India is the world’s largest cement producer after China. Globally, the cement industry is among the top industrial emitters of CO2. While Indian cement companies are looking to reduce their carbon footprint with blended cement, renewable power, and advanced technologies, high production costs, weak demand, and lack of subsidies pose hurdles to greening of the sector.
Health insurance major Star Health put around 100 hospitals in excluded providers’ list in Ahmedabad after it found their involvement in fraudulent practices. This irked Ahmedabad’s prominent hospital association that threatened to discontinue the cashless claim facility. The clash between insurance companies and hospitals is back. Here’s what IRDAI is doing to solve such relapsing tiffs.
Most listed stocks in the segment such as West Coast Paper, Andhra Paper, JK Paper, Seshasayee Paper and Boards, Orient Paper and Pudumjee Paper — all have posted multibagger returns in the last three years. What next for India’s paper producers? Will the stocks’ rally continue?
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