LafargeHolcim to benefit from government's infra spending: Moody'sIndia's Budget for 2016-17 includes plans to hike public infrastructure spending, especially on roads, which could revive the stagnant ceme...
CCI clears Heidelberg-Italcementi dealCompetition Commission of India has approved German firm Heidelberg Cement's acquisition of Italcementi SpA. They are into cement and build...
Italian bank UBI's offices searched, executives under investigaton: SourcesItalian magistrates are investigating three executives at Unione di Banche Italiane (UBI), Italy's fifth-biggest lender as part of probe.
Worst is yet to come for European corporates, agencies warnRatings agencies this week warned that European corporates, particularly in the telecoms, retail and auto sectors, may not have felt the wo...
- Zuari Cement agrees to make lump-sum payment to settle dispute with L&T
Zuari Cement has agreed to make a lump-sum payment to settle an acrimonious dispute with Larsen and Toubro over unpaid bills, people famili...
- GP Goenka to sell debt-ridden Andhra Cements stake to Dalmia group
Andhra Cements incurred a loss of Rs 35.50 crore on net sale of Rs 65.48 crore last year and two of its units have been non-operational sin...
- 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...
- Zuari to re-enter cement business
Zuari Industries is re-entering cement business after exiting it four years ago as part of plans to spend over $1.5 billion for expanding f...
- 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...
- Rationalise taxes on cement
There appears to be a welcome trend of consolidation gathering momentum in the cement sector, all over again.
- ACC to decide on Shiva Cement warrant conversion this week
India’s single-largest cement maker and part of Swiss major Holcim, is likely to decide this week on conversion of equity warrants in Shiva...
- Stocks to watch: RCom, Andhra Cements, Wipro, Cipla
The momentum is likely to continue Thursday with the Nifty breaking out of a crucial resistance level of 2850. Also, increased FII activity...
- Multinational cement makers eye Andhra Cements
A host of multinational cement makers, such as Lafarge, CRH and Italcementi, are learnt to be in the race to acquire Andhra Cements (ACL), ...
- Orient plans cement unit in Rajasthan
The Kolkata-based business conglomerate’s Orient Paper & Industries has recently won a limestone mining lease renewal case in Rajasthan and...
- For cement cos, it’s the right time to scale up
The constantly increasing cement prices seem to prove one thing, that the demand for the construction material shows no sign of flagging.
- Heidelberg to buy 30% in Mysore Cement
Germany-Based Heidelberg Cement is close to acquiring a major stake in Mysore Cement, the SK Birla group company, as foreign giants rush to...
- Cement sector builds on capacity quotient
The constantly increasing cement prices seem to prove that the demand for construction material shows no sign of flagging.