India: power advantage for Madras Cements
Analysts predict that Madras Cements Ltd should record 9-10 per cent volume growth through FY14 and FY15 on the back of power generation projects, additional capacity and a grad...
Madras Cements
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Petron wins new order from Madras Cements, India
Petron Engineering Construction has received an order from Madras Cements a proposed grinding unit at Anakapalli Visakhapatnam. “The order is for mechanical, electrical and inst...
Madras Cement net profit rises 25%, India
Madras Cements Ltd said on Thursday it earned a net profit of INR123.01 crore for the quarter ended June 2012 as against INR98.30 crore it earned in the corresponding quarter la...
Madras Cements boosts grinding and power generation capacity
India-based producer Madras Cements is currently in the process of increasing grinding capacity at two of its cement works while two power generation projects are set to become ...
Indian producers issued with record fine on price fixing
Eleven Indian cement producers have been issued a total fine of INR60bn (US$1.1bn) for price fixing, the highest ever fine issued by the country’s antitrust authority in its thr...
Reliance MF hikes stake in Madras Cements, India
Reliance Mutual Fund has increased its stake in India-based producer Madras Cements to just over five per cent with the acquisition of 90,000 shares. With this acquisition on 14...