- 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. ...
Sensex today closed 691.55 point up at 19854.12 , Nifty was up 218 points at 5985.10. It is the 6th bigeest gain in oneday. Today's main contributors are IT stocks. Wipro was up at 535.30 (+8.86%), Infosys up at 1810.90(+6.63%) and Satyam closed at 454.55 up by 6.28%. The buying activity was wide-base and lifted almost all the sectoral indices. Sector wise performance was as follows - BSE IT 4581.61 (+260.98) BSE Healthcare 4294.83(+52.30) BSE FMCG2218.74(+20.29) BANKEX 11101.74 (+363.15) BSE Auto5586.83(+45.57) BSE TECk3961.96 (+185.00) BSE PSU 9830.01 (+317.11) Today BSE Midcap closed at 9211.71 up by 186.17 and BSE Smallcap index closed at 11980.57 up by 167.25 points.
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