http://www.indiainfoline.com India Infoline News Service: Latest Financial, Stock Market News en-gb Copyright:(C) 2013 India Infoline Ltd. All rights Reserved. http://www.indiainfoline.com/images/IIFL_Footer_Logo.png http://www.indiainfoline.com http://www.indiainfoline.com/Markets/News/Buy-Shree-Cement-target-Rs.-5667share-IIFL-Inst-Equities/5709484550 It has a 12-month price target of Rs. 5,667, which is a 22% upside from its current market price of Rs. 4,639 per share. Mon, 17 Jun 2013 11:07:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-June-14-2013/5708621303 A strong pullback on Friday could not prevent key indices from extending their losing streak for the fourth consecutive week. Fri, 14 Jun 2013 15:02:00 GMT http://www.indiainfoline.com/Markets/News/SC-issues-notice-to-cement-cos/5704865012 Shares of Ultratech Cement was down 1% at Rs1866, while Ambuja cements stocks was flat at Rs173. Tue, 11 Jun 2013 05:13:00 GMT http://www.indiainfoline.com/Markets/News/Reduce-Ambuja-Cements-target-Rs.-174sh-IIFL-Institutional-Equities/5698363440 The brokerage has a 12-month price target of Rs. 174, which is a 5% downside from its current market price of Rs. 182 per share. Mon, 03 Jun 2013 11:06:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-May-31-2013/5697336876 With inflation falling below the 5% mark in April, rate cut expectations appears to have risen. But the RBI governor was quick to dismiss it citing high CPI inflation and upside risks to it. He went on to add that some growth sacrifice is inevitable to rein in inflation. Fri, 31 May 2013 13:11:00 GMT http://www.indiainfoline.com/Markets/News/Madras-Cements-Q4-net-profit-at-Rs641.50-mn/5695307079 Total Income has increased from Rs 9121.10 million for the quarter ended March 31, 2012 to Rs 9609.50 mn for the quarter ended March 31, 2013. Thu, 30 May 2013 07:07:00 GMT http://www.indiainfoline.com/Markets/News/OCL-India-Q4-PAT-up-223-percent-YoY-at-Rs.-32cr/5694638257 The company reported PAT of Rs. 32 crore for the quarter ended Mar 31, 2013 when compared to Rs. -26 crore in the corresponding quarter of FY12, showing a growth of 223%. Wed, 29 May 2013 12:02:00 GMT http://www.indiainfoline.com/Markets/News/India-Cements-slumps-post-Meiyappans-arrest/5691504126 At 10:57 the stock is tradin at Rs. 69.45 down by Rs. 2.10 or 2.9% on the National Stock Exchange (NSE). Total volume traded at the counter stands at 7.5 lakhs. Mon, 27 May 2013 05:26:00 GMT http://www.indiainfoline.com/Markets/News/Gurunath-Meiyappan-neither-owner-nor-CEO-of-CSK-India-Cements/5691076391 India Cements follows zero tolerance policy and if anyone is proved guilty, strict action will be taken immediately. India Cements assures full co-operation with BCCI and the Law Enforcement authorities Sat, 25 May 2013 13:15:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-May-24-2013/5691115276 On the domestic front, economic activity has been moderating as factory output continues to lose momentum and services growth decelerates. Domestic consumption, which was a bright spot, is fast fading. But on a positive note, with inflation trending lower, the Reserve Bank may be able to cut policy rates at its June 17 meet. Fri, 24 May 2013 11:00:00 GMT http://www.indiainfoline.com/Markets/News/plusve-on-cement-space-in-medium-term-buy-on-dips-IIFL-Inst-Eq/5690080935 The brokerage advises investors to use any sharp correction as a good buying opportunity Thu, 23 May 2013 10:30:00 GMT http://www.indiainfoline.com/Markets/News/India-Cements-down-3-percent-on-match-fixing-rumours/5688369995 India Cement stock is down by 3.1% on Wednesday, the stock is currently trading at Rs. 81.70 down by Rs. 2.65. Total traded volumes traded at the counter stands at 3.48 lakhs. Wed, 22 May 2013 06:32:00 GMT http://www.indiainfoline.com/Markets/News/Heidelberg-to-sell-Raigad-cement-grinding-unit-to-JSW-Group/5687786720 The Company had been exploring possible ways of improving margins of this