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Construction & Infrastructure News

Cement firms with north or central exposure better off

November 2016

Cement companies having substantial exposure to northern and central India are expected to report stronger earnings in growth as compared to pan-Indi...

Cement companies, YoY, Kotak Institutional Equities report

UltraTech to hike cement prices

November 2016

UltraTech Cements plans to hike its cement prices due to subdued demand outlook and prospects of rising energy costs. Cement demand in the September ...

UltraTech Cements plans, Cement, Construction activities, Jaypee Cement

GCC opens new plant

November 2016

Georgian Cement Company (GCC) has opened its new cement plant in Poti, with an initial annual capacity of 0.25 mtpa. The plant has been set up in par...

Georgian Cement Company, Poti, Holcim, LafargeHolcim

Dalmia urges Centre to assist in energy conservation

November 2016

Dalmia Cements has urged the Centre to introduce a special package of concessions, particularly in taxes, for cement factories to encourage them to a...

Dalmia Cements, Cement factories, Equipment, Technology

Rise in cement demand to support prices

November 2016

Cement production registered a slow growth of 4.6 per cent during April-July 2016; however, this was higher than the 1.4 per cent growth in productio...

Cement production, Infrastructure segment, Road, Housing segments

CK Birla firm to buy two cement assets

November 2016

CK Birla group firm Orient Cement has struck twin deals with Jaiprakash Associates to buy its majority stake in a JV with SAIL and a grinding unit fr...

CK Birla group, Orient Cement, Jaiprakash Associates, SAIL, Nigrie Cement Grinding unit, JV, Bhilai Jaypee Cement

Malabar Cements to resume operations this month

November 2016

Malabar Cements, which slumped to a loss and stopped production for want of raw materials, will resume operations this month itself. Laterite require...

Malabar Cements, Laterite, Kasaragod, Raw material limestone

Nirma raises Rs.4,000 cr debt to fund Lafarge deal

October 2016

In the largest rupee bond sale for a leveraged buyout, Ahmedabad-based detergent major Nirma has raised a Rs 4,000-crore debt to buy the cement busin...

Nirma, Lafarge India, Cement, Instrument
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