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    • Sanjay Ladiwala doesn't see double-digit demand growth in cement

      Sanjay Ladiwala doesn't see double-digit demand growth in cement

      Demonetisation and an increase in raw material prices have dealt a double whammy to the cement sector. How long will this pain last? Will there be demand recovery in 2017? CNBC-TV18's Latha Venkatesh & Sonia Shenoy asks the experts.

    • Q3 of FY17 to be better than Q3FY16, says India Cements

      Q3 of FY17 to be better than Q3FY16, says India Cements

      Trade has found its own way post demonetisation, says N Srinivasan, VC & MD of India Cements.

    • CCI slaps over Rs 6,700 crore fine on 11 cement cos

      CCI slaps over Rs 6,700 crore fine on 11 cement cos

      Competition Commission today imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.

    • India Cements aims for 9.6MT-plus sales in FY17

      India Cements aims for 9.6MT-plus sales in FY17

      N Srinivasan, Managing Director of India Cements expects a good monsoon to trigger the cement sector's growth and says south India region is likely to lead the cement demand rise.

    • See FY15 revenue at 4X of Rs 125 cr in Q1: MM Forgings

      See FY15 revenue at 4X of Rs 125 cr in Q1: MM Forgings

      MM Forgings has a market cap of Rs 566 crore. Around 30 percent of its revenues come from the domestic market, while the majority 70 percent from exports.

    • Q1 realisation steady; eye IPL revenue in Q3: India Cements

      Q1 realisation steady; eye IPL revenue in Q3: India Cements

      In an interview with CNBC-TV18, VM Mohan, Joint President - Corporate Finance, India Cements said cement realisations have been largely steady in Q1. However, the rise in excise and freight offset the realisation improvement.

    • CCI cautions against cartelisation, warns of severe penalty

      CCI cautions against cartelisation, warns of severe penalty

      The Competition Commission of India (CCI) has pulled up 11 cement companies for forming a cartel and has penalized them with a fine of around Rs 6,000 crore. The commission has asked the companies to pay up 50% of their FY10 profits as penalty.

    • Expect growth to sustain at 10% ahead: India Cements

      Expect growth to sustain at 10% ahead: India Cements

      The company witnessed growth in southern markets after seven quarters and realisations in the region remained steady, VM Mohan, joint president - corporate finance of India Cements told CNBC-TV18.

    • Re fall to hurt P&L by Rs 30cr per annum: India Cements

      Re fall to hurt P&L by Rs 30cr per annum: India Cements

      Speaking to CNBC-TV18, VM Mohan of India Cements says that the depreciation of Rs 5 in the rupee has hurt their P&L by Rs 30 crore per annum.

    • Cement prices could go up, but earnings safe: India Cement

      Cement prices could go up, but earnings safe: India Cement

      Speaking to CNBC-TV18, VM Mohan, CFO, India Cements says that cement prices could go up, but the company will be able to maintain margins on account of the current surplus and capacity that is expected to come in.

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