India Cements

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

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.

May 10, 2017, 11:51 AM IST
Former IPL chief Lalit Modi leaks MS Dhoni’s India Cements offer letter on Instagram

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.

May 08, 2017, 19:20 PM IST

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.
 

Nov 19, 2016, 22:31 PM IST
India Cements' rival Chettinad Cement likely to bid for Chennai IPL team: Report

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.

Dec 07, 2015, 12:29 PM IST
READ: Details of MS Dhoni's meeting with N Srinivasan!

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.

Oct 24, 2015, 09:59 AM IST
India Cements to allot Chennai Super Kings shares today

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.

Oct 09, 2015, 11:43 AM IST
BCCI likely to take N Srinivasan to court over conflict of interest issue: Report

BCCI likely to take N Srinivasan to court over conflict of interest issue: Report

It seems embattled cricket administrator Narayanaswami Srinivasan's bid to reclaim his lost pride and position in Indian cricket and elsewhere is going to continue for an unforeseeable future.

Sep 10, 2015, 09:33 AM IST
Title sponsor wants IPL issues to be settled swiftly

Title sponsor wants IPL issues to be settled swiftly

PepsiCo, the main title sponsor for the IPL, wants issues surrounding the cash-rich cricketing league be addressed swiftly and faith of cricket fans be restored in the game as spot-fixing scandal threatened to rock the league.

Jul 16, 2015, 22:34 PM IST

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.

Jul 14, 2015, 14:35 PM IST
N Srinivasan resigns as director of India Cements Capital

N Srinivasan resigns as director of India Cements Capital

N. Srinivasan has resigned from the board of financial services firm, ICCL, a part of India Cements group. In a BSE filing, India Cements Capital Ltd (ICCL) said: “N Srinivasan and T.S. Raghupathy have resigned as directors of the company with effect from March 30, 2015.”

Jun 12, 2015, 22:07 PM IST
BCCI sacks more officials with links to N Srinivasan: Report

BCCI sacks more officials with links to N Srinivasan: Report

Newly elected members of Board of Control for Cricket in India (BCCI) have been showing pro-active approach -- be it for the game or against their opponents -- since they have taken the charge.

Jun 07, 2015, 13:29 PM IST

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.

May 29, 2015, 16:10 PM IST
N Srinivasan gives up Chennai Super Kings ownership: Reports

N Srinivasan gives up Chennai Super Kings ownership: Reports

Former Board of Control for Cricket India (BCCI) president Narayanaswami Srinivasan has reportedly transferred his entire stake in India Cements – the principal owners of Chennai Super Kings to a trust. He is the managing director of India Cements and owns 29 per cent shares.

May 03, 2015, 18:16 PM IST
BCCI to take legal opinion on CSK's low demerger valuation

BCCI to take legal opinion on CSK's low demerger valuation

The BCCI on Sunday decided to seek a fresh legal opinion on the controversial "low" valuation of the IPL franchisee Chennai Super Kings when it demerged from its parent company India cements, headed by N Srinivasan.

Apr 26, 2015, 20:37 PM IST
Enforcement Directorate to examine CSK's Rs 5 lakh valuation: Reports

Enforcement Directorate to examine CSK's Rs 5 lakh valuation: Reports

It seems there is more trouble coming for the embattled owners of Chennai Super Kings (CSK) following reports of a possible undervaluation of the Indian Premier League (IPL) franchise. According to reports, the Enforcement Directorate (ED) has sought details about this controversy.

Apr 24, 2015, 10:40 AM IST
CSK valuation issue to be discussed at BCCI's working committee meeting on April 26

CSK valuation issue to be discussed at BCCI's working committee meeting on April 26

 The BCCI's Working Committee during its meeting in Kolkata on April 26 will discuss about Chennai Super Kings being valued at a meagre Rs 5 lakh by its owners, which has been objected by some IPL Governing Council members.

Apr 23, 2015, 21:20 PM IST
IPL spot-fixing: India Cements transfers CSK to new subsidiary

IPL spot-fixing: India Cements transfers CSK to new subsidiary

BCCI President-in-exile N Srinivasan led India Cements' board on Wednesday approved transfer of IPL team CSK to a wholly-owned subsidiary Chennai Super Kings Cricket Ltd.

Feb 11, 2015, 20:27 PM IST
India Cements to transfer CSK to a wholly-owned subsidiary

India Cements to transfer CSK to a wholly-owned subsidiary

Embattled BCCI President N Srinivasan-led India Cements will transfer its IPL team CSK to a new subsidiary, Chennai Super Kings Cricket Ltd, close on the heels of the Supreme Court barring him from contesting any polls of the board till he gave up ownership of the IPL team.

Feb 07, 2015, 09:06 AM IST
Srinivasan keeps mum post-Supreme Court verdict

Srinivasan keeps mum post-Supreme Court verdict

Sidelined BCCI president N. Srinivasan refused to comment following the Supreme Court's decision Thursday to bar him from contesting the election for the Indian cricket board's governing body presidency due to a "conflict of interest".

Jan 22, 2015, 19:01 PM IST

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.

Dec 26, 2014, 16:49 PM IST