grinding unit including the possibility to scale up operations but the same was not feasible due to infrastructural bottlenecks. Tue, 21 May 2013 14:42:00 GMT http://www.indiainfoline.com/Markets/News/Add-India-Cements-target-Rs.102sh-IIFL-Inst-Eq/5687662288 It has a 12-month target price of Rs. 102, an 18% upside from its current market price of Rs. 87 per share. Tue, 21 May 2013 10:45:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-May-17-2013/5685274749 Earlier in the week, markets declined sharply following higher-than expected trade deficit numbers. Trade deficit in April widened to $17.8bn. Exports increased 1.68% at $24.2bn while imports expanded 10.96% at $41.9bn. However, sentiments turned around after April WPI inflation fell to a 41-month low of 4.89%, it means that RBI has plenty of room to slash interest rates in its upcoming policy meet. Fri, 17 May 2013 12:46:00 GMT http://www.indiainfoline.com/Markets/News/HeidelbergCement-clarifies-reports-on-stake-sale/5685336965 The media had reports that Bain Capital may buy stake in HeidelbergCement India Limited. Fri, 17 May 2013 12:00:00 GMT http://www.indiainfoline.com/Markets/News/Lafarge-raises-euro-200m-to-accelerate-its-development-in-India/5682856102 Lafarge’s growth plans in India in all its product lines: Cement, Aggregates and Concrete. Wed, 15 May 2013 11:01:00 GMT http://www.indiainfoline.com/Markets/News/Sanghi-Ind-Q3-FY13-PAT-up-234-percent-to-Rs41.9cr/5680180814 Net sales in current fiscal’s Q3 was at nearly the same level at Rs 298.1 crore from Rs 297.1 crore in previous year’s Q3. Mon, 13 May 2013 08:45:00 GMT http://www.indiainfoline.com/Markets/News/Sanghi-Industries-PAT-up-234-percent-to-Rs-419mn-in-Q3-of-FY-2013/5680204145 Additionally, cost saving measures like debt reduction, higher captive power generation and increasing utilisation of cheaper sea route for transport of cement have given a further boost to profit margins. Mon, 13 May 2013 08:30:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-May-10-2013/5679511992 The Sensex surged past the 20,000 mark while the Nifty came close to its 2013 peak this week, overcoming last month's trade deficit concerns. On the political front, the Congress staged a comeback in the Karnataka assembly polls. India’s growth in industrial productivity accelerated to 2.5% YoY in March on better performance by the manufacturing and power sectors. Fri, 10 May 2013 12:30:00 GMT http://www.indiainfoline.com/Markets/News/Reduce-ACC;-Buy-UltraTech-Shree-Cement-IIFL-Inst-Eq/5674962447 The brokerage has a target price of Rs. 1,197 per share, a 2% downside from its current market price of Rs. 1,227. Mon, 06 May 2013 11:20:00 GMT http://www.indiainfoline.com/Markets/News/Reduce-Ambuja-Cements-IIFL-Inst-Eq/5674900231 It has cut its earnings estimates for CY13 and CY14 by 18% and 12%, respectively, owing to higher-than-expected increase in costs in Q1 CY13 Mon, 06 May 2013 10:40:00 GMT http://www.indiainfoline.com/Markets/News/See-target-of-Rs.-192sh-on-Ambuja-Cement-IIFL/5674853569 It has a 9-12 month target of Rs. 192 per share, an upside of 1.5% from its current market price of Rs. 189 Mon, 06 May 2013 10:27:00 GMT http://www.indiainfoline.com/Markets/News/ACC-Q1-PAT-at-Rs4.38bn/5673850336 Total Income has decreased from Rs. 31101.40 mn for the quarter ended March 31, 2012 to Rs. 30580.30 mn for the quarter ended March 31, 2013. Fri, 03 May 2013 13:37:00 GMT http://www.indiainfoline.com/Markets/News/Ambuja-Cements-Q1-net-profit-at-Rs4879mn/5673585918 Total Income has decreased from Rs. 27437.10 mn for the quarter ended March 31, 2012 to Rs. 27065.40 million for the quarter ended March 31, 2013. Fri, 03 May 2013 08:55:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-April-26-2013/5669401892 The Indian indices have been scaling on expectations of a rate cut at the RBI upcoming annual monetary policy review next week. Globally, major central banks are expected to ease monetary policy