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News
cement
Cement News
UltraTech
28 Jul 2024
UltraTech Cement Acquires Majority Stake In India Cements At High Premium
UltraTech made a financial investment in India Cements to acquire 22.77 per cent equity at a price of Rs 268 per share in June this year.
cement
15 Oct 2022
Gorakhpur: Gallant Group's cement factory in Purvanchal, employment opportunities will increase
The first cement factory has been set up in Gorakhpur, UP and the production of cement has also started in it. The chairman of Gallant group said that new technology has been used in this unit.
Ultratech Cement
17 Jan 2022
UltraTech Cement shares jump nearly 3% after earnings announcement
On NSE, shares of the company gained 2.73 per cent to settle at Rs 7,870.10 apiece. The leading cement producer had posted a net profit of Rs 1,584.58 crore in the October-December quarter a year ago.
Core industries growth
26 Feb 2021
Eight core industries output grew 0.1 per cent in January 2021
The core sectors had expanded by 2.2 per cent in January 2020 Coal, crude oil, natural gas, refinery products, and cement recorded negative growth in January. The output of fertiliser, steel and electricity in January grew by 2.7 per cent, 2.6 per cent and 5.1 per cent.
core sectors growth
31 Aug 2017
Eight core sectors growth slips to 2.4% in July
The growth of eight core sectors slowed to 2.4 percent in July due to contraction in output of crude oil, refinery products, fertiliser and cement.
India's core sector growth
31 Mar 2017
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.
Infra sector growth
02 Jan 2017
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
31 Aug 2016
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.
India's core sector growth
31 Aug 2016
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.
Madhya Pradesh
13 Mar 2016
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.
Ultratech Cement
28 Feb 2016
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
03 Feb 2016
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
28 Oct 2015
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.
Core sector growth
30 Sep 2015
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
25 Jun 2015
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.
Ultratech Cement
28 Apr 2015
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
27 Apr 2015
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 cement
14 Apr 2015
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
31 Mar 2015
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.
Commerce Ministry
02 Mar 2015
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.
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