Savannah Clinker Limited entered the race to acquire Bamburi Cement Limited with a bid of KSh 70 per share, which was the highest The company owner, Benson Ndeta, was arrested on Thursday, November 28 ...

Shares of Ultratech Cement rose as much as 2.90 per cent at Rs 11,525 a piece on the BSE in Monday’s intraday trade. The stock price surged after the company on Friday said that it has expanded its ...

"The acquisition ... will further strengthen our cement footprint in the growing Southeastern U.S. and New England markets," said Chris Ward, the CEO of Heidelberg Materials North America.

India's cement industry is staring at slower growth in FY2025, with projections revised down to 4-5% due to a post-election slowdown in construction. While H1 FY2025 saw only 2% growth, the industry ...