RECENT NEWS
Forbes  Dec 2  Comment 
Africa’s richest man Aliko Dangote has shut down his cement plant in Tanzania due to high energy costs and a technical glitch at the $500 million factory.
The Hindu Business Line  Dec 2  Comment 
Global stocks, oil and the dollar eased on Friday with investors took a cautious stance before Italy's referendum on constitutional reform and US payrolls data later in the day, which may cement the ...
The Economic Times  Dec 2  Comment 
While cement companies are yet to announce dispatches numbers, overall volumes remained at around 800 kilo tonnes in November, at par with previous month.
The Economic Times  Dec 1  Comment 
The November number should not be extrapolated into the future to feel the real impact of demonetisation, said Puneet Dalmia.
New York Times  Nov 30  Comment 
The country where the Arab Spring began five years ago is trying to bolster its economy, especially in the less developed interior, as it combats terrorism.
Insurance Journal  Nov 30  Comment 
Cincinnati’s new streetcar service has been involved in 10 traffic accidents and four safety “incidents” since on-street testing began earlier this year, records show. The streetcar known as the “Cincinnati Bell Connector” clipped both a...
Reuters  Nov 30  Comment 
U.S. private employers stepped up hiring in November and consumer spending increased last month, the latest signs of economic strength that could further cement the case for an interest rate hike from the Federal Reserve next month.
The Hindu Business Line  Nov 30  Comment 
April-October period growth at 4.9%
The Economic Times  Nov 28  Comment 
CCI in its order imposed a penalty of Rs 6,715 crore on 11 cement companies, including India Cements Ltd and Cement Manufacturers Association, for cartelisation.
The Economic Times  Nov 27  Comment 
In the past five years, while we doubled capacity, our debt-to-equity ratio fell to 0.2 from 1. Cash flow from operations was in the range of Rs1,100-2,500 crore, said Hari Mohan Bangur.




 

Besides producing cement, many of these companies produce ready-mix concrete, asphalt, aggregates, and concrete structures. Cement industry is local in nature, because the weight to value ratio of cement and other building materials is relatively low.

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