Latest news with #CMA
&w=3840&q=100)
Business Standard
7 hours ago
- Business
- Business Standard
Cement industry grows 9% in May; margins rise on stable input costs: Icra
The cement industry has registered a 9 per cent volume growth in May this year at 39.6 million metric tonnes (MT), while the average cement prices also increased by 8 per cent, says a report. According to the latest report by rating agency Icra, the cement industry, which is facing a lower sales realisation, also reported a price growth of 8 per cent to Rs 360 per 50 kg bag in May 2025. Moreover, there is also improvement in operating margins, led by stable input costs as energy prices of coal and petcoke, are lower and diesel prices are stable, the report added. "In the first two months (April and May) of FY'26, the prices were up 7 per cent year-on-year (YoY) at Rs 360/bag (of 50 kg). In FY2025, cement prices declined by 7 per cent YoY to Rs 340/bag," it said. Moreover, in the months of April and May this fiscal, volumes increased by 8 per cent YoY to 78.7 million MT. "In FY2025, volumes rose by 6.3 per cent to 453.0 million MT," it said. Based on this, Icra expects cement volumes to grow by 6-7 per cent YoY to 480-485 million MT in FY2026, backed by sustained demand from the housing and infrastructure sectors. "The operating margins for Icra's sample set of companies are likely to improve by 80-150 bps to 16.3-17.0 per cent in FY2026, on account of expected hike in cement prices and stable input costs," it said. Prices of inputs as coal and petcoke decreased and diesel was stable in June despite geopolitical tensions. "In June 2025, coal prices decreased by 19 per cent YoY to USD 100/MT and petcoke prices were lower by 2 per cent YoY at Rs 10,880/MT. Diesel was stable at Rs 88/litre on a YoY basis. "In Q1 FY2026, the prices of coal were lower by 6 per cent, petcoke prices were higher by 1 per cent and diesel prices were stable on a YoY basis," it said. According to the Cement Manufacturers' Association (CMA), the apex body of large cement plants in India, India's installed cement capacity stood at 690 MT.
India Gazette
2 days ago
- Business
- India Gazette
Symbiosis College of Arts and Commerce Announces Final Phase of UG & PG Admissions for Academic Year 2025-26
SMPL New Delhi [India], June 27: Symbiosis College of Arts and Commerce (SCAC), one of Pune's premier educational institutions, has announced the release of its 3rd Merit List for Undergraduate (UG) admissions for the academic year 2025-26. Admissions based on the 1st, 2nd, 3rd, and 4th UG merit lists are currently ongoing, with the final deadline for all UG admissions being June 30, 2025. The 4th Merit List for Undergraduate (UG) programmes at Symbiosis College of Arts and Commerce has now been declared. Students shortlisted in the 1st, 2nd, 3rd, and 4th merit lists are required to complete their admission process by June 26, 2025. This marks the final deadline for all UG merit list-based admissions for the academic year 2025-26. Applicants are advised to complete the necessary formalities within the stipulated timeline to secure their admission. This marks the final call for prospective undergraduate applicants to confirm their seats in SCAC's competitive and in-demand programmes, including B.A., and industry-integrated specialisations with global accreditations like ACCA (UK), Business Analytics (IoA, UK), and CMA (IMA, USA). Meanwhile, the Postgraduate (PG) admission based on the declared merit list will close on 26th June, with programmes including M.A. in English, Economics, and with specialisations in Business and Technology Management and Finance. For the M.A. in Psychology, shortlisted candidates will also undergo an online interview process. Dr. Tessy Thadathil, Officiating Principal at SCAC, emphasised, 'This final phase of admissions marks an important moment for aspiring students to take charge of their academic journey. At SCAC, we don't just offer degrees; we nurture curiosity, critical thinking, and a global outlook. We invite students to join a legacy of excellence that empowers them to lead with purpose, integrity, and vision in every field they pursue.' Important Dates: * Undergraduate pre-merit applications will be accepted until June 30, 2025 * For PG programs, admissions for all first merit list will close on 26th June * MA Psychology Merit List to be declared soon Eligibility Criteria: UG admissions remain strictly merit-based, with selection dependent on the aggregate percentage of all subjects in the qualifying 10+2 examination. 'Best of Four' or 'Best of Five' percentages will not be accepted. Reservation policies are applicable as per Government of Maharashtra guidelines for eligible candidates. For PG programmes, applicants must hold a relevant bachelor's degree. Those applying for M.A. Psychology must have completed a B.A. or in Psychology. The admission process includes submission of the pre-merit online form, uploading of required documents, and payment of the non-refundable application processing fee of 1500 through digital payment modes. Applicants are urged to regularly check the official college website and registered email for updates on merit lists and next steps. All official communication will be done only through the college website and applicant email IDs. For more information on eligibility criteria, document requirements, detailed programme descriptions and confirmation of the dates, please visit the official college website at (ADVERTORIAL DISCLAIMER: The above press release has been provided by SMPL. ANI will not be responsible in any way for the content of the same)
