CEMENT

  • My Lords, be fair to N Srinivasan! December 1, 2014

    (Ramakrishna Upadhya is a veteran editor from Bengaluru. He has held senior editorial positions in The Indian Express, Telegraph, ETV and Deccan Herald) Let me make it clear at the outset that I have no personal interest or conflict of interest in diving into the maelstrom of controversy surrounding the...
  • Uncertainty over N Srinivasan and CSK deepens November 27, 2014

    The Supreme Court on Thursday raised questions on the conflict of interest issue arising out of Srinivasan heading the BCCI and also owning IPL franchise CSK. ...
  • Is it time to sack N Srinivasan and disqualify CSK? November 27, 2014

    The Supreme Court on Thursday threw suggestions whether those named in the Mudgal Committee report should be kept out of BCCI elections and CSK should be scrapped from IPL. ...
  • CSK effect: India Cements shares continues to downslide November 27, 2014

    Chennai: The share price of cement major India Cements Ltd continued its fall to close on Thursday at Rs 94.60 at the Bombay Stock Exchange. Trading at a price of around Rs 105 November 21, the Rs 10 face value script had a steep fall to Rs 95.35 on Tuesday and...
  • Should N Srinivasan be sacked and CSK barred from IPL? November 27, 2014

    The SC has also asked the BCCI to form a new board leaving aside the four non-players named in the Mudgal report and then taken action against those involved. ...
  • Supreme Court observes Chennai Super Kings should be disqualified November 27, 2014

    The SC observed that amid the conflict of interest mentioned in the Mudgal report, IPL franchise CSK must be disqualified and the ownership details of CSK and India Cements be presented in the court. ...
  • IPL Spot-fixing: SC asks to disqualify CSK, wants to know ownership details November 27, 2014

    BCCI and ICC Chairman N Srinivasan find their backs to the wall after the Supreme Court on Thursday observed that amid the conflict of interest mentioned in the Justice Mukul Mudgal report, Indian Premier League (IPL) franchise Chennai Super Kings (CSK) must be disqualified and the ownership details of CSK...
  • Will the damning observations by SC deter Srinivasan from defending his acts? November 27, 2014

    New Delhi: The uncrowned emperor of Indian cricket N Srinivasan is like a cat with nine lives. He has survived every attack on him till today. Some of them have been the fiercest attacks. His rivals within the Cricket board to media and many Cricket enthusiasts have tried to unseat...
  • After Amma Canteen, Amma Pharmacy, Tamil Nadu government launches Amma Cement September 26, 2014

    Chennai: Tamil Nadu Chief minister Jayalalithaa has announced a new scheme called Amma Cement. The cement will be sold at a concessional rate of Rs 190 per bag and a maximum of 750 bags can be bought under this scheme. The Tamil Nadu government will procure 2 lakh metric tonnes of...
  • Cement demand may increase up to 7% in southern region June 20, 2014

    Mumbai: The demand for cement in the southern region is expected to rise by 57 per cent in FY'15 as compared to 1 per cent YoY growth in FY'14, a report said. Cement plant utilisation trend in southern states is expected to pick up in the current fiscal as compared with...
  • Reliance Cement launches in Madhya Pradesh May 30, 2014

    Reliance Cement Company Private Limited on Friday launched its product in Madhya Pradesh. "Madhya Pradesh is one of the largest cement consuming states in India with total consumption of around 13 million tonnes per annum," RCC CEO Arvind Pathak told reporters after launching the product. "The (local) market is expected to grow...
  • BCCI complies with SC order, removes all India Cements staff March 31, 2014

    Mumbai: Complying with the Supreme Court's order, the BCCI has given marching orders to all the employees of India Cements or its associate companies who were also part of the cricket board. Confirming the development, a BCCI source told PTI on Monday, "All India Cements employees connected with the BCCI have...
  • Team India's logistics manager and India Cements employee Satheesh sent home March 30, 2014

    Mirpur: Team India's logistics manager MA Satheesh has been sent back home amidst controversy about how India Cements employees are being given positions of support staffs with the national side. While Satheesh was conspicuous by his absence from the training session on Saturday, Team's media manager Dr RN Baba sent a...
  • Binani Cement suspends operations at two plants March 13, 2014

    Demanding relaxation from the Rajasthan government for mode of payment of tax dues to the tune of Rs 154.51 crore, Binani Cement has suspended operations at its two plants in the state in Sirohi and Sikar districts. The state government had last month attached the steel-maker's 26 bank accounts under VAT...
  • 5000 bags of cement sold in name of leading companies seized January 19, 2014

    Police on Sunday seized around 5000 bags of cement packed in the name of leading companies like Lafarge and Birla from a store house in Patna town. Acting on a tipoff received by Senior Superintendent of Police Manu Maharaj, a police team raided a store house in Chamanchak locality and seized...
  • Core infrastructure growth jumps to 8 per cent in September October 31, 2013

