CHENNAI: The India Cements Ltd and Dalmia Cements –
both of whom held token minority stakes as promoters in Bharathi Cements – have exited the company.
The move comes after Y S Jagan Mohan Reddy, the promoter of Bharathi Cements,
sold 51% in the company to Vicat of France for an undisclosed sum.
“We had invested Rs 93 crore in the company and have sold our stake at Rs 117 crore.
We are told that Dalmia has also sold its stake in Bharathi,”
officials at India Cements said. Officials from Dalmia could not be reached for a comment.
Established in 1999 as Raghuram Cements,
this company had come into the hands of Y S Jagan Mohan Reddy in 2006 and
metamorphosed it to Bharathi Cement.
From then onwards, it procured all permissions and investments and
commissioned a 2.5 million-tonne cement plant in Cuddappah district of Andhra Pradesh.
Last week, Reddy along with other external promoters sold 51% stake in company to Vicat of France.
“The overall prices dropped in the Q3 to Rs 2,410 a tonne and improved marginally in Q4 to Rs 2,483 in the south. In other cement markets, realisations were much higher at above Rs 3,000,” he said.
“Living in and out tents and vanity vans, away from urban comforts, walking across remote villages and staying away from family and children for weeks together; this sister is living her brother’s dream. Instead of glorifying her ordeal, she brushