close
This ad will auto close in 10 seconds
Core sector growth slows down to 1% in February

Core sector growth slows down to 1% in February

The growth of eight core sectors slowed down to 1 percent in February mainly due to contraction in output of crude oil, natural gas, refinery products, fertiliser and cement.

 

India's core infrastructure sector growth rises to 4.9% in November

India's core infrastructure sector growth rises to 4.9% in November

Infrastructure sector recorded a growth rate of 4.9 percent in November on the back of impressive performance by steel, electricity and coal products.

CCI slaps Rs 6,715 crore fine on 11 cement companies including ACC, Ultratech

CCI slaps Rs 6,715 crore fine on 11 cement companies including ACC, Ultratech

Competition Commission Wednesday imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.

July core sector growth at 3.2% vs 5.2% in June

July core sector growth at 3.2% vs 5.2% in June

Infrastructure sector grew at 3.2 percent in July mainly because of improvement in performance of energy sector, especially refinery output.

Shocking! Man buried alive in MP after workers mistakenly poured cement over him - Watch

Shocking! Man buried alive in MP after workers mistakenly poured cement over him - Watch

The workers then flattened the concrete using a steam roller to level the gravel. 

Birla's UltraTech buys JP's cement plants for Rs 17,000 crore

Birla's UltraTech buys JP's cement plants for Rs 17,000 crore

Aditya Birla Group firm UltraTech Sunday announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 billion), making it the biggest deal in the sector.

Coal linkages to cement, steel sectors via auction: Cabinet

Coal linkages to cement, steel sectors via auction: Cabinet

Allocation of coal linkages for the non-regulated sector, which includes steel and cement, will be only through the auction route to ensure transparency, government said Wednesday.

Ambuja Cements Q3 Net falls 36%; CFO Sanjeev Churiwala resigns

Ambuja Cements Wednesday reported 36 percent decline in its standalone net profit at Rs 153.57 crore for the third quarter ended September 30, 2015, due to an additional depreciation charge, among other factors.

India's core sectors growth slows to 2.6% in August

India's core sectors growth slows to 2.6% in August

Coal, cement and electricity output slowed down to 0.4 percent, 5.4 percent and 5.6 percent respectively during the last month as compared to 13.2 percent, 10 percent and 12.9 percent.

Lafarge names Ujjwal Batria its India CEO

French cement maker Lafarge Thursday said it has appointed Ujjwal Batria, an old company hand, Chief Executive of its India operations.

CCI clears UltraTech's purchase of JAL's two cements plants

UltraTech's proposed buyout of two cements plants from Jaiprakash Associates Ltd (JAL) has got the approval of fair trade watchdog CCI, which said the deal is unlikely to have an adverse impact on competition.

Shree Cement acquires Jaypee Cement unit for Rs 358 cr

Shree Cement has completed the acquisition of a cement grinding unit of Jaiprakash Associates for Rs 358.22 crore.

ACC net profit hit by low demand, dives 41%

Cement maker ACC Tuesday reported a drop of 40.84 percent in its consolidated net profit to Rs 236.54 crore for the quarter ended March 31 owing to slackened demand in the domestic market.

Core sector growth slows down to 1.4% in February

The eight core sector industries — coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity.

Com & Ind Min seeks imposition of import duty on cement

The Commerce and Industry Ministry today sought imposition of import duty on cement in order to boost exports from the country and provide a level playing field to domestic manufacturers of the commodity.

UltraTech Q3 net marginally up to Rs 400 crore

UltraTech Cement Friday reported a marginal increase in consolidated net profit at Rs 399.98 crore for the quarter ended December 31, 2014, from Rs 395.11 crore in the same period last year.

Core sector growth jumps to 5-month high of 6.7% in November

The growth rate of eight core sector industries rose to five-month high of 6.7 percent in November on the back of better output in coal, refinery products, electricity and cement.

RInfra plans to triple cement capacity in 3 yrs to 15mt

Reliance Infrastructure (RInfra) plans to nearly triple its cement generation capacity to 15 million tonne per annum (mtpa) over the next three years.

Growth in 8 core sector industries rises by 5.8% in August

Led by healthy growth in coal, cement and electricity sectors, the eight core industries grew by 5.8 percent in August this year against 4.7 percent in the same month last year.

Govt to auction coal mines after obtaining necessary approvals

The government will auction captive coal mines to companies engaged in production of steel, cement and sponge iron after obtaining necessary clearances and detailed exploration of the blocks.