- Cement prices will remain at a 'reasonable' level, says govt (The Hindu Business Line 27th Nov 2007)
The Government on Tuesday said cement prices would remain at a "reasonable'' level owing to capacity addition by the industry coupled with a liberal import policy. "Cement prices have been stable for sometime. With a liberalised import regime we hope that the situation would be reasonable,'' Mr Ajay Shankar, Secretary in the Department of Industrial Policy and Promotion, told reporters on the sidelines of the 10th international seminar of National Council for Cement and Building Materials at New Delhi. - Lafarge to resume Meghalaya mining this week (The Hindu Business Line 26th Nov 2007) French cement company Lafarge is resuming limestone quarrying operations and restarting movement of limestone to its Bangladesh plant this week after more than six months of complete halt at Nongtrai mine in Meghalaya. ...
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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