RECENT NEWS
Reuters  8 hrs ago  Comment 
* Cemex announces change and variation to take-over bid for trinidad cement limited
The Hindu Business Line  Jan 6  Comment 
The government’s demonetisation initiative is expected to derail the growth of the cement sector, says India Ratings and Research (Ind-Ra). “Cement production is likely to grow by around 4 per cen ...
The Economic Times  Jan 5  Comment 
The company has received a letter of intent from Shree Cement for civil work of plant building & silos work at their Orissa Grinding Project.
The Hindu Business Line  Jan 4  Comment 
Petron Engineering Construction on Wednesday said that it has received a letter of intent from Shree Cement for civil works at its grinding project in Orissa. The value of the contract is ₹33 crore, ...
The Economic Times  Jan 3  Comment 
This includes import of raw material under the Advance Authorization scheme and import of capital goods under Export Promotion Capital Goods authorization scheme.
The Hindu Business Line  Jan 3  Comment 
The profit margins of cement companies may come under pressure on the back of falling demand and rising operational cost post demonetisation. The impact of demonetisation will flow to the economy ...
New York Times  Dec 31  Comment 
With three weeks left in office, the president is using all his powers to cement his legacy and make undoing it that much harder for his successor.
The Hindu Business Line  Dec 29  Comment 
Ambuja Cement has tied up with ICICI Bank to drive cashless transactions among its business partners — retailers, contractors and masons — and help them open current accounts for regular business tr...
guardian.co.uk  Dec 29  Comment 
Operator has suggested that shippers had a right to terminate their contracts with the project if the pipeline was not operating by a 1 January deadline Indigenous activists are focussing on the Dakota Access pipeline’s finances before Donald...
The Economic Times  Dec 28  Comment 
Sectorally, FMCG, cement and automobile stocks are witnessing high rollover of positions while stocks from capital goods space are witnessing relatively low rolls.




 

Besides producing cement, many of these companies produce ready-mix concrete, asphalt, aggregates, and concrete structures. Cement industry is local in nature, because the weight to value ratio of cement and other building materials is relatively low.

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