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Cement News

28 Jul 2024

UltraTech Cement Acquires Majority Stake In India Cements At High Premium

UltraTech made a financial investment in India Cements to acquire 22.77 per cent equity at a price of Rs 268 per share in June this year.

15 Oct 2022

Gorakhpur: Gallant Group's cement factory in Purvanchal, employment opportunities will increase

The first cement factory has been set up in Gorakhpur, UP and the production of cement has also started in it. The chairman of Gallant group said that new technology has been used in this unit.

Ultratech Cement

17 Jan 2022

UltraTech Cement shares jump nearly 3% after earnings announcement

On NSE, shares of the company gained 2.73 per cent to settle at Rs 7,870.10 apiece. The leading cement producer had posted a net profit of Rs 1,584.58 crore in the October-December quarter a year ago.

Core industries growth

26 Feb 2021

Eight core industries output grew 0.1 per cent in January 2021

The core sectors had expanded by 2.2 per cent in January 2020 Coal, crude oil, natural gas, refinery products, and cement recorded negative growth in January. The output of fertiliser, steel and electricity in January grew by 2.7 per cent, 2.6 per cent and 5.1 per cent.

core sectors growth

31 Aug 2017

Eight core sectors growth slips to 2.4% in July

The growth of eight core sectors slowed to 2.4 percent in July due to contraction in output of crude oil, refinery products, fertiliser and cement.

India's core sector growth

31 Mar 2017

Core sector growth slows down to 1% in February

The growth of eight core sectors slowed down to 1 percent in February mainly due to contraction in output of crude oil, natural gas, refinery products, fertiliser and cement.

Infra sector growth

02 Jan 2017

India's core infrastructure sector growth rises to 4.9% in November

Infrastructure sector recorded a growth rate of 4.9 percent in November on the back of impressive performance by steel, electricity and coal products.

31 Aug 2016

CCI slaps Rs 6,715 crore fine on 11 cement companies including ACC, Ultratech

Competition Commission Wednesday imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.

India's core sector growth

31 Aug 2016

July core sector growth at 3.2% vs 5.2% in June

Infrastructure sector grew at 3.2 percent in July mainly because of improvement in performance of energy sector, especially refinery output.

13 Mar 2016

Shocking! Man buried alive in MP after workers mistakenly poured cement over him - Watch

The workers then flattened the concrete using a steam roller to level the gravel.

Ultratech Cement

28 Feb 2016

Birla's UltraTech buys JP's cement plants for Rs 17,000 crore

Aditya Birla Group firm UltraTech Sunday announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 billion), making it the biggest deal in the sector.

03 Feb 2016

Coal linkages to cement, steel sectors via auction: Cabinet

Allocation of coal linkages for the non-regulated sector, which includes steel and cement, will be only through the auction route to ensure transparency, government said Wednesday.

28 Oct 2015

Ambuja Cements Q3 Net falls 36%; CFO Sanjeev Churiwala resigns

Ambuja Cements Wednesday reported 36 percent decline in its standalone net profit at Rs 153.57 crore for the third quarter ended September 30, 2015, due to an additional depreciation charge, among other factors.

Core sector growth

30 Sep 2015

India's core sectors growth slows to 2.6% in August

Coal, cement and electricity output slowed down to 0.4 percent, 5.4 percent and 5.6 percent respectively during the last month as compared to 13.2 percent, 10 percent and 12.9 percent.

25 Jun 2015

Lafarge names Ujjwal Batria its India CEO

French cement maker Lafarge Thursday said it has appointed Ujjwal Batria, an old company hand, Chief Executive of its India operations.

Ultratech Cement

28 Apr 2015

CCI clears UltraTech's purchase of JAL's two cements plants

UltraTech's proposed buyout of two cements plants from Jaiprakash Associates Ltd (JAL) has got the approval of fair trade watchdog CCI, which said the deal is unlikely to have an adverse impact on competition.

27 Apr 2015

Shree Cement acquires Jaypee Cement unit for Rs 358 cr

Shree Cement has completed the acquisition of a cement grinding unit of Jaiprakash Associates for Rs 358.22 crore.

14 Apr 2015

ACC net profit hit by low demand, dives 41%

Cement maker ACC Tuesday reported a drop of 40.84 percent in its consolidated net profit to Rs 236.54 crore for the quarter ended March 31 owing to slackened demand in the domestic market.

Core sector growth

31 Mar 2015

Core sector growth slows down to 1.4% in February

The eight core sector industries — coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity.

Commerce Ministry

02 Mar 2015

Com & Ind Min seeks imposition of import duty on cement

The Commerce and Industry Ministry today sought imposition of import duty on cement in order to boost exports from the country and provide a level playing field to domestic manufacturers of the commodity.

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