Cement Sector and opportunities in India Sector overview India is the 2nd largest cement producer in the world after China.The production of cement was 502 Million tonnes in 2018 and expected to grow 550 tonnes by 2020. The demand of the cement industry is expected to reach 550-600 MT per annum (MTPA) by 2025 because of the expanding demand of different sectors, i.e., housing,...
1. Rise in Petrol and Diesel Prices The petrol price in Mumbai was Rs. 95 per Litre on Saturday and it has increased by 30 Paisa. Diesel price also increased by 36 paise from the Saturday rates. There is a price difference between Petrol and diesel prices from state to state due to tax and duties. Central And state tax makes up 61% of retail selling price and 56% of diesel prices....
Vodafone Idea Group – Vodafone Group is evaluating to sell its stake in Indus tower to infuse capital in Vodafone Idea to meet capital requirement. This action takes place when the global leader of Vodafone ask its promoter to infuse capital in the Group. It is a discussion going on and if they want to implement this process, UK- Vodafone need to bring its shareholder on Board. Bajaj...
Ceat Tyres – Ceat tied up with Nissan to supply Securarange of tyres for Nissan magnite Model. Ceat is providing the best in class in these segments and the design is made in such a bay that they make less noise on-road and give a comfortable ride experience. These tie-ups help ceat to acquire more business in tyre segments.Hero MotoCop – due to lockdown and low availability of...
Blue dart prepares for Vaccine Shipment – Blue Dart is now working with Pharma companies to prepare for covid -19 vaccine as there transfer partner. They are closely working with Pharma companies in covid vaccine development phase and there is specific requirement of temperature ( upto-80* c). we can see the good rally in logistic sector in next 1 years time...