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Competition Commission of India imposes penalties upon cement companies for cartelisation

The Competition Commission of India (CCI) has imposed penalties upon 10 cement companies and their trade association i.e. Cement Manufacturers Association (CMA) for cartelisation in the cement industry. The final order has

14 Sep 2016

Cement, concrete & Precast

KHD to install 3-string preheater at Shree Cement

KHD and Shree cement have a long history of bringing innovation to the Indian cement industry. Shree Cement has implemented 11 KHD high-efficiency kiln lines and many grinding stations, including 10 KHD

12 Sep 2016

Cement, concrete & Precast

CCI imposes Rs 6,700 crore fine on 10 cement companies, including ACC, Ultratech and Lafarge for cartelization

The Competition Commission of India asked 11 cement companies and their lobby group Cement Manufacturers Association (CMA) to pay a fine of Rs 6,714 crore (see graphic) for alleged cartelisation, standing by

09 Sep 2016

Cement, concrete & Precast

Birla Corp completes acquisition of Anil Ambani’s Reliance Cement at Rs 4,800 crore

Birla Corporation said it has completed acquisition of Anil Ambani's cement business, a wholly-owned arm of flagship Reliance Infrastructure, for an enterprise valuation of about Rs 4,800 crore. Following this, Reliance Infrastructure's

23 Aug 2016

Building Products·Cement, concrete & Precast

Fundamental picks by Reliance Securities: UltraTech Cement, JK Cement among top bets in cement sector

Cement industry has continued on its path of robust performance even as the demand has softened during the last quarter. The industry’s performance has improved mainly on account of better-than-expected reduction in

23 Aug 2016

Building Products·Cement, concrete & Precast

Ambuja-HIPL merger effective : ACC

Cement maker ACC said the merger of Ambuja Cements and Holcim (India) Pvt Ltd (HIPL) will be effective "Scheme of Amalgamation between Ambuja Cements and HIPL and their shareholders and creditors, which

17 Aug 2016

Cement, concrete & Precast

Precast Everywhere

In the last few years, precast construction has become a popular choice of building technology. This style of construction seems to be gradually changing the urban landscape, and generating employment. While there

16 Aug 2016

Cement, concrete & Precast

Shree Cement to set up Rs 600 crore cement plant in Jharkhand

Shree Cement, mid-sized cement manufacturer with operations in multiple states has signed a memorandum of understanding with the Jharkhand government to set up a two-million tons a year grinding unit in Seraikela

08 Aug 2016

Cement, concrete & Precast

Emami eyes pan-India cement footprint in 5-7 years

Emami group plans to have a national footprint for its cement business in next 5-7 years by setting up plants in Rajasthan and Karnataka. "We have plans to set up cement plants

08 Aug 2016

Cement, concrete & Precast

Cement demand to rise 6 per cent in FY17 on infra push, rains: Icra

Cement demand is likely to increase 6 per cent this fiscal from 5 per cent in 2015-16 on the back of better monsoons and government focus on developing infrastructure, rating agency Icra

02 Aug 2016

Building Products·Cement, concrete & Precast·Construction

Cement, concrete & Precast - Page 26

Competition Commission of India imposes penalties upon cement companies for cartelisation

KHD to install 3-string preheater at Shree Cement

CCI imposes Rs 6,700 crore fine on 10 cement companies, including ACC, Ultratech and Lafarge for cartelization

Birla Corp completes acquisition of Anil Ambani’s Reliance Cement at Rs 4,800 crore

Fundamental picks by Reliance Securities: UltraTech Cement, JK Cement among top bets in cement sector

Ambuja-HIPL merger effective : ACC

Precast Everywhere

Shree Cement to set up Rs 600 crore cement plant in Jharkhand

Emami eyes pan-India cement footprint in 5-7 years

Cement demand to rise 6 per cent in FY17 on infra push, rains: Icra

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Cement, concrete & Precast - Page 26

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