News for 'Indian Cements'

Why India Inc is opting for long-term borrowing

Why India Inc is opting for long-term borrowing

Rediff.com16 Jan 2025

With short-term rates firming up due to tight liquidity conditions, Indian corporates are opting to borrow long term to take advantage of the attractive rates by locking them in these uncertain times. The banking system has a liquidity deficit of over Rs 2 trillion. According to market participants, engineering conglomerate Larsen & Toubro (L&T) raised Rs 1,500 crore through 10-year bonds in December 2024.

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rediff.com13 Jan 2025

Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations, and the rupee logging its steepest single-day fall in nearly two years dampened investors' sentiment.

Adani group's Ebitda may go past Rs 1 trn in FY25 on infra, power biz

Adani group's Ebitda may go past Rs 1 trn in FY25 on infra, power biz

Rediff.com27 Aug 2024

Adani group is on track to surpass a combined Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 1 trillion in the ongoing financial year (FY25) as it prepares for a $2 billion (over Rs 16,700 crore) share sale by its flagship entity Adani Enterprises next month, according to a source close to the matter.

Another batch of Indian troops to depart Maldives this month: Muizzu

Another batch of Indian troops to depart Maldives this month: Muizzu

Rediff.com3 Apr 2024

Following a high-level meeting in New Delhi on February 2 between the two sides, India agreed to replace its military personnel operating the three aviation platforms in the Maldives by May 10. The first batch left the island nation well before March 10.

Adani stocks' mcap erodes by Rs 2.45 lakh cr

Adani stocks' mcap erodes by Rs 2.45 lakh cr

Rediff.com21 Nov 2024

Adani group stocks faced heavy drubbing during the early trade on Thursday, with Adani Energy and Adani Enterprises tumbling 20 per cent, as billionaire Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay $250 million bribe to Indian officials in exchange for favourable terms for solar power contracts. The stock of the group's flagship firm Adani Enterprises plunged 20 per cent, Adani Energy Solutions tanked 20 per cent, Adani Green Energy plummeted 19.17 per cent, Adani Total Gas tumbled 18.14 per cent, Adani Power slumped 17.79 per cent, and Adani Ports dived 15 per cent on the BSE.

Pant Or Rahul? Who Will India Pick For 1st ODI?

Pant Or Rahul? Who Will India Pick For 1st ODI?

Rediff.com5 Feb 2025

Choose Your India team for the first ODI against England in Nagpur.

The Birla Who Turned His Back On Cricket

The Birla Who Turned His Back On Cricket

Rediff.com5 Dec 2024

In December, Aryaman Birla made a decision that would surprise many: he announced an 'indefinite sabbatical' from cricket.

V Narayanan takes charge as ISRO chairman

V Narayanan takes charge as ISRO chairman

Rediff.com14 Jan 2025

Narayanan has a long and distinguished career at ISRO, having played a key role in several important missions, including Chandrayaan-2 and 3, and the Gaganyaan programme.

Budget 2025: Consumption-related stocks likely to see further gains

Budget 2025: Consumption-related stocks likely to see further gains

Rediff.com3 Feb 2025

Market reaction to the Union Budget was overall neutral. The income tax "gift" wasn't enough to move the needle. There was some apparent rationalisation of Customs duty structure as well as cuts on import duties of some key components for the telecom and IT industry and duty cuts on vehicle imports. Other proposals related to development of agriculture and rural economy and renewables seem to be generally positive.

Ustad Zakir Hussain Passes Away

Ustad Zakir Hussain Passes Away

Rediff.com16 Dec 2024

Tabla maestro Ustad Zakir Hussain died at a hospital in San Francisco, his family said on Monday.

Moments From Ashwin's Exceptional Journey

Moments From Ashwin's Exceptional Journey

Rediff.com18 Dec 2024

Ashwin's legacy, marked by his intellect and dominance on the field, will resonate for years to come.

How Sholay, Deewar, Aandhi Changed Cinema

How Sholay, Deewar, Aandhi Changed Cinema

Rediff.com21 Jan 2025

'Do films today even have the courage to question the establishment?'

