UltraTech Cement Keeps Top ‘AAA’ Credit Rating from CARE Ratings
UltraTech Cement, a part of Aditya Birla Group, has once again received the highest rating of ‘AAA’ from CARE Ratings, signifying its robust financial position and leadership in the industry. Key Ratings and Financial Strength: Why UltraTech Cement Retains ‘AAA’ Rating: CARE Ratings says the ‘AAA’ rating reflects UltraTech’s leadership in the Indian cement industry. […]
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ArcelorMittal Nippon Steel to Build Largest Plant in India
AMNS is building its biggest plant in India at Nakkapalli, Anakapalli district with an investment of Rs 1.47 trillion. The project will be executed in two phases: Rs 617.80 billion for phase 1 and Rs 853.82 billion for phase 2. Once completed, the plant will produce 17.80 million tonnes of steel per year. Phase 1 […]
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Nielsen Opens New Offices in Mumbai and Bengaluru to Boost Growth and Innovation in India
Nielsen, a audience data and analytics company has opened offices in Mumbai and Bengaluru to grow its business and technology in India. The new offices are located in Goregaon, Mumbai and Whitefield, Bengaluru as part of the company’s expansion plans in the region. The Mumbai office is 1,50,000 sq ft and the Bengaluru office is […]
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IESA Vision Summit 2025: India’s Growing Role in the Global Semiconductor Industry
IESA Vision Summit 2025 kicked off on March 5, 2025 at Mahatma Mandir Convention and Exhibition Centre, Gandhinagar, Gujarat as part of “Gujarat SemiConnect 2025” with Chief Minister of Gujarat, Bhupendrabhai Patel inaugurating the event. Highlights Theme of the year is “Silicon Gujarat: Powering India’s Semiconductor Revolution”. Over 1500 people from across the globe including […]
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Mana Projects’ Latest Acquisition in Bangalore
India’s construction industry is a big contributor to the economy, 9% of the GDP and 50 million people employed. But it still has a transparency problem. That’s why it’s hard to build trust, improve efficiency and grow long term. One of the main issues is project approvals and regulations. Bureaucratic delays and unclear processes lead […]
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CCI Approves Ambuja Cements’ Plan to Buy 72.8% of Orient Cement
CCI approves Ambuja Cements’ plan to buy up to 72.8% of Orient Cement Ambuja Cements is a major cement player producing OPC, PPC and PCC. The company has 22 cement plants, 10 cement terminals and 21 grinding units in India. Orient Cement makes grey cement (PPC and OPC) with plants in Telangana, Karnataka and Maharashtra. […]
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India’s Finished Steel Imports Reach Record High from China and Japan
India’s finished steel imports from China, South Korea and Japan hit a record high in the first ten months of 2024-25 as per provisional government data obtained by Reuters. As the second largest producer of crude steel, India imported more steel than it exported between April and January. Record Import from Key Asian Suppliers South […]
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Cement Industry Supports EU’s 2040 Emissions Target
Cement is the foundation for a green economy. The cement industry is committed to reducing carbon emissions but it will take more than just plans, it will take everyone to work together. The decarbonisation bank is a big step to fund innovation and attract the investments to meet the 2040 targets. It’s important this funding […]
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Embassy REIT Invests Rs 100 Crore in Bengaluru Metro Expansion
Embassy Office Parks REIT has invested Rs 100 crore to fund the Metro ORR project which is a part of Bengaluru’s growth. This investment will support the construction of Kadubeesanahalli Metro Station on the Outer Ring Road (ORR) which will be named “Embassy TechVillage Kadubeesanahalli Metro Station” for 30 years after it opens. Embassy REIT […]
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Dalmia Bharat to Increase Cement Production in Maharashtra & Karnataka
Dalmia Bharat Ltd, one of India’s top cement companies, will invest around Rs 35.20 billion in Maharashtra and Karnataka. The company will set up a 3.6 million tonnes per year (MnTPA) clinker unit and 3 MnTPA grinding unit at its Belgaum plant in Karnataka. Besides this, a new 3 MnTPA grinding unit will be commissioned […]
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