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Aditya Birla group likely to bid for Aussie firm New Hope

Wednesday 9th Nov 2011 1234

New Delhi : The Aditya Birla Group has begun the process to bid for acquiring Australian coal company New Hope, valued at 5.2 billion dollar.

Talks between Aditya Birla Group, which owns Hindalco....

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Pratibha Ind bags orders worth Rs 571 cr

Wednesday 2nd Nov 2011 1223

Mumbai : Pratibha Industries today said that it bagged two orders in the buildings and water segment. The combined value of both the orders amounts to Rs 571 crore.

The company received....

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Prism Cement plans 9.3 mtpa plant in AP

Monday 31st Oct 2011 1228

Chennai : Decks have been cleared for a 9.3-million tonne cement plant being set up in Andhra Pradesh by Mumbai-based Prism Cement Limited. The state cabinet on Saturday decided to allot....

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ONGC to invest in nuclear power plants of NPCIL

Saturday 29th Oct 2011 1221

New Delhi : State-owned Oil and Natural Gas Corp (ONGC) plans to take up to 49 percent stake in one of the five proposed nuclear power plants of Nuclear Power Corp of....

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Jaypee Cement's Dalla clinker unit awaits green clearance

Monday 24th Oct 2011 1223

Kolkata : Jaypee Cement, the cement manufacturing arm of Jaiprakash Associates (JPA), is seeing a delay in the commissioning its two-million tonne clinker unit in Uttar Pradesh.

“The plant was scheduled to....

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UltraTech: Price rise boost

Saturday 22nd Oct 2011 1221

Mumbai : Thanks to better realisations, the company could withstand higher fuel prices

Improving realisations helped UltraTech Cement post a robust 21.6 per cent year-on-year revenue growth in the September quarter. From....

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UltraTech Cement Q2 net up 140% at Rs 279 cr

Friday 21st Oct 2011 1222

Mumbai : Cement company UltraTech Cement reported an almost threefold increase in net profit at Rs 279 crore for the quarter ended September 2011 as against Rs 116 crore a year....

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Cement makers not worried about coal shortage

Thursday 20th Oct 2011 1220

Mumbai : Indian cement companies are not much affected by the coal shortage in the country. Deep pockets, good cash flows, coal stocks and the ability to pass on the costs....

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Holcim beats UltraTech in first half

Tuesday 18th Oct 2011 1221

Mumbai : Against flat growth in UltraTech’s sales, Holcim group companies post 8 percent growth.

Swiss cement major Holcim has strengthened its position in India, thanks to a robust comeback from ACC.....

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Cement sector likely to witness negative growth in Oct

Monday 17th Oct 2011 1226

New Delhi : The cement sector is likely to witness negative growth in sales in October due to a slowdown in infrastructure construction activities amid the festive season, besides the higher base....

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