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  • Ashish Guha is rebuilding Heidelberg Cement India

    As an investment banker, Ashish Guha was known for his promptness in closing deals. The most famous of these was a 12-day affair in 2001, when he advised Sunil Bharti Mittal to acquire Spice Cell, owned by fellow billionaire BK Modi. Apart from the pace, it was the finish that gave him a high.

  • May not achieve 4mt production target in CY13: Heidelberg

    Heidelberg Cement swung into Rs 8 crore loss during Q1 from Rs 19 crore profit it posted in the year-ago period.Total expenses of the company also increased to Rs 352.97 crore from Rs 275.75 crore a year ago, mainly due to costlier raw materials, power and fuel costs and freight charges.

  • Heidelberg set to hike cement prices in south India: CMD

    Heidelberg Cements has hiked cement prices by Rs 10 on a 50 kg bag on an average in west and central India. The hike was long overdue due to a prolonged slack season, says Ashish Guha, CEO and MD of the company.

  • Expect price correction soon: Heidelberg Cement CEO

    Heidelberg Cement expects average realisations to gradually move above Rs 300/bag levels in near term as there is an uptick in demand post the slack rainy season.

  • FDI in retail to boost cement growth: Heidelberg Cement CEO

    Heidelberg Cement has hiked cement prices by around Rs 5-6/50 on each kilogramme per bag to offset the recent diesel price hike.

  • Headroom for cement cos to raise prices: Heidelberg Cement

    Giving his view on the dynamics of the cement sector, Ashish Guha, CEO & MD, Heidelberg Cement explained that in order to put up a cement plant today, one will have to spend about USD 140 a tonne, which would take 3.5-4 years.

  • Heidelberg Cement's margins improve despite high input cost

    On the back of cement prices rising across regions, Heidelberg Cement has seen a year-on-year growth in realization. The cement major which was a decent recovery in demand in the preceding quarter might see the trend continue.

  • Prices hiked by Rs 10-15/bag from June 1: Heidelberg Cement

    Cement prices were increased in June in few regions. In an interview to CNBC-TV18, Ashish Guha, managing director and chief executive officer of Heidelberg Cement says, the company has hiked prices by Rs 10-15 per bag in Central India from June 1.

  • Union Budget 2012: Heidelberg to pass part of rail freight hike to customers

    The railway freight has been recently hiked to 20%, so margins of Heidelberg would be under pressure going forward because it has not been to pass any significant cost increases to its customers in the last few quarters.

  • Expect Q1 of 2012 to be better: Heidelberg Cement India

    Ashish Guha, managing director and chief executive officer, Heidelberg Cement India in an interview to CNBC-TV18 said, "In the beginning of the year, we had expected somewhere around 7.5-8% growth in cement consumption which is kind of flat right now. So that’s the reason that prices are not going up."

  • Heidelberg sees cement prices going up by Rs 75/bag ahead

    Ashish Guha, MD & CEO, Heidelberg Cements in an interview to CNBC-TV18 spoke about the financial performance of the company and the road ahead.

  • Heidelberg Cement sees major price hikes post monsoons

    Speaking to CNBC-TV18, Ashish Guha, MD and CEO of Heidelberg Cement India said, the company plans a significant hike in prices post the monsoons.

  • Central India realisations may dip by Rs 100/t: Heidelberg

    Ashish Guha, MD of Heidelberg Cement in an interview with CNBC-TV18 said that with the onset of monsoon there has been correction in prices in various parts of the country. The company is expecting the correction to be in the range of Rs 5-10 a bag in most regions.

  • Cement price hike to counter rising coal rates: Heidelberg

    Talking about the hike in coal prices, Ashish Guha, managing director of Heidelberg Cement says that the company sees a rise of about 30% in the raw material prices for cement due to the hike in coal prices. “A and B grade coals have gone up by almost 150%, while the C,D,E,F grade coals have grown up by 30%,” he says.

  • Heildelberg plans 3 mn tonne capacity by Q1FY12

    In an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker; Ashish Guha, MD of Heidelberg spoke about the latest happenings in his company and sector.

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