Construction Sector
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...
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...
TN Govt to Introduce Master Health Checkup Scheme for Building Workers
A forward step towards worker welfare in the construction industry was made by the government of Tamil Nadu, when they have proposed bringing...
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...
Centre Announces ₹15,000 Crore SWAMIH Fund 2.0 to Revitalize Inactive Housing Projects
Struggling homebuyers now may breathe their collective sighs of relief, for the government launches SWAMIH Fund 2.0 to make an extra allocation of...
UltraTech’s Strategy for India Cements Turnaround in 12 Months
UltraTech Cement Ltd. is taking decisive steps to drive a turnaround for India Cements Ltd. (ICL) within the next 12 months. It recently...
Andhra Pradesh to Boom in Real Estate: CM Chandrababu Naidu
Andhra Pradesh Chief Minister N Chandrababu Naidu, on Friday expressing his vision of a booming real estate sector for the state again hammered...
Cement Demand Growth to Moderate to 5-6% in FY25: CareEdge Ratings
The cement sector is projected to see demand growth moderate to 5-6% in FY25, down from 8-9% in recent years, according to CareEdge...
