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Latest Articles in cement

Union Budget 2017: Confidence-Boosting Measures Needed

Impressive steps have been taken by the cement industry in enhancing its environment friendliness and India has amongst the lowest carbon footprints in the world. The government would do well to encourage this process

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Core Sector Growth Slips To 4.9% In November

Impact of note ban seems to be weighing on industrial output with core sector growth decelerating to 4.9 per cent in November 2016 as against 6.6 per cent in the previous month

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Infrastructure Sector Growth Jumps To 6-month High Of 6.6% In October

Infrastructure sector recorded a growth rate of 6.6 per cent in October -- the highest in last six months -- on the back of impressive performance by steel and refinery products

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Emami Plans 15-20 MTPA Cement Capacity In Five Years

Emami Cement, which began operations at its integrated cement manufacturing plant in Chattisgarh in July this year, is expecting to clock revenues of around Rs 500 crore for a full year of operations ending March 2017

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Infrastructure Sector Grows By 3.2% In August

Infrastructure sector recorded a growth rate of 3.2 per cent in August, up from 3 per cent in the previous month but same as that in year-ago period, amid weak performance of coal, crude oil and natural gas segments

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UltraTech Cement's Q1 Jumps 29% At Rs 780 Crore On Higher Sales

Ultratech Cement has reported a 29 per cent growth in consolidated net profit at Rs 780.11 crore for the quarter ended June helped by better sales and cost optimisation measures

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Nirma In The Top 6 With Lafarge's Assets Worth $1.4 Billion

The purchase of Lafarge's assets will enable Nirma to diversify its business and enter the sector with a strong presence

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Nirma To Buy Lafarge India Assets From LafargeHolcim For $1.4 Billion

The deal, the proceeds of which will be used to pay down LafargeHolcim's debt, is subject to approval by the Competition Commission of India

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Cement Demand To Grow 6% In FY17, Predicts Icra

Demand for cement is likely to grow by 6 per cent in the current fiscal and further rise to 7 per cent in 2017-18, on improvement in infrastructure segment

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Competition Tribunal Halts Lafarge India Sale

LafargeHolcim said in February it was considering a divestment of its interest in Lafarge India, which has an annual capacity of 11 million tonnes

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UltraTech Buys Jaiprakash Cement Plants In New $2.4 Billion Deal

Under the revised deal, UltraTech will buy 21.2 million tonnes of cement capacity from Jaiprakash as the companies have mutually agreed to exclude a 1.2 million tonnes a year plant in Karnataka

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UltraTech Buys Jaiprakash Cement Plants For Rs 16,500 Crore

The deal will increase India's biggest cement maker's installed capacity by one-third to 90.7 million tonnes annually, and provide infrastructure firm Jaiprakash with much-needed relief to pare its debts

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UltraTech Scraps Plan To Buy Jaiprakash Cement Plants

The Bombay High Court said that amendments to Indian mining and mineral laws mean that only the transfer of mines granted through an auction process could be approved, making the Jaiprakash deal impossible, UltraTech said

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LafargeHolcim Gets Revised Divestment Order In India

It said last week it was reviewing its divestment plan in India after talks with Birla Corporation Limited for the sale of the Jojobera and Sonadih cement plants in Eastern India fell through

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Reliance Infra To Trim Debt By Cement Business Sale

The group has been restructuring its businesses in line with its longer-term strategy of increasing focus on defence, and allying with Reliance Jio in telecom space

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