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Realtors extend boycott of cement purchase in AP, Telangana

Last Updated: Sunday, July 20, 2014, 00:47

Stepping up their demand for withdrawing a "steep and unjustified hike" in cement prices, the Joint Action Committee (JAC) of builders in Telangana and Andhra Pradesh on Saturday decided to extend the boycott on buying cement by another week till July 26.

Ultratech Q1 Net dips 6% to Rs 628 cr on lower prices

Last Updated: Saturday, July 19, 2014, 15:38

Ultratech Cement today reported a little over six percent dip in its consolidated net profit for the first quarter of the current fiscal at Rs 628 crore on lower prices and higher variable costs.

Binani Cement says it is committed to paying taxes

Last Updated: Saturday, June 28, 2014, 16:17

In a statement issued by R S Joshi, President (Corporate Affairs), the company said it is only seeking instalments for making the payment as provided under law.

Panel meet on coal supply to end-use plants next week

Last Updated: Friday, June 06, 2014, 18:01

An inter-ministerial panel to look into the issues pertaining to coal supply to end-use plants in the steel and cement sectors will now meet on June 11.

PESB defends decision to go ahead with selection of CCI CMD

Last Updated: Monday, May 12, 2014, 16:39

Public Enterprise Selection Board (PESB) on Monday said it "did the right thing" by going ahead with the interview for selection of the Cement Corporation of India (CCI) Chairman, despite the CBI's reservations.

Manufacturing growth key to cement industry: DIPP

Last Updated: Wednesday, April 30, 2014, 21:15

The manufacturing sector needs to be strengthened to achieve 20-25 percent growth in the cement industry over the next three decades, a senior government official said Wednesday.

Holcim, Lafarge create global concrete giant

Last Updated: Monday, April 07, 2014, 19:15

Swiss cement group Holcim and French rival Lafarge are merging to create the biggest global concrete group worth 40.0 billion euros, with an eye to booming construction in emerging markets, they said on Monday.

Dalmia Cement's capacity to rise to 20 mtpa after JAL deal

Last Updated: Tuesday, March 25, 2014, 15:03

Dalmia Cement (Bharat)'s capacity will go up to 20 million tonnes per annum (mtpa) following its acquisition of Jaiprakash Associates' (JAL) 74 percent stake in a joint venture with SAIL for an enterprise value of Rs 1,150 crore.

Challenging outlook may continue for cement sector: Icra

Last Updated: Sunday, March 02, 2014, 18:38

"The demand for cement was sluggish during Q2 FY14 - a seasonal phenomenon - due to a slowdown in construction activities during the monsoon season," Icra Senior Vice- President Sabyasachi Majumdar said in a report.

Ultratech Cement's Q3 net profit dips 38% to Rs 370 crore

Last Updated: Monday, January 20, 2014, 13:46

The Aditya Birla Group's flagship firm had clocked Rs 601 crore net profit in the corresponding quarter of last fiscal, the company said in a release.

Heidelberg Board to consider raising Rs 370 crore through NCDs

Last Updated: Thursday, December 12, 2013, 16:06

Heidelberg Cement India's Board will meet on December 16 to consider raising Rs 370 crore by issuing non-convertible debentures (NCDs) on private placement basis.

Sept factory output grew at best pace since March: Report

Last Updated: Friday, November 08, 2013, 12:39

Indian factories increased production in September at the fastest pace since March ahead of an expected surge in demand during the country`s festive season.