Himachal Govt Not Responsible for Cement Price Hike
Himachal Pradesh Industries Minister clarifies the state government does not set cement prices, addressing public concerns. Learn about the market-driven factors behind the recent hikes.
Himachal Pradesh Industries Minister clarifies the state government does not set cement prices, addressing public concerns. Learn about the market-driven factors behind the recent hikes.
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.
Vedanta Ltd reports a 1% rise in aluminium, 4% in Zinc India, and 28% in Zinc International output for Q3 FY24. However, steel and oil & gas production see a decline. Get the full quarterly performance details here.
Maruti Suzuki India achieves its highest-ever annual production of 22.55 lakh units in FY25, marking a significant milestone for the auto giant. Discover the details and future outlook.
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.
India's industrial production jumped 6.7% year-on-year in November 2025, the highest growth in 25 months, driven by manufacturing and a rebound in mining. Read the full analysis.
India's industrial production surged to a 25-month high of 6.7% in November 2024, driven by robust manufacturing and GST rate cuts. Read the full analysis.
India's industrial production surged to a two-year high of 6.7% in November 2025, driven by robust manufacturing. Discover the details behind this significant economic rebound.
India's industrial production surged to a two-year high of 6.7% in November, driven by robust mining and manufacturing. Read the full analysis of the IIP data and its economic implications.
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.
Assam CM Himanta Biswa Sarma reveals 90% of daily-use goods are imported. He urges women's SHGs to boost local production for self-reliance. Read the full story.
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.
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.