The Jaiprakash Associates deal is likely be completed within the next 15-20 days once CCI gives their clearance to JP Associates. Shree Cements already has got a clearance from CCI, said HM Bangur, MD, Shree Cement in an interview to CNBC-TV18.
The demand in October was low and even though the festive season is over, the demand in November too has remained low, says Bangur.
Below is the transcript of HM Bangur’s interview with Latha Venkatesh & Anuj Singhal on CNBC-TV18.Anuj: I want to ask about this Competition Commission of India (CCI) that you have got for the Jaiprakash (JP) Associates deal. When will that deal be finished now, now that the approval is there? Latha: What is the demand price situation at this point in time? What is the kind of capacity utilisation you are doing the industry is doing and what is the price trend for say the next quarter?Anuj: How much have prices come down from peak and what is the outlook on pricing from hereon?Latha: What gains do you get by the diesel price cut in terms of margins?
- These are the best cheap air purifier deals for December 2020
- Here we go again: The US could start losing jobs very soon
- Tesco announces it is STOCKPILING for No Deal: Supermarket boss sparks Christmas panic buying fears for families amid chaotic scenes at ports already hit by covid delays
- Cyber Monday 2020 gaming laptop deals: the best deals still available
- Debit Card Distribution Weak Link in EDD Fight to End Unemployment Benefits Fraud
- China COVID-19 testing blunders stemmed from secret deals with firms
- Colorado unemployment claims rise 12.5%; soon-to-end PUA program sees most demand since June
- End of the road for Debenhams: 25,000 jobs in peril as JD Sports pulls out of buying 240-year-old chain just 24 hours after Arcadia folds - as Philip Green's staff demand he protect their pensions 'from his yacht in Monaco'
- Christmas gifts delayed until MARCH! UK ports chaos sparks supplier warning that items from PS5s, AirPods, coffee machines and DIY tools may not arrive by Dec 25 - amid growing No Deal Brexit fears
- How Chinese cronyism, secrecy and bureaucracy allowed Covid-19 to spread: Shambolic testing carried out by Shanghai firms who made secret deals with officials let pandemic take hold
- 'If a company can get FDI, an NGO too can get foreign funds'
- Disrespect: Erdogan Slams Possible US Measures Over S-400s Amid Reports That Sanctions Are Imminent
- Amid management tensions, VW takes landmark majority stake in Chinese JV
- DU VC's suspension 'delayed' but a welcome move, says DUTA
- Morning Digest: Centre firm on farm laws; COVID-19 won’t delay Rafale delivery to India, says France, and more
- VIETNAM BUSINESS NEWS HEADLINES DECEMBER 3
- Bharat Bandh Updates: Centre not ready to repeal farm laws, say farmer leaders after meeting with Amit Shah, reports PTI
- VIETNAM BUSINESS NEWS HEADLINES DECEMBER 5
- VIETNAM NEWS HEADLINES DECEMBER 12
- VIETNAM BUSINESS NEWS HEADLINES DECEMBER 8
Demand still weak; JP Associates deal soon: Shree Cement have 473 words, post on www.moneycontrol.com at November 19, 2014. This is cached page on Konitono.News. If you want remove this page, please contact us.