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Book review | In his memoir The Ambuja Story, entrepreneur Narotam Sekhsaria throws light on origin story of the company
Arts & Culture

Book review | In his memoir The Ambuja Story, entrepreneur Narotam Sekhsaria throws light on origin story of the company

Young entrepreneurs, who are not acquainted with the economic landscape in India before liberalisation in 1991, will find The Ambuja Story quite educational.

Concrete is the third largest emitter of greenhouse gases on Earth after China, US
science

Concrete is the third largest emitter of greenhouse gases on Earth after China, US

The stakes for the planet are high: the UN estimates that three quarters of the world's infrastructure by 2050 has yet to be built.

How to Avoid Climate Disaster book review: Bill Gates points out realities of inaction in calm, reasoned manner
World

How to Avoid Climate Disaster book review: Bill Gates points out realities of inaction in calm, reasoned manner

One conclusion sure to provoke debate is Gates’ contention that to conquer global warming, we need to produce at least some of our electricity from nuclear power, which he notes, is clean and safer than ever.

Govt to release IIP data tomorrow: All you need to know about Index of Industrial Production, its eight core sectors
Business

Govt to release IIP data tomorrow: All you need to know about Index of Industrial Production, its eight core sectors

The eight core sectors have a combined share of above 40 percent in the Index of Industrial Production (IIP) which gives the growth rates of different industry groups of the economy over a specified period

Coronavirus Lockdown: Eight core sector output contracts by record 38.1% in April; cement falls 86%, steel by 84%
Business

Coronavirus Lockdown: Eight core sector output contracts by record 38.1% in April; cement falls 86%, steel by 84%

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus-induced lockdown, according to the official data

FICCI suggests resuming operations of downstream industries to minimise COVID-19 impact on cement sector
Business

FICCI suggests resuming operations of downstream industries to minimise COVID-19 impact on cement sector

Industry body FICCI on Tuesday suggested the government to resume operations of downstream industries like real estate and construction of roads and highways to minimise the impact of COVID-19 pandemic on the cement sector

Coronavirus Lockdown: Eight core industries' output contracts 6.5% in March; infra sectors log 0.6% growth in FY20
Business

Coronavirus Lockdown: Eight core industries' output contracts 6.5% in March; infra sectors log 0.6% growth in FY20

The output of eight core infrastructure industries shrank by 6.5 percent in March due to fall in production of crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity amid the coronavirus lockdown

Coronavirus: Hit on domestic cement demand likely to be transient, says Kotak Institutional Equities
Business

Coronavirus: Hit on domestic cement demand likely to be transient, says Kotak Institutional Equities

Even though the ongoing temporary shutdown in the wake of Covid-19 has impacted construction activities across the country resulting in a decline in cement uptake, the hit on domestic demand is transient, says Kotak Institutional Equities

Emami Group to sell cement business to Nirma Group company Nuvoco Vistas at enterprise value of Rs 5,500 cr
Business

Emami Group to sell cement business to Nirma Group company Nuvoco Vistas at enterprise value of Rs 5,500 cr

Emami Group on Thursday said it has entered into a binding agreement with Nuvoco Vistas Corporation Limited, part of Nirma Group, to sell 100 percent equity in Emami Cement Limited at an enterprise valuation of Rs 5,500 crore

Union Budget 2020-21: Infra firms pitch for captive renewable energy policy, exemption from cross subsidy charges
Business

Union Budget 2020-21: Infra firms pitch for captive renewable energy policy, exemption from cross subsidy charges

Infrastructure sector on Friday urged the government to bring captive renewable policy and exempt from cross-subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory boundaries

Core sector output shrinks second month in row by 5.8% in October, lowest in over decade
Business

Core sector output shrinks second month in row by 5.8% in October, lowest in over decade

Output of eight core infrastructure industries contracted for the second month in a row by 5.8 percent in October, the lowest in over a decade, indicating the severity of economic slowdown

Core sector output shrinks by 5.2% in September; except for fertilisers, all industries witnessed negative growth
Business

Core sector output shrinks by 5.2% in September; except for fertilisers, all industries witnessed negative growth

Output of core infrastructure industries shrank by 5.2 percent in September 2019 as seven of eight sectors witnessed negative growth, according to official data released on Thursday

WPI inflation at 39-month low of 0.33% in September: Near zero wholesale prices offer more bad news to a slowdown-hit economy
Business

WPI inflation at 39-month low of 0.33% in September: Near zero wholesale prices offer more bad news to a slowdown-hit economy

Wholesale price inflation (WPI) nearing zero means companies are beginning to lose pricing power and deflationary fears are looming over the economy

Core sector output growth declines to 45-month low of 0.5% in August; coal, crude oil, cement among major industries worst hit
Business

Core sector output growth declines to 45-month low of 0.5% in August; coal, crude oil, cement among major industries worst hit

During April-August, growth in the eight core industries grew by 2.4 percent from 5.7 percent in the year-ago period

Lessons for India from Donald Tump's tax cuts, market mood changes post-corporate tax slash; all this and more on Moneycontrol Pro
Business

Lessons for India from Donald Tump's tax cuts, market mood changes post-corporate tax slash; all this and more on Moneycontrol Pro

The sharp cut in corporate tax rates and the subsequent market reaction has led to technical, fundamental and data analysts changing their views.

Growth of eight core industries at 2.1% in July, down from 7.3% in 2018, says official data
Business

Growth of eight core industries at 2.1% in July, down from 7.3% in 2018, says official data

According to the data released by the government on Monday, output of coal, crude oil, natural gas and refinery products recorded negative growth in July.

Eight core sectors growth slows down to 0.2% in June on contraction in oil-related sectors, cement production
Business

Eight core sectors growth slows down to 0.2% in June on contraction in oil-related sectors, cement production

Growth of eight core industries dropped to 0.2 percent in June, mainly due to a contraction in oil-related sectors as well as cement production, according to official data

ACC June quarter net profit surges 39% to Rs 456 cr driven by improvement in operating performance, sales
Business

ACC June quarter net profit surges 39% to Rs 456 cr driven by improvement in operating performance, sales

Cement maker ACC Thursday reported 38.61 percent rise in consolidated net profit at Rs 455.68 crore for the quarter ended 30 June, 2019 helped by an improvement in operating performance and sales

Growth of core sector industries slows to 2.6% in April on decline in crude oil, natural gas and fertiliser output
Business

Growth of core sector industries slows to 2.6% in April on decline in crude oil, natural gas and fertiliser output

The growth of eight core infrastructure sectors slowed down to 2.6 percent in April, due to negative growth in crude oil, natural gas and fertiliser output

Core sectors' growth slows down to 2.1% in February on fall in output of crude oil and refinery products
Business

Core sectors' growth slows down to 2.1% in February on fall in output of crude oil and refinery products

The growth of eight core sectors slowed down to 2.1 percent in February due to fall in output of crude oil and refinery products, official data showed on Monday