Cement Industry
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GST Cut On Cement To Boost Sector, Accelerate Infra Growth: Industry Players
The GST rate reduction on cement will not only support domestic manufacturers but also accelerate the pace of infrastructure development and catalyse industrial expansion in India, industry players said on Thursday.
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Adani Group Firm Ambuja Cements Acquires Penna Cement At Rs 10,422 Crore Valuation
Ambuja Cements, an Adani group firm, today announced the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs 10,422 crore.
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Government Allows Conditional Import Of Petroleum Coke
The directorate general of foreign trade banned the use of imported petcoke as fuel, but said shipments for use as feedstock in certain industries were allowed.
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Cement Industry To See Pickup In Demand From Next Month: Report
It is unlikely to cast any significant impact as base of this segment was already at all-time low level and likely incremental consumption in infrastructure space will reverse the near-term decline, the report said.
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Ambuja Cements, ACC, UltraTech Gain on Hopes of Demand Recovery
Grasim Industries, ACC, UltraTech Cement and Shree Cements are the top pick of CLSA in the cement sector.
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Cement Firms' Profitability to Go Up in 2014-15: Care Ratings
Domestic cement makers' profitability is likely to improve in the ongoing fiscal year (2014-15) on higher realisation due to improved price, CARE Ratings said in a report on Monday.
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Cement Shares Fall after Freight Rate Hike
The cement industry transports nearly a third of its production through railways, and freight forms about a fourth of its operating expenses, investors say.
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BQ Survey | Cement Prices Fall For Fifth Straight Month
Cement prices fell for the fifth straight month in December due to a sharp fall in demand from southern India.
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BQ Survey | Cement Prices Jump The Most In Over A Year
All-India cement prices rose for the fourth consecutive month in April.
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BQ Survey | Is Pricing Power Back For Cement Industry?
Cement prices snapped a six-month decline in October and are expected to rise further, according to dealers’ survey.
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BQuick On Feb. 28: Top 10 News Stories In Under 10 Minutes
BQuick | Top news, must-read stories and columns – all served up in less than 10 minutes.
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BQuick On Feb. 28: Top 10 News Stories In Under 10 Minutes
BQuick | Top news, must-read stories and columns – all served up in less than 10 minutes.
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Davos 2019: Puneet Dalmia Expects Cement Makers To Regain Pricing Power
Headwinds for real estate will be more than compensated by affordable housing and infrastructure spending, says Puneet Dalmia.
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Semen Indonesia Is Poised to Buy LafargeHolcim Unit
LafargeHolcim agreed to sell its entire holding in PT Holcim Indonesia as part of a continuing review of its portfolio.
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Cement Prices May Increase By 10% In Next Six Months
Prices could rise by up to 10 percent in next six months to compensate for the industry’s high fuel and transportation costs.
-
GST Cut On Cement To Boost Sector, Accelerate Infra Growth: Industry Players
The GST rate reduction on cement will not only support domestic manufacturers but also accelerate the pace of infrastructure development and catalyse industrial expansion in India, industry players said on Thursday.
-
Adani Group Firm Ambuja Cements Acquires Penna Cement At Rs 10,422 Crore Valuation
Ambuja Cements, an Adani group firm, today announced the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs 10,422 crore.
-
Government Allows Conditional Import Of Petroleum Coke
The directorate general of foreign trade banned the use of imported petcoke as fuel, but said shipments for use as feedstock in certain industries were allowed.
-
Cement Industry To See Pickup In Demand From Next Month: Report
It is unlikely to cast any significant impact as base of this segment was already at all-time low level and likely incremental consumption in infrastructure space will reverse the near-term decline, the report said.
-
Ambuja Cements, ACC, UltraTech Gain on Hopes of Demand Recovery
Grasim Industries, ACC, UltraTech Cement and Shree Cements are the top pick of CLSA in the cement sector.
-
Cement Firms' Profitability to Go Up in 2014-15: Care Ratings
Domestic cement makers' profitability is likely to improve in the ongoing fiscal year (2014-15) on higher realisation due to improved price, CARE Ratings said in a report on Monday.
-
Cement Shares Fall after Freight Rate Hike
The cement industry transports nearly a third of its production through railways, and freight forms about a fourth of its operating expenses, investors say.
-
BQ Survey | Cement Prices Fall For Fifth Straight Month
Cement prices fell for the fifth straight month in December due to a sharp fall in demand from southern India.
-
BQ Survey | Cement Prices Jump The Most In Over A Year
All-India cement prices rose for the fourth consecutive month in April.
-
BQ Survey | Is Pricing Power Back For Cement Industry?
Cement prices snapped a six-month decline in October and are expected to rise further, according to dealers’ survey.
-
BQuick On Feb. 28: Top 10 News Stories In Under 10 Minutes
BQuick | Top news, must-read stories and columns – all served up in less than 10 minutes.
-
BQuick On Feb. 28: Top 10 News Stories In Under 10 Minutes
BQuick | Top news, must-read stories and columns – all served up in less than 10 minutes.
-
Davos 2019: Puneet Dalmia Expects Cement Makers To Regain Pricing Power
Headwinds for real estate will be more than compensated by affordable housing and infrastructure spending, says Puneet Dalmia.
-
Semen Indonesia Is Poised to Buy LafargeHolcim Unit
LafargeHolcim agreed to sell its entire holding in PT Holcim Indonesia as part of a continuing review of its portfolio.
-
Cement Prices May Increase By 10% In Next Six Months
Prices could rise by up to 10 percent in next six months to compensate for the industry’s high fuel and transportation costs.
