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1.Cement demand declines after 20 years

Demand for cement fell by 0.68 per cent during the April-June quarter compared with the corresponding period last fiscal as political crisis in large consumer states held up infrastructure and realty projects.


2.Cementing The Future

Alok Sanghi, Director, Sanghi Industries Ltd, is a Business Management Graduate from Indiana University, USA. He looks after corporate and strategic affairs of the company and has explored several international markets for cement exports


3.Cement capacity to increase by 110 mn tonne in 3 years

According to the Cement Manufact-urers' Association, about 110 mn tonne of cement capacity will be added at an investment of Rs 50,000 crore in the next three years.


4.CMA wants deduction in cement tax

Cement Manufacturers Association (CMA) has urged the government to bring down the overall tax on cement by 20-25 per cent, in a pre-Budget representation.


5.Cement industry seeks export subsidy to ease oversupply

The cement industry is looking at the export market to ease the glut created by capacity addition and has thus, sought export subsidy from the government.


6.Delighting customers, whereby their loyalty became unshakeable, has held us in good stead

While her taking over the reins of the then JK Corp Ltd was purely circumstantial, she proved the naysayers wrong with her brilliant handling of the affairs of her company - now rechristened JK Lakshmi Cement Ltd.


7.Rajasthan govt gave undue benefits to cement firms:PAC

The State government appears to have allowed undue advantage to the cement manufacturers in Rajasthan, causing a loss of crores of rupees to the exchequer between 2002 and 2005.


8.Rajasthan govt grants undue benefits to cement firms

The Government of Rajasthan appears to have granted undue advantage to the cement manufacturers in the state, causing a loss of crores of rupees to the exchequer between 2002 and 2005. The State assembly's Public Accounts Committee (PAC) has initiated a probe into the irregularity.


9.Pak's cement exports to India drop by 39%

According to the recent results posted by All Pakistan Cement Manufacturer Association (APCMA), Pakistan's cement exports to India have been declining unabatedly since the two countries unlocked their borders for liberal bilateral trade. Exports to India dropped by a whopping 39 per cent YoY.


10.Indian cement firms approach Tribunal against CCI order

Eleven cement makers, who were found guilty by the fair trade regulator Competition Commission of India (CCI) for adopting anti competitive practices, challenged its July 30, 2012 findings by approaching Competition Appellate Tribunal (COMPAT). The tribunal issued notices to the CCI and listed the matter for next hearing on November 22.


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