Prism Cement Ltd has announced that it has agreed to acquire 15.23% (post acquisition) equity stake for approximately Rs. 21 Crores in BLA Power Private Limited, which is in the sole business
For the March quarter, south-based cement maker India Cements Ltd put up a decent show on the back of higher demand. Noticeably, it toed the line of its counterpart, Ramco Cements Ltd,
Prism Cement Ltd has entered into a Supply Agreement with ECO Cements Limited. According to the terms of the agreement ECL will manufacture and supply cement to Prism Cement as per the
JK Lakshmi Cement on Wednesday reported a multi-fold jump in standalone net profit at Rs 48.38 crore for the quarter ended March 31, helped by better sales and cost optimisation measures. The
Global demand for cement and concrete additives is forecast to grow at a healthy pace, reaching $24.0 billion in 2019. These increases reflect continuing growth in construction activity across the globe that
The Heavy Industry Minister Anant Geete has arranged a meeting with officials of the Telangana state government and the Cement Corporation of India (CCI) to discuss the possibility of opening the closed
LafargeHolcim Ltd, which is selling Lafarge’s India assets to meet a regulatory requirement, has shortlisted at least six groups, either individually or in a consortium, and will now invite binding offers from
Aditya Birla Group firm Grasim on Saturday reported a 40 per cent jump in net profit at Rs 724 crore for the March quarter as compared to Rs 516 crore in the
The government plans to revive state-run cement factories across the country, a move that could substantially bring down road and housing construction costs besides giving a push to the stressed infrastructure sector.
The domestic cement sector is likely to witness improvement in demand due to pickup in construction activities and expected favorable monsoon this fiscal, a report said. Having seen a moderate demand improvement in