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...
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...
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...
CRH Plc and Swiss cement and aggregates giant Holcim are in talks with the Shriram Group to purchase a controlling stake in Sree Jayajothi Cements (SJJCL),...
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