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To fund its long-term growth plan, including capital expenditure, JK Cement is planning to raise up to Rs 200 crore from institutional investors. In order to...
For its expansion over the next two years, Dalmia Cement (Bharat) has planned to invest Rs 1,800 crore. While the company would invest Rs 1,300 crore...
The cartelisation charges facing eleven cement companies and a trade body that are being penalised Rs 6,714.83 crore by the Competition Commission of India (CCI) are...
In Karnataka, Vicat Group has stated that its first line commercial dispatch of 2.75 million tonne per annum was scheduled tol start from its green-field cement...
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...
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...
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...
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