According to a report by India Ratings, Indian cement sector is set to witness large scale mergers and acquisitions (M&A), as the country’s cement industry also...
In 2013, consolidation is expected in cement industry in the medium-to-long-term with large M&A activities, says India Ratings agency. The agency expects credit profiles of large...
India Ratings-Mumbai-10 January 2013: India Ratings has revised its outlook for Indian cement manufacturers to "stable to negative" for 2013 from negative in 2012, driven by...
To consider and approve its un-audited financial results for the quarter and nine months ended December 31, 2012 (Q3), UltraTech Cement has convened a meeting of...
A Supreme Court probe team has found that nine cement plants in the Meghalaya region are being run on forest land. The report by the Joint...
Jaiprakash Associates of Manoj Gaur is reportedly readying to dispose off its Gujarat-based cement plants for a lower value to UltraTech Cement. The cement units are...
Subject to the approval of its shareholders, JK Cement decided to issue Rs 200 crore worth of equity shares to qualified institutional buyers (QIBs). Recently, the...
BK Birla Group’ diversified outfit, Kesoram Industries has committed combined investment worth Rs 485 crore for completing a new cement grinding unit and a delayed passenger...
To capture local market share for cement, the Jammu and Kashmir government will set up a cement plant with 1000 tonne per day capacity. The Government...
Shree Cement’s production for December 2012 stood at 9.97 lakh tonne and its dispatches were at 10.20 lakh tonne. The total annual capacity of the company...
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