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Ambuja Cements says buys stake in Nepal firm

Wednesday 8th Jun 2011 142

New Delhi : Ambuja Cements Ltd , India's No 3 cement maker, said on Monday it has bought an 85 per cent stake in Nepal's Dang Cement Industries for about 191 million....

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SECTOR UPDATE: Cement

Tuesday 7th Jun 2011 142

Mumbai : The prospects for the next few months are likely to remain subdued in light of the weak demand, analysts say. The cement sector continued its dismal performance in May....

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Niraj Cement inks pact with Goa State Infrastructure Development

Tuesday 7th Jun 2011 140

Goa : Niraj Cement Structurals Ltd has said that the Company have entered into an agreement with Goa State Infrastructure Development Corporation Limited for construction of bypass road for mining traffic....

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Ambuja Cement plans integrated cement plant at Budavada

Monday 6th Jun 2011 144

Mumbai : Ambuja Cements is planning to set up a integrated cement plant at Budavada near nadikudi in Gurazala mandal in Guntur district of Andhra pradesh.The project involves setting up of....

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Hold India Cements; target of Rs 90: PINC Research

Monday 6th Jun 2011 140

Mumbai : PINC Research has recommended hold rating on India Cements with a target of Rs 90, in its May 31, 2011 research report. “India Cements’ (ICEM) Q4FY11 results were marginally ahead....

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Cement Cos Poised For Higher Margins

Saturday 4th Jun 2011 140

New Delhi : India cement manufactures,under cost and over capacity pressure,have reasons to celebrate the Meteorological Department's initial forecast of a normal monsoon this year which should allow the country to harvest....

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ACC announces Rs. 280cr expansion

Saturday 4th Jun 2011 140

Udupi : Country’s largest cement manufacturing company, Associated Cement Company (ACC) has drawn up a plan to augment the manufacturing capacity of its plant at Udupi in Karnataka entailing an investment....

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High interest cost will hurt EPS

Friday 3rd Jun 2011 141

Mumbai : Besides construction and real estate, even consumer staples and telecom are likely to be substantially hit. The negative impact of an inflationary environment on corporate profitability is already a big....

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Acc Introduces Green Cement

Friday 3rd Jun 2011 139

Bengaluru : Acc,India's foremost cement manufacture and pioneer in cement and concrete technology,launched 'Concrete+',a premium eco-friendly cement brand in banglore.

Concrete+ is technology advanced cement in terms of higher strength and durability.This....

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Cement producers to face weak operating environment in 2011-12: CRISIL

Thursday 2nd Jun 2011 143

New Delhi : CRISIL expects additional cement capacities of around 70 million tonnes to come on stream in 2010- 11 and 2011-12. However, demand growth has been lagging: demand grew by only....

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