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India to produce 320 mn tonne cement in 2011-12

Tuesday 21st Jun 2011 1361

New Delhi : Cement production is expected to rise to around 315-320 mn tonne by the end of this financial year, from the current 300 mn tonne. The target was 290 mn....

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India Cements can bounce back to Rs 92-94

Tuesday 21st Jun 2011 1368

Mumbai : India Cements can bounce back to Rs 92-94, says Siddharth Bhamre.

"Among some of the midcaps I like India Cements, at Rs 82-84 the stock is consolidating. We are seeing....

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Himachal inks cement deal with Jaypee group

Monday 20th Jun 2011 1358

Simla : The Jaypee group will set up a clinkerization unit with a 2.75 million tonne annual capacity in Himachal Pradesh’s Baga in Solan district.

The company will also set up a....

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Cement sector to touch double digit growth from next fiscal

Saturday 18th Jun 2011 1356

Mumbai : Domestic cement industry of 197-million tonne is likely to touch double digit growth from the next fiscal with demand surpassing even the 57- mt capacity addition expected by FY....

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Cement sector to more than double by 2020

Saturday 18th Jun 2011 1373

New Delhi : The government on friday said that the domestic cement industry will more than double from its present capacity of 242 million tonnes by 2020.

“The cement industry has managed to....

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Dalmia Cement to merge its cement, power with Dalmia Bharat Enterprises

Saturday 18th Jun 2011 1411

New Delhi : Dalmia Cement (Bharat) Ltd has informed that it is going to merge its cement, power and refractory businesses into its Dalmia Bharat Enterprises. The new unit is going to....

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Mah govt may invite RFQ for Navi Mumbai airport by June-end

Friday 17th Jun 2011 1355

Mumbai : Maharashtra Government is likely to invite 'Request For Qualification' (RFQ) for the construction of the Navi Mumbai airport by month-end, whose master plan was approved recently. "We will float the....

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Cement Manufacturers To Increase Price By Rs 10-12 Per 50 Kg Bag

Friday 17th Jun 2011 1361

New Delhi : The budget move to restructure excise duty on cement may increase retail costs by around Rs 10-12 per 50 kg bag and increase the construction rate. The administration's verdict....

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ACC quarterly profit dips 10.86 percent

Friday 17th Jun 2011 1354

Mumbai : Cement major ACC Ltd Tuesday reported a 10.86 percent decline in its net profit for the quarter ended May 31, which stood at Rs. 350.17 crore as against Rs.....

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Angel Broking neutral on India Cements

Thursday 16th Jun 2011 1356

New Delhi : Angel Broking has maintained neutral rating on India Cements (INC), in its June 1, 2011 research report. “India Cements (INC) posted 44.3% yoy growth in net profit to Rs 55cr....

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