Report on behalf of Bengaluru Water Supply and Sewerage Board (BWSSB) in compliance of the National Green Tribunal order dated April 24, 2025. An application was filed before the NGT by Yelahanka-Puttenahalli Lake and Bird Conservation Trust, praying for stopping the construction of a pipeline on a walking path of …
The Competition Appellate Tribunal (Compat) has directed cement companies to pay 10 per cent of the penalty of Rs 6,307 crore imposed on them by the Competition Commission of India (CCI) for cartelisation. In an interim order, the tribunal also clarified the companies’ petition challenging the penalty and the Rs …
15% allowance on capital expenditure would help PSUs, too India Inc has a good reason to step up capital expenditure (capex). With the Budget proposing an additional investment allowance of 15 per cent for assets acquired and installed in the next two years for over Rs 100 crore in capital …
New Delhi Eleven cement makers whom the fair trade regulator CCI has found guilty of adopting anti-competitive practices, on Thursday approached Competition Appellate Tribunal (COMPAT) challenging its July 30 findings. It issued notices to the Competition Commission of India and listed the matter for next hearing on November 22. The …
The commission in its Q1 on June 20 had imposed a penalty of Rs 6,307.32 crore on 11 cement companies Cement manufactures, which have been slapped a penalty of over Rs 6,700 crore for price cartelisation, will have to comply with the order of the Competition Commission of India (CCI) …
New DelhiAfter penalising 11 cement companies last month for violating the provisions of the Competition Act, 2002, the Competition Commission of India (CCI) on Monday found Shree Cement also guilty of cartelisation. As a result, CCI has imposed a penalty of R397.51 crore penalty on Shree Cements, fixed at 0.5 …
The Competition Commission of India (CCI) has imposed a penalty of Rs 397.51 crore on Shree Cement for indulging in restrictive trade practices. The CCI has imposed the penalty on Shree Cement while issuing final order in the case against cement manufacturers and the Cement Manufacturers Association (CMA). “The commission …
SHREECEMENT-ANTITRUST-FINE:Shree Cement fined $72 mln by anti-trust regulator Shree Cement Ltd has been fined $72 million by the Competition Commission of India (CCI), the anti-trust regulator said in a statement, making it the twelfth cement company to be fined in a crackdown on cartelisation in the industry. Eleven cement makers …
It’s been more than seven months. Farmer representatives from 12 villages in Nawalgarh are on a sit-in protest outside the sub-divisional magistrate’s office. Their demand: do not give our fertile land to industry. Three cement giants are eyeing this limestone-rich area in Jhunjhunu district of Rajasthan. Limestone is the prime …
New Delhi: Leading cement makers such as Binani Cement, Shree Cement and ACC Cement are embracing the use of alternative fuels, energy-efficient production and new technology to cut down the carbon footprint of an industry that globally releases 5% of man-made carbon emissions. Amit Singh, senior vice president of Binani …
New Delhi: Shree Cement on Sunday said it had entered into a memorandum of understanding with the Karnataka government to invest Rs 2,000 crore for setting up a cement unit and a power plant. The company will invest Rs 1,500 crore on a cement manufacturing unit with an annual capacity …
New Delhi: With some of the plants operating at the lowest energy consumption levels, the Indian cement industry has become a forerunner in energy-efficient cement manufacturing in the world, according to yet to be released FE-EVI Green Business Survey 2009-10. The survey will be released in New Delhi on World …
After a dip in February, the cement industry is once again likely to hit the double-digit growth trajectory in March, as demand for the building material is consistently strong. On the back of demand from the infrastructure space and realty, cement makers continued selling higher volumes of cement. Hari Mohan …
8 companies plan to add 22-mt capacity. Addition of new capacities on the back of a fall in demand has led to a downturn in capacity utilisation in the industry. Suresh P. Iyengar Mumbai, Feb. 14 The Gujarat Government's decision to put its mining policy on the fast track will …
NEW DELHI: Shree Cement on Wednesday said it would invest Rs. 1,000 crore in the current fiscal to expand its production capacity, including setting up two greenfield plants and installing four captive power plants.
Chandan Kishore Kant / Mumbai July 18, 2008, 0:36 IST Step will help ensure a balance between demand and supply ACC, UltraTech Cement and other Indian cement makers may cut capacity utilisation by as much as 8 per cent in the financial year ending March 2008 as demand slows and …
Making cement is energy-intensive. Energy accounts for a significant portion of the cost of producing cement. Most technological advancement, unsurprisingly, has been directed towards reducing its consumption. Unlike other industries in India, in which technological levels lag behind the best in the world, the cement industry is state of the …
