Cement
NCLT Clears Merger of Adani Cementation with Ambuja Cements, Effective from April 2024
Sanction has been granted by the National Company Law Tribunal against a historical merger scheme for the Adani Group toward the consolidation of...
IIT Indore Develops Cement-Free Concrete, Cuts Emissions by 80% Using Industrial Waste
A major leap towards sustainability in construction, IIT Indore has developed a cement-free concrete which is capable of cutting carbon dioxide emissions by...
Cement Sector Eyes Up to 80% Profit Surge in June Quarter on Price Gains
Still, in the cement sector, sources believe that cement firms will register higher net profits (30% to 80%) for the April-June quarter of...
Mangalam Cement Shares Rise as Firm Wins Rajasthan Mining Bid; Promoter Stake Grows
Shares of Mangalam Cement Ltd edged up 1.91% to ₹762.20 on Tuesday after the company was declared as the Preferred Bidder for a...
CONCOR to Shift Cement Transport from Road to Rail with 1,000 Specialised Tank Containers
Container Corporation of India (CONCOR), being an Indian Railway enterprise, is now in the process of procurement of a thousand special tank containers...
UltraTech Refutes Reports of CCI Probe in Alleged Cement Cartel Case
The country’s largest cement producer, UltraTech Cement, has categorically denied media reports suggesting it was under investigation by the Competition Commission of India...
CCI Seeks Financial and Tax Records from Cement Majors in ONGC Bid Rigging Probe
The Competition Commission of India has asked UltraTech, Dalmia Cement, Shree Digvijay, and Sunrise Enterprises to submit financial and tax records in a...
Cement Stocks Hit 52-Week Highs Amid Strong Sector Outlook Despite Market Weakness
Shares of top cement companies, including UltraTech, Ramco, Dalmia Bharat, and JK Lakshmi Cement, surged to 52-week highs on Wednesday, bucking the broader...
UltraTech Cement Adds 1.8 MTPA Capacity with New Maihar Mill, Total Now at 192 MTPA
Augmenting its colossal grey cement capacity, but almost 1.8 million tonnes per annum (MTPA) of its domestic grey cement brings to focus UltraTech...
India’s Core Sector Growth Slows to 9-Month Low at 0.7% in May
It was first reported by the Commerce Ministry on Tuesday; that India’s eight core infrastructure sectors grew only by 0.7% in May, which...