further. Fri, 26 Apr 2013 13:30:00 GMT http://www.indiainfoline.com/Markets/News/Buy-UltraTech-Cement-on-all-dips-IIFL-Inst-Eq/5666672165 The brokerage advises investors to use any sharp decline in the stock as a good entry opportunity from a medium-term perspective Tue, 23 Apr 2013 11:00:00 GMT http://www.indiainfoline.com/Markets/News/UltraTech-Cement-slumps-after-Q4-numbers/5665972235 The stock is trading at Rs. 1865.40 down by Rs. 62.15 or 3.2% on National Stock Exchange Tuesday at 3:20PM. The stock touched a high of Rs. 1931.80 and a low of Rs. 1858. Total traded volumes at the counter stood at 2.8lakh as against its five-day average of 2.62 lakh Tue, 23 Apr 2013 09:54:00 GMT http://www.indiainfoline.com/Markets/News/See-Ultratech-slipping-8-percent-to-Rs-1720sh-IIFL/5665715594 Brokerage IIFL has rated Ultratech Cement a market performer post declaration of its Q4 FY13 earnings. It sees the stock declining 8.1% to Rs 1,720 per share over the next 12 months. Tue, 23 Apr 2013 05:50:00 GMT http://www.indiainfoline.com/Markets/News/UltraTech-Cement-in-talks-to-buy-JP-Associates-cement-plants-in-Gujarat-report/5665490061 According to reports, the deal may be valued at Rs41bn. Tue, 23 Apr 2013 04:33:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-April-18-2013/5663716905 The price tumble of gold and more so the pace and quantum of the fall has not only jolted but also made even the most ardent proponents of the "gold bull market" to reconsider their stance on gold prices, at least for the near term. Thu, 18 Apr 2013 11:13:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-April-12-2013/5659330677 In the coming week, corporate earnings and management commentary will be keenly analysed for clues on meaningful improvement in business sentiment. In terms of data points, watch out for the latest Indian inflation numbers, Import-Export data and jobless claim report in US besides of course corporate numbers. Fri, 12 Apr 2013 11:53:00 GMT http://www.indiainfoline.com/Markets/News/Lafarge-India-unveils-Groups-new-positioning/5658926273 The new brand baseline ‘Building Better Cities’ demonstrates Lafarge’s position as a company offering innovative products and construction solutions to all its customers and stakeholder Fri, 12 Apr 2013 06:51:00 GMT http://www.indiainfoline.com/Markets/News/Like-Ambuja-Cements-ACC-Credit-Suisse/5656873145 Ambuja Cements and ACC are Credit Suisse's preferred picks from the cement space. It likes these companies on account of their strong balance sheets. For the sector as a whole, it expects a 7% growth in cement growth in FY14. It sees demand from the housing and infrastructure space growing at 8% and 5%, respectively. Wed, 10 Apr 2013 09:56:00 GMT http://www.indiainfoline.com/Markets/News/Buy-ACC-JK-Lakshmi-Cement-IIFL/5656118776 India Infoline expects cement companies to report a muted top-line growth in Q4 FY13 barring ACC and India Cement. It has recommend a buy on ACC and JK Lakshmi Cement. Tue, 09 Apr 2013 11:33:00 GMT http://www.indiainfoline.com/Markets/News/AGM-Speech-ACC-Limited/5653948993 The Board of Directors is recommending a higher dividend of Rs30 per share as compared to Rs28 last year. Sat, 06 Apr 2013 05:33:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-April-05-2013/5653692352 Slowdown in China and fall in commodity prices are among the major concerns for the Indian market too. The political uncertainty will continue to impact market movement. With talks of an early election on the cards, market may turn cautious in the near term. Fri, 05 Apr 2013 13:16:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-March-28-2013/5648450654 After last week’s DMK drama, the Samajwadi Party (SP) came in the limelight this week after the SP leader Mulayam Singh Yadav was seen very keen on his goal of making it bigger in the next elections. The SP leader signalled at pulling the plug soon on the United Progressive Alliance (UPA) government according to