Concrete

Concrete Show India 2015

Published

10 years ago

March 31, 2015

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India?s infrastructure to see increased investment with new business opportunities for the concrete industry and the third Concrete Show India 2015 will be a right platform to gain from the emerging opportunities. Increased investments in infrastructure development is the focus of the present government and this segment has now captured the intense attention from top policy makers of the country. As India builds its infrastructure, use of concrete is steadily gaining pace as the most viable option to speed up construction. All of the infrastructure sectors present excellent opportunities, with roads and highways, bridges, ports and airports, railways and power standing out as particular bright spots, with staggering sums of investment planned in these core sectors. As new construction opportunities emerge, promising growth is expected for concrete and allied products manufacturing companies. Concrete Show India?s strong reputation is expected to be the platform for some noteworthy concrete products, equipment and technology introductions.

The third edition of Concrete Show India will be held on May 7-9, 2015, at the Bombay Exhibition Centre, in Mumbai. The event will showcase the best and newest technologies in machinery, equipment, commercial concrete products, services and systems from industry suppliers. Exhibitors from China, Greece, Hong Kong, Korea, Italy, Taiwan, Germany, Turkey and India have confirmed their participation. Senior professionals comprising a qualified audience from major infrastructure, equipment and end-user companies are expected to visit Concrete Show India 2015.

The conference
A conference with an overview of concrete industry and challenges ahead will deliberate and discuss the current topics such as: Concrete high rises?Future trends; Infrastructure projects in metropolitan cities; Latest technologies, solutions for concrete road design and construction; How to improve and maintain the quality of concrete; Sustainability as central to concrete construction; Role of advance concrete; and more.

Bridges India
The co-located event of Bridges India aims to bring together key project personnel with the objective of bridging the gaps in project execution, efficiency, and sustainability in the construction of bridge and to address various daunting engineering challenges. The conference will feature topics such as: Designing world-class bridges to transform the region?s landscape and development ambitions; Understanding and over-?coming the challenges of delivering mega-infrastructure projects, learning from advanced techniques and methodologies in bridge design and construction; and more.

With concrete at the heart of every construction project, India now represents an enormous opportunity for end-users of concrete and companies who are involved in building the nation?s infrastructure.

Why participate in Concrete Show India 2015

The only event dedicated to the concrete industry
Key sectors like Roads, Housing, Airports, Ports, Power, Rail, Dams and Bridges to be covered
Participation expected from all over the world
New products and technologies on display
Conference on latest trends in building infrastructure

Concrete

Ramco Cements employee wins silver at Japan Para Badminton

He partnered with Paralympian Sukanth Kadam to win this medal.

Published

3 hours ago

November 12, 2024

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Dinesh Rajaiah, an employee of Ramco Cements, won Silver medal in the men’s doubles event in the Japan Para Badminton International 2024 held in Tokyo. He partnered with Paralympian Sukanth Kadam to win this medal. Notably Sukanth Kadam had finished 4th in the men’s singles in Paris Paralympic Games which concluded in September 2024.

Japan Para Badminton International 2024 was held in Tokyo from 22nd to 27th October 2024 where more than 200 players were in the fray.

Dinesh, despite suffering a shoulder injury and having his right shoulder heavily taped, treated the audience to a nail biting final. The duo was down 16-20 in the second set and fought back to take the game to the third set where they lost 16-21. Being the last match of the event, the pair won hearts of the audience for their never give up spirit.

Dinesh breaks into the top 15 in the BWF Para World Ranking in men’s singles category and is now ranked 14 in the world. Ramco Cements has been supporting Dinesh Rajaiah ever since he showed his talent in an inter unit tournament of Ramco Cements in 2017. The company had then encouraged him to take up professional badminton coaching and has been sponsoring him for all major international tournaments. Ramco Cements wishes Dinesh all success in future tournaments.

Concrete

Asian Paints Sees 43.71% Profit Dip

Asian Paints reports significant profit decline in Q2.

Published

3 hours ago

November 12, 2024

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Asian Paints has reported a 43.71% year-on-year decline in its net profit for Q2 FY25, amounting to a substantial reduction in earnings. The leading paint manufacturer attributed this decline primarily to increased input costs, a competitive market environment, and a slowdown in consumer demand. Despite the lower profit, the company’s revenue saw a moderate increase, reflecting its ability to maintain strong market presence in the face of challenges.

The company’s margins have been impacted by rising raw material prices, particularly in key components used in paint production. Additionally, the ongoing economic conditions, coupled with sluggish demand in certain segments, have put pressure on profitability. However, Asian Paints remains optimistic about its long-term prospects, focusing on strategic innovations and expanding its market share in the premium product segments.

In response to these challenges, the company has reaffirmed its commitment to cost-efficiency and improving operational performance. Asian Paints continues to explore new avenues for growth, including enhancing its product portfolio and leveraging its extensive distribution network to drive sales across diverse consumer segments.

Concrete

Ambuja Cements seeks CCI approval to acquire majority stake in Orient

Ambuja Cements’ stake would rise to 72.8 per cent, as per the notice filed with the CCI.

Published

3 hours ago

November 12, 2024

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Billionaire Gautam Adani-led Ambuja Cements has sought approval from the Competition Commission of India (CCI) for the acquisition of a majority stake in CK Birla group firm Orient Cement in a deal worth Rs 81 billion.

According to a notice from the CCI, the proposed transaction involves a two-stage acquisition process, which was initiated through two share purchase agreements (SPAs) on October 22, 2024. As part of the deal, Ambuja Cements will initially acquire a 46.80 per cent stake in Orient Cement. This includes a 37.90 per cent stake from the current promoter group and an additional 8.90 per cent from certain public shareholders.

The notice further stated that following the acquisition of shares, an obligation would be triggered for the acquirer to make an open offer under the Sebi’s SAST (Substantial Acquisition of Shares and Takeovers) rules, aimed at acquiring up to 26 per cent of the expanded share capital of the target company. If the open offer is fully accepted, Ambuja Cements’ stake would rise to 72.8 per cent, as per the notice filed with the CCI.

In October, the Adani Group, led by Gautam Adani, had announced the signing of a binding agreement to acquire Orient Cement (OCL) at an equity value of Rs 81 billion. This acquisition would increase Adani Cement’s capacity by 16.6 million tonnes per annum (MTPA), which is operated through Ambuja Cements.

Ambuja Cements, part of the diversified Adani Group, is a leading cement and building materials company in India. It operates 22 integrated cement plants, 10 bulk cement terminals, and 21 grinding units across the country.