December 11, 2020 5:03 am
The Cement Manufacturers Association in India (CMA), the apex body of large cement manufacturers in India, was raided as well by officers of the investigative arm of the CCI, a source said.
December 04, 2020 12:33 am
Given the company’s history of setting up capacities in record time, commercial production from the new capacities is expected to go on stream in a phased manner, by fourth quarter of FY23, UltraTech said.
August 20, 2020 4:22 pm
Hindalco, India's top aluminium and copper producer, said it would supply 2.5 million tonnes of bauxite residue, also known as red mud, to 40 cement companies this year, to help cement makers to replace their existing raw materials such as laterite, a mineral.
June 03, 2019 4:04 am
“The mining operations are normal and no filling up is being done. The claim that we are filling up our mine is completely baseless,” an official of the company told The Indian Express on the condition of anonymity.
May 31, 2018 1:43 am
The move follows Monday’s meeting, at which CoC voted in absolute majority in favour of the revised resolution plan submitted by UltraTech, which has offered to pay around Rs 7,960 crore for the debt-laden cement maker.
May 29, 2018 2:20 am
This is the second time Binani Industries has attempted to bring Binani Cement out of the purview of the IBC.
May 08, 2018 2:45 am
UltraTech had claimed that the negative points had been wrongly assigned to its bid, making it the H2 and not H1 bidder.
February 16, 2015 2:39 am
Hindalco emerged as the highest bidder for the Kathautia block in Jharkhand with a bid of Rs. 2,860 per tonne.
December 24, 2014 10:39 am
The plants which have a combined capacity of 4.9 million tonnes per annum (mtpa), are located at Bela and Sidhi in Madhya Pradesh.
July 20, 2014 3:04 am
On the operational front, fuel and freight costs rose by 22 per cent and 20.68 per cent respectively on account of rise in pet-coke prices.