reports. Thu, 28 Mar 2013 12:19:00 GMT http://www.indiainfoline.com/Markets/News/Ambuja-Cements-launches-Alccofine-Micro-Materials/5647540745 The two products -- Alccofine 1203 (a supplementary cementitious material suitably replaces Silicafume used in high performance concrete); and Alccofine 1101 (a microfine cement based product used for injection grout in underground tunnels and soil stabilization etc) – have been enjoying a successful buy-in from its various customers ever since its launch. Tue, 26 Mar 2013 11:57:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-March-22-2013/5644857680 Nifty lost ~4% on concerns that the withdrawal of UPA’s biggest ally may jeopardize economic reforms going ahead. Furthermore, bleak outlook on future rate cuts by the RBI also dampened the sentiment. The uncertainty continues to prevail and traders are advised to remain cautious. Although a short bounce cannot be ruled out. The near term support for Nifty is placed at 5,618 which is the 200-DMA Fri, 22 Mar 2013 12:30:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-March-15-2013/5639180470 While the headline inflation print came higher than expectations at 6.8%, the continued moderation in core inflation kept the market expectation alive that RBI would cut the repo rate by 25bps coming Tuesday. The central bank is likely to take heart from the fact that increase in WPI month-on-month was essentially driven by de-regulation of fuel prices. Further moderation in core inflation during March would enhance possibility of a rate cut on May 3rd also. Fri, 15 Mar 2013 13:13:00 GMT http://www.indiainfoline.com/Markets/News/HCC-bags-Best-Social-Investment-Strategy-award/5639367118 This unique honour has been conferred on HCC for its pioneering work in various spheres like Water initiatives, Disaster Relief, HIV/AIDS Awareness, Education, and Community Development Fri, 15 Mar 2013 11:50:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Buy-on-Ambuja-Cements/5636411858 ACL expects an industry upcycle and volume growth at 7.5-8%, going forward. Tue, 12 Mar 2013 11:00:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-March-08-2013/5634249852 The week was the best this calendar year with a rally witnessed across global markets. For the week the BSE Sensex and the NSE Nifty surged by ~4% each to close at 19686 and 5946. Fri, 08 Mar 2013 13:03:00 GMT http://www.indiainfoline.com/Markets/News/Cement-cartel-case...-Competition-Appellate-sets-13-14-March-for-next-hearing/5629700307 Reports stated that the Competition Commission of India alleged last year that 11 top cement companies fixed prices in a coordinated way. Tue, 05 Mar 2013 04:33:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-March-01-2013/5627911597 The math for achieving 4.8% fiscal deficit in FY14 looks vulnerable to slippage. Further, it was also not a budget which can really revive the sagging economy. Absence of key reform measures such as GST implementation was also dejecting. Fri, 01 Mar 2013 12:47:00 GMT http://www.indiainfoline.com/Markets/News/Chidambarams-budget-speech/5625205201 In the current year, the CSO has estimated growth at 5 percent while the RBI has estimated growth at 5.5 percent. Whatever may be the final estimate, it will be below India’s potential growth rate of 8 percent. Getting back to that growth rate is the challenge that faces the country. Thu, 28 Feb 2013 15:36:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-February-22-2013/5620632325 The policy, which involves increasing the Fed's balance sheet to buy bonds, has been credited with pumping money into the equity market and withdrawal of such stimulus is seen a big negative for markets. Fri, 22 Feb 2013 13:51:00 GMT http://www.indiainfoline.com/Markets/News/Pre-Budget-Expectation-2013-14-JK-Lakshmi-Cement/5619916841 Also, given the rapidly growing demand for housing from the low middle income population, there is a need to promote low cost housing. Fri, 22 