New Delhi, May 20 (IANS) Operating profitability for Indian cement companies is expected to moderate in 2026-27 as higher power and fuel prices and rising selling costs linked to geopolitical tensions in West Asia weigh on margins, a report said on Wednesday.The report from ICRA highlighted that the OPBIDTA per tonne for its sample set of cement companies is projected to ease by 10–15 per cent to Rs 820–870 per metric tonne in 2026-27, from an estimated Rs 950–980 per metric tonne in 2025-…
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Jaipur, April 20 (IANS) Prime Minister Narendra Modi will dedicate the Pachpadra Refinery in Balotra district of Rajasthan to the nation on Tuesday, marking a significant milestone for both Rajasthan and the country. In preparation for the grand inauguration ceremony in Pachpadra (Balotra district), the district administration has put in place comprehensive and modern arrangements at the public meeting venue.Given the prevailing intense heat conditions, special emphasis has been laid on public c…
New Delhi, Dec 29 (IANS) India’s petrochemical consumption growth is expected to remain robust at 6-7 per cent per annum in the medium term, driven by economic expansion and downstream product demand, according to a report released on Monday.Against this backdrop, reducing reliance on imports is viewed as a key strategic aim. Consequently, both public and private-sector companies have developed aggressive plans to increase their petrochemical capacity, said the CareEdge Ratings report.Polyprop…