CCI fines 11 cement firms with Rs 6,700 crore

September 2016

The Competition Commission of India (CCI) has imposed more than Rs 6,700 crore penalty on 11 cement companies – UltraTech, Binani, Ramco, Jaiprakash ...

Tags: Competition Commission of India, UltraTech, Binani, Ramco, Jaiprakash Associates, JK Cement, Lafarge, India Cements, ACL, ACC, Century, Shree Cement, CMA, Economic development

Shree Cement Q1 net up four-fold to Rs.508 cr

September 2016

Shree Cement has reported an over four-fold jump in its standalone net profit at Rs 507.67 crore for the quarter ended June 30, 2016. The firm had cl...

Tags: Shree Cement, Clocked

Shree Cement secures coal linkage

August 2016

Shree Cement has won the bid for coal linkages from state-run Coal India subsidiary, South Eastern Coalfields (SECL), for 80,000 tonne annually...

Tags: Shree Cement, Coal linkages, South Eastern Coalfields

Dalmia, Shree vie for LafargeHolcim's Lankan operations

July 2016

Domestic cement majors such as Dalmia Bharat, Shree Cements along with South-based Ramco are in pursuit of LafargeHolcim's Sri Lankan operations....

Tags: Domestic cement, Dalmia Bharat, Shree Cements, Ramco, LafargeHolcim, Sri Lankan, Chinese, Thai cement, Baring Asia, Island nation

Innovation needed in cement companies

July 2016

According to a report by Carbon Disclosure Project (CDP), three Indian cement companies have significantly reduced emissions among the top 12 produce...

Tags: CDP, Indian cement companies, ACC, Ambuja, Shree Cement, Paris agreement, CDP India, Cement industry, Paris Agreement

Shree Cement Q4 net profit surges

July 2016

Shree Cement reported an 87 per cent increase in standalone net profit to Rs 223.34 crore for the quarter-ended March 2016. ...

Tags: Shree Cement, Regulatory, Standalone net profit

Cement firms to see best fourth quarter performance

May 2016

Cement stocks have been buzzing with activity on the bourses of late. While large-cap stocks such as ACC, Ambuja Cements, Shree Cement and UltraTech ...

Tags: Cement stocks, ACC, Ambuja Cements, Shree Cement, UltraTech, Union Budget

Cement companies struggle amid falling prices

March 2016

Only a few large cement companies with pan-India presence and lighter balance sheets are expected to report growth in the next four quarters. Compani...

Tags: Cement, UltraTech Cement, Shree Cement