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Construction & Infrastructure News

Cement industry picks up backed by government specnding on infra

June 2018

India's cement industry witnessed revival during FY18, backed by government spending on infrastructure. Sagarmala and Smart Cities continued to drive...

Cement industry, Sagarmala, Smart Cities, Infrastructure

UltraTech, ACC, Shree Cement see volume growth

June 2018

Despite cost pressure and absence of significant uptick in realisations, ACC, UltraTech Cement and Shree Cement have reported a decent performance fo...

ACC, UltraTech Cement, Shree Cement, Infrastructure

Penna Cement plans Rs.13 bn share sale

June 2018

Penna Cement Industries is planning to raise Rs 13 bn through an IPO and will file its draft offer documents with the markets regulator in about two ...

Penna Cement Industries, Edelweiss Financial Services, IIFL Holdings, JM Financial

Promoter submits over Rs.100 bn plan for Jaypee Infratech

June 2018

Jaypee group promoter Manoj Gaur has made a Rs 100 bn offer to pay off bank loans and complete housing projects as part of plans to bring Jaypee Infr...

Jaypee Group, Manoj Gaur, Jaypee Infratech

Cement prices rise for second consecutive month

June 2018

Cement prices rose for the second straight month but remained lower than a year ago in May, usually a busy month for construction ahead of the monsoo...

Cement prices, Construction

Govt to build cement plants near power plants to use fly-ash

April 2017

The Ministry of Environment, Forest and Climate Change will examine the possibility of building cement plants near power plants to use fly-ash. Only ...

Ministry of Environment, Forest, Climate Change, Pozzolana, Ministry of Environment, Forest, Climate Change, Pozzolana Portland Cement, Fly-ash

Demonetisation hits cement production

April 2017

Cement production saw a year-on-year decline for the first time since 2001 as demonetisation hit the building sector. India's cement industry has a c...

Cement production, Demonetisation, housing, Infrastructure, Commercial sectors

India Ratings maintains stable outlook for cement firms for FY2018

April 2017

India Ratings and Research (Ind-Ra) has maintained a stable outlook on cement manufacturers for FY2017-18 due to stable demand growth, despite an inc...

India Ratings, Research, Cement manufacturers, YoY, Infrastructure
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