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Tuesday 23rd Aug 2011    1241
Political impasse hurts cement demand
 
Chennai : CHENNAI: Cement consumption in India fell for the first time in nearly two decades during the April-June quarter as political impasse in large consumer states holds up infrastructure and....
 
 
Tuesday 23rd Aug 2011    1253
Cement prices may recover post-monsoon
 
New Delhi : Cement prices are expected to recover after the monsoon ends due to a likely pick-up in construction activity, the Centre for Monitoring Indian Economy has said. "We expect cement prices....
 
 
Tuesday 23rd Aug 2011    1249
Housing slump, monsoon may hit India Cements this quarter
 
Chennai : Chennai-based India Cements benefited from curtailed output among players in the South in the June 11 quarter. In addition, there was a strong improvement in realisations on a per-tonne....
 
 
Monday 22nd Aug 2011    1253
SAIL to invest Rs 10k cr to develop mines
 
New Delhi : Steel Authority of India Ltd (SAIL) will invest Rs 10,264 crore to develop mines catering to its increased raw material requirement upon completion of an ambitious expansion programme. The Maharatna....
 
 
Tuesday 23rd Aug 2011    1244
JSW refinances Rs 6,000-cr Ispat debt
 
Mumbai : JSW Ispat Ltd has completed the Rs 6,000 crore debt refinancing deal. A source close to the development confirmed the new average interest rate for the refinance is 11.75....
 
 
Monday 22nd Aug 2011    1243
Global steel output in July rises 12%
 
New Delhi : The global steel production in July rose by 11.5% to 127 million tonne over the same month last year, the World Steel Association (WSA) said today. India's contribution to the....
 
 
Monday 22nd Aug 2011    1252
Back Volumes drive top line growth in June quarter
 
Mumbai : To sustain market share and ensure demand wasn’t hit, firms opted for calibrated increase in prices, despite cost inflation. Higher volumes, rather than pricing gains, played an important role in....
 
 
Monday 22nd Aug 2011    1248
IL&FS, DQE, Bartronics & Gayatri Q1 rusults
 
Chennai : IL&FS Engineering and Construction Ltd, formerly known as Maytas Infra Ltd, posted a net loss of Rs 14.11 crore in the three months to June 30, compared with Rs....
 
 
Monday 22nd Aug 2011    1240
Probe sought into road construction work
 
Gaya : GAYA: The mystery surrounding the road construction materials sample collected on December 29, 2010, has brought back the memories of Satyendra Dubey case. In his complaint addressed to the....
 
 
Monday 22nd Aug 2011    1239
Jindal Steel raises Rs 2,137 crore for expansion in Oman
 
Mumbai : MUMBAI: Jindal Steel & Power, a steel maker and power generator, has raised $475 million (about 2,137 crore) through the takeout financing route, to part finance expansion plans overseas,....
 
 
 
 
 
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