Tamil Nadu’s limestone tax: A crushing blow to cement margins?
Source: Live Mint Ramco Cement and Dalmia Bharat are expected to bear the brunt, while industry giants UltraTech Cement and Adani will see minimal impact. states may follow, compounding challenges for the sector. Read this | Another headache for cement cos amid weak prices? Tamil Nadu’s tax, effective 20 February, stems from a Supreme Court…