Mid-size cement companies plan big expansion as demand revivesMid-level companies, which have a localised footprint in India’s highly regional cement industry, have revealed plans to more than double t...
French cement giant Vicat agrees to invest Rs 1,735 crore in IndiaThe Vicat group chairman Guy Sidos has signed two memoranda of understanding to this effect in Delhi on Saturday.
Telangana, Andhra Pradesh hold hope for southern cement sectorBuilding of new capital, irrigation and road projects, affordable housing may lift demand by 10-20%: Analysts
Reliance Infrastructure plans to exit cement business, puts unit on blockPromoters are expecting a enterprise valuation of Rs 5,500 – Rs 6,000 crore for Reliance Cements.
Sagar Cements in talks to acquire Bangalore-based BMM Ispat unitBMM, which started output in April 2012, made a loss of Rs 51.4 crore on Rs 116.6 crore of operating income during the nine months to Decem...
Fifteen stocks in focus in Thursday morning tradeIndian markets are expected to trade in a range. Here is a list of fifteen stocks which are likely to be in focus today.
Sagar Cements to sell stake in Vicat Sagar Cement Private Limited to Vicat SASagar cements said its Board of Directors approved the sale of its entire 47 per cent stake in Vicat Sagar Cement Private Limited for Rs 43...
France’s Vicat in talks to buy out Sagar Cements' 47% stake for Rs 4,100 croreIf the deal with Sagar Cements fructifies, it will be the largest since UltraTech’s Rs 3,800-crore purchase of the Gujarat unit of Jaypee C...
- French cement maker Vicat eyes more India buys
After acquiring cement facilities and joining hands with local players for joint ventures, France's Vicat group is considering more opportu...
- French cement maker Vicat eyes more India buys, capacities
French Cement maker Vicat group is now looking at more such opportunities, both organic and inorganic, to further consolidate its market in...
AV Birla Group, Lafarge eye Jaiprakash Associates' cement plants in Gujarat and Andhra PradeshThe AV Birla Group and French cement giant Lafarge are in talks to buy out Jaiprakash Associates' cement plants in Gujarat and Andhra Prade...
- Bharathi Cement to double turnover by 2013
Bharathi Cement said it is eyeing to double the turnover to Rs 2,000 crore by 2013 when its plant at Gulbarga in Karnataka will go on strea...
- Enter Cemex: Cement, too, needs consolidation
Competition will intensify as more global majors buy Indian cement companies and infuse more dynamism into a sector that has relatively lim...
- Murli Industries in talks with foreign cos to sell cement unit
Murli Industries, a Nagpur-based diversified company, is seeking a buyer for its 3-million tonne cement plant in Maharashtra, said a senior...
- French co Vicat picks up 51% in Bharathi Cement
French cement maker Vicat has bought 51% in Bharathi Cement and said it is becoming a partner with YS Jagan Mohan Reddy, Congress MP and so...
- Global biggies eye Bharathi Cement
A host of global cement giants-France’s Lafarge and Vicat, Switzerland’s Holcim and Iris firm CRH-are in talks to acquire a controlling sta...
- French co eyes Rs 800cr stake in MyHome Cem
After Lafarge, HeidelbergCement and Holcim, it’s the turn of yet another major international cement company to enter India.