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Cement Industry

Adani Group in talks to buy Heidelberg's Indian cement operations: Report

Adani Group, led by billionaire Gautam Adani, entered India's cement sector in 2022 by buying Holcim's local units and has made a string of acquisitions since then as it jostles with top cement producer UltraTech Cement for market share.

07 October 2024, 03:59 IST

Adani Group in talks to buy Heidelberg's Indian cement operations: Report

Adani Group in talks to buy Heidelberg's Indian cement operations: Report

Adani Group in talks to buy Heidelberg's Indian cement operations: Report

07 October 2024, 03:59 IST

Infra projects, capex, PMAY to spur cement volumes by 7-8% in FY25: ICRA

The government’s focus on infrastructure projects, sanction of additional houses under the Pradhan Mantri Awas Yojana (PMAY), and the industrial capital expenditure is expected to improve cement volume offtake in the second half (H2) of FY25.

04 July 2024, 22:48 IST

Infra projects, capex, PMAY to spur cement volumes by 7-8% in FY25: ICRA

Infra projects, capex, PMAY to spur cement volumes by 7-8% in FY25: ICRA

Infra projects, capex, PMAY to spur cement volumes by 7-8% in FY25: ICRA

04 July 2024, 22:48 IST

Key infra sectors growth slows to 14-month low of 3.8% in Dec 2023

The growth rate in the production of coal, refinery products, fertiliser, steel, cement and electricity decelerated during December 2023.

31 January 2024, 15:40 IST

Key infra sectors growth slows to 14-month low of 3.8% in Dec 2023

Key infra sectors growth slows to 14-month low of 3.8% in Dec 2023

Key infra sectors growth slows to 14-month low of 3.8% in Dec 2023

31 January 2024, 15:40 IST

UltraTech to take over Kesoram's cement business in an all-share deal, enterprise value pegged at Rs 7,600 crore

Kesoram announced that its board has approved the demerger of its cement business under a scheme of arrangement. In the deal, shareholders will receive one share of UltraTech Cement for every 52 Kesoram shares of Rs 10 each.

30 November 2023, 16:04 IST

UltraTech to take over Kesoram's cement business in an all-share deal, enterprise value pegged at Rs 7,600 crore

UltraTech to take over Kesoram's cement business in an all-share deal, enterprise value pegged at Rs 7,600 crore

UltraTech to take over Kesoram's cement business in an all-share deal, enterprise value pegged at Rs 7,600 crore

30 November 2023, 16:04 IST

UltraTech Cement Q2 sales up 15% to 26.69 million tonne

UltraTech is the third largest cement producer in the world, excluding China.

01 October 2023, 16:15 IST

UltraTech Cement Q2 sales up 15% to 26.69 million tonne

UltraTech Cement Q2 sales up 15% to 26.69 million tonne

UltraTech Cement Q2 sales up 15% to 26.69 million tonne

01 October 2023, 16:15 IST

JK Cement Q1 profit down 29.4% to Rs 113.46 crore

The company had posted a net profit of Rs 160.79 crore in the April-June period a year ago.

12 August 2023, 12:55 IST

JK Cement Q1 profit down 29.4% to Rs 113.46 crore

JK Cement Q1 profit down 29.4% to Rs 113.46 crore

JK Cement Q1 profit down 29.4% to Rs 113.46 crore

12 August 2023, 12:55 IST

GST Council will set cement tax rate after expert study

The fitment committee will meet to discuss and finalize its report on the lowering of a 28 per cent GST rate on cement and submit it to the GST council

10 February 2023, 18:02 IST

India's GST Council will decide on cement tax rate after expert study

India's GST Council will decide on cement tax rate after expert study

GST Council will set cement tax rate after expert study

10 February 2023, 18:02 IST

Shree Cements posts 44% fall in Q3 profit

The Indian cement sector is betting on the country's investment in infrastructure in the pre-election period to drive up its demand

08 February 2023, 09:24 IST

Shree Cements posts 44% fall in Q3 profit on high fuel costs

Shree Cements posts 44% fall in Q3 profit on high fuel costs

Shree Cements posts 44% fall in Q3 profit

08 February 2023, 09:24 IST

Adani said to be in talks to buy Jaiprakash Cement unit

The cement grinding facility has a capacity of 2 million tons a year It began operating in October, 2014, in Nigrie in Madhya Pradesh

10 October 2022, 06:02 IST

Adani Group said to be in talks for Jaiprakash’s Cement unit for nearly Rs 5,000 crore

Adani Group said to be in talks for Jaiprakash’s Cement unit for nearly Rs 5,000 crore

Adani said to be in talks to buy Jaiprakash Cement unit

10 October 2022, 06:02 IST

Will become most profitable cement manufacturer: Adani

Adani Group last week completed buyout of Swiss major Holcim's stake in the two firms

19 September 2022, 06:27 IST

Will become most profitable cement manufacturer: Adani

Will become most profitable cement manufacturer: Adani

Will become most profitable cement manufacturer: Adani

19 September 2022, 06:27 IST