Feb 2013 04:48:00 GMT http://www.indiainfoline.com/Markets/News/K-Ravi-MD-NCL-Industries-Limited/5618322556 “The company proposes to set up a 30MW Thermal power project at a total capital cost of around Rs.1.50bn to overcome power crisis” Wed, 20 Feb 2013 09:28:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Budget-Preview-2013-14-Cement/5617871490 Positive for north bound cement companies like JK Lakshmi, JK Cement, Shree Cement and Ambuja Cement Wed, 20 Feb 2013 05:04:00 GMT http://www.indiainfoline.com/Markets/News/HeidelbergCement-increase-production-capacity-to-6-mtpa-reports/5616432745 The company had achieved highest ever cement sales of 2.81 million tonnes in 2011, says report. Tue, 19 Feb 2013 04:03:00 GMT http://www.indiainfoline.com/Markets/News/HeidelbergCement-increases-capacity-of-Damoh-MP-unit/5615935017 The company has added 5000 TPD clinker line at its Narsingarh unit as part of the expansion plan Mon, 18 Feb 2013 10:24:00 GMT http://www.indiainfoline.com/Markets/News/Expectation-on-Capital-Goods-Cement-and-Petrochemicals-Sector-CARE-Research/5615826139 Mon, 18 Feb 2013 06:58:00 GMT http://www.indiainfoline.com/Markets/News/François-Hollande-visits-Lafarge-Construction-Development-Laboratory/5614791798 Bruno Lafont, Chairman and CEO of Lafarge said, The Construction Development Laboratory will be a catalyst for the development of Lafarge in India. Fri, 15 Feb 2013 14:45:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Add-on-India-Cements/5614924007 Net Sales increased 15% YoY to Rs 10.8bn against our expectation of Rs 9.5bn and Ebitda was flat YoY at Rs 1.9bn versus our estimate of Rs 1.5bn Fri, 15 Feb 2013 11:20:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-February-15-2013/5614869568 A raft of results also kept market players busy. Some hit the bull’s eye others missed the target. Disappointing results from the index heavy weights like SBI, Tata Steel and JSW Steel dampened the sentiment. FII flows continue unabated this year. Fri, 15 Feb 2013 11:00:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-February-08-2013/5608982379 These advance estimates are based on anticipated level of agricultural and industrial production, analysis of budget estimates of government expenditure and performance of key sectors like, railways, transport other than railways, communication, banking and insurance, available so far. The advance estimates at current prices are derived by estimating the implicit price deflators (IPDs) at sectoral level from the relevant price indices. Fri, 08 Feb 2013 12:40:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Buy-on-JK-Lakshmi-Cement/5608772400 JK Lakshmi Cement’s 3QFY13 (JKLC) result was higher than our expectation because of lower-than-expected tax rate and due to higher cement realisation and volumes Fri, 08 Feb 2013 11:15:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Add-on-ACC/5608756846 ACC’s 4QCY12 result was marginally below our expectation at the Ebitda level owing to lower-than-expected realisation Fri, 08 Feb 2013 11:00:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Buy-on-Ambuja-Cements/5608741292 Ambuja Cements’ (ACL) 4QCY12 result was largely in line with our expectation at operating level Fri, 08 Feb 2013 10:45:00 GMT http://www.indiainfoline.com/Markets/News/Ambuja-Cements-slumps-4-percent-to-days-low/5608453543 The stock is currently trading at Rs192, down by Rs7.65. The stock hit a high of Rs196 and a low of Rs192.25 today. Total traded quantity on the counter stood at over 1 lakh shares. Fri, 08 Feb 2013 05:36:00 GMT http://www.indiainfoline.com/Markets/News/Ambuja-Cements-Q4-net-profit-at-Rs-2119.70-mn/5608212456 Total Income has increased from Rs. 24131.50 mn for the quarter ended December 31, 2011 to Rs. 24233.10 mn for the quarter ended December 31, 2012. Fri, 08 Feb 2013 03:13:00 GMT http://www.indiainfoline.com/Markets/News/ACC-Q3-net-profit-at-Rs2.39bn/5607675843 Total Income has increased from