'How can the monument where the prime minister unfurls the flag on Independence Day, in a ceremony broadcast and telecast nationally, be maintained by a private entity?' asks Jyoti Punwani.......
However, many historians, conservationists and artists have slam move to 'entrust' Red Fort to cement company. Notwithstanding criticism over the government's decision to give Red Fort to a......
In a big shot in the arm for the YSR Congress party in Andhra Pradesh, a Central Bureau of Investigation court in Hyderabad on Monday granted conditional bail to its president and Member of Lok......
Two Andhra Pradesh ministers charge sheeted by the Central Bureau of Investigation in the Jaganmohan Reddy’s disproportionate assets case are out of the cabinet. After much delay Chief......
Andhra Pradesh Home Minister P Sabita Reddy and Roads and Buildings Minister D Prasada Rao, who were named as accused in disproportionate assets case involving Kadapa member of Parliament Y S......
The recent price correction in broader markets has hit cement companies hard. Image used for representative purpose only. Photograph: Anindito Mukherjee/Reuters So far in the current month,......
Even as cement companies continue to announce ambitious expansion plans, analysts turn cautious over the sector as incremental supply is expected to coincide with a weak demand growth period, and......
Cement manufacturers’ show during the June 2023-ended quarter (Q1FY24) has indicated an intensified slugfest for market share. Image used for representative purpose only. Photograph: Jayanta......
Analysts remain selective on cement stocks amid the likely government's capex push ahead of the scheduled general elections in May 2024. Photograph: Rupak De Chowdhuri/Reuters While UBS has......
The sector is somewhat highly valued, given that cement is a commodity. On an average, cement companies have an enterprise value/Ebitda ratio of 19-20 or higher, and current price-to-earnings ratio......
After The Great Khali and before him Big B put their weight behind it, the Indian cement industry has brought on board two other celebrities to solidify its growth. Of the top four companies,......