Core sector growth slips to over 1-year low of 1% in February
Commenting on the data, rating agency ICRA said: "We expect the IIP to post a subdued volume growth in February 2017."
Infrastructure sector expands 5.2% in June
Infrastructure sector grew at 5.2 per cent in June, fastest in two months, on the back of double-digit growth in coal and cement sectors.
Jaypee raises cement business value, Birla's UltraTech to now pay Rs 16,189 cr
Jaypee Group on Monday hiked the sale value of 21.2 million tonne per annum (MTPA) cement assets to Aditya Birla Group firm Ultratech to Rs 16,189 crore.
Core sector expands by 6.4 percent in March, highest in 16 months
The eight core sectors expanded to 16-month high of 6.4 per cent in March due to pick-up in refinery products, fertilisers and cement production.
Cabinet clears plan to auction coal for cement, steel sectors
llocation of coal linkages for the non-regulated sector, which includes steel and cement, will be only through the auction route to ensure transparency, government said today.
Core sector growth up 3.2% in Sept, fastest in four months
Crude oil segment declined (-)0.1 percent in September while the sector had shown a healthy growth of 5.6 percent in August.
Infrastructure sector growth slows down to 3% in June; coal, steel go lukewarm
The output growth of coal, steel, cement and electricity stood at 8.2 percent, 12 percent, 13.4 percent and 15.7 percent, respectively in June 2014.
As hope rally fizzles, half of BSE-500 stocks down up to 98% from 52-week highs
Nearly 250 stocks from BSE-500 trading close to 20-100 percent lower from their respective 52-week highs
Decoder: Why UltraTech rose 4% after cement unit acquisition
The acquisition includes 4.9 million tonne per annum (mtpa) of grinding capacity, 5.2 mtpa of clinker capacity and 180 MW of captive power plant. According to the companies’ press release, the acquisition of the Madhya Pradesh units will create significant synergies for UltraTech.
UltraTech Cement to buy two Jaiprakash plants for Rs 5400 crore
UltraTech Cement has agreed to buy two cement plants from Jaiprakash Associates for Rs 5,400 crore ($852 million) including debt, the companies said on Tuesday. Both the plants are Madhya Pradesh. <br />
Reverse auctions for coal: The intention good but ambiguities remain
Of the 92 mines to be allotted and auctioned in the first lot, 57 would be given to the power sector, and the remaining would be for industries like steel and cement.
Railways freight earnings up by over 12%
Railways carried 713.11 million tonnes of freight during April-November 2014 as compared to 677.58 million tonnes carried during the corresponding period last year, registering an increase of 5.24 percent.
Eight core industries' growth surprises on the upside, rises to 4-month high
The growth rate of eight of core industries rose to four-month high of 6.3 percent in October<br />
Now, Holcim-Lafarge deal under CCI lens. Here's why
Exercising its rarely-used powers for the second time in less than three months, fair trade watchdog CCI has put another mega merger deal -- between Holcim and Lafarge -- under public scrutiny after prima facie finding it could hurt competition in Indian cement market.<br />
Give full info on mines by 25 November, govt tells coal block allottees
The government is now planning to allocate coal blocks through auction by February next.<br />
Decoding India Inc's earnings: No signs of recovery yet but falling inflation boosts profits
A Firstbiz analysis of July-September earnings of 159 companies has shown their net profit witnessed a 37.4 percent surge while their revenue grew a subdued 4.3 percent
Govt to issue ordinance for e-auction of coal mines, hints at privatisation of sector
The move comes against the backdrop of the Supreme Court last month quashing allocation of 214 coal blocks to various companies since 1993.
Latest IIP data not worrisome: Nirmala Sitharaman
Industrial production growth as measured by IIP slowed down to 5-month low of 0.4 per cent in August mainly due to contraction in manufacturing output and lower offtake of consumer goods.<br />
The candid message that the IIP numbers offer: Its too early to cheer on the Modi magic
The IIP numbers have dampened the sentiments the markets received after a 5.7 percent GDP growth logged in the first quarter of the current fiscal year.<br />