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Cement major orders around 250 Montra electric trucks for a 1,450-km industrial corridor across four states, in one of India’s largest long-haul EV freight deployments View More

Hopes for a resolution to the US-Iran conflict have pulled oil prices about 15% lower from the peak hit last week View More

This development expands the scope of the mine to include the mining of dolomite capacity of 2.4 million tonnes per annum. View More

The company plans to raise ?5,000 crore ($517.80 million) through bonds maturing in 2.5, 3.5, and 5 years View More

We look at the prospects of Hyundai Motor India, HeidelbergCement India, Bank of India and V-Guard Industries View More

UltraTech Cement (?11,846) has announced an interim dividend, which will lead to necessary adjustments in the F&O contracts on this stock on the record date View More

Birla Corporation’s revenue from operations, however, rises 7.8% to ?2,646.45 crore in Q1 FY27 View More

Dalmia Bharat's newly acquired central India assets will contribute meaningfully to volumes starting this fiscal's third quarter. The company acquired cement assets from Adani Group, adding over five million tonnes of capacity. Operations have commenced at Chunar and trial production began at Rewa within fifty days. Consolidated profit halved in the June quarter due to higher costs and an exceptional loss. View More

Dalmia Bharat 's recently acquired assets in central India are likely to contribute "meaningfully" to its overall volumes from the third quarter of this fiscal, its senior management said on Friday. The company acquired the cement assets of Jaiprakash Associates from the Adani Group in May, adding over 5 million tonnes of capacity. It has commenced operations at the Chunar grinding unit , and started a trial production run at Rewa within 50 days on the acquisition, the management said. "This asset offers meaningful opportunity for de-bottlenecking and brownfield expansions," MD Puneet Dalmia said on a call. "It is a great strategic fit for Dalmia, as it strengthens our presence in a key growth market and marks another important step in our journey towards becoming a truly pan-India company," he said. For the June quarter, Dalmia Bharat's consolidated profit halved year-on-year to ₹192 crore weighed down by higher costs and an exceptional loss, even as sales volume and revenues grew compared to a year ago. The company has recognised an exceptional loss of ₹182 crore, primarily related to the costs of its recent acquisition. Its volumes grew 9% on year during the quarter to 7.6 million tonnes, while revenue rose 7% to ₹3,890 crore. Yatin Malhotra has been appointed as the chief financial officer. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)

A pioneering development in space materials, the recently created 'Moon cement' derived from lunar and Martian simulants has shown exceptional durability, surviving for half a year outside the International Space Station unscathed. Remarkably, one formulation achieved a 35% boost in compressive strength over Earth-based counterparts, illuminating promising avenues for constructing habitats on the Moon utilizing local soil resources. View More

The Finance Committee of the board approved a proposal to raise funds by issuance of up to 5,00,000 non-convertible, non-cumulative debentures of ?1,00,000 each View More