Economy & Market

TN builders protest hike in prices of cement, sand

Published

13 years ago

August 21, 2012

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Protesting the rising prices of cement and sand, the Builders Association of India (BAI) in Coimbatore proposes to stage a state-wide demonstration shorty, said said K. Viswanathan, national vice-president of BAI (southern region), in Coimbatore on August 21. The Association is to take out a rally and present a memorandum to officials concerned, he added.The Association alleges that the cement companies were creating an artificial demand to increase the price and want the situation corrected immediately.Despite there being a verdict from the Competition Commission of India (CCI) there seemed to be no control over the prices of cement, the Association said. The cement companies did not reduce prices despite the CCI order, it said. The Association, demanded formation of a cement regulatory authority.BAI, along with CREDAI, Indian Institute of Architects, Association of Licensed Building Surveyors, Association of Consulting Civil Engineers and Coimbatore Civil Engineers Association, would take out a rally from Anna statue to Red Cross building pressing to bring down the cost of cement and sandCurrently, the price of cement was Rs 330 per bag, up from around Rs 260-Rs 275 about six months ago. Similarly, the price of sand per unit had gone up to Rs 5,000, which was costing around Rs 3,000 for several years until a few months ago, the Association said.With respect to sand, the Association demanded that the PWD identify new riverbeds and allow mining. In such new sources, it will take at least six months to get environmental clearance. Hence, after identifying new sources, the State should help get clearance quickly, said Viswanathan said.

Economy & Market

Celebrating Haryana’s Wrestling Heroes: Nuvoco Concludes 45-Day ‘Sabse Khaas Pehelwaan’ Campaign

Published

2 days ago

May 7, 2025

Roshna

Nuvoco Vistas Corp Ltd., India’s fifth-largest cement group by capacity, successfully concluded the grand finale of ‘Sabse Khaas Pehelwaan’, presented by Nuvoco Duraguard Cement, on May 2, 2025, at New Delhi’s iconic Talkatora Indoor Stadium. The wrestling championship, rooted in Haryana’s rich sporting culture, was a celebration of strength, resilience, and community pride—values that mirror the essence of Nuvoco’s Duraguard Cement brand.

The 45-day campaign attracted over 1,500 participants from all 22 districts of Haryana, culminating in a high-energy finale featuring the top contenders from district-level qualifiers. The competition included freestyle bouts across multiple weight classes for both men and women. The winners were awarded cash prizes of ₹1,00,000 for first place, ₹50,000 for second, and ₹25,000 each for the joint third-place finishers. Notably, champions such as Aakash Kumar (61 kg), Jaideep (74 kg), Anirudh (125 kg), Parveen (53 kg), Neha (62 kg), and Priya (76 kg) will also be featured as micro-market brand ambassadors, deepening Nuvoco’s local engagement.

Chirag Shah, Head of Marketing, Innovation and Sales Excellence at Nuvoco, said, “Sabse Khaas Pehelwaan brought our brand closer to the heart of Haryana by uniting sport, culture, and community. This platform not only showcased remarkable athleticism but reinforced Duraguard Cement’s brand values of strength and durability.”

Manish Kumar, Head of North Sales, added, “Haryana is a vital market for Nuvoco. Through this campaign, we’ve built authentic relationships and increased brand trust at the grassroots level. It has opened new avenues for engagement and sustainable growth.”

The event’s live broadcast, combined with vibrant community events and digital outreach, created a powerful blend of cultural celebration and brand building across one of India’s most dynamic regions.

Concrete

UltraTech Cement boosts capacity with new clinker line

Published

3 weeks ago

April 21, 2025

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UltraTech Cement has commissioned a 3.35 million tonnes per annum (Mt/yr) brownfield clinker line and one of two 2.7Mt/yr cement grinding mills at its Maihar facility in Madhya Pradesh. The second mill is expected to be operational in Q1 of FY2026. The company has also expanded its Dhule (1.2Mt/yr) and Durgapur (0.6Mt/yr) grinding units and inaugurated its first bulk terminal in Lucknow with a 1.8Mt/yr handling capacity.

Concrete

Ambuja Cements gets a new CEO

Published

3 weeks ago

April 21, 2025

Roshna

Ambuja Cements has named Vinod Bahety as its CEO for a three-year term, following Ajay Kapur’s elevation to Managing Director. Bahety, formerly the company’s CFO, brings over 25 years of experience in finance and manufacturing, including a previous role as Group Head of M&A at Adani Group. Other key appointments include Rakesh Tiwary as CFO, Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Manufacturing Head, and Ashwin Raikundaliya as Chief Sustainability Officer.

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