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N Srinivasan Quits as CEO and MD of India Cements Post UltraTech Deal

India Cements also recorded the resignations of several independent directors.


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India Cements expects demand to rise in key markets

With further relaxation of lockdown measures, India Cement expects increased public spending on rural infrastructure, irrigation, road building and other projects.


Shapoorji Pallonji Infra to sell 317 MWp of operational solar assets to KKR at Rs.15,540 mn

Shapoorji Pallonji Infrastructure Capital (SP Infra) and global investment firm KKR have announced the signing of definitive agreements, under which SP Infra will sell five operational solar energy assets to KKR for a total consideration of Rs.15,540 million.


Shapoorji Pallonji Infra to sell 317 MWp of operational solar assets to KKR

The deal is for a total consideration of Rs 15,540 million.


Cement sector rues over Railways' move over tariff

Cement industry has expressed concern about the Railway Ministry’s proposal to pass on the rising costs of fuel on to the freight tariff. Apart from the potential to drive up cost of freight, industry representatives were worried about the 'uncertainty' this would introduce into the freight cost. ..


India Cements to up its plant capacity in Rajasthan

To cater to increasing cement demand in Gujarat and Madhya Pradesh, India Cements plans to expand its capacity in Rajasthan plants with the possible investment of around Rs 650-700 crore, the company Vice-Chairman and Managing Director N Srinivasan said.


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