    Eight core infrastructure sectors that include power, coal, steel and cement, posted an impressive 8 percent growth in September, government data showed on Thursday. Electricity generation that has 10.32 percent weight in the Index of Industrial Production (IIP) registered a growth of 12.6 percent during the month under review, data released...
  • GMR sells $35 million highway stake to slash debt September 17, 2013

    GMR Infrastructure has sold its majority stake in a highway project for about $35 million, as debt-laden companies step up sales of some assets to boost earnings in a sector struggling with a weak economy. GMR, one of the country's best known infrastructure groups, whose interests span airports to power plants, said...
  • Aditya Birla Group to acquire Gujarat cement for Rs 3,800 cr September 11, 2013

    Aditya Birla Group firm UltraTech Cement Ltd on Wednesday said it will acquire Gujarat Cement unit of Jaypee Cement Corp Ltd for Rs 3,800 crore. UltraTech Cement will acquire the Gujarat Cement Unit of Jaypee Cement Corp Ltd. Gujarat Cement Unit comprises of an integrated cement unit at Sewagram and grinding...
  • Don't mix my business with cricket: Srinivasan September 10, 2013

    New Delhi: The Indian cricket board's self-exiled president N Srinivasan said on Tuesday that his being chargesheeted by the Central Bureau of Investigation (CBI) in a corruption case involving jailed Kadapa MP YS Jaganmohan Reddy has nothing to do with his cricket and the two should not be linked. "Don't mix...
  • 'UPA II suffering from policy paralysis' July 26, 2013

    Chennai: Expressing concerns over current economic situation, India Cements Vice Chairman and Managing Director N Srinivasan on Friday said UPA II government at Centre was suffering from "what people refer to as policy paralysis". He, however, also lauded the economic reforms initiated by the Narasimha Rao government in 1991. The result...
  • CJ Abid fights air pollution in kashmir town June 9, 2013

    In Khrew Kashmir, cement factories have turned a nightmare for the environment. These factories puff out toxic gases into air, thus threatening the ecology of the area. CJ Abid reports on how cement factories are polluting Kashmir. ...
  • Live: I am not resigning, says BCCI Vice President Chitrak Mitra May 31, 2013

    New Delhi: 10.50 pm: Amidst reports that all the BCCI vice presidents are going to resign, one of them, Chitrak Mitra, says he is not going to put in his papers. 9.40 pm: Ankeet Chavan released from Tihar jail a day after a court granted him bail to solemnise his marriage. 9.01...
  • Pawar approved Srinivasan move to own an IPL team as BCCI president May 30, 2013

    New Delhi: CNNIBN has accessed documents that show former BCCI chief Sharad Pawar had in fact helped BCCI chief N Srinivasan. Documents show that Sharad Pawar as the then BCCI President endorsed India Cements' bid for IPL team. CNNIBN has accessed Pawar's letter giving an approval to Srinivasan to own an...
  • Srinivasan: Chennai industrialist, BCCI chief May 29, 2013

    New Delhi: Narayanaswami Srinivasan, a 67yearold industrialist from Chennai, heads the world's richest cricket body, the Board of Control for Cricket in India. He was the BCCI Secretary till September 2011 and before that a BCCI Treasurer. Srinivasan became the cricket body's 30th President in September 2011 after Shashank Manohar's...
  • The Last Word: Should Srinivasan resign as president of BCCI? May 27, 2013

    BCCI President N Srinivasan continues to remain defiant saying he has done nothing wrong and has no reason to resign. ...
  • I have no reason to resign, says BCCI chief N Srinivasan May 27, 2013

    BCCI President N Srinivasan continues to remain defiant saying he has done nothing wrong and has no reason to resign. ...
  • Visiting cards add to the evidence, name Meiyappan as CSK Team Principal May 27, 2013

    Chennai/Mumbai: The Chennai Super Kings' claim that Gurunath Meiyappan had no link with the team has been nailed. CNNIBN has accessed visiting cards recovered from Gurunath Meiyappan's residence naming him as the Chennai Super Kings Team Principal. This came even as BCCI chief N Srinivasan claimed Gurunath Meiyappan wasn't the...
  • IPL: BCCI united, will take action against the guilty, says Srinivasan May 26, 2013

    Kolkata: Beleaguered BCCI chief N Srinivasan, currently under immense pressure to step down in the wake of his soninlaw Gurunath Meiyappan being at the centre of the IPL scandal, on Sunday said that he won't quit as has not done anything wrong. While trying to clear his stance, Srinivasan said...
  • Meiyappan seen addressing a conclave as CSK owner in a 2009 video May 26, 2013

    India Cement's feeble and clumsy attempt at distancing itself from Gurunath Meiyappan, after he was arrested by the Mumbai police, is failing miserably. In 2009 video, Meiyappan is seen addressing a conclave as the owner of the Chennai IPL franchise. ...
  • Meiyappan neither the owner, nor CEO of CSK: India Cements May 24, 2013

    New Delhi: In another twist to IPL betting scandal, Gurunath Meiyappan, who has been facing the heat after his alleged links with arrested bollywood actor Vindoo Dara Singh came to light, has now been disowned by India Cements the owner of the Chennai Super Kings. India Cements on Friday released a...