The legislative power to tax mineral rights vests with the states and the royalty paid on minerals is not a tax, the Supreme Court ruled on Thursday in a landmark judgement which will give a huge......
Top purchaser of electoral bonds Future Gaming and Hotel Services donated Rs 509 crore to Tamil Nadu's ruling party Dravida Munnetra Kazhagam through the now-scrapped payment mode, the Election......
UltraTech Cement's announcement that it would snap up a controlling stake in India Cements may only be a sign of more to come. Photograph: Amit Dave/Reuters In the wake of one of the......
Ultratech Cement’s acquisition of a 23 per cent stake in Tamil Nadu-based India Cements is another instance of growing consolidation in the cement market in India. Photograph: Jayanta......
The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore.......
Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Illustration: Dominic Xavier/Rediff.com Historical quarterly data from listed......
India’s cement demand has consistently shown double-digit growth over the past few quarters, primarily driven by infrastructure spending. Photograph: Anindito Mukherjee/Reuters However,......
After The Great Khali and before him Big B put their weight behind it, the Indian cement industry has brought on board two other celebrities to solidify its growth. Of the top four companies,......
As Rajinikanth's Kaala releases across the world today, it's all set to be another hit to the superstar's credit.While every other role of Rajinikanth has been analysed and revered, T E Narasimhan......
Photograph: Kind Courtesy BCCI India's premier off-spinner R Ashwin is set to take charge of the Chennai Super Kings High Performance Centre, potentially paving the way for his return to the......
IMAGE: CSK officials offered prayers with the IPL trophy at the famous Lord Shri Venkateswara Temple in Chennai on Tuesday. Photograph: PTI The thrilling last-ball win by Chennai Super Kings in......
IMAGE: In Jasprit Bumrah's absence, Arshdeep Singh has grabbed the opportunity with both hands, picking up 33 wickets from 23 T20Is. Photograph: Sarah Reed/Getty Images Australian fast bowling......
IMAGE: With a salary cap of R 34 million (US$1.9 million approx, INR 15 crore) per team, robust bidding was witnessed with Tristan Stubbs, who plays for Mumbai Indians in the IPL, being the most......