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Despite cement’s demand recovery remains uncertain, prices of the key construction material have gone up by Rs 10-15 to Rs 300 a bag in select regions....
Fitch Ratings said that the levy of Rs 6,300-crore penalty on 11 cement companies by the Competition Commission of India (CCI) will lead to further consolidation...
Expressing disappointment over the order of the Competition Commission of India to penalise them for manipulating the cement market. India Cements and Madras Cements have said...
Visakhapatnam Steel Plant (VSP or Vizag Steel) plans a slag-based cement plant outlay of about Rs 2,000 crore. VSP generates over 8,00,000 tonne of slag every...
Two Brazilian and one Austrian cement company have made an open offer to acquire 26 per cent stake in Shree Digvijay Cement. The offer price is...
Government initiatives on infrastructure through direct investment or private participation continue to be the major thrust for a developing economy like India and the proposed investment...
To acquire a stake in the cement business of Jaiprakash Associates (JAL) Aditya Birla Group has emerged as the front-runner. JAL’s cement business could potentially be...
Mozambique’s domestic cement production has reached a record 2,77,000 tonnes in 1Q12 with imports falling to 79,000 tonnes. The new factories commissioning across the country was...
Kumar Mangalam Birla, Chairman, Aditya Birla group proposed an investment of around Rs 7,000 crore on new plants and expansion of existing plants in Karnataka over...
The direct drives of NORD drivesystems brought more than just higher reliability and reduced financial and labour expenditure for maintenance activities. The relative investment costs for...
