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Mumbai (Maharashtra), July 5 (ANI): UltraTech, the flagship cement company of Aditya Birla Group, has said that it is not under investigation in case related to anti-competitive practice before the Competition Commission of India and it has neither received any order from the CCI in this case nor have the company financials been sought by competition watchdog. In a stock filing, UltraTech termed as "false and misleading" reports published in public domain concerning the company over the CCI pro ...Read More >

New Delhi, July 5: The country's leading cement maker UltraTec, on Saturday said it is not under investigation by the fair trade regulator CCI over alleged contravention of competition norms in tenders floated by state-run oil major ONGC. "It is clarified that the Company is not under investigation in this Case No. 35 of 2020 before the Competition Commission of India ("CCI"). The company has neither received any order from the CCI in this case nor have the company's financials been sought by th ...Read More >

Hyderabad, Jul 5 (PTI) The family of a 45-year-old man from Telangana, who was abducted in the West African nation of Mali, is in distress and appealing for government intervention to secure his release. Amaralingeswara Rao's wife Venkataramana on Saturday said her husband has been working in Mali since 2015. Venkataramana told PTI that she learnt of his abduction from the cement company he works for and added that she had last spoken to him on the night of June 30. Venkataramana, who lives i ...Read More >

MCLEOD GANJ - The Dalai Lama said Saturday he dreamed of living for decades more, as the Buddhist spiritual leader prayed with thousands of exiled Tibetans on the eve of his 90th birthday. Thumping drums and deep horns reverberated from the Indian hilltop temple, as a chanting chorus of red-robed monks and nuns offered long-life prayers for Tenzin Gyatso, who followers believe is the 14th reincarnation of the Dalai Lama. Looking in good health, dressed in traditional maroon monk robes and a fl ...Read More >

New Delhi, Jul 5 (PTI) Lenders of Jaiprakash Associates Ltd (JAL) have turned down Jaypee Infratech's request to accept its resolution plan to acquire the bankrupt diversified company. Five companies -- Adani Enterprises, Vedanta Group, Dalmia Bharat Cement, Jindal Power and PNC Infratech -- have submitted their resolution plans to acquire JAL. However, lenders of JAL, on June 25, had rejected the resolution plan of Suraksha Group-owned Jaypee Infratech Ltd as the bid was submitted late and wi ...Read More >

New Delhi, Jul 5 (PTI) Lenders of Jaiprakash Associates Ltd (JAL) have turned down Jaypee Infratech's request to accept its resolution plan to acquire the bankrupt diversified company. Five companies -- Adani Enterprises, Vedanta Group, Dalmia Bharat Cement, Jindal Power and PNC Infratech -- have submitted their resolution plans to acquire JAL. Also Read | Bodoland Lottery Result Today, July 05, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Tick ...Read More >

Berhampur: A 28-year-old man from Samarjhola village in Hinjilcut of Ganjam district is reportedly among three workers abducted from a cement factory in Mali. C Venkataramana was employed by Blue Star and had been working at the Diamond Cement Company's plant at Kayes in western Mali for the last six months. He was a supervisor at Diamond Cement Company in western Mali and was abducted while he was on his way to work. The abductors are believed to be from an outfit affiliated to Al Qaeda. Venk ...Read More >

Berhampur (Odisha), Jul 5 (PTI) A woman in Odisha's Ganjam district has moved police stating that she is unable to contact her son, who is working at a cement factory in the West African country of Mali, an official said on Saturday. P Narasama, a resident of Samarajhol village under Hinjili police station limits, said she is worried about her 28-year-old son P Venkatraman working in a cement factory in Kayes in Mali after getting the news about the abduction of three Indians working at a cemen ...Read More >

Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls ...Read More >

New Delhi [India], July 4 (ANI): With its probe into a complaint by ONGC alleging cartelisation, finding evidence of Ultratech's subsidiary India Cements engaged in collusion with two other cement manufacturers in violation of the norms, the Competition Commission of India has given directions for submitting detailed financial and income tax records. The competition watchdog probed a complaint by ONGC alleging cartelisation in its tenders. Its probe found evidence of Ultratech and its subsidiar ...Read More >
Mumbai: Hooliganism under the guise of Marathi pride will not be tolerated in the state, CM Fadnavis warned on Friday. He said police had registered an FIR and taken action in the Mira Road incident where a businessman was beaten up by MNS workers for not knowing Marathi.Speaking to the media, Fadnavis said beating up someone over language was wrong. "We are Marathi and are proud of the language. Insisting that a person speak in Marathi is not wrong, but beating up a businessman because he does ...Read More >
Gurgaon: The two-day national conference of urban local bodies (ULBs), held in Manesar, concluded with a formal resolution to enhance the impact of these institutions on national development. Participants highlighted that the core objective of ULBs is to bring about positive change in the urban service delivery framework. The pivotal role of women as key drivers of development within ULBs was also discussed.It was noted that MP has implemented 50% reservation for women in urban local governance. ...Read More >
New Delhi: The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, owner of southern India-based India Cements, along with Dalmia Cement (Bharat) Limited (DCBL) and Shree Digvijay Cement and their executives to submit audited financial statements, including balance sheet and profit and loss account, within eight weeks of the order. The competition watchdog's direction came over a complaint filed by ONGC alleging cartelisation in its tenders. Following the co ...Read More >

New Delhi [India], July 4 (ANI): With its probe into a complaint by ONGC alleging cartelisation, finding evidence of Ultratech's subsidiary India Cements engaged in collusion with two other cement manufacturers in violation of the norms, the Competition Commission of India has given directions for submitting detailed financial and income tax records. The competition watchdog probed a complaint by ONGC alleging cartelisation in its tenders. Its probe found evidence of Ultratech and its subsidiar ...Read More >

Mumbai, July 4 (SocialNews.XYZ) Anoop Khatry, Chief Legal Officer of UltraTech Cement Limited, has resigned from his position citing personal reasons, the company informed in an exchange filing on Friday. The same has been accepted with effect from the close of business on July 3, 2025, according to the company. "We hereby inform you that Mr Anoop Khatry, Chief Legal Officer, has tendered his resignation from the services of the Company with effect from close of business hours on 3rd July, 202 ...Read More >

New Delhi, July 4 (SocialNews.XYZ) The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, which owns India Cements, and two other cement manufacturing companies as well as their executives to submit financial documents, after its Director General's investigations revealed that these companies contravened competition norms by colluding in the tenders floated by public sector oil giant ONGC. The CCI had ordered an investigation after it received a complaint f ...Read More >

Mumbai, July 4 (SocialNews.XYZ) After witnessing a highly volatile session, the Indian stock market ended in green on Friday amid value buying in IT and banking stocks as talks progressed on the interim India-US trade deal. Touching an intra-day low at 83,015, the Sensex bounced back to end at 83,432.89, up 193.42 points or 0.23 per cent against the last session's closing of 83,239.47. Similarly, Nifty closed 0.22 per cent or 55.70 points higher at 25,461. "The Indian market is experiencing a ...Read More >

Mumbai: After witnessing a highly volatile session, the Indian stock market ended in green on Friday amid value buying in IT and banking stocks as talks progressed on the interim India-US trade deal. Touching an intra-day low at 83,015, the Sensex bounced back to end at 83,432.89, up 193.42 points or 0.23 per cent against the last session's closing of 83,239.47. Similarly, Nifty closed 0.22 per cent or 55.70 points higher at 25,461. "The Indian market is experiencing a pause as investors adopt ...Read More >

Pune (Maharashtra) [India], July 4 (ANI): Amidst the ongoing Marathi-non-Marathi row, a group of Maharashtra Navnirman Sena (MNS) workers allegedly stormed a man's residence in the Vanaz area of the city on Thursday and threatened to assault him over an objectionable social media post targeting MNS chief Raj Thackeray. The man, identified as Kedar Soman, had reportedly posted a comment on Facebook that MNS workers found offensive and disrespectful to their leader. Enraged by the post, a group o ...Read More >
MUMBAI: IPO street is buzzing again. The strong debut of HDB Financial Services on the bourses earlier this week is expected to fire up the momentum. Startups are adding to the IPO rush: Meesho on Thursday filed its draft IPO papers with markets regulator Sebi through the confidential route, seeking to raise up to Rs 4,250 crore through a fresh issue of shares.Primary market fundraising may hit $2.4 billion in July, almost matching the $2.5 billion peak seen in Dec 2024, edging past June's $2-bi ...Read More >