'Jaiswal will score more than 40 Test hundreds'

'Jaiswal will score more than 40 Test hundreds'

Rediff.com27 Nov 2024

Hailed as one of Indian cricket's brightest young talents, the 22-year-old Yashasvi Jaiswal made a dazzling start to his Test career.

Violence in Parbhani after Constitution replica damaged

Violence in Parbhani after Constitution replica damaged

Rediff.com12 Dec 2024

Violent protests erupted in Parbhani, Maharashtra, India, for the second day over the vandalising of a replica of the Indian Constitution. Prohibitory orders were imposed in the city, banning gatherings of five or more people in public places. A mob indulged in arson and vandalised the district collector's office. Police arrested a man in connection with the incident, but protests continued. Protesters demanded a thorough investigation and blamed the government's lax approach.

India 1-2 in Club Throw; Dharambir smashes Asian mark

India 1-2 in Club Throw; Dharambir smashes Asian mark

Rediff.com5 Sep 2024

Dharambir and Pranav Soorma scripted history as they won the gold and silver medal respectively in men's club throw - F51 final, at the Paralympics.

Can Modiji Fix The Economy's Problems?

Can Modiji Fix The Economy's Problems?

Rediff.com7 Jan 2025

'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.

Didi annoyed as Shree Cements ends deal with East Bengal

Didi annoyed as Shree Cements ends deal with East Bengal

Rediff.com23 Aug 2021

'East Bengal have a great legacy. We all want Mohun Bagan and East Bengal to play in ISL. I am very happy that Mohun Bagan are playing and we all want East Bengal to play in the ISL too.'

'Not intensity but rhythm and flow': India fielding coach Dilip

'Not intensity but rhythm and flow': India fielding coach Dilip

Rediff.com5 Oct 2024

It took the Indian team many intense sessions on the ground and off it to transform into a world class fielding unit. But, at the MPCA stadium here on Friday, its much-admired fielding coach T Dilip's focus was not on intensity but on "rhythm and flow".

Champions Trophy: 10 Must-Watch Players

Champions Trophy: 10 Must-Watch Players

Rediff.com19 Feb 2025

The 2025 Champions Trophy promises to be a battleground for the world's top cricketers, with several players ready to leave their mark on the tournament.

Sensex rises 592 pts, Nifty closes above 25K on buying in IT, banking shares

Sensex rises 592 pts, Nifty closes above 25K on buying in IT, banking shares

Rediff.com14 Oct 2024

From the Sensex pack, Tech Mahindra, HDFC Bank, Larsen & Toubro, ITC, Infosys, IndusInd Bank, Kotak Mahindra Bank, Titan and HCL Technologies were among the gainers. Maruti Suzuki India, Tata Steel, Bajaj Finance, UltraTech Cement, Nestle India, Axis Bank and Tata Consultancy Services (TCS) were among the laggards.

Mohun Bagan rally to beat Kerala; stay top of ISL

Mohun Bagan rally to beat Kerala; stay top of ISL

Rediff.com14 Dec 2024

Mohun Bagan Super Giant beat Kerala Blasters 3-2 to register their fifth consecutive home win and cement their top spot in the Indian Super League.

Pak cement lands in trouble at Indian port

Pak cement lands in trouble at Indian port

Rediff.com7 Apr 2007

Cement import from Pakistan received a jolt when consignments from the neighbouring country was held up at Nhava Sheva port for want of quality clearance.

A Labourer's Daughter Is World Champion

A Labourer's Daughter Is World Champion

Rediff.com1 Feb 2025

When Kasturi Rajamurty won a gold medal in powerlifting at the WPPL World Cup in Russia, she sure had come a long way. From a life of penury to constantly being short of funds to fuel her passion, she had finally triumphed, and how.

IPL 2025: Meet The Gujarat Titans Squad

IPL 2025: Meet The Gujarat Titans Squad

Rediff.com26 Nov 2024

The Gujarat Titans have cemented their status as a dominant force in the IPL. With a strategic blend of experience and youth, the team is poised to make another strong bid for the title in IPL 2025.

