Prism Cement is a central India-based cement manufacturer with two units (2 million tonne and 3.6 million tonne) at Satna in Madhya Pradesh. While the nameplate capacity is 5.6 million tonne, the units have a potential to produce 7 million tonne. The company sells under the brand -´Champion´ and ´Hi-Tech´. Dispatches to central markets are ~80 per cent and the rest is sold in the eastern region.

Prism Cement has acquired 15.23 per cent stake for Rs 21 crore in BLA power.The firm has also entered a power supply agreement.

Prism Cement is adopting several measures to reduce debt. The company´s focus on cost rationalisation with a pick-up in cement and tiles demand and steps taken

With established metros reaching saturation point, Tier-II and Tier-III cities could hold the promise of a better quality of life. CW PROPERTY TODAY gives you a realty check. With India actively working to recast its urban landscape

There is a huge demand from small scale industries to develop a dry port in the Satna, Katni and Singarauli region. This region has been planned as the new industrial corridor and is also known as a cement producing hub in central India

In late August this year, around the time the beleaguered rupee was just about spinning back to recovery mode following a disgraceful showing versus the US dollar inspiring a sigh of relief in the financial canyons of Mumbai´s Dalal Street top officials from Larsen & Toubro (L&T) landed at Ashgabat, the capital of Turkmenistan, to parley with the country´s deputy prime minister.

The board of Birla Corporation recommended a scheme of amalgamation, under which its subsidiary Talavadi Cements would be merged with itself. Birla Corporation holds a 98 per cent stake in Talavadi Cements. The board proposed to merge the subsidiary firm after considering the valuation report by chartered accountancy firm Ray & Ray and a fairn

In Madhya Pradesh, AdityaBirla Group-owned cement major, Ultra Tech, has decided to invest Rs 3,000 crore in Katni district for setting up a cement plant there. The amount would be spent over three to five years' time. This was confirmed by MP Trade and Investment Facilitation Corporation MD Arun Kumar Bhatt. The company is planning to set up a new 2 mta cement plant there, he added.

An overview of the fortunes of earthmoving equipment shows how much the industry is dependent on growth-oriented government policies. Policy paralysis has slowed demand for all sorts of earthmoving equipment. Sales were sluggish last year.