Cement prices set to increase as expenses surge
Cement

Cement prices set to increase as expenses surge

Cement prices are set to increase as costlier Asian thermal coal and a higher gas price outlook in Europe is expected to surge expenses for cement manufacturers. Power and fuel prices are likely to rise by 10 per cent in the April-June quarter because of a steep rise in coal and pet coke costs ...

Cement prices are set to increase as costlier Asian thermal coal and a higher gas price outlook in Europe is expected to surge expenses for cement manufacturers. Power and fuel prices are likely to rise by 10 per cent in the April-June quarter because of a steep rise in coal and pet coke costs in March. These price hikes would be passed on to consumers for profitability to enhance sequentially. Cement makers tried a Rs.15-20 a bag hike pan-India, led by sharper growths in the south and the east for April. Only a portion of this stands to get absorbed with more such increases expected in the coming weeks.

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Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

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Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

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Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

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