Star Cement-Lafarge India tie-up likely

  • 18/07/2011

  • Sentinel (Guwahati)

SHILLONG: Close on the heels of a moral victory after the Supreme Court verdict to allow Lafarge Umiam Mining Private Limited (LUMPL), a subsidiary of French cement giant Lafarge, to resume its business operations in Meghalaya, Lafarge India is now engaged in talks with the promoters of Meghalaya-based Star Cement for a majority stake in the company. This is part of the French cement major