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Tamilnadu Cements to set up new grinding mill
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Tamil Nadu CM launches a new cement brand ‘Valimai’
Tamil Nadu Chief Minister M K Stalin has launched TamilNadu Cements Corporation's new cement brand--Valimai, which indicated strength and said it would manage the surge in cement costs and help in the development of the construction sector.
On behalf of the Industries Department at the Secretariat, Stalin rolled out TANCEM's new, high-quality product, 'Valimai' cement. Fast setting, greater compression strength and high-resistant quality were among the characteristics of the Valimai brand. Portland Pozzolana Cement (PPC) and Ordinary Portland Cement (OPC) grades are the two..
Shree Cement incurs Rs 6.62 billion profit for Q4; beats expectations
Shree Cement, India's third-largest cement manufacturer by market capitalisation announced a fourth-quarter profit that exceeded, attributing it to increased volumes driven by lower cement prices. Typically, cement companies witness a surge in volumes in the March quarter as they reduce prices to clear year-end inventory backlogs.
Analysts had anticipated that reduced fuel costs would partially offset the decline in prices. Shree Cement's profit for the quarter ending March 31 reached Rs 6.62 billion, surpassing street forecasts of Rs 6.20 billion, as per LSEG data. This marked a si..
Jaishankar Highlights Mumbai-Ahmedabad Bullet Train Benefits
india's vision of a modern and interconnected transportation network. Foreign Minister S Jaishankar has emphasised the significant benefits of the Mumbai-Ahmedabad bullet train project, citing its potential to revolutionise transportation and boost economic growth. Speaking on the project, Jaishankar highlighted its role in enhancing connectivity, fostering economic development, and strengthening bilateral ties with Japan.
The Mumbai-Ahmedabad bullet train project, a flagship infrastructure initiative between India and Japan, aims to reduce travel time between the two cities from hour..
