Jaypee Group, an infrastructure and real estate major, is acquiring a controlling stake in GP Goenka group’s Andhra Cements. It is the second transaction between the...
Reliance Cement has proposed a 5 million tonne capacity mega cement plant the biggest so far in Himachal Pradesh. Besides Reliance eight other firms have bid...
India Cements has reportedly acquired a coal mine in Indonesia for $20 million, which is expected to go on stream by January 2012. According to reports,...
Hundreds of people including villagers, environmentalists and politicians of several opposition parties are opposing the proposed production unit of calcium aluminate cement (CAC) of Kerneos India...
ICICIdirect has maintained a neutral stance on cement sector and said, "All-India cement demand is expected to grow by 4.5 per cent in FY12E against 4.4...
Trinetra Cement Ltd is planning to allocate shares worth around Rs 615 crore to Chennai-based India Cements through preference shares. India Cements Ltd, south India’s largest...
Danish FLSmidth HAS cut its estimate for world cement capacity growth in 2011, saying activity in India had stalled, as it met forecasts with a 4...
McNally Bharat Engineering Co Ltd, is reportedly looking at new sectors such as cement and infrastructure. The construction and engineering company’s order book as on October-end...
ACC’s cement production for November has gone up 4 per cent to 1.83 million tonnes year-on-year. The company’s dispatches have also risen 6 per cent to...
Rating agency Standard & Poor’s has assigned a stable outlook to leading Indian banks. The agency has indicated that four banks-State Bank of India, HDFC Bank,...
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