New Delhi, Jul 3 (PTI) State-owned NHAI on Thursday said it has suspended a contractor, an authority engineer and an NHAI official for the distressed condition of pavement at some locations on the Amritsar-Jamnagar Corridor section in Gujarat. NHAI in a statement said an incident of distressed condition of pavement crust at some locations of six-lane Sanchore - Santalpur Section of Amritsar-Jamnagar Economic Corridor (NH-754K) in Gujarat (Pkg-4 from Kilana to Santalpur) constructed by CDS Infra ...Read More >

New Delhi, Jul 3 (PTI) State-owned NHAI on Thursday said it has suspended a contractor, an authority engineer and an NHAI official for the distressed condition of pavement at some locations on the Amritsar-Jamnagar Corridor section in Gujarat. NHAI in a statement said an incident of distressed condition of pavement crust at some locations of six-lane Sanchore - Santalpur Section of Amritsar-Jamnagar Economic Corridor (NH-754K) in Gujarat (Pkg-4 from Kilana to Santalpur) constructed by CDS Infra ...Read More >

New Delhi: Three Indian nationals have been abducted in Mali amid a surge in terrorist violence across the West African country. On Wednesday, India expressed serious concern over the incident and urged the Malian authorities to ensure the safe return of the kidnapped persons. "The Ministry of External Affairs is deeply concerned about the abduction of three Indians employed at the Diamond Cement Factory in Kayes, Mali. The kidnapping took place on July 1, 2025, when armed attackers stormed the ...Read More >

Mumbai, July 3: India Inc has shown remarkable financial strength over the last five years, with corporate profits growing nearly three times faster than the country's GDP between FY20 and FY25, a new report said on Thursday. The profit-to-GDP ratio has risen significantly to 6.9 per cent -- reflecting strong earnings performance despite economic challenges, according to the data compiled by Ionic Wealth (Angel One). The report, titled 'India Inc. FY25: Decoding Earnings Trends & Path Ahead', ...Read More >

New Delhi, July 03: The government has expressed serious concern over the abduction of three Indian nationals from a cement factory in Mali following a string of coordinated terror attacks across the West African nation. According to the Ministry of External Affairs (MEA), the incident occurred on July 1 at the Diamond Cement Factory in Kayes, western Mali, where armed assailants stormed the premises and forcibly took three Indian employees' hostage. The abduction is believed to be part of a wi ...Read More >

Wednesday, 2 July 2025 () India has expressed grave concern over the abduction of three Indian nationals in Mali, who were employees of Diamond Cement Factory in Kayes. The abduction occurred during a coordinated armed assault on July 1. India has urged the Malian government to ensure the safe and swift release of its citizens, while the Indian embassy is working closely with local authorities. ...Read More >

Mumbai: The stock markets ended lower on Wednesday, as investor sentiment remained cautious due to US President Donald Trump's firm stand on the upcoming tariff deadline. The nervousness led to a risk-off mood among investors, pulling the benchmark indices lower. After rising to an intra-day high of 83,935.29, the Sensex lost momentum and closed at 83,409.69, down 287.6 points or 0.34 per cent. The Nifty also declined by 88.45 points or 0.35 per cent to end the day at 25,453.4. "Mixed global ...Read More >

New Delhi [India], July 2 (ANI): Coal production from captive and commercial mines in June 2025 reached 15.57 million tonnes (MT), while coal dispatches were recorded at 17.31 MT, according to the Ministry of Coal. These figures indicate a solid performance by the coal sector, which plays a crucial role in meeting the energy and raw material needs of key industries across the country. Also Read | Hemant Khandelwal Takes Charge As Madhya Pradesh BJP President, Replaces VD Sharma. The first qua ...Read More >

New Delhi: Coal production from the country's captive and commercial mines shot up by a robust 16.4 per cent to 46.01 million tonnes during the first quarter (April-June) of the financial year 2025-26 from 39.53 million tonnes in the same quarter of the previous year, according to official figures released on Wednesday. The dispatches of coal from these mines rose by 13 per cent to 51.63 million tonnes in the April-June quarter of the current financial year compared to 45.68 million tonnes in t ...Read More >
Mumbai: Billionaire Sajjan Jindal plans to take JSW Paints public through a reverse merger with the listed Akzo Nobel India after completing the acquisition of the Dulux paints manufacturer. The Jindal family will retain a controlling stake in the combined entity, which will also include private equity investors and public shareholders. The private equity funds' involvement stems from their role in financing the Rs 13,336-crore Akzo Nobel India acquisition. Once listed, Jindal will have six publ ...Read More >
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