk Cement
92 posts · Page 8 of 10
India: Seven cement firms fined for bid-rigging
The Competition Commission of India (CCI) has imposed fines totalling more than INR2bn (US$30m) on seven cement firms it found guilty of colluding in their responses to a 2012 t...
India: JK Cement net profits climbs 182%
On a stand-alone basis, JK Cement’s net profit was reported at INR410m (US$6.14m) for the July-September quarter, a 182 per cent increase from the INR145.4m net profit recorded ...
India: production halts at JK Cement Muddapur plant
JK Cement have announced that its 3Mta plant in Muddapur, Baglakot, India, has temporarily ceased operations. The clinker silo roof unexpectedly caved in, causing steel structur...
Indian cement producers to appeal CCI fines
LafargeHolcim, India Cements and Ramco Cements have said that they will appeal against yesterday’s ruling by the Competition Commission of India (CCI) which levied fines totalli...
Competition Commission of India imposes US$944m fine for cartelisation
The Competition Commission of India (CCI) has levied a fine of INR63.2bn (US$944m) on 10 cement companies whom it accuses of conspiring to fix prices in contravention of competi...
JK Cement: white cement demand growing?
According to JK White Cement executives, white cement has witnessed an increase in demand over the past few years. In a statement the company said, "In the modern construction w...
India: JK Cement quarterly results
Compared to its performance in the corresponding quarter last year, JK Cement Ltd reported significant growth in both net profit and net sales. The company reported a standalone...
India: JK Cement annual profits down 35.3%
The Times of India reports that JK Cement’s standalone net profit for 2015-16 was down 35.3 per cent on the previous year to INR1.015bn (US$15.1m). Quarterly profits for the per...
India: Cement stocks rise as demand recovers
Indian cement manufacturers are set to continue the strong performance which has seen their stocks outperform the BSE Sensex by a factor of ten over the past month. In this peri...