Cost cutting is over, we are raising prices in all markets: HM Bangur, Shree Cement

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Below is the edited transcript of HM Bangur interview on CNBC-TV 18. Q: I wanted to check with you on the cement prices situation because the latest we hear is that cement prices have fallen by.

We bring you three Indian entrepreneurs who have made a mark for themselves in the global market. HM Bangur, MD, Shree. will cut interest rates, since inflation seems to be coming down and growth.

Cost cutting is over, we are raising prices in all markets: HM Bangur, shree cement people talk only when the price rises, when it falls, everybody is quiet, says Bangur.

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"Part of it is that India is becoming more competitive so hopefully the negative impact of our own high cost will not get passed on but we. as the prices are lower in the international market as.

HM Bangur, managing director, Shree Cement pointed out that cement prices in Northern India fell by Rs 10-15 on an average in the first quarter due to adverse weather conditions.

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We bring you three Indian entrepreneurs who have made a mark for themselves in the global market. HM Bangur, MD, Shree. will cut interest rates, since inflation seems to be coming down and growth.

Net sales for the company also increased by over 31% to US$884m in 2012 compared to US$676m in 2011. HM Bangur, managing director of Shree Cement, attributed the jump in profits to better capacity utilisation, increased sales and increases in other income streams thanks to legal action ruling in the company’s favour.

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