Net sales for October-December jumped to Rs 2,612 crore, compared with Rs 2,188 crore in the same quarter last year.

Within NBFCs, we are still sticking to housing, says Chakri Lokapriya, CIO & MD, TCG AMC.

The Supreme Court allowed the cement industry to use petcoke as a feedstock.

India imported 14.3 million tonnes of pet coke in 2016-17 and 8.3 million tonnes in first six months of the current fiscal.

GST 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...

“I would look very closely on all the home equipment suppliers, the cable makers, the sanitaryware makers”

The Supreme Court had banned the use of petcoke and furnace oil in states around New Delhi.

The other risk for cement makers is the increase in cost of imported coal due to higher demand.

Cement producers are likely to pass the hike in costs to the final consumer, leading to an increase in cement price.

The 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...

On an all-India basis, cement production reported a de-growth of around 1% in the 11 MT FY2017 to 255 MT.

The 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...

A 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 ...

In an exclusive chat with ET Now, Shailendra Chouksey, Wholetime Director, JK Lakshmi Cement, said the compaby saw a revival in rural deman...

The increased allocation to rural low-cost housing under Pradhan Mantri Awaas Yojana- Gramin scheme is likely to drive a 2 per cent increas...

The observation came after amicus curiae and senior advocate Harish Salve said there was a need to ensure 100 per cent compliance of Pollut...

India on Wednesday asked Pakistan to allow transportation of fuels and petrochem products in truck or rail tankers, and proposed laying a p...