North East back in spotlight as UltraTech buys star stakeUltraTech Cement plans to acquire a non-controlling, minority stake in Star Cement, highlighting renewed national interest in the Northeast...
06 Jan, 2025, 12.01 AM IST
UltraTech Cement to enter Northeast with Star trekUltraTech Cement is acquiring an 8.69% stake in Meghalaya-based Star Cement for ₹851 crore to strengthen its presence in the northeastern m...
28 Dec, 2024, 12.55 AM IST
This stock gave 44.3% return last year; should you invest now? Know what analysts sayStar Cement is likely to benefit from the growing cement demand in the infrastructure, construction and housing sectors. A recent HDFC Secu...
22 Jul, 2024, 06.30 AM IST
Cement industry struggles to compete in oversees marketsThe Indian cement industry is struggling to compete in overseas markets due to duty-free imports of cement in the country and the duties th...
16 Oct, 2023, 12.24 AM IST
Dalmia Cement signs MoU to invest Rs 4,600 crore in AssamDalmia Cement Bharat has pledged to invest around Rs 4,600 crore ($620m) in the Indian state of Assam and create 2,500 jobs. The signing of...
09 May, 2023, 05.34 PM IST
Purbanchal Cement lines up Rs 200cr for expansion, Bengal in roadmapAssam-based Purvanchal Cement has earmarked Rs 200 crore for acquisition and expansion over the next few years, including foraying into mar...
18 Dec, 2022, 05.45 PM IST
Cement stocks get ready for firm growth on housing and infra spending plansAmbuja Cements and ACC are debt-free companies, while UltraTech Cement, Shree Cement and Dalmia Bharat have taken debts to fund capex.
05 Mar, 2022, 04.59 PM IST
L&T bags orders worth Rs 1,000 crore-Rs 2,500 croreThe company said its power transmission and distribution business has won orders to design and construct two 132/11kV substations in Dubai,...
16 Apr, 2021, 02.52 PM IST
Industry divided over reason for rise in cement pricesAccording to research reports, cement prices in February increased by Rs 24-25 per bag of 50 kg, but the increase was more pronounced in so...
08 Mar, 2019, 08.20 AM IST
- Cement companies of Northeast India eye North Bengal, Bihar
Cement companies of Northeast India are now eyeing the growing market of North Bengal and Bihar.
21 May, 2013, 06.22 PM IST
- Dalmia Cement set to invest Rs 1,800 crore by FY14
Post expansion, the company's total capacity would stand enhanced to 21 million tonne per annum (mtpa) from the existing 17 mtpa.
18 Jan, 2013, 07.30 PM IST
- Cement prices to increase in Northeast by Rs 20 to 25 per bag
After two sharp cuts, prices of Cement manufactured in Northeast India are likely to increase by Rs 20 to 25 per bag.
29 Oct, 2012, 08.01 PM IST
- UltraTech Cement in talks to buy Adhunik MSP Cement's Meghalaya plant for Rs 700 crore
Group firm UltraTech Cement wants to buy the 1.5-million-tonne unit and bolster its presence in the fast-growing but largely untapped marke...
22 Mar, 2012, 03.07 AM IST
- Cement cos may curtail investment in NE states
Over half a dozen cement companies may withdraw or curtail their proposed investment totalling around Rs 5,000 crore in setting up nearly 1...
13 May, 2008, 03.47 AM IST
- Govt changes duties on Cement; producers say cost will go up
The government on Tuesday announced changes in excise duty from specific to value based for cement priced above Rs 250 per bag of 50 kg, a ...
29 Apr, 2008, 07.48 PM IST
- Barak Valley IPO subscribed 1.16 times
The initial public offering of Barak Valley Cements was subscribed 1.16 times on day one of the issue opening on Monday.
29 Oct, 2007, 04.26 PM IST
- Barak Valley’s Rs 37-42/share IPO opens on Monday
The company has fixed price band of the book-built offer at Rs 37-Rs 42 per share of Rs 10 each. The issue closes on Nov 1
29 Oct, 2007, 10.40 AM IST