Rs. 27458.30 million for the quarter ended December 31, 2011 to Rs. 28340.60 million for the quarter ended December 31, 2012. Thu, 07 Feb 2013 12:28:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-February-01-2013/5603429601 This is the second in the series of dissemination events of the output of the Russia/World Bank/OECD Financial Literacy and Education Trust Fund following the event in Cartagena, Colombia; with the next event planned in India during the month of March 2013. Fri, 01 Feb 2013 13:10:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-January-25-2013/5594703807 The efforts towards addressing top priority items are commendable. The immediate focus is on attracting long term off-shore investments while keeping the FII interest in tact; drastic reduction in fiscal deficit and squeeze the current account deficit gap; all these will help to contain inflationary pressures and prepare RBI for aggressive growth-supportive monetary stance. Fri, 25 Jan 2013 12:23:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Buy-on-Shree-Cement/5594610483 The Shree Cement (SCL) management indicated that the company is on track to expand clinker capacity by ~4mtpa in two phases in the next 18 months Fri, 25 Jan 2013 10:30:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-January-18-2012/5589026597 RIL selected Fluor Corporation to provide project management services for its projects being executed at its refining and petrochemical complex in Jamnagar, India. These projects represent one of the largest investments globally. Fri, 18 Jan 2013 13:01:00 GMT http://www.indiainfoline.com/Markets/News/Ambuja-Cements-wins-CII-Sustainability-Awards-2012/5584757024 Confederation of Indian Industries (CII), this Award function is a platform to recognize efforts of those corporates that have moulded their business models to accommodate the parameters of sustainability. Mon, 14 Jan 2013 13:30:00 GMT http://www.indiainfoline.com/Markets/News/Dalmia-Cement-Bharat-bags-CII-ITC-Sustainability-awards-2012/5584523714 The company was honoured with the first prize in the cement sector at the National Energy Conservation Awards – 2012 Mon, 14 Jan 2013 11:01:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-January-11-2012/5583909331 Infosys Ltd has posted results for the third quarter ended 31st December, 2012. Its net profit stood at Rs23.69bn. Q3 other income at Rs5.03bn, while Q3 consolidated operating profit stood at Rs26.77bn. Fri, 11 Jan 2013 12:43:00 GMT http://www.indiainfoline.com/Markets/News/Fragile-recovery-unlikely-to-benefit-smaller-cement-players-India-Ratings/5582688342 However, smaller or partially-integrated players are likely to exhibit margins ranging from 17%-19%, lower than the median margins observed for such companies in FY12. Thu, 10 Jan 2013 10:36:00 GMT http://www.indiainfoline.com/Markets/News/Cement-What-to-expect-in-the-result-season/5581949527 ACC, Ambuja Cements and Ultratech are likely to report improvement in earnings backed by pick up in sales volume. Thu, 10 Jan 2013 04:29:00 GMT http://www.indiainfoline.com/Markets/News/Birla-White-YuvaRatna-Awards-for-Architects-and-Engineers-honours-in-Mumbai/5580930740 Says Mrs. Birla, “More than 50 million families do not have a decent roof over their head in India. Tue, 08 Jan 2013 14:40:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-January-04-2012/5578869835 The legislation which came just in time would prevent most of the fiscal cliff's negative near-term economic implications as the bill as it extends the Bush-era tax cuts for 98% of Americans. In addition to the tax changes the bill would also continue long-term unemployment benefits that were about to expire shortly. Fri, 04 Jan 2013 12:08:00 GMT http://www.indiainfoline.com/Markets/News/Interesting-stuff-youd-like-to-remember-about-2012/5576186770 RIL was the biggest drag on Nifty in last 5 years. The year is over now but we thought we’ll leave you with some tit-bits