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Construction & Infrastructure News

Ambuja profit down

December 2015

Ambuja Cements has registered a net profit of Rs 154 crore in its quarter ending September.This is a decline of 35.6 per cent over the same period la...

Ambuja Cements, Tonne, Sales, Volume

Amma cement sells 27,056 MT

December 2015

The Tamil Nadu Government has sold 27,056.80 metric tonne of Amma cement since its launch in January this year...

Tamil Nadu Government, Amma cement, Construction Works, Open Market, Tonne

Reliance Cement starts online retailing

December 2015

Reliance Cement Company (RCC), a subsidiary of Reliance Infrastructure, forayed in the online space to sell cement in Uttar Pradesh. ...

RCC, Reliance Infrastructure, Uttar Pradesh, E-tailing

Binani Cement debt may be turned into equity

December 2015

Lenders to Binani Cement are planning to convert a total debt of Rs 3,000 crore in the company to equity....

Binani Cement, SDR, RBI, Central Bank Of India, Equity

Jaypee Group to sell cement portfolio

December 2015

Jaypee Group has revived its negotiations with Sajjan Jindal's JSW to sell its entire 20-22 mn tonne cement portfolio in a bid to significantly impro...

Jaypee Group, Sajjan Jindal, JSW Cement, JV

CCI clears Heidelberg-Italcementi deal

November 2015

Competition Commission of India has approved German firm Heidelberg Cement´s proposed acquisition of Italcementi SpA. Under this transaction, Heidelb...

Competition Commission of India, Heidelberg Cement, Italcementi SpA

Reliance Infrastructure to exit cement business

November 2015

Reliance Infrastructure, a part of Anil Ambani-led Reliance Group has decided to exit the cement business by selling the privately held Reliance Ceme...

Reliance Infrastructure, Anil Ambani, Reliance Group, Reliance Cements, Morgan Stanley, SBI Caps, Pipavav Defence, Cement, Offshore Engineering

CREDAI appeals against price cartelisation

November 2015

Realty developers´ body, the Confederation of Real Estate Developer´s Associations of India (CREDAI), has approached the Competition Commission of In...

Realty developers, CREDAI, Real Estate Developer´s Associations, Competition Commission of India, cease and desist
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