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To meet the increasing demand of its Indian customers, Saint-Gobain has announced plans to build a new flat glass plant in this country.
With the price of furnace oil, used by sheet glass makers to fire kilns, rising in line with that of crude oil, most firms have reported falling profits or losses in the quarter up to March 2008.
MUMBAI: Keynote Capitals Research has advised investors to ‘subscribe with a long term view’ to the initial public offering of Sejal Architectural Glass.
Asahi India Glass said that the company reported a standalone net loss of Rs.3.15 crores in the third quarter ended December 31, 2007 compared to a net profit of Rs.13.36 crores posted in the same quarter last year.
Gross sales and operating profit for the nine months period amounted Rs. 87188 lakhs and Rs. 17271 lakhs respectively.
Indian construction boom is here to stay for a long time. With massive construction happening all over the country, there is enormous demand for innovative construction technologies and solutions.
The British glassmaker Pilkington, with annual sales of over 4 billion pounds globally (about Rs 32,000 crore) is planning an entry into India.
"Zak Glass Technology India 2007" successfully closed on November 18, 2007. This exhibition showed the latest equipment, technology and innovation in flat glass manufacturing field and had a big success.
Friday, Asahi India Glass said that the standalone net profit for the second quarter ended September 30, 2007 declined 63% to Rs. 5.55 crores from Rs. 14.82 crores in the same quarter last year.
Investors with a two-three year perspective can retain their exposure in Asahi India Glass. At the current market price of Rs 109, the stock trades at around 36 times its trailing 12 months earnings.
Asahi India Glass Ltd sees 13-14 percent growth in automotive glass segment and 50 percent growth in architectural glass in FY08, a senior company official said on Thursday.
Officials from Asahi India Glass say the company’s architectural segment grew by 50 percent in the 2008 fiscal year, according to a Sept. 6 Reuters report.
The world’s largest organised glass, windscreen, plastic and acrylic repair company, announced the opening of Glass Polish India, at a press conference recently.
Glass Polish of US on Tuesday announced its entry into India. It is the world’s largest glass, windscreen, plastic and acrylic repair company.
Japan's Nippon Sheet Glass Co. Ltd. plans to build a 15 million euro ($20 million) automotive glass plant in India with British unit Pilkington, targeting Japanese carmakers eyeing climbing local demand.
NSG announces the start of construction of an Automotive fabrication plant in Vishakhapatnam, India. The plant, which is expected to begin production by summer 2008, will be operated by Pilkington Group Limited (“Pilkington”), a member of NSG Group.
MyIris.com reported that a meeting of the board of directors of Gujarat Borosil will be held on Jun. 27, 2007 to recommend dividend and to consider and approve the annual accounts and audited financial results for the year ended Mar. 31, 2007.
Asahi Glass Co., Ltd. (Headquarters: Tokyo; President: Masahiro Kadomatsu) has succeeded in the development of a modified perfluoropolyether (PFPE) for hard disk lubricant.
As the country faces acute power shortage and global warming debate hots up, energy conservationists caution against growing number of buildings with glass facades dotting the landscapes of cities as being responsible for energy consumption much in…
After months of planning, work is ready to begin next week on the installation of the new curtain wall at Indiana Square.
The board of directors of Asahi India Glass recommended the interim dividend of 65%, or Rs 0.65 a share, declared in the board meeting held on Mar. 17, 2007, as final dividend for the financial year 2006-07.
Asahi India Glass on Monday posted 86.64 per cent decline in profit after tax at Rs 8.94 crore for the fourth quarter ended March 31, as compared to Rs 66.95 crore for the same quarter previous year.
With prices of steel and cement on an upswing, glass is the only building material industry that has registered a drop of 25% in prices in the face of inflation.
This is a revelation of sorts for Mumbaiites who are standing on the threshold of a power crisis. Buildings with glass facades—like the many malls and corporate structures mushrooming around the cities—are guzzling unimaginable amounts of…
Saint Gobain a state-of-the-art glass manufacturing company in the country, has brought all its solar control products under a single umbrella brand – Sun Ban Reflective Glass.