on the year that has gone by. Sure you may like to share your own bit of memorable moments. Wed, 02 Jan 2013 03:12:00 GMT http://www.indiainfoline.com/Markets/News/Ambuja-Cements-Rs3.25bn-expansion-plans-of-Sankrail-grinding-unit/5574429168 West Bengal Minister of Industries Partha Chatterjee inaugurated the kick-off for the expansion plans. Fri, 28 Dec 2012 13:55:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-December-28-2012/5574421391 These are indeed important issues, but the end result we want must be seen in terms of the impact of these programmes on the ground. Both the Centre and the States must therefore subject programmes to a vigorous performance audit. Fri, 28 Dec 2012 12:21:00 GMT http://www.indiainfoline.com/Markets/News/Binani-Industries-to-divests-part-of-stake-in-Binani-Cement/5572329378 Wed, 26 Dec 2012 06:11:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-December-21-2012/5570812863 Narendra Modi had spoken about celebrating Diwali on the results day. The celebrations are almost coinciding with Christmas now as the Bharatiya Janata Party (BJP) led by Narendra Modi has won the Gujarat assembly elections for the third time in a row. While the BJP won 116 seats, the Congress managed to win 60 seats. Reports said that Keshubhai Patel's GPP failed to make a mark winning two seats, and the others won four seats. Fri, 21 Dec 2012 11:41:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-December-14-2012/5565353409 Investments and growth are the need of the hour and the government appears to be moving well in the direction for now. In what is described as a gamechanger, a Cabinet Committee on Investments headed by the prime minister is being set up. This will improve clearances of projects of over Rs10bn and of course cut red tape. Reports said that bill further says that in case of public-private partnership, consent of 70% of landowners is required for the land acquisition. Fri, 14 Dec 2012 10:55:00 GMT http://www.indiainfoline.com/Markets/News/Dalmia-Cement-Bharat-celebrates-Day-of-Service-in-Guwahati-schools/5563634692 The Day of Service saw DCBL and the school authorities planting 100 neem tree saplings in the school campuses. Wed, 12 Dec 2012 14:14:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Buy-on-UltraTech-Cement/5563043640 Media reports suggest that UCL is looking to acquire the cement assets of JP Associates in Gujarat, which in our view would be largely EPS neutral, if the deal materialises Wed, 12 Dec 2012 10:30:00 GMT http://www.indiainfoline.com/Markets/News/Ambuja-Cement-bags-three-awards/5560889411 This is a matter or immense pride for Ambuja to bag these awards, and thus setting fresh benchmarks in water management not just in the arid region of Rajasthan but also across the country Mon, 10 Dec 2012 07:46:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-December-07-2012/5560243920 Earlier in the day, the Samajwadi Party staged a walk out similar to what they had done in the Lok Sabha. Commerce Minister Anand Sharma has maintained that FDI in multi-brand retail will not render small traders unemployed or hurt the interests of farmers. Fri, 07 Dec 2012 14:20:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Add-on-Madras-Cement/5559823962 Madras Cements' (MCL) management indicated that cost reduction and targeting of markets with higher realisation continue to be the focus areas Fri, 07 Dec 2012 10:50:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-on-Cement-Seasonal-price-decline-higher-than-expected/5555717706 Cement prices tend to decline in November and December due to seasonal factors; however, this year’s decline is 2% higher than our expectation for November Mon, 03 Dec 2012 10:40:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-November-30-2012/5554045651 The logjam ended on Thursday as government relented to BJP’s demand for a debate and voting on FDI in retail issue in Rajya Sabha too, as demanded by the BJP-led