Ambuja Cements Dec quarter net profit up 4% at Rs 329 cr

Last Updated: Wednesday, February 18, 2015, 21:22

Total income of the company rose to Rs 1,404.85 crore during the quarter compared to Rs 2,213.25 crore a year ago.

GMR, Reliance Cement bag blocks in first coal auction

Last Updated: Saturday, February 14, 2015, 18:47

The maiden auction of coal mines got under way Saturday, with GMR and Reliance Cement bagging one mine each for an estimated Rs 1,375 crore and Rs 798 crore respectively.

Cement sector to witness recovery in demand, prices: ICRA

Last Updated: Tuesday, February 10, 2015, 21:11

The wholesale cement prices in North and West came under pressure in Q2 FY15 due to monsoons. Post monsoons, the recovery in prices has been slow.

Lafarge, Holcim to sell assets to CRH for Euro 6.5 billion

Last Updated: Monday, February 2, 2015, 16:20

As part of their proposed merger, two building material majors Lafarge and Holcim will sell assets worth 6.5 billion euros, located in Europe, Canada, Brazil and Philippines, to Irish cement maker CRH.

UltraTech Q3 net marginally up to Rs 400 crore

Last Updated: Friday, January 23, 2015, 20:53

UltraTech Cement Friday reported a marginal increase in consolidated net profit at Rs 399.98 crore for the quarter ended December 31, 2014, from Rs 395.11 crore in the same period last year.

Core sector growth jumps to 5-month high of 6.7% in November

Last Updated: Wednesday, December 31, 2014, 17:34

The growth rate of eight core sector industries rose to five-month high of 6.7 percent in November on the back of better output in coal, refinery products, electricity and cement.

Credai calls for reforms in realty sector in New Year

Last Updated: Thursday, December 25, 2014, 23:01

The Confederation of Real Estate Developers' Association of India (Credai) also sought "political will" for reforms.

Ultratech to buy Jaypee's 2 cement plants for Rs 5400 crore

Last Updated: Tuesday, December 23, 2014, 20:54

In one of the biggest deals in the cement sector, Aditya Birla Group firm Ultratech will acquire two plants from Jaiprakash Associates (JAL) in Madhya Pradesh for an enterprise value of Rs 5,400 crore.

UP gets investment proposals worth Rs 8,900 cr

Last Updated: Saturday, November 29, 2014, 20:45

Uttar Pradesh has received nine investment proposals worth Rs 8,900 crore from companies, including Reliance Cement and Samsung, and the Cabinet will take a call on providing incentives to them, state chief secretary Alok Ranjan said on Sunday.

SAIL offloads full stake in Bokaro cement JV; gets Rs 235-cr

Last Updated: Saturday, November 29, 2014, 19:41

SAIL executed the transaction at Rs 67.50 per share.

Ultratech Cement's Q3 net profit dips 38% to Rs 370 crore

Last Updated: Monday, January 20, 2014, 13:46

The Aditya Birla Group's flagship firm had clocked Rs 601 crore net profit in the corresponding quarter of last fiscal, the company said in a release.

Heidelberg Board to consider raising Rs 370 crore through NCDs

Last Updated: Thursday, December 12, 2013, 16:06

Heidelberg Cement India's Board will meet on December 16 to consider raising Rs 370 crore by issuing non-convertible debentures (NCDs) on private placement basis.