The top three domestic cement players UltraTech Cement (UltraTech), ACC and Ambuja Cements (Ambuja), accounting for nearly 40% of the total installed cement capacity in the domestic market, have come out with their March 2011 quarter results and the earnings of all the three players have exceeded the street’s expectations. The key reason behind their [...]...Full Story
In India where most of the infra sectors are witnessing a slowdown in project awarding, roads have a different scenario; the sector has started picking up in full motion. After strong awarding in the first quarter of FY11, there was a lull period from July to November. However, invitation of bids from National Highway Authority [...]...Full Story