Ambuja Cements net profit swells 89% on demand pick-upNet sales for October-December jumped to Rs 2,612 crore, compared with Rs 2,188 crore in the same quarter last year.
The bigger theme is reform and reflation: Chakri Lokapriya, TCG AMCWithin NBFCs, we are still sticking to housing, says Chakri Lokapriya, CIO & MD, TCG AMC.
Cement stocks rally up to 7% after SC eases petcoke banThe Supreme Court allowed the cement industry to use petcoke as a feedstock.
IOC evaluates Rs 20K-cr coke gasification project at ParadipIndia imported 14.3 million tonnes of pet coke in 2016-17 and 8.3 million tonnes in first six months of the current fiscal.
Smog-choked India is giving the filthiest fuel a tax advantageGST is encouraging the use of this fuel, which spews more emissions than others. It’s now taxed at a rate that may be lower for some buyers...
Despite petcoke ban, overall story remains strong in cement: Ajay Bagga“I would look very closely on all the home equipment suppliers, the cable makers, the sanitaryware makers”
Cement stocks continue to bleed; Shree Cement, JK Lakshmi slipThe Supreme Court had banned the use of petcoke and furnace oil in states around New Delhi.
Pet coke ban in 3 states to hurt cement makersThe other risk for cement makers is the increase in cost of imported coal due to higher demand.
Cement prices to rise in North India following petcoke ban by Supreme Court: India RatingsCement producers are likely to pass the hike in costs to the final consumer, leading to an increase in cement price.
Set up panel to study harmful effects of petcoke: NGT to MoEFThe green panel passed the order after going through the submission made by CPCB which said that no study has been conducted by it on the a...
Cement prices in April rebound to pre-demonetisation levels: ICRAOn an all-India basis, cement production reported a de-growth of around 1% in the 11 MT FY2017 to 255 MT.
IGL hits 52-week high on Q3 show; likely curbs on pet coke bonus for coThe stock could see further upsides in the coming months IGL shares rose up to 4.8% to Rs 1,026 on Thursday, its highest intra-day increase...
Supreme Court asks CPCB, states to prepare plan to check pollutionA bench headed by Justice M B Lokur also asked the Centre to implement the ban in four weeks on furnace oil and Petcoke used by industries ...
Demonetisation impacted earnings: Shailendra Chouksey, JK Lakshmi CementIn an exclusive chat with ET Now, Shailendra Chouksey, Wholetime Director, JK Lakshmi Cement, said the compaby saw a revival in rural deman...
Budget and cement sector: Affordable housing to boost demand, excise duty still a painThe increased allocation to rural low-cost housing under Pradhan Mantri Awaas Yojana- Gramin scheme is likely to drive a 2 per cent increas...
Air pollution problem 'very serious', urgent steps needed: Supreme CourtThe observation came after amicus curiae and senior advocate Harish Salve said there was a need to ensure 100 per cent compliance of Pollut...
- India seeks land passage to Pakistan for fuels
India on Wednesday asked Pakistan to allow transportation of fuels and petrochem products in truck or rail tankers, and proposed laying a p...