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CEMENT VARIANTS
Plants at 60% capacity, will consider expansion as business picks up: India Cements MD N SrinivasanSrinivasan's comments reflect the fragile recovery posted by the cement industry emerging from the third wave of the pandemic, with demand ...
SBI invests Rs 100 crore in JSW Cement to acquire a minority stake“We have increased our capacity from 6MTPA to 14MTPA and are now working towards achieving the 25MTPA milestone over the next 24 months…I w...
Sensex continues southward journey dragged by IT, FMCG names“If the Fed turns more hawkish and indicates two rate hikes in 2022, that would be negative for the markets which had factored in one rate ...
Sensex rises 153 points in volatile trade but investors lose Rs 1.38 lakh crore; here's why“Global markets traded mixed as investors were torn between buying on dips and the uncertainties over the impact of Omicron on economic rec...
Bears maintain grip on market: What's dragging indices lower?In the 50-share pack Nifty, Reliance Industries was the biggest gainer, up 2.38 per cent. Cipla, IndusInd Bank, Dr Reddy’s Labs, HCL Tech, ...
JSW Cement inks deals to raise up to Rs 1,500 crore from Apollo Global, Synergy MetalsThe investments will help JSW Cement ramp up its cement production capacity to 25 million tonnes per annum (mtpa) from 14 mtpa in the next ...
Penna Cement files draft papers with Sebi for Rs 1,550 crore IPOThe company will issue fresh equity shares worth Rs 1,300 crore, while its promoters will raise Rs 250 crore through an offer for sale.
Nifty conquers Mt 14K as bull run continues non-stop for 7th dayIn the 50-share pack Nifty, Dr Reddy’s Laboratories was the biggest gainer, up 1.41 per cent. ONGC, ICICI Bank, Sun Pharma, Cipla, Tata Mot...
Siddhartha Khemka’s top 2 cement picksBajaj’s entry into EV segment is very exciting, as it is one of the larger mass market OEMs.
JSW Cement eyeing acquisition of stressed assetsJSW Cement expects development of 500 cities under the new Urban Development Mission and the initiative to build 100 smart cities to benefi...
JSW Cement inaugurates 2.4 mtpa manufacturing unit at SalboniAt the inaugural function, JSW Cement dedicated its Salboni cement manufacturing unit to the economic development of West Bengal.
Nestle pays Ambuja Cements Rs 20 crore to destroy Maggi packetsAmbuja Cements is believed to have been paid the amount for burning the recalled packets of Maggi at its cement plant in Chandrapur in Maha...
JSW plans to raise cement capacity without raising costJSW Cement aims to bring down cost by as much as three-fourths by setting up grinding units closer to markets, rather than near the source.
- Shree Cement net profit surge by 537% on better realisations, operational efficiencies
Higher volumes of cement, better realisations and operational efficiencies helped Shree Cement post a phenomenal rise in top-line by 41% an...
- L&T eyes 10% growth in sales from electrical, automation business in FY13: Source
Larsen and Toubro (L&T) is expecting a 10 per cent growth in sales from its electrical and automation business in the next financial year.
- ACC plans Rs 1,100 cr expansion in East
Now, it is ACC’s turn to steal the thunder in West Bengal and across the eastern region.
- ACC to invest Rs 1100-cr in east
ACC on Thursday said the company is looking to build capacities in the east.