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Construction Chemicals Industry News

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Tata Chemicals defers fund-raising plans

Monday 8th Aug 2011 141

Mumbai : Tata Chemicals today said it had deferred plans to raise $375 million for various projects, both overseas as well as domestic, following the global economic concerns. "Due to the ongoing....

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Tata Chemicals net dips 7.5% to Rs 200 cr

Monday 8th Aug 2011 142

Mumbai : Tata Chemicals posted at 7.5% decline in its net profit at Rs 200 crore for the first quarter ended June 30, 2011. For the year ago period it was....

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L&T bags hydrocarbon orders worth Rs 4,000 cr

Monday 8th Aug 2011 141

New Delhi : Engineering and construction major Larsen & Toubro today said it has bagged new orders worth Rs 4,000 crore ($889 million), mainly from the hydrocarbon sector. Of the total, two contracts....

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Berger sees 8% hike cushioning margins

Thursday 4th Aug 2011 145

Kolkata : Berger Paints India sees its operating margins stabilising within the next three months on the back of price hikes taken in the first quarter of the current fiscal, managing....

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Fertiliser stocks zoom on urea price de-control talks

Wednesday 3rd Aug 2011 143

Mumbai : Analysts see better bottom line for the sector if policy comes into effect. Shares of fertiliser-makers zoomed on Tuesday on expectations that urea prices would be deregulated this week. Reports....

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Cholamandalam dilutes 15% stake to raise Rs 250 cr

Monday 1st Aug 2011 144

Chennai : Cholamandalam Investment and Finance Company Ltd has diluted 15 per cent stake to five private equity (PE) investors including International Finance Corporation (IFC) and Reliance Capital. The non-banking finance....

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News Roundup: Action Construction Closing Two Acquisitions For Rs120Cr

Monday 1st Aug 2011 144

New Delhi : Action Construction Closing Two Acquisitions For Rs 120Cr - Haryana-based material handling and construction equipment manufacturer Action Construction Equipment (ACE) is close to acquiring two companies, one in India....

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Insecticides India to start Dahej facility by August

Monday 1st Aug 2011 142

Mumbai : Insecticides India Limited, a leading agro-chemicals maker in the country, is aiming to commission its technical synthesis plant and research and development centre at Dahej by August this year,....

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Gujarat PSUs see healthy first quarter

Saturday 30th Jul 2011 141

Mumbai : Three of the Gujarat government promoted companies have made a profitable first quarter of the current fiscal with two leading fertiliser majors, Gujarat State Fertilisers and Chemicals Ltd (GSFC)....

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JB Chemicals June qtr net down 8% to Rs 19 cr

Friday 29th Jul 2011 143

New Delhi : JB Chemicals & Pharmaceuticals today said its net profit declined by 7.97% to Rs 19.04 crore for the quarter ended June 30. The company had a net profit of Rs....

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