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India cement firms hoping for stay in cartel penalties 09 July 2012 stayed then there is no need for provisioning, he added, the Business Line reported. The companies are ACC, Ambuja Cement, UltraTech Cement, Grasim Industries (now merged with UltraTech), Lafarge India, JP Associate, Century Textile and Industry, Madras... Type: Article Category: Markets & Competition Fitch keeps negative outlook for India cement sector 25 June 2012 2011: INR29,530.2m for ACC, INR28,425.1m for ACL)," Fitch noted. According to the report, the top five companies Ultratech Cement Limited, ACL, ACC, ICL and Madras Cements Limited enjoy a better cost structure, driven by higher level of vertical... Type: Article Category: Markets & Competition Jaypee denies cement cartel allegations 25 June 2012 Industry body CMA was also fined with Rs 73 lakh. Incidentally, JAL was fined the maximum at Rs 1,323.6 crore followed by Ultratech Cements (Rs 1,175.49 crore), Ambuja Cements (Rs 1163.91 crore) and ACC (Rs 1,147.59 crore), the report said. Copyright CW... Type: Article Category: Markets & Competition BNP Paribas keeps bleak outlook for India market 25 June 2012 India (CCI) imposed a penalty of nearly Rs 6,300 crore on 11 cement companies. The companies include ACC, Ambuja Cements, Ultratech Cement, JK Cements, India Cements, Madras Cements, Century Cements, Binani Cements, Lafarge India and Jaypee Cements. The... Type: Article Category: Markets & Competition India doles out stiff fines to cement makers in cartel probe 21 June 2012 of a probe into cartel like behavior, reports Live Mint. ┬á Among these, the worst-hit are ACC Ltd, Ambuja Cements Ltd, UltraTech Cement Ltd and Jaiprakash Associates Ltd, which have been fined in excess of Rs. 1,000 crore each. All the 11 firms were... Type: Article Category: Markets & Competition Ultratech gets nod for expansion plans in Madya Pradesh 21 June 2012 content you tried to access is only available to paid subscribers.","link":"1"}]India based UltraTech has received environmental clearance for its expansion plans for two of its plants in Madhya Pradesh, reports NDTV. ┬á The Environment Ministrys expert... Type: Article Category: Plant Expansions India cement industry to recover from cartel raps 20 June 2012 Drop in share prices will be reversed, analysts say. ┬á (CW Group) Shares of cement majors like Ambuja Cements, ACC and Ultratech Cement have been under pressure on ahead of the Competition Commission of India's (CCI) final report on cartel... Type: Article Category: Financial India firms face stiff fines for cartel behavior 19 June 2012 to the guilty companies without hampering market sentiments," a top CCI official told ET. Cement companies such as ACC and UltraTech refused to comment as they had not seen the order, but analysts said producers would challenge the order in court, the... Type: Article Category: Markets & Competition India: Birla, Lafarge eyeing Jaypee Cement assets 14 June 2012 believed to be in the race. People close to the development said officials from Lafarge and the AV Birla Group company UltraTech have completed initial rounds of talks. Final bids are expected shortly, said two senior executives with knowledge of the... Type: Article Category: Mergers & Acquisitions Aditya Birla looking to acquire stake in Colombia mines 14 June 2012 its source. It requires thermal coal for its flagship company Hindalco, the country's top aluminium producer, and for UltraTech Cement, the country's largest cement producer. The company is also seeking thermal coal to fire its 750-MW captive power... Type: Article Category: Mergers & Acquisitions India cement makers poised for double digit growth anew 12 June 2012 territory, after posting solid numbers in May, reports the Business Standard. ┬á Industry majors Aditya Birla groups UltraTech Cement, Swiss majors Ambuja and Jaiprakash Associates, all had solid months, as the countrys cement sector is back on double... Type: Article Category: Markets & Competition Report: India's JP said to be in talks to sell one cement unit 11 June 2012 Firm said to be in negotiations with UltraTech Cement. (CW Group) Jaiprakash Associates the developer is reportedly in talks to sell one of its cement units to Birla promoted UltraTech Cement, reports Your Money site. JP Assoc is seeking a valuation of... Type: Article Category: Mergers & Acquisitions UAE: Star Cement orders WHR system from FLS 08 June 2012 CY2013 at Star Cement's cement plant in Ras Al Khaimah, United Arab Emirates. Star Cement Co. LLC was acquired in 2010 by UltraTech Cement which is part of the Aditya Birla Group, a US$35 billion Indian based diversified global corporation. Wasabi... Type: Article Category: Equipment India cement firms brace for monsoons 07 June 2012 five years, July-Sept quarter has been good for cement companies. The top three cement companies, ACC, Ambuja Cements and Ultratech Cement have never given negative returns in the July-September quarter. In fact, the stocks of these three companies have... Type: Article Category: Markets & Competition India: Cement majors post double digit growth in May 06 June 2012 sales levels will continue, but analysts remain skeptical. (CW Group) Two of India's biggest cement makers, Ambuja and Ultratech, have reported double digit growht in May, reports Live Mint. Ambuja saw sales rising 11.9%┬áwhile Ultratech surged┬á10.6%... Type: Article Category: Volume & Pricing Credit Suisse remains negative on Indian cement 05 June 2012 India, which is an unseasonal trend, it said. Demand was also weak, contrary to the double digit volume growth posted by Ultratech Cement and Ambuja Cement in May. According to the report, any adverse ruling by monopoly regulator on cartelisation can... Type: Article Category: Financial UltraTech production climbs 5% in May 04 June 2012 Volumes see healthy progress. ┬á (CW Group) The Aditya Birla Group Company, UltraTech's Cement production for the period April-May'12 moved up by 4.7% at 679.47 lac mt as against 648.95 lac mt during April-May'11. Dispatches also moved up by 3.5% at... Type: Article Category: Volume & Pricing India Cement & Construction Materials, vol 1 / issue 6 04 June 2012 of CCI report 30 VOLUME AND PRICING Cement sales slowed in April due to a lack of demand and labor 32 M&A and FINANCE UltraTech in negotiations to buy limestone mine and cement plant 34 PROJECTS AND EXPANSIONS Work on Wonder CementÔÇÖs new production... Type: Article Category: India Cement & Construction Materials journal India cement expected to bounce back in May 03 June 2012 reports the Business Standard. ┬á This, as robust sales from IndiaÔÇÖs two largest cement makers, Aditya Birla GroupÔÇÖs UltraTech and Swiss major HolcimÔÇÖs Ambuja Cements, in May are likely to bring the industry back on a double-digit growth... Type: Article Category: Markets & Competition Higher prices boost Q1 profit for India cement makers 23 May 2012 above Rs 300 per 50 kg bag during the quarter. Cement makers including India Cements Ltd, Aditya Birla Group firm - UltraTech Cement Ltd, Ambuja Cements Ltd have registered over 18 per cent growth in the net profits for the quarter ended March 2012.... Type: Article Category: Financial 11 12 13 14 15 16 17 18 19 20 Results 301 - 320 of 555 Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. 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