New Delhi [India], September 4: As India cements its position as the world's Global Capability Center (GCC) capital, Biz2X, a Lending SaaS platform and a subsidiary of Biz2Credit, is making strategic investments in AI, data analytics, and cutting-edge technology to fuel global growth and inn
Backed by healthy demand prospects for the sector, large cement companies are looking to increase their capacity and maintain market share through, organic and inorganic expansions.
The Competition Commission of India (CCI) is launching a pan-India market study on the cement sector, aiming to fact-find and develop a comprehensive understanding of the functioning of the cement market across regions in India, and the state of competition in the sector.
The company said its performance was impacted due to spiralling increase in the price of input materials, resulting in higher cost which could not be compensated in the market due to huge supply overhang.
Chennai (Tamil Nadu)/ Mumbai (Maharashtra) [India], May 2 (ANI/BusinessWire India): Cement, soil, water, and steel are just a few of the many raw materials needed to construct a house. Even more so if it is a larger structure, such as an apartment building. ACC Ltd., one of India's most sust
Chennai (Tamil Nadu) [India], May 24 (ANI): India Cements said on Monday its consolidated net profit for the January to March quarter stood at Rs 44 crore as compared to a loss of Rs 12 crore in the year-ago period.
Chennai (Tamil Nadu) [India], July 27 (ANI): India Cements on Monday reported standalone net profit at Rs 16.96 crore for the quarter ended June as compared to Rs 72.43 crore in the corresponding quarter of last year.
Chennai (Tamil Nadu) [India], June 24 (ANI): India Cements on Wednesday posted a standalone net loss of Rs 111 crore in the quarter ended March against a profit of Rs 44 crore in the corresponding quarter of previous fiscal.
Chennai (Tamil Nadu) [India], Nov 11 (ANI): India Cements said on Monday its consolidated net profit moved into the black at Rs 5.07 crore during the second quarter ended September 30.