India: Orient Cement posts US$4.4m Q3 loss
Orient Cement has recorded a loss of INR294m (US$4.4m) for the quarter to the end of September 2016, CNBC’s Money Control reports. The loss stands in contrast to the same period...
Orient Cement
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India: Birla Group front runner to buy Bhillai stake
Orient Cement, part of the Birla Group, has emerged as the front-runner to buy out Jaiprakash Associates’ 74 per cent stake in Bhillai Jaypee Cement, the Economic Times reports....
India: cement volume growth
Volume growth in the Indian cement market increased by 12-18 per cent in the quarter ending March 2016 compared to the 4.7 per cent drop seen in the corresponding quarter last y...
Orient Cement commissions Karnataka plant, India
Orient Cement has commissioned and started commercial production of its new integrated greenfield cement plant Chittapur, Gulbarga district, Karnataka, with an installed capacit...
Dalmia plans merger of listed cement units
India-based Dalmia Group is considering merging its two listed cement units, OCL India and Dalmia Bharat, according to local press reports citing sources with knowledge in the m...
Orient in strategic talks to acquire 2Mta plant
Orient Cement is in talks with three companies to acquire a cement plant as part of plans to triple capacity by 2020, a senior company executive has said. Deepak Ketrapal, manag...
Senior appointments at Orient Cement, India
Orient Cement’s board of directors has appointed Rahul Deshmukh as chief operating officer at a meeting held on 7 August 2014. Meanwhile, Sushil Gupta has been named chief finan...
Orient inks project finance for greenfield plant
Khaitan & Co has advised Orient Cement on loan facilities worth US$200m from a syndicate of lenders led by State Bank of India.
Orient Cement receives environmental clearance for new plant, India
Orient Cement has received environmental clearance for its 3Mta greenfield plant in Chittapur in Gulbarga district, Karnataka, India. The plant is expected to be ready by the en...