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Cement cos target premium products to lift margins

Mumbai, Dec. 4 -- Cement makers such as Nuvoco Vistas, Birla Corp. and JK Lakshmi Cement are leaning on premium products to boost margins without raising prices-an approach analysts say may work for n... Read More


JFE's Bhushan Steel deal to help JSW slash debt

Mumba, Dec. 4 -- In a deal that is expected to ease its stretched balance sheet while sustaining an expansion drive, billionaire Sajjan Jindal-led JSW Steel will transfer the steel assets of Bhushan P... Read More


JSW Steel eyes sharp debt reduction through joint venture deal with Japan's JFE

Mumbai, Dec. 3 -- In a deal that is expected to ease its stretched balance sheet while sustaining an expansion drive, billionaire Sajjan Jindal-led JSW Steel will transfer the steel assets of Bhushan ... Read More


Cement companies push for premium products, analysts predict price war in the segment

New Delhi, Dec. 3 -- Cement makers such as Nuvoco Vistas Corp., Birla Corporation and JK Lakshmi Cement are increasing their focus on premium products to lift margins as an alternative to price hikes ... Read More


Finance ministry rejects Washington Post's claims of influence on LIC investments in Adani firms

Mumbai, Dec. 1 -- The finance ministry does not issue any advisory or direction to Life Insurance Corporation of India (LIC) on matters related to investments, finance minister Nirmala Sitharaman told... Read More


Paint makers bet on strong markets, not big discounts, as competition intensifies

New Delhi, Nov. 27 -- A bruising market-share battle is escalating in India's Rs.70,000-crore paints sector, forcing companies to look beyond aggressive discounting and instead strengthen their footho... Read More


Large shareholder pushback eases, but promoters still have their way

New Delhi, Nov. 20 -- The percentage of company resolutions opposed by large institutional investors declined in the first half ended September, even as promoters continue to have their way on most de... Read More