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Wonder Cement follows online payment model for limestone royalty

India Infoline News Service | Mumbai | January 30, 2015 09:52 IST

As per mineral concession rules, Wonder Cement has to pay a royalty to the State Government monthly based on the extraction from the mines.

UltraTech Cement Q3 net profit at Rs400 crores

India Infoline News Service | Mumbai | January 23, 2015 16:23 IST

Total Income is Rs. 59810.40 million for the quarter ended December 31, 2014 where as the same was at Rs. 52382.20 million for the quarter ended December 31, 2013.

UltraTech Cement inks pact to buy 2 more JP Associates units

India Infoline News Service | Mumbai | January 23, 2015 16:12 IST

The acquisition will be by way of a Scheme of Arrangement (the Scheme) between JAL and the Company and their respective shareholders and creditors.

Orient Cement Q3 PAT up by 35.7%

India Infoline News Service | Mumbai | January 22, 2015 14:41 IST

Total Income grew by 12.6%, and stood at Rs.384 crore, as against last year's Rs.341 crore.

Lafarge India plans to buy back 14% stake from Barings Asia: Reports

India Infoline News Service | Mumbai | January 21, 2015 06:55 IST

This move comes after Lafarge and Holcim announced their intention to merge their global assets.

Orient Cement board to consider Interim Dividend

India Infoline News Service | Mumbai | January 20, 2015 08:32 IST

The stock has hit a high of Rs. 195.45 and a low of Rs. 182.45.

Sanghi Industries to invest Rs 250 crore in renewable energy and port development

India Infoline News Service | Mumbai | January 19, 2015 14:56 IST

Sanghi Industries has signed a contract for installation of Waste Heat Recovery System at its cement plant in Kutch, Gujarat whereby 15 MW power will be generated from the waste gases released in the air.

Kajaria Ceramics confident of growing 20% plus for the year: Ashok Kajaria

India Infoline News Service | Mumbai | January 14, 2015 17:57 IST

The stock of the company closed up 2.66% at Rs. 637.80. It hit a high at Rs. 644.60 and low at Rs. 622.20.

Kajaria Ceramics Q3 PAT Rs. 45.6 cr

India Infoline News Service | Mumbai | January 14, 2015 13:43 IST

Total Income has increased from Rs. 4277.00 million for the quarter ended December 31, 2013 to Rs. 5564.50 million for the quarter ended December 31, 2014.

Q3 Results: Whats in store for Cement sector?

India Infoline News Service | Mumbai | January 08, 2015 18:12 IST

Pick-up in construction activities is yet to be seen. However, a more infra and housing focused fiscal budget could translate into higher demand in FY16.

UltraTech stock firm: cement units' acquisition to be funded by internal accruals: CFO

India Infoline News Service | Mumbai | December 26, 2014 10:05 IST

At 10:07AM, the stock of the company is trading down 1% at Rs. 2600.

UltraTech, ACC, Ambuja stock hiked cement rates by Rs10-25/bag: Reports

India Infoline News Service | Mumbai | December 24, 2014 12:09 IST

UltraTech Cement shares hit 5% upper circuit at Rs. 2,654.

UltraTech Cement to acquire two cement plants from JP Associates

India Infoline News Service | Mumbai | December 24, 2014 08:10 IST

This acquisition will create significant synergies and the surplus clinker will enable UltraTech to augment its cement capacity by a further 1.8- 2.5 MTPA in addition to the 4.9 MTPA mentioned above.

India Cements plans to raise 500 crore; stock 2% up

India Infoline News Service | Mumbai | December 10, 2014 09:29 IST

At 9.30 AM, the stock was up 1.81% at Rs. 87. The stock has hit a high of Rs. 87 and a low of Rs. 85.

Cement story: Focus on volumes depresses prices, says IIFL

India Infoline News Service | Mumbai | December 05, 2014 16:35 IST

The current depletion in the demand of cement as well as an incessant brawl for market share, is affecting the prices adversely.

Dalmia Cement (Bharat) arm acquires balance 26% stake in Bokaro Jaypee

India Infoline News Service | Mumbai | November 28, 2014 18:49 IST

The total consideration for 100% acquisition of BoJCL is same as that of the earlier 74% purchased from Jaiprakash Associates Limited (i.e. aggregate Enterprise Value of Rs 1150 crores for 100% stake).

UltraTech plans to raise $1.2 bn

India Infoline News Service | Mumbai | November 28, 2014 07:25 IST

Report said that UltraTech has made a non-binding offer to take over Holcim's Brazilian assets.

JSW Cement launches 'Banao Pyaar Se' TV campaign

India Infoline News Service | Mumbai | November 25, 2014 15:55 IST

Emotional touch is one of the key elements of this JSW Cement brand campaign.

CCI approves JP Associates proposed sale of Cementary unit

India Infoline News Service | Mumbai | November 19, 2014 10:04 IST

CCI told in a report that the proposed combination is not likely to have an appreciable adverse effect on competition in India in any of the relevant market.

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Reports

Another day, another high

India Infoline News Service / 09:04, Jan 22, 2015

The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.

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