Zawya
2 days ago
- Business
- Zawya
Saudi CMA greenlights Cherry Trading's IPO on Tadawul
Riyadh – The Capital Market Authority (CMA) has passed the initial public offering (IPO) of Cherry Trading Company to list its shares on the Saudi Exchange (Tadawul). The company plans to float 9 million shares, accounting for 30% of its share capital, according to a bourse disclosure. The CMA greenlighted Cherry Trading's IPO on 25 June 2025. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Al Etihad
2 days ago
- Entertainment
- Al Etihad
Abu Dhabi shows it has formula for success at premiere of F1 movie at Yas Marina Circuit
26 June 2025 22:52 KHALED AL KHAWALDEH (ABU DHABI)The red carpet was rolled out at Yas Marina Circuit on Wednesday night, not for a Grand Prix, but for the much-anticipated premiere of F1, the motorsports blockbuster starring Hollywood superstar Brad Pitt and directed by Top Gun Maverick filmmaker Joseph premiere, ahead of the international release of the movie on June 26, marked a full-circle moment for the UAE capital, where large portions of the movie were shot over 26 days in late 2024, with filming taking place in and around Yas Marina Circuit during the Formula 1 season. The project represents a new milestone in Abu Dhabi's growing reputation as a global hub for Hollywood movie shoots. Speaking to Aletihad at the premiere, Mohamed Dobay, Acting Director General of the Creative Media Authority (CMA), expressed pride in Abu Dhabi's starring role in the production. 'We are proud to have the F1 movie premiere in Abu Dhabi after a huge experience and success during the production,' he said.'It's remarkable. The film stars a blockbuster name like Brad Pitt and is directed by Joseph Kosinski, and it showcases the strength of Abu Dhabi's creative industry on a global scale.'The film follows Pitt's character, Sonny Hayes, a former driver dragged back into the fast-paced world of Formula 1 to mentor young racing ace Joshua Pearce, played by Damson Idris, blending dramatic storytelling with authentic, high-speed racing sequences shot during real races. That realism was made possible thanks to close coordination between film crews, Formula 1 organisers, and Abu Dhabi officials - a feat that earned praise from industry professionals. 'This only confirms the work we've put in over the years to develop the infrastructure to attract productions like F1,' Sameer Al Jaberi, Head of the Abu Dhabi Film Commission, told Aletihad on red carpet. 'We started communicating with the studio three years ago. We worked closely to determine what could be filmed in Abu Dhabi, which locations worked, and what support we could offer, from budget planning to talent and crew.'Abu Dhabi's ability to facilitate filming during a live Formula 1 race was hailed as a landmark accomplishment in global film production. A video screened at the premiere also highlighted Abu Dhabi's hospitality, as a filming destination.'Filming at Yas Marina Circuit, during an actual race, and coordinating the film shoot and the live event without disruption, that by itself is a great achievement,' Al Jaberi added. 'It was brilliantly orchestrated and went very smoothly.'The Yas Marina Circuit, which hosts the final race destination of the F1 season, provided a visually stunning backdrop for the film's climactic scenes. Audiences at the premiere were treated to a screening that combined the roar of engines with sweeping aerial shots and emotionally charged performances, blending Hollywood spectacle with real-world racing hope is that the F1 movie could propel more high-profile productions to Abu Dhabi. The emirate's competitive rebate programme, state-of-the-art facilities, experienced crews, and stunning locations have already drawn filmmakers from around the notable movies filmed in the capital include 'Mission: Impossible – Fallout', '6 Underground', and 'Star Wars: The Force Awakens.'As the lights dimmed and the opening credits rolled at Yas Marina Circuit, it was clear the event was more than a film premiere, it was a celebration of how far Abu Dhabi has come as a cinematic destination. With Brad Pitt's star power and Kosinski's directorial vision drawing global attention, the city's investment in the creative economy looks to be paying off.
