Analysts expect that the cement business for major players in the country is expected to be profitable in the first quarter of this financial year, backed...
After reviewing the situation post the Competition Commission of India (CCI) order of slapping a Rs 6000 crore penalty on cement majors for cartelisation, analysts are...
Century Textiles and Industries is to expand its cement production capacity by 4.3 million tonne at an investment of Rs 2,408 crore.Due to rise in input...
For indulging in restrictive trade practices Shree Cement firm was imposed a penalty of Rs 397.51 crore by the competition watchdog Competition Commission of India (CCI)....
Production at Ambuja Cement rose to1.78million tonne (mn t) in June from1.65 mn t in the year-ago month. For another cement maker ACC, output expanded to...
During the current fiscal, cement demand in India is expected to grow 7.5 per cent., according to Centre for Monitoring Indian Economy (CMIE). After slowing down...
Eleven cement factories in Rayalaseema region, which have accounted for 50 per cent of the cement production in the State, are selling cement at Rs 350...
Kenya’s Bamburi Cement posted a 12.86 percent fall in pretax profit for the first half of this year to 3.7 billion shillings ($43.89 million), hurt by...
For the current fiscal, Madras Cements has lined up investments to the tune of Rs 300 crore. Of the sum, Rs 225 crore will be utilised...
US investment bank JP Morgan feels that the valuation of cement major UltraTech is stretched and consequently downgraded the stock to "underweight" from "neutral".The bank said...
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