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...
To sell a minority stake in its cement business for about $150 million, ABG Group is in talks with private equity and financial firms. The company’s...
To set up a new grinding unit in Andhra Pradesh, Madras Cements plans to invest Rs 360 crore and another Rs 55 crore to increase its...
As per media repoerts, across India, cement prices are under pressure. Even as the peak construction period has set in, poor demand and inactivity in the...
Cement manufacturer Shiva Cement is expecting Rs 450 crore revenue in FY16 on the back of its expansion plans. The company has embarked on a massive...
The cement industry is expected to add 30-40 million tonne of capacity in 2013 despite excess capacity built-up. The industry has a capacity of 324 million...
Analysts and industry watchers see limited possibility for the cement prices to rise in the coming months because of slowdown in new construction and the crackdown...
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