Al Etihad
2 days ago
- Entertainment
- Al Etihad
Abu Dhabi Stages Regional Premiere of F1: The Movie on Bespoke Yas Marina Circuit Cinema
26 June 2025 21:30 ABU DHABI (ALETIHAD)Abu Dhabi rolled out the red carpet for the highly anticipated regional premiere of F1: The Movie, delivering an unforgettable cinematic celebration on Yas Marina Circuit, one of the film's most iconic filming event featured a purpose-built cinema, special guest activations, and a red carpet attended by film pioneers and special red carpet welcomed influential figures, including senior leadership from the Creative Media Authority (CMA) and Abu Dhabi Film Commission (ADFC), who partnered closely on the production, were joined by representatives from key supporting partners including Etihad Airways, the Department of Culture and Tourism Abu Dhabi, and Yas Marina Director General of the Creative Media Authority, Mohamed Dobay, commented, "This premiere reflects the power of collaboration across Abu Dhabi's creative ecosystem. By transforming Yas Marina Circuit into a one-of-a-kind cinema experience, we have shown what is possible when regional talent, partners and robust infrastructure come together. It is a testament to Abu Dhabi's growing role as a hub for world-class productions."Head of Abu Dhabi Film Commission, Sameer Al Jaberi, added, "Bringing F1: The Movie to life and transforming Yas Marina Circuit into a live production set reflects the versatility and capability of Abu Dhabi as a filming destination. The project also highlights the strength of our rebate programme, the commitment of our local crews, and the collective support of our partners across the Emirate."The premiere event also aligned with the film's full production wrap, which was completed during the Formula 1 Etihad Airways Abu Dhabi Grand Prix at Yas Marina Circuit in December 2024. This marked the first time a feature film captured on-track action during a live Formula 1 race guest experience featured driving simulators, exclusive car displays, and partner watch showcases, reflecting the wider world of Formula 1 and the global partners involved in both the sport and the film's also included displays of the official APXGP Formula 1 car and the APXGP race helmet worn by Damson Idris at the Met Gala earlier this year, bringing key elements of the film and the sport to life for attendees.F1: The Movie was filmed extensively across Abu Dhabi during three separate production visits, with support from ADFC's rebate programme. Over 29 filming days, the production engaged 284 local crew members and multiple interns through CMA's talent development programmes. Filming took place across multiple locations, including Yas Marina Circuit, Zayed International Airport, and twofour54 Studios at Yas Creative Hub, with local production services delivered by Epic Films. The premiere event itself was further supported by a dedicated team of volunteers who contributed across guest services, red carpet management, and logistical film was produced by Apple Studios in collaboration with Formula 1 Management, FIA, and all 10 Formula 1 teams, and is distributed globally by Warner Bros. Pictures. It is now screening in cinemas across the region from June 26, 2025.
