Life Insurance Corporation of India (LIC) on Wednesday said it has offloaded a little over 2 per cent stake in India Cement through open market transactions between November 2007 and July 2023.
The Supreme Court recently sought the response of the Central government in a plea challenging the constitutional validity of levying Goods and Services Tax (GST) on rental payments
Cement prices may go up if input cost continues to rise : India Cement MD N Srinivasan Variable cost for the quarter was high. If there is an increase in the input cost, we will have to increase the price, said Srinivasan in an interaction
Ashutosh Kumar | May 24, 2021 | Updated 16:15 IST
Vice Chairman and Managing Director of cement major, India Cement Ltd, N Srinivasan today said that the company expects cement prices to go up if the input cost continues to rise. Srinivasan also said that demand is now improving in Western and Northern Indian where lockdown is gradually being eased.
Maintaining that the company will stick to its capital expansion plans despite the second wave, Srinivasan also said that he expected the lockdown restrictions to be eased by mid-June after which pent up demand will drive sales and growth.