Even as demand for cement has picked up from Q3 FY2018 and the trend is expected to continue in Q4 FY2018, with the growth expected at around 5% in FY2018 and FY2019, expectation of higher petcoke, coal and diesel prices are likely to put pressure on the profitability margins and debt metrics of the cement companies in the coming quarters.
Category: ECONOMY & POLICY
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Great Sports Infra – From Strides to a Marathon
Great Sports Infra (GSI) - A leading sports infrastructure company has constantly been delivering innovative, next-generation infrastructure solutions on turnkey basis that has significantly improved the dynamics and economics of sports predominantly within the South Asian region.
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PMAY-U: A Boost For Urban Housing
According to economic survey 2015v16, the decade to 2011 saw inter-state migration of 60 million people and inter-district migration of around 80 million people. However, within the next four years, by 2015, the number of inter-state migrants increased by 45 million.
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Make in India gets metro boost
The Ministry of Urban Development gives the "Make in India" campaign a boost with the rapid expansion of metro rail projects.
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Post Budget Analysis | Cement
Improved rural incomes, higher rural credit and increased allocation for the rural, agricultural and allied sectors are likely to boost rural demand, including the requirement for rural housing.
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Post Budget Analysis | Infrastructure
Capital outlay for the infrastructure sector up to Rs 5.97 lakh crore in FY2018v19 (up 20.8 per cent over FY2018), with major increase for segments like railways, telecommunication and affordable housing.
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Eco Expo Asia 2017
Organised by the Hong Kong Trade Development Council and Messe Frankfurt (HK) Ltd, and co-hosted by the Environment Bureau of the Government of Hong Kong Special Administrative Region (HKSAR)
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Advisian appoints Adam Boughton to grow infrastructure business
Advisian, the technical and management consulting division of WorleyParsons, has appointed Adam Boughton to the newly created role of Regional Director Infrastructure, Europe, Middle East and Africa (EMEA). Adam will serve as a member of the EMEA Leadership team and will focus on growing AdvisianĂâs Infrastructure business across in the region.
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Schindler to invest Rs 170 crore in brownfield project
Schindler India, leading providers of escalators and elevators, a 100% owned subsidiary of Schindler Group is set to invest Rs 170 crore to expand its manufacturing facilities by setting up IndiaĂâs first Escalator manufacturing line and towards improving its Research and development facilities at its plant near Chakan in Pune.
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Peninsula Land Ltd’s Salsette27 receives its RERA registration key
Peninsula Land Ltd has announced that their latest luxury residential project in Byculla received the registration certificate for RERA (Real Estate Regulatory Authority). The registration number for the project is Maha RERA Reg. No P51900000642. Launched nine months ago, Salsette 27 is already registered in MahaRERA website.