Ten bidders chase LafargeHolcim Indian assets
The sale of LafargeHolcim's Indian operations has attracted considerable interest, with the company having received bids from 10 groups interested in buying the assets. Accordin...
Ramco Cements
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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...
Ramco boosted by cost control, stable pricing
India-based Ramco Cements reported a 274 per cent rise in 4QFY14-15 net profit to INR934.2m (US$14.6m) on better cost management and stable cement prices.
India: CCI closes case against 11 cement companies
The Competition Commission of India (CCI) has closed a case of alleged cartelisation among cement companies for lack of evidence. An anonymous reference had alleged that the cem...
India: Ramco Cements to improve limestone quarrying efficiency
Ramco Cements has commissioned two limestone beneficiation plants to improve efficiency in cement production and extend the life of its limestone quarries. The 200tph beneficiat...