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1.Large contracts bagged for the Indian multinational’s various businesses

The Construction arm of L&T has secured orders from prestigious clients across various Indian states for its varied businesses.


2.Cement firms’ to benefit from demand push

According to a study by India Ratings and Research, Indian cement manufacturers are poised to benefit from the continuing demand push, led by the healthy growth expected across end-markets such as individual home building, affordable housing, roads and irrigation sectors


3.Resilient demand, moderate capacity addition, tapering costs

India Ratings and Research (Ind-Ra) has maintained a stable outlook on the cement sector for FY2020.


4.APPOINTMENTS

More than 6,000 green building professionals gathered for the Greenbuild India Conference & Expo 2018 by the USGBC, which focussed on the intersection of humanity and the built environment.


5.India Ratings maintains stable outlook for cement firms for FY2018

India Ratings and Research (Ind-Ra) has maintained a stable outlook on cement manufacturers for FY2017-18 due to stable demand growth, despite an increase in input costs.


6.Winners - Prism Cement

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.


7.LafargeHolcim to benefit from government´s infra spending

LarfargeHolcim, European cement manufacturers with a presence in India, expects to benefit if the government´s plan to ramp up infrastructure spending comes to fruition. India´s Budget for 2016-17 includes plans to hike public infrastructure spending, especially on roads, which could revive the stagnant cement demand in the country.


8.CREDA, BAI join hands against CMA

Alleging the Cement Manufacturers Association (CMA) to have deliberately increased the cement prices by 50 per cent in a month, the Confederation of Real Estate Developers´ Associations, Builders Association of India


9.CMA oppose railways freight rate hike

The Government of India has approved a steep hike in the passenger train fares and freight rates of the Indian Railways. The freight rates will now go up by 6.5 per cent.


10.CMA demands green status to waste heat recovery units

According to the Cement Manufacturers Association (CMA), the government should accord renewable energy status to waste heat recovery (WHR) units deployed for co-generation of power at the cement plants. The green status would also help mini to small cement plants towards setting up such systems.