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UltraTech Sets ₹10,000 Cr Capex for FY26, Eyes 200 MTPA Milestone Amid Cement Boom

UltraTech Cement moves for a massive expansion with ₹10,000 crore capital expenditure for FY26 to consolidate the existing production capacity and improve the...

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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...

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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...

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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...

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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...

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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...

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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...

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Ramco Cements Eyes Turnaround as Cement Cycle Shows Early Signs of Revival

After nearly a decade of stagnant cement prices and eroding margins, Ramco Cements may be on the brink of a long-awaited cyclical upswing,...

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Cement Sector Eyes Strong Rebound in FY26 on Government Push, Rural Demand

With a subdued FY25, India’s cement sector is looking forward to a robust FY26, driven by increased government infrastructure expenditure and revived rural...

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India Launches First CCU Testbed Cluster to Cut Cement Industry Emissions

Under a large initiative aimed at lessening the carbon footprint of one of the country’s most polluting industries, the Government of India has...