Shree Cement penalized Rs.397.51 crore for monopolistic practices
July 30th, 2012 - 8:20 pm ICT by IANS
New Delhi, July 30 (IANS) The Competition Commission of India (CCI) Monday found 11 cement manufacturers and the Cement Manufacturers Association contravening the provisions of the Competition Act through monopolistic ... Read more...
Posted in Business |
Rs.6,000 crore penalty on 11 cement firms for price fixing (Lead)
June 21st, 2012 - 8:52 pm ICT by IANS
New Delhi, June 21 (IANS) The Competition Commission of India (CCI) Thursday imposed a hefty penalties amounting to over Rs.6,000 crore ($1.1 billion) on 11 cement companies including Ambuja Cements, ... Read more...
Posted in Business |
Competition panel levies Rs.6,000 crore penalty on cement firms
June 21st, 2012 - 6:29 pm ICT by IANS
New Delhi, June 21 (IANS) The Competition Commission of India (CCI) Thursday imposed penalties amounting to over Rs.6,000 crore ($1.06 billion) on 11 cement companies including Ambuja Cements, ACC, Ultratech ... Read more...
Posted in Business |
Chhattisgarh politicians fume as cement prices rise again
February 4th, 2012 - 3:50 pm ICT by IANS
Raipur, Feb 4 (IANS) Politicians cutting across party lines in one of the country's leading cement producing states, Chhattisgarh, Saturday slammed cement companies for raising prices through cartelisation.Ruling BJP leader ... Read more...
Posted in Business |
Protest in Chhattisgarh over rising cement prices
January 11th, 2012 - 4:12 pm ICT by IANS
Raipur, Jan 11 (IANS) Nearly 500 people Wednesday blocked the entry points of Century Cement's production unit in Chhattisgarh to protest rising prices of cement, police said.Members of ... Read more...
Posted in Business |
Coal India to set up 20 new washeries
April 6th, 2010 - 9:16 pm ICT by IANS
Kolkata, April 6 (IANS) India's largest coal miner, Coal India, plans to set up 20 new modern washeries with a total capacity of 111 million tonnes over the next four-five years in ... Read more...
Posted in Business |
Tamil Nadu doesn’t need IT investment, says minister
January 9th, 2009 - 5:14 pm ICT by IANS
Chennai, Jan 9 (IANS) In an announcement that took everybody by surprise, Tamil Nadu Electricity Minister Arcot N. Veeraswamy said here Friday that the state does not need any more investment ... Read more...
Posted in Uncategorized |
India lifts ban on cement exports
December 22nd, 2008 - 2:35 pm ICT by IANS
New Delhi, Dec 22 (IANS) With a significant increase in both the production and off-take of cement in India, the government has lifted the export ban on the commodity with immediate effect, ... Read more...
Posted in Business |
Gujarat’s mini cement plants want village industry status
July 24th, 2008 - 4:33 pm ICT by IANS
Ahmedabad, July 24 (IANS) Gujarat's small cement factories are facing closure on account of rising manufacturing costs, according to an industry lobby. The Gujarat Mini Cement Manufacturers Association (GMCA), representing small cement ... Read more...
Posted in Business |
Pakistan to export 52,000 tons of cement to India
May 11th, 2008 - 11:34 am ICT by admin
Islamabad, May 11 (ANI): Pakistan will export about 52,000 tons of cement to India in the next two months.This step has been necessitated after the cement cartel in India is said ... Read more...
Posted in South Asia |
Inflation rises again to 7.33 per cent
April 25th, 2008 - 4:09 pm ICT by admin
New Delhi, Apr 25 (ANI): Data released by the Ministry of Industry for the week ending April 12, shows inflation rising again to 7.33 per cent from 7.14 per cent in ... Read more...
Posted in National |
Left leaders meet Prime Minister over price rise
April 25th, 2008 - 3:57 pm ICT by admin
New Delhi, Apr 25 (ANI): Left party leaders met Prime Minister Dr. Manmohan Singh on Friday and demanded urgent measures by the UPA Government to check the price rise.
"We want the ... Read more...
Posted in National |
CPI pins down UPA Government on inflation
April 24th, 2008 - 5:21 pm ICT by admin
By Sanjay Kumar
New Delhi, Apr.24 (ANI): Pinning the UPA Government down on the price rise issue, the Communist Party of India (CPI) today said that it is not doing enough to ... Read more...
Posted in National |
No plans to set up cement price regulator: minister
March 11th, 2008 - 9:51 pm ICT by admin
New Delhi, March 11 (IANS) Minister of State for Industry Ashwani Kumar Tuesday ruled out setting up a regulator to stabilise cement prices, and said the prices were already under control. "The ... Read more...
Posted in Business |
Cement companies reluctant to set up plants in Chhattisgarh
March 3rd, 2008 - 11:09 pm ICT by admin
Raipur, March 3 (IANS) Only two companies out of the eight cement manufacturers that had signed deals with the Chhattisgarh government to set up units have come forward to make the promised ... Read more...
Posted in Business |
Time to ‘cement’ India-Pakistan ties
February 28th, 2008 - 11:12 pm ICT by admin
By Devirupa Mitra
Islamabad, Feb 28 (IANS) It's time to cement ties - with Pakistan's cement manufacturers hoping to ramp up exports now that the uncertainty over the elections has ended and the ... Read more...
Posted in South Asia |