New Delhi [India], October 22: Jindal Panther Cement (JPC), part of the Jindal Group, announces the commissioning of its first cement grinding unit (GU) with a capacity of 1.5 MTPA at Angul, Odisha. This cutting-edge facility, which will utilise approximately 1 MTPA of blast furnace slag fro
The acquisition, valued at an equity worth of Rs 8,100 crore, marks a step towards Ambuja's goal of achieving 140 MTPA cement capacity by 2028. The deal will be fully funded through Ambuja's internal accruals, maintaining the company's debt-free status.
Mumbai (Maharashtra) [India], October 18: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement players, has announced that operations at its depot in Amritsar, Punjab, have started on October 18, 2024. The Amritsar depot is set to
Jaipur (Rajasthan) [India], October 18: Wonder Cement, among India's leading cement-producing companies, announced today that they would be the Title Sponsor for India's Tour of South Africa, beginning in November. World T20 Champions India will face T20 World Cup finalists South Africa in f
The UAE Government and the World Economic Forum (WEF) today concluded the Annual Meeting of the Global Future Councils 2024 (AMGFC24) that took place in Dubai from 15th to 17th October.
Cook, with 12,472 runs in 161 Tests and 35 centuries, cemented his legacy as one of the finest to pick up a bat, while Neetu became only second Indian woman to be a part of this elite company, besides Diana Edulji. De Villiers also added a big feather to his cricketing journey with the induc
New Delhi [India], October 15: The Kanodia Group, a diversified business conglomerate with dominance in the cement, hygiene, new-age media, and building solutions sectors; is all set to venture into the real estate market with KREEVA - A real estate development platform led by professionals.
Among the Nifty 50 stocks, Wipro, Tech Mahindra, HDFC Life Insurance, L&T, and HDFC Bank led the rally, emerging as the top gainers for the day. On the flip side, ONGC, Maruti Suzuki, Tata Steel, Bajaj Finance, and UltraTech Cement saw declines, limiting the market's overall gains.
This marks a slowdown following a compound annual growth rate of around 11 per cent between fiscals 2022 and 2024. Despite the tempered growth, the operating profitability of cement companies is anticipated to remain stable at Rs 975-1,000 per tonne, which is above the decadal average of Rs
Yadu Sports, a special purpose vehicle (SPV) established by Yadu International Limited (YIL) and owned by Dr Raghavpat Singhania and Madhavkrishna Singhania, promoters of JK Cement Limited, own the team. In a statement, they said, "Yadu Sports, a special purpose vehicle (SPV) established by
Mumbai (Maharashtra) [India], October 12: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement players, has secured Bondada Engineering Limited (BEL) as a key client in its Full Truck Load (FTL) business segment. This strategic mov
New Delhi [India], October 11: Techmagnate, India's leading digital marketing agency, has won 5 awards at the Pitch BFSI Marketing Summit and Awards 2024, achieving a nearly clean sweep with 2 golds and 3 silvers. The awards count for five new feathers in Techmagnate's cap, further cementing