Cement
Ambuja Cements Takes Over 37.8% Shareholding in Orient Cement, Becomes Promoter
Ambuja Cements, which is owned by the Adani Group, has finalized its takeout of a 37.8% shareholding in Orient Cement Ltd (OCL), becoming...
Cement Industry Sees 7.5% Growth This Year on Infra Drive and Rural Housing Demand
India’s cement demand is projected to grow 6.5-7.5% in FY26, driven by increased infrastructure spending, rural housing push, and higher budget allocations under...
UltraTech Cement to Acquire Wonder WallCare for ₹235 Crore, Expands Footprint in Wall Putty Market
Aditya Birla Group Company UltraTech Cement Ltd on Monday said it would acquire 100 percent equity in Wonder WallCare Pvt Ltd for an...
The Ramco Cements Sells ₹455 Crore in Non-Core Assets to Cut Debt
Ramco Cements has asset monetization of ₹455.03 crore in FY25 as part of the company’s asset monetization strategy which aims to reduce debt...
Cement Prices Plunge in South India, But Rebound Expected in Q1
South Indian cement prices fell sharply at a glance in March and at a bigger pinch than other regions owing to year-end volume pressures...
Father-Son Duo Develops Sustainable Cement Alternative with Superior Strength
A retired professor and his son have created an innovative answer to cement, in a major advancement for sustainable building. Their invention, ‘Alkali-Activated Concrete,’ not...
HIL Rebrands as BirlaNu, Increases AAC Block Capacity in Chennai
HIL, a business leader in building materials and one of the members of the $3 billion CK Birla Group, is rebranding itself as...
JK Lakshmi Cement Faces ₹45.6 Crore Tax Demand, Plans to Appeal
JK Lakshmi Cement Ltd, on the other hand, has got ₹45.6 crore tax demand from the Income Tax Authority for the AY 2022-23. The...
Tamil Nadu’s Limestone Tax to Rise Cement Prices, Hit Ramco and Dalmia Bharat
The Tamil Nadu government’s proposal to impose an additional ₹160 per tonne tax on limestone mining is likely to affect cement makers in...
Construction Industry Faces Crisis as Material Costs Double in Tamil Nadu
Tamil Nadu’s construction industry is in shock after the prices of essential commodities such as M-Sand, blue metal, and P-Sand showed a sharp rise....
