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Latest Articles in Cement
Cement: May See Short-Term Pricing Pressure; CCI Probe Adds to Woes
Based on recent reports from experts, the near-term outlook for the cement industry may be challenging due to pricing pressures, probe initiated by the Competition Commission of India (CCI), Covid-19 situation amongst other factors
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Hyundai India, Maruti Workers Get Coronavirus, Showing Restart Risks
Hyundai's employees union has written to management and the Tamil Nadu state government, urging the company to immediately test all workers at its own expense
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Cement Dealers Staring At ~30% Demand Contraction: CRISIL Survey
A CRISIL Research survey also indicates liquidity issues along the supply chain. The survey was conducted with 100+ dealers spread across Tier 1 and 2 centres in 13 states
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Heidelbergcement India Reports Muted Q3 Income At Rs 5,485 Crore
Sales volume dropped by 5.4 per cent to 1,223 kilotonnes from 1,294 kilotonnes in the same period, said the subsidiary of Germany's HeidelbergCement.
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Jaypee Infra Shares Jump Over 9% On CoC Nod For NBCC Bid
Shares of Jaypee Infratech were trading 9.26 per cent higher at Rs 1.77 apiece on the BSE.
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NBCC Submits Revised Resolution Plan For Jaypee Infratech
On November 6, the Supreme Court had directed completion of corporate insolvency resolution process within 90 days and said the revised resolution plan will be invited only from NBCC and Suraksha Realty.
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Cement Manufacturers Association Elects President And Vice President At 57th AGM
Mahendra Singhi, Managing Director and CEO, Dalmia Cement (Bharat) Ltd, was elected as its President for the second year running.
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NBCC, Suraksha Realty Asked To Submit Fresh Bids To Acquire Jaypee Infratech
Lenders of Jaypee Infratech will meet on November 18 to discuss the bids of NBCC and Suraksha Realty.
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Jaypee Infratech Insolvency: Lenders To Meet On Nov 18 To Comply With SC Direction
Jaypee Infratech, a subsidiary of Jaiprakash Associates, has an outstanding debt of nearly Rs 9,800 crore.
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Ramco Cements Q2 Profit Moves Up To Rs 1,332 Crore
The profit after tax too moved up to Rs 172 crore from Rs 120 crore despite finance costs going up to Rs 15 crore from Rs 13 crore in the same period.
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Ultratech Cement Q2 Profit Jumps To Rs 579 Crore, Board Approves Capex Of Rs 940 Crore
While net sales totalled Rs 9,491 crore compared to Rs 9,088 crore in Q2 FY19, the profit before interest, depreciation and tax was Rs 2,072 crore vis-a-vis Rs 1,564 crore.
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H. M. Bangur: Empowering Employees
What catapulted Shree Cement to the big league is its winning formula of empowering employees to work as owners
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Cement Maker ACC's September-Quarter Profit More Than Doubles
Cement sales volume rose about 18 per cent to 5.96 million tonnes in the quarter
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JK Cement To Invest Up To Rs 1,500 Crore For Expansion In 3-4 Years
The exact investments would depend on whether the company expands capacity through Greenfield or brownfield investments
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Suprajit Engineering Gets NCLT Nod For Phoenix Lamps Acquisition
A combined entity will prove to generate immense benefits on a larger scale of economics and combined entity will have powers to negotiate with vendors, customers and other stakeholders
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