Rising input cost and transportation charges are exerting pressure on the profitability of some cement makers in the country, reports indicate. For example, the consolidated net...
Managing Director of India Cements N Srinivasan has stated that the Indian cement industry, which has been beset by cyclical demand, structural overcapacity and a nearly...
To save costs, Builders Association of India has taken the initiative to purchase cement bags in bulk from a major manufacturing company in Hyderabad and then...
Media reports indicate that Jaiprakash Associates may soon sell its 4.8-million-tonne cement plants in Gujarat to UltraTech Cement for Rs 4,100 crore. Of the enterprise value...
Aditya Birla Group-owned UltraTech Cement, has begun talks to purchase an incomplete 6.7-million-tonne cement plant in Gujarat owned by ABG Cement (ABGCL) sources said. Executives of...
The Competition Appellate Tribunal has adjourned hearing on the plea of 11 cement companies seeking stay on Rs 6,307 crore penalty imposed by fair trade regulator...
State-owned Tamil Nadu Newsprint and Papers’ (TNPL) Rs 100 crore cement manufacturing facility was formally inaugurated by the State Chief Minister Jayalalithaa in Chennai on January...
Largest cement producer in Nepal, Udayapur Cement has resumed higher levels of production which had recently been scaled back because of technical difficulties. Udayapur Cement’s plant...
Amrit Cement India (ACIL) has announced the launch of its plant in North-Eastern market. ACIL possesses ambitious plan to achieve annual production of 5 million tonnes...
Production cost of cement is expected to increase substantially as oil companies have raised the diesel price by Rs 10 a litre for institutional buyers. Most...
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