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Shree Cement set aside Rs. 1,000cr for new plant

Monday 4th Jul 2011 150

New Delhi : Shree Cement set aside Rs. 1,000cr for new plant Shree Cement, which is currently one of the biggest cement manufacturing companies in the northern region, has drawn up plans to....

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UltraTech cement signs pact with RIICO for railway siding project

Monday 4th Jul 2011 147

Jaipur : UltraTech Cement, an Aditya Birla Group company, signed an MoU with Rajasthan State Industrial Development & Investment Corporation Limited (RIICO) signed an memorandum of understanding (MOU) for commissioning of....

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ACC's cement despatches up 7.3% in June

Saturday 2nd Jul 2011 151

New Delhi : Cement maker ACC today reported an increase of 7.30% in its despatches in June at 1.91 million tonne. It had despatches of 1.78 million tonne during the same month of....

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Dalmia Cements looking at M&As

Saturday 2nd Jul 2011 142

Kadapa : Dalmia Cement (Bharat) Ltd (DCBL), second largest producer from the southern region, is evaluating options to buy out cement companies.DCBL had charted plans to launch a 10-million tonne per....

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Kesoram to set up cement packaging unit in AP

Saturday 2nd Jul 2011 141

Kolkata : BK Birla Group outfit, Kesoram Industries, is setting up a 2,000-tonne a day packaging unit in Medak district of Andhra Pradesh at a cost of Rs 8 crore, according....

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Rain Commodities acquires Birla Cement & Industries

Saturday 2nd Jul 2011 143

Hyderabad : Rain Commodities Ltd, which manufactures Priya Cement, has acquired Birla Cement and Industries Ltd from Yash Birla Group for an undisclosed sum. "Consequent to the said acquisition, Birla Cement....

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Cement sector to grow in double-digits from next fisc

Friday 1st Jul 2011 145

Mumbai : The 197-million tonne domestic cement industry is set to clock double-digit growth from next fiscal with demand outstripping even the 57-mt capacity addition expected by FY14, says an industry....

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SFIO probing cartel in cement industry

Friday 1st Jul 2011 142

New Delhi : The Serious Fraud Investigation Office , or SFIO, is investigating allegations of cartelisation against cement majors UltraTech Cement, Ambuja Cements and ACC.

The SFIO is acting under the directions of....

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Core sector growth slows to 5.3% in May

Friday 1st Jul 2011 148

New Delhi : With a sharp decline in the production of natural gas and cement, the growth of key infrastructure industries slowed to 5.3 per cent in May. The output of these....

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Surya to set up 5 MMTPA cement plant in Gujarat

Thursday 30th Jun 2011 146

Mumbai : With a Rs 4,000 crore investment lined up for a possible five million metric tonne cement plant in Gujarat, Surya Group is mulling public issue of its subsidiary company....

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