Himachal Ministers Refute Opposition's Cement Price Claims
Himachal Pradesh ministers Harshwardhan Chauhan & Rajesh Dharmani reject Jai Ram Thakur's claims on cement price rise, clarifying state's role. Read the full facts here.
Himachal Pradesh ministers Harshwardhan Chauhan & Rajesh Dharmani reject Jai Ram Thakur's claims on cement price rise, clarifying state's role. Read the full facts here.
India's cement sector is poised for robust Q3 FY24 results with an expected 11% YoY demand surge, driven by infrastructure and housing. Key players like UltraTech, Ambuja, and Shree Cement in focus.
Himachal Pradesh's Leader of Opposition, Jairam Thakur, condemns the recent cement price hike as an act of cruelty towards a state recovering from natural disasters. He demands immediate government intervention.
Leader of Opposition Jairam Thakur condemns Himachal Pradesh govt for raising cement prices post-monsoon disaster, calling it anti-people. Read how this impacts victims' recovery.
A Parliamentary Standing Committee visited Amritsar to gather feedback from local industry leaders on challenges and opportunities. The aim is to shape national policies for industrial growth and export promotion.
South India witnesses a sharp 3.9% sequential cement price drop in Q3FY26 to ₹304 per bag. Oversupply and muted demand challenge profitability. Can January hikes provide relief?
Ramco Cements exceeds asset sale target, reducing debt by ₹1,017 crore. Stock's future growth hinges on cement price recovery and higher capacity utilisation. Read the full analysis.
ICRA projects robust 6-7% cement volume growth in India by FY27, with industry adding 85-90 MTPA capacity. Key drivers include infrastructure and housing demand. Read the full analysis.
Adani Group finalises Ambuja-ACC-Orient merger to create a pan-India cement powerhouse. We analyse the winners, losers, and the road ahead in the battle with UltraTech Cement.
Motilal Oswal recommends Midwest and Ambuja Cement as top buys, citing expansion plans and strong financial targets. Discover the detailed analysis and price targets.
Adani Cement is investing Rs 2,900 crore to set up two new grinding units in Guna and Ujjain, Madhya Pradesh, creating over 3,000 jobs. This marks a major expansion of the group's cement footprint in central India.
Goldman Sachs initiates coverage on PhysicsWallah with a neutral rating. Other key calls include Avendus on LG, Nuvama on KMEW, HSBC on Ambuja Cement, and Investec on RBL Bank. Read the full analysis.
Dalmia Bharat expects mid-to-high single-digit volume growth in Q3FY26 as cement demand improves. However, muted pricing in key eastern and southern markets caps near-term upside for the stock.
Adani Group's merger of ACC, Orient Cement with Ambuja Cements aims to cut costs and raise margins by at least Rs 100 per tonne. Streamlining to unlock operational efficiencies.
Adani Group consolidates ACC and Orient Cement into Ambuja Cements to streamline operations, cut costs, and create a single pan-India cement platform. The move follows a $10 billion acquisition spree.
Ambuja Cements and Orient Cement shares skyrocketed up to 10% after their boards approved a merger. ACC, however, fell 2%. Get the full details on this major cement industry consolidation.
Ambuja Cements' board approves the merger of ACC and Orient Cement, creating a cement giant with a 79 MTPA capacity. Read about the strategic move and its impact on the Indian market.
Adani Group's Ambuja Cements board has approved the amalgamation of ACC and Orient Cement, a major consolidation move in India's cement sector. Get the latest corporate news updates.
India's eight core industries grew 1.8% in November, recovering from October's contraction. Strong performance in cement, steel, and fertilizers offset declines in oil and gas. Read the full analysis.
UltraTech Cement receives a Rs 782.2 crore GST demand notice for 2018-2023 period. The company plans to legally challenge the order. Read the full details.
Mangalam Cement shares soar 10% in December, outperforming Sensex and Smallcap indices. Strong Q2 results and internal promoter restructuring drive investor confidence. Read the full analysis.
India Resurgence Fund acquires a 51% controlling stake in Shree Digvijay Cement from True North, marking its strategic entry into India's cement industry. Read the full deal details.
Radhika Apte marks 20 years in films by revealing shocking sexism, body-shaming demands, and isolation she faced in Bollywood and South Indian cinema. Read her candid interview.
Visakhapatnam-based INSWAREB's novel nano concrete (NAC) can prevent cracks in nuclear reactor shields. Their irradiated cement materials promise to extend infrastructure life, with BARC now involved.
The National Green Tribunal has given a joint committee four more weeks to file its report on alleged air pollution by ACC Cement's plant in Himachal Pradesh's Bilaspur. Key hearing set for February 2026.
Union Minister Nitin Gadkari launches ₹150 crore cement concrete projects for Zero Mile & Central Avenue in Nagpur, promising durable roads, modern footpaths, and cycle tracks for a future-proof city.
Ludhiana's famed sewing machine manufacturing hub is battling a severe skilled labour shortage and intense competition from cheap Chinese imports. Industry leaders demand government intervention for survival.
Adani Group reaffirms its massive Rs 60,000 crore investment in Andhra Pradesh, accelerating green energy, ports, and cement projects for robust economic growth. Discover the details.
India's cement majors are boosting premium offerings to protect margins post-GST cut, but analysts warn of an unsustainable strategy and looming price competition in the segment.
Rain Industries' stock lags despite strong aluminium prices. High debt & interest costs pose a challenge. Can its cement expansion & deleveraging plan reignite investor optimism? Analysis inside.