Report on behalf of Bengaluru Water Supply and Sewerage Board (BWSSB) in compliance of the National Green Tribunal order dated April 24, 2025. An application was filed before the NGT by Yelahanka-Puttenahalli Lake and Bird Conservation Trust, praying for stopping the construction of a pipeline on a walking path of …
Orchardists say the move will ruin apple economy Residents, mainly apple and vegetable growers in the Chopal-Nerwa-Tharoach apple belt, are against the proposed move to set up a 1-million tonne capacity cement plant near Nerwa here. They plead that the plant will ruin the apple and vegetable economy and spell …
Shimla, February 19: The government today cancelled the licence issued to JP Cements for a cement plant in Chamba district for failing to show satisfactory progress. The decision was taken by the Cabinet, chaired by Chief Minister Virbhadra Singh, here today. The Cabinet today monitored the progress of five companies …
With rupee depreciating, companies feel they can compete with local companies abroad. At a time when the market in the South has slowed down, resulting in poor offtake of cement, rupee depreciation has opened the doors for exports by cement firms. Industry representatives say the recent rupee depreciation has pushed …
The Supreme Court today directed 10 cement manufacturing companies to pay Rs 630 crore by June 24 as a pre-condition for hearing their appeals against a penalty of Rs 6,300 crore imposed on them for artificially hiking cement prices by forming a cartel. A vacation Bench comprising Justices Gyan Sudha …
The Competition Appellate Tribunal (Compat) has directed cement companies to pay 10 per cent of the penalty of Rs 6,307 crore imposed on them by the Competition Commission of India (CCI) for cartelisation. In an interim order, the tribunal also clarified the companies’ petition challenging the penalty and the Rs …
The Virbhadra Singh-led Congress government, in a late evening cabinet decision on Wednesday, decided to grant licence to Reliance Industries for setting up a cement plant in the Chopal tehsil of apple-producing upper Shimla district. The cement plant would be based on limestone, shale and quartzite and was given a …
India Cements is looking at expanding its capacity in Rajasthan with an investment of Rs 650-700 crore. The plan comes in view of the growing demand in Gujarat and Madhya Pradesh. N Srinivasan, vice chairman and managing director, India Cements, said, “We are examining whether we can expand the capacity …
New Delhi Competition Appellate Tribunal today served notices to the Competition Commission and the Builders Association of India, on whose complaint the fair trade regulator had imposed a penalty of Rs 6,307 crore on 11 cement firms on charges of cartelisation. Hearing an appeal by cement companies, including UltraTech and …
The commission in its Q1 on June 20 had imposed a penalty of Rs 6,307.32 crore on 11 cement companies Cement manufactures, which have been slapped a penalty of over Rs 6,700 crore for price cartelisation, will have to comply with the order of the Competition Commission of India (CCI) …
New DelhiAfter penalising 11 cement companies last month for violating the provisions of the Competition Act, 2002, the Competition Commission of India (CCI) on Monday found Shree Cement also guilty of cartelisation. As a result, CCI has imposed a penalty of R397.51 crore penalty on Shree Cements, fixed at 0.5 …
They were found to be reducing supplies and increasing prices In a ‘body blow’ to the industry, which is fighting a demand slide, the Competition Commission of India (CCI) has slapped a hefty penalty of over Rs.6,300 crore on 11 cement producers, who were found violating the provisions of the …
Ultratech, Ambuja, India Cement, Lafarge among those fined for cartelization Competition watchdog CCI has levieed penalty of nearly Rs 6,300 cr on 11 cement companies involved in price cartel. The companies include Binani Cement, Lafarge, Grasim, ACC, Ambuja, JK Cement, Madras Cement, India Cement, Jaypee and Ultratech. The companies have …
AIADMK councillors stage a walkout “condemning” the corporation's “inept attitude” As India Cements Limited, which was helping the municipal corporation by taking a portion of the plastic garbage generated in the urban local body as a supplementary fuel in its kiln, has stopped taking the waste for the past two …
CHENNAI: The India Cements has reported a gross turnover of Rs. 4,221.69 crore for the year ended March 31, 2010, up from Rs. 3,954.53 crore in the previous year. The operating profit before interest and depreciation is lower at Rs. 863.51 crore against Rs. 1,043.20 crore. Foreign exchange transaction difference …
Veerachipalayam Limestone Mine located in Salem district of Tamilnadu, spread over an extent of 61.88.5 Ha, belongs to M/s. India Cements Ltd (ICL) and produces limestone for captive consumption of the company
India cement Ltd (ICL) is planning to operate Pudupalayam limestone mine in Ariyalur District, of Tamilnadu with an annual production of 0.155 million tonnes in an area of 29.29.5 hectares. The objectives of this study are: establishing present environmental scenario; study of the future mining operation & anticipated impacts on …
In a perfect market economy, where all externalities are internalised by the companies and paid for by the consumers, a market leader will also be an environment leader. The ground reality is, however, different. Take the example of Grasim Industries Ltd, which became the biggest cement company in the country …