He said the promoters would require Rs 500-600 crore in addition to the money coming from the just signed Rs 5,500 crore deal with Nuvoco V...

The sale also includes all the assets and mining leases on 300 million tonnes of limestone deposits.

Emami Cement operates one integrated cement plant and three grinding units with a total cement grinding capacity of around 8.3 million tonn...

The entire NCD transaction will be completed in phases over the next two month, the executives said.

The group that now has a capacity of 11 million tonnes is trying to consolidate its position in the industry that is 40% dominated by the b...

The Kolkata-based conglomerate is joining tycoons including Anil Ambani & Subhash Chandra in selling assets to pare debt as a cash crunch i...

Dalmia Group was founded in 1935 by Jaidayal Dalmia and its cement division was established in 1939.

The promoters have been looking at various options, ranging from divestment to taking the business to the public, to monetise assets.

A decision is yet to be made about the size of the stake to be sold and the group can add more managers for the deal later.

The cement business recently received regulatory clearance for an initial public offer (IPO).

The proceeds from the transaction will help to reduce promoter debt.

FMCG gian Emami to use funds for repaying loans, working capital needs and expansion of cement business.

The IPO will consist of a fresh issue of Rs 1,300 crore and an offer for sale of up to Rs 250 crore by the company's promoter PR Cement Hol...

The IPO comprises fresh issuance of shares worth Rs 500 crore.

According to the statement, Emami is setting up advanced and energy-efficient cement plants to meet the future demand of cement from the st...

Emami Cement is in the process of setting up a plant at Panagarh in West Bengal with a capacity of 2 million tonnes per annum (mpta) at a c...

The pace at which cement capacity is coming up in the East has convinced analysts that the region may face an over supply.