State cement units may be revived to boost infra and curb cartels

June 2016

In a move by the government that could substantially bring down construction costs for roads and housing, giving the infrastructure sector the push i...

Tags: Government, Infrastructure sector, State-run cement factories, CREDAI, CCI

Dalmia withdraws appeal against Lafarge-Holcim merger

June 2016

The Competition Appellate Tribunal (Compat) accepted Dalmia Cements-' application for withdrawal of its appeal to challenge the proposed merger of La...

Tags: Competition Appellate Tribunal, Dalmia Cements, Lafarge, Holcim

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

LafargeHolcim to benefit from government´s infra spending

May 2016

LarfargeHolcim, European cement manufacturers with a presence in India, expects to benefit if the government´s plan to ramp up infrastructure spendin...

Tags: LarfargeHolcim, European cement manufacturers, Infrastructure, GDP

Mahagenco to set up subsidiary for cement

May 2016

Mahagenco to set up cement plants by teaming up with cement companies, which is expected to provide huge revenue to the company and bring down cost o...

Tags: Mahagenco, Cement, Power plants

UltraTech buys Jaypee cement units

May 2016

UltraTech Cement recently brought Jaiprakash Associates´ 21.2 mtpa cement capacity for Rs 15,900 crore. While the deal will take UltraTech´s cement c...

Tags: UltraTech Cement, Jaiprakash Associates, Cement

Cement sector to see improvement in demand in FY17

May 2016

The domestic cement sector is expected to witness improvement in demand due to pickup in construction activities....

Tags: Cement, YoY, Healthier, Construction

Nine firms line up for Lafarge India BID

May 2016

Lafarge India has received nine non-binding bidders for its 11-million-tonne asset, valued at around Rs 10,000 crore. ...

Tags: Lafarge India, Non-binding bidders, Competition Commission of India, PE firms Blackstone, Baring Asia, CPPIB, JSW Infra, Piramal Enterprises, Ramky Infra