Cement

  • 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 5-7 per cent in FY'15 as compared to 1 per cent Y-o-Y 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 tip-off 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: CNN-IBN 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. CNN-IBN 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 67-year-old 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. CNN-IBN 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 son-in-law 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...
  • Jagan Reddy moves court asking CBI to act as per SC order April 11, 2013

    Hyderabad: Jailed Kadapa MP YS Jaganmohan Reddy on Wednesday moved a special CBI court here, seeking directions to the central agency to act as per the Supreme Court order with regard to filing of charge sheets in connection with the case against him for his alleged quid-pro-quo deals. The YSR Congress...
  • Parrikar alleges irregularities in Maharashtra irrigation April 10, 2013

    Panaji: Goa Chief Minister Manohar Parrikar on Tuesday alleged irregularities in all irrigation projects in Maharashtra, including the Tillari project bordering the state. "All irrigation projects in Maharashtra are scam. I am saying this on record," he told the State Legislative Assembly, while speaking on demands for grants. "We know about...
  • Rs 55 cr invested in Jagan companies through hawala: CBI April 9, 2013

    New Delhi: Dalmia Cements, named as accused in the CBI chargesheet in disproportionate assets case against Jagan Mohan Reddy, has allegedly invested Rs 55 crore through hawala route in the cement companies promoted by the YSR Congress chief. CBI sources claimed they have got money trail of Rs 55 crore...
  • Meghalaya polls: cement, coal lobbying remain a major concern February 21, 2013

    Meghalaya/Shillong: In the last 40 years of its statehood, Meghalaya has seen 23 governments. The coal and cement lobbies in the state are increasingly controlling elections and ensuring unstable governments. Ardent Basaiawmoit, a legislator from Nongkrem is swimming against the tide, pushing for clean politics in Meghalaya. Basaiawmoit expects to win,...
  • Tech glitch at NSE, Bank of India shares tumble February 5, 2013

    Mumbai: Shares in Bank of India make a sharp fall before quickly recovering in what some traders describe as a "freak" trade. Trading at Rs 336.65, down 1.2 per cent, Bank of India shares suddenly fell to Rs 314, down 7.8 per cent on the day, at around 12:20 pm...
  • Dhoni named India Cements Vice President January 30, 2013

    MS Dhoni's friendship with N Srinivasan seems to be growing stronger. The Indian team skipper has been named captain of the India Cements team - one which will play in the BCCI Corporate Trophy tournament and he is also captain of IPL team Chennai Super Kings (both teams owned by...
  • Dhoni named in India Cements squad for Corporate Trophy January 29, 2013

    New Delhi: India captain Mahendra Singh Dhoni has been named in the India Cements squad for the BCCI Corporate Trophy which will be played from February 1-8 even after he made it clear that he wanted a break during Irani Trophy which was being played from February 6-10. India Cements are...
  • Indian exporters warn of halting trade with Pak via rail October 9, 2012

    Chandigarh: Indian exporters on Tuesday threatened to stop trade with Pakistan via rail route in the wake of the discovery of over 100 kg of heroin along with ammunition from a goods train coming from Pakistan on Monday. "If the concerned authorities, including Railway, did not take adequate measures...
  • IMG recommends de-allocation of 2 more coal blocks September 20, 2012

    New Delhi: The axe continues to fall on companies who have been allotted coal blocks, but have till now failed to operationalise them. The Inter-Ministerial Group (IMG) in its meeting on Thursday recommended de-allocation of two coal blocks - Dahegaon Makardhokra and Bhaskarpara. While Dhaegaon Makardhokra block has been allotted to...