Trinetra shareholders give green light for merger
Shareholders of Trinetra Cement Ltd have approved the scheme of amalgamation and arrangement between the company and Trishul Concrete Products Ltd with India Cements.
India Cements
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India Cements posts third-quarter net loss
India Cements Ltd posted a net loss for third quarter, compared with a profit a year ago, dragged down by muted cement sales in the south. hares surged as much as 13.84 Read mor...
India Cements board approves funding proposal
The Board of India Cements has approved a proposal to raise INR500 crore through qualified institutional placements or foreign currency convertible bonds to meet capital expendi...
India: CCI closes case against 11 cement companies
The Competition Commission of India (CCI) has closed a case of alleged cartelisation among cement companies for lack of evidence. An anonymous reference had alleged that the cem...
India Cements: back in the black
India Cements has reported a profit for the July-September quarter on higher income and lower expenses following a loss in the same period of the previous year.
India Cements board to consider raising INR5bn, mulls MSE delisting
India Cements today said its board will consider a proposal to raise INR5bn (US$81.3m) from investors. "The Board of Directors at its meeting will, consider the following issue ...
India Cements to demerge Super Kings division
India Cements said Tuesday it would demerge the Chennai Super Kings (CSK) division into a wholly-owned subsidiary. "Our company presently owns Chennai Super Kings (CSK) - BCCI-I...
India Cements to upgrade Tamil Nadu works
India Cements plans to upgrade and expand capacity of its cement plant in Salem, Tamil Nadu state, India. The company will optimise the existing kiln and add a new line. It has ...
India Cements post fourth-quarter loss
India Cements has swung to a loss in the final quarter of the current fiscal compared to a profit last year on weak demand and overcapacity in southern markets.
India Cements to merge with subsidiary
India Cements is planning to merge with its subsidiary Trinetra Cement to consolidate its operations. N Srinivasan, vice chairman and managing director of India Cements, said th...