opposition. Fri, 30 Nov 2012 13:04:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-November-23-2012/5548671744 The first day of the Winter session of Parliament saw the Lok Sabha being adjourned till 12:30 while the Rajya Sabha was adjourned for the day. The government faces a two pronged assault as Lok Sabha Speaker, Meera Kumari, said that she received a notice of no confidence from former ally and Trinamool Congress supremo, Mamata Banerjee. Fri, 23 Nov 2012 14:00:00 GMT http://www.indiainfoline.com/Markets/News/Ambuja-Cements-adjudged-Best-brand-in-cement-at-Zee-Business-Good-Home-Awards/5547964037 ACL’s CEO Ajay Kapur said, “I am delighted with the award, which has come after the FICCI Gold Award and National Awards for Occupational Health amp; Safety bagged by us recently.” Thu, 22 Nov 2012 11:45:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-November-16-2012/5544005544 Growth rates have slowed down everywhere. There is considerable uncertainty about the period over which growth will revive in the industrialised world. The Indian economy has also been affected by these developments. Our exports have shrunk and the fiscal deficit has gone up on account of a variety of factors. Growth decelerated to 6.5 per cent last year and may be only around 6 per cent in the current year. Fri, 16 Nov 2012 12:32:00 GMT http://www.indiainfoline.com/Markets/News/Mr.-Alok-Sanghi-Director-Sanghi-Industries-Ltd./5540832528 “We reported a net profit of Rs.181.8mn for the first quarter ended September 30, 2012 as against a net loss of Rs.373.5mn in Q1 of previous fiscal. The infrastructure spending will increase, leading to demand growth and stable prices for the cement sector.” Fri, 09 Nov 2012 13:41:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-November-09-2012/5540715873 To begin with the fiscal cliff is top of the mind worry for the world and not just the United States of America. In his victory speech, Obama stressed that the Best Is Yet to Come add that the country lives up to its legacy as the global leader in technology and discovery and innovation, with all the good jobs and new businesses that follow. Fri, 09 Nov 2012 12:33:00 GMT http://www.indiainfoline.com/Markets/News/Lafarge-India-wins-Annual-CLO-Award-for-Safety-Training-Program/5539059372 The Annual CLO Award is instituted by the Tata Institute of Social Sciences and International Labour Organization. Thu, 08 Nov 2012 09:07:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Add-on-India-Cements/5537154007 India Cements’ (ICL) 2QFY13 operational performance was marginally below our expectation, primarily due to higher-than-expected power and fuel expenses Tue, 06 Nov 2012 11:01:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Institutional-Equities-recommends-Add-on-Madras-Cements/5537130676 Madras Cements’ (MCL) 2QFY13 results beat our expectation, primarily due to lower-than-expected costs led by 6% sequential reduction in freight expenses per tonne Tue, 06 Nov 2012 10:51:00 GMT http://www.indiainfoline.com/Markets/News/India-Cements-Q2-revenue-up-3-percent/5536881812 EBITDA stands at Rs. 208 Crores as compared to Rs.255 Crores Tue, 06 Nov 2012 08:11:00 GMT http://www.indiainfoline.com/Markets/News/ACC-wins-CNBC-Asias-India-Talent-Management-Award/5536765157 This is part of the CNBC Asia India Business Leaders Award (ABLA) instituted by CNBC, Asia’s leading business news television channel. Mon, 05 Nov 2012 07:03:00 GMT http://www.indiainfoline.com/Markets/News/Shares-of-ACC-Ltd-remains-flat/5535427513 The stock has hit a high of Rs 1415 and a low of Rs 1401. Mon, 05 Nov 2012 04:20:00 GMT http://www.indiainfoline.com/Markets/News/India-Infoline-Weekly-Newsletter-November-02-2012/5534992001 Reduce the cash reserve ratio (CRR) of scheduled banks by 25 basis points from 4.5 per cent to 4.25 per cent of their net demand and time liabilities (NDTL) effective the fortnight beginning November 3, 2012. Fri, 02 Nov 2012 12:25:00 GMT