Why Kumar Mangalam Birla is the undisputed king of India's cement sector

Why Kumar Mangalam Birla is the undisputed king of India's cement sector

Rediff.com4 Dec 2018

The acquisition of the debt-laden Binani has catapulted Birla-owned UltraTech to the top spot in India, leaving it free to turn attention to overseas market

'Jaiswal will entertain; he will love these pitches'

'Jaiswal will entertain; he will love these pitches'

Rediff.com19 Nov 2024

Hailed as one of Indian cricket's brightest young talents, Yashasvi Jaiswal has made a dazzling start to his Test career.

BSE, NSE end marginally lower in highly volatile trade

BSE, NSE end marginally lower in highly volatile trade

Rediff.com6 Dec 2024

From the 30-share pack, Adani Port, Bharti Airtel, Asian Paints, IndusInd Bank, Bajaj Finserv, Reliance Industries, Infosys, UltraTech Cement, HDFC Bank, HCL Technologies and ICICI Bank were among the laggards. Tata Motors, Axis Bank, Maruti, Larsen & Toubro, ITC and Tata Steel were among the gainers.

How Vihari cemented his place in the Indian Test team

How Vihari cemented his place in the Indian Test team

Rediff.com13 Dec 2020

Hanuma Vihari looks set to bat at number six in the first Day/Night Test at Adelaide.

Paris Paralympics: India schedule on Saturday, Day 3

Paris Paralympics: India schedule on Saturday, Day 3

Rediff.com31 Aug 2024

Check out the schedule for India's athletes at the Paralympics in Paris on Saturday.

SEE: 18 migrants found crammed inside cement mixer

SEE: 18 migrants found crammed inside cement mixer

Rediff.com2 May 2020

All of them were sent to a shelter for medical examination and a bus was being organised for their further transit, he said. A video of workers emerging from the small hole of the cement-mixer in the presence of police has gone viral on social media.

3 Indian women killed in horrific accident in US

3 Indian women killed in horrific accident in US

Rediff.com27 Apr 2024

The women were travelling in the SUV speeding in the northbound lanes of Interstate 85, Chief Deputy Coroner Mike Ellis from the Greenville County Coroner's Office said.

Heavyweight stocks drag Sensex down by 638 points

Heavyweight stocks drag Sensex down by 638 points

Rediff.com7 Oct 2024

Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the sixth consecutive session, the BSE Sensex tumbled 638.45 points or 0.78 per cent to settle at 81,050. During the day, it plummeted 962.39 points or 1.17 per cent to 80,726.06. The NSE Nifty slumped 218.85 points or 0.87 per cent to end at 24,795.75.

India Inc revenue growth in Q2 likely slowest in 4 years

India Inc revenue growth in Q2 likely slowest in 4 years

Rediff.com25 Oct 2024

The revenue growth of Indian companies for the July-September quarter is estimated to be 5-7 per cent year-on-year (Y-o-Y), marking the slowest growth in 16 quarters, rating agency CRISIL said on Thursday.

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

Rediff.com6 Dec 2023

The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.

'A Comeback In Sanju Style'!

'A Comeback In Sanju Style'!

Rediff.com13 Oct 2024

'This is not just a 100, this is an emotion.'

Beware! Markets Headed For Downturn

Beware! Markets Headed For Downturn

Rediff.com26 Nov 2024

Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.

India's complete dominance in 2024 as Shah gets ICC reigns

India's complete dominance in 2024 as Shah gets ICC reigns

Rediff.com2 Dec 2024

Here's a wrap of all major international episodes in 2024.

IPL Auction: 10 Most Expensive Players

IPL Auction: 10 Most Expensive Players

Rediff.com26 Nov 2024

The IPL 2025 auction was a spectacle of astronomical bids and shattered records.

692 Stocks Move Into Bear Territory

692 Stocks Move Into Bear Territory

Rediff.com19 Nov 2024

The sharp pullback in mid and smallcap stocks signals a cooling-off period in segments that previously attracted considerable investor interest.