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Madras Cements

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Tamil Nadu to launch Amma cement soon

Tamil Nadu government is planning to launch the subsidised Amma cement by the end of this month.  Industries minister P Thangamani held discussions with cement producers, including the......

Supreme court tells DLF to pay Rs 630-cr fine

The Supreme Court on Wednesday directed DLF, the country’s largest real estate player, to deposit Rs 630 crore (Rs 6.3 billion) in the registry within three months. The court rejected the......

'Market conditions likely to remain volatile'

Global markets have seen a sharp movement on the back of key economic data and statements various central banks.In the Indian context, market participants have also been keeping a tab on the......

How Srinivasan failed shareholders

The company's stock price has appreciated at a compound annual growth rate of 18.3 per cent, the lowest among all industry peers. India Cements shareholders, it seems, have paid a heavy price for......

Competition watchdog bites Rs 6,300 cr off cement firms

In a first-of-its kind order, the competition watchdog on Thursday imposed a penalty of Rs 6,307.32 crore on 10 top cement companies, accusing them of creating a cartel. Those penalised include......

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