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India Cements News

28 Jul 2024

UltraTech Cement Acquires Majority Stake In India Cements At High Premium

UltraTech made a financial investment in India Cements to acquire 22.77 per cent equity at a price of Rs 268 per share in June this year.

31 Jan 2022

IPL 2022: Dhoni’s CSK creates history, becomes India’s 1st sports unicorn

The shares of Chennai Super Kings Cricket Limited (CSKCL), which controls CSK, had hit an all-time high in the unlisted market on October 26 last year, surging from Rs 110-120 per share to crossing the Rs 220-mark in trade within a week.

09 Feb 2018

India Cements Q3 net profit declines 56% to Rs 15.24 crore

It had reported the net profit of Rs 35.34 crore in the corresponding quarter of previous fiscal.

10 May 2017

After leaking MS Dhoni's India Cements' offer letter, Lalit Modi takes on N Srinivasan and Anurag Thakur

Modi, who was sacked as IPL commissioner in 2010 over alleged charges of money laundering, said that Srinivasan's decision to scrap off Champions League Twenty20, had cost Indian cricket a revenue loss of $500 million.

08 May 2017

Former IPL chief Lalit Modi leaks MS Dhoni’s India Cements offer letter on Instagram

Lalit Modi questioned the motive behind such employment considering the fact that Dhoni earns approximately Rs.100 crore in a year.

19 Nov 2016

India Cements records Rs 62 crore in net profit

Cement major India Cements Ltd on Saturday said it closed the second quarter of fiscal 2016-17 with a profit of Rs 62.41 crore.

07 Dec 2015

India Cements' rival Chettinad Cement likely to bid for Chennai IPL team: Report

The bidding process will be in reverse order as the lowest bidder will be owning the team.

24 Oct 2015

READ: Details of MS Dhoni's meeting with N Srinivasan!

Here's what was discussed by MS Dhoni and N Srinivasan during their Friday meeting.

09 Oct 2015

India Cements to allot Chennai Super Kings shares today

In a process towards transferring ownership of Chennai Super Kings, N Srinivasan- led India Cements will allott the shares of the IPL franchise to the company's shareholders today.

14 Jul 2015

India Cements shares tank 6.5% on SC panel verdict

Shares of India Cements saw huge selling pressure Tuesday, falling 6.5 percent, after its franchisee Chennai Super Kings was suspended from IPL for a period of two years.

29 May 2015

India Cements posts Rs 36.60 cr profit in Q4 FY15

On consolidated basis, India Cements reduced significantly its loss to Rs 1.19 crore in 2014-15, from Rs 242.45 crore loss during FY2013-14.

26 Dec 2014

Board gives nod to India Cement's fund raising plan

Board of India Cements has approved a proposal to raise Rs 500 crore through qualified institutional placements or foreign currency convertible bonds to meet capital expenditure needs, a top official said on Friday.

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