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Adani Group's ACC Limited Logs Highest-Ever Annualised Profit At Rs 2,337 Crore In FY 2024
ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).
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Probe Agency Searches India Cements Offices In Foreign Exchange Violation Case
The Enforcement Directorate has conducted searches at the offices of leading Chennai-based cement manufacturer-- India Cements Ltd.-- as part of a foreign exchange violation investigation, official sources said on Thursday.
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Coal Supply To Power Sector Jumped 27% In October
Coal supply to the power sector went up by 27 per cent to stand at 59.7 million tonnes in October 2021, mainly due to a surge in power demand
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East Bengal In Crisis After Shree Cement Limited End Five-Year Deal
East Bengal were left in serious financial crisis ahead of the upcoming Indian Super League (ISL) season as Shree Cement ended their five-year deal after a long-drawn crisis over the final binding agreement.
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Competition Commission Clears Synergy Metals' Equity Acquisition In JSW Cement
Synergy Metals Investments Holding Limited's equity stake acquisition in JSW Cement has been cleared by the Competition Commission of India.
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TNCA Chief And N Srinivasan's Daughter Rupa Gurunath Found Guilty Of "Conflict Of Interest" By BCCI Ethics Officer
N Srinivasan's daughter Rupa Gurunath has been found guilty of "Conflict of Interest" in an order passed by a BCCI Ethics Officer on Thursday.
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Cement Corporation Of India Notifies Jobs For Engineers, Graduates
Cement Corporation of India Limited has invited applications from engineers, graduates, postgraduates and others to fill 46 contractual posts.
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Can Pay 600 Crores If Allowed To Sell Assets, Says Jaiprakash Associates
Jaiprakash Associates Limited (JAL) has told the Supreme Court that it would deposit Rs 600 crore more to refund the home buyers if it was allowed to dispose of its identified assets, including a cement plant at Rewa in Madhya Pradesh.
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MS Dhoni Visits India Cements Office Post Chennai ODI, Meets Former BCCI President N Srinivasan
MS Dhoni visited the corporate office of India Cements Limited (ICL) in the city.
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UltraTech Gets Board Nod To Raise Foreign Investment Limit To 30%
It further said: "The said increase in the limits is subject to the approval of the members at the ensuing Annual General Meeting of the company to be held in July, 2016, the date of which will be intimated separately."
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LafargeHolcim Considers Revised Divestment Plan in India
LafargeHolcim Ltd is reviewing its divestment plan in India after talks with Birla Corporation Limited (BCL) for the sale of the Jojobera and Sonadih cement plants in Eastern India fell through, it said on Thursday.
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Chennai Floods: India Cements, SBI Donate for Relief Activities
Various corporate houses and banks including TVS Motor, India Cements, Hyundai Motor India Limited and State Bank of India on Tuesday contributed a total of Rs 22 crore towards flood-relief activities in the state, the Tamil Nadu government said.
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Aditya Birla Chemicals, Grasim Gain on Merger Nod
Grasim Industries believes this merger will enable geographical diversification through addition of ABCIL's three manufacturing facilities spread across the country. With this merger, market share of Grasim Industries in caustic soda will increase to 22 per cent from 13 per cent now.
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Cement stocks plunge on cartelisation penalty
Eleven cement companies will have to pay in excess of Rs 6,000 crore in penalties.
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Top cement companies fined Rs 6000 crore: 10 facts
The 11 cement firms will have to pay 0.5 times of their profit for the year 2009-10 and 2010-11.
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Adani Group's ACC Limited Logs Highest-Ever Annualised Profit At Rs 2,337 Crore In FY 2024
ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).
-
Probe Agency Searches India Cements Offices In Foreign Exchange Violation Case
The Enforcement Directorate has conducted searches at the offices of leading Chennai-based cement manufacturer-- India Cements Ltd.-- as part of a foreign exchange violation investigation, official sources said on Thursday.
-
Coal Supply To Power Sector Jumped 27% In October
Coal supply to the power sector went up by 27 per cent to stand at 59.7 million tonnes in October 2021, mainly due to a surge in power demand
-
East Bengal In Crisis After Shree Cement Limited End Five-Year Deal
East Bengal were left in serious financial crisis ahead of the upcoming Indian Super League (ISL) season as Shree Cement ended their five-year deal after a long-drawn crisis over the final binding agreement.
-
Competition Commission Clears Synergy Metals' Equity Acquisition In JSW Cement
Synergy Metals Investments Holding Limited's equity stake acquisition in JSW Cement has been cleared by the Competition Commission of India.
-
TNCA Chief And N Srinivasan's Daughter Rupa Gurunath Found Guilty Of "Conflict Of Interest" By BCCI Ethics Officer
N Srinivasan's daughter Rupa Gurunath has been found guilty of "Conflict of Interest" in an order passed by a BCCI Ethics Officer on Thursday.
-
Cement Corporation Of India Notifies Jobs For Engineers, Graduates
Cement Corporation of India Limited has invited applications from engineers, graduates, postgraduates and others to fill 46 contractual posts.
-
Can Pay 600 Crores If Allowed To Sell Assets, Says Jaiprakash Associates
Jaiprakash Associates Limited (JAL) has told the Supreme Court that it would deposit Rs 600 crore more to refund the home buyers if it was allowed to dispose of its identified assets, including a cement plant at Rewa in Madhya Pradesh.
-
MS Dhoni Visits India Cements Office Post Chennai ODI, Meets Former BCCI President N Srinivasan
MS Dhoni visited the corporate office of India Cements Limited (ICL) in the city.
-
UltraTech Gets Board Nod To Raise Foreign Investment Limit To 30%
It further said: "The said increase in the limits is subject to the approval of the members at the ensuing Annual General Meeting of the company to be held in July, 2016, the date of which will be intimated separately."
-
LafargeHolcim Considers Revised Divestment Plan in India
LafargeHolcim Ltd is reviewing its divestment plan in India after talks with Birla Corporation Limited (BCL) for the sale of the Jojobera and Sonadih cement plants in Eastern India fell through, it said on Thursday.
-
Chennai Floods: India Cements, SBI Donate for Relief Activities
Various corporate houses and banks including TVS Motor, India Cements, Hyundai Motor India Limited and State Bank of India on Tuesday contributed a total of Rs 22 crore towards flood-relief activities in the state, the Tamil Nadu government said.
-
Aditya Birla Chemicals, Grasim Gain on Merger Nod
Grasim Industries believes this merger will enable geographical diversification through addition of ABCIL's three manufacturing facilities spread across the country. With this merger, market share of Grasim Industries in caustic soda will increase to 22 per cent from 13 per cent now.
-
Cement stocks plunge on cartelisation penalty
Eleven cement companies will have to pay in excess of Rs 6,000 crore in penalties.
-
Top cement companies fined Rs 6000 crore: 10 facts
The 11 cement firms will have to pay 0.5 times of their profit for the year 2009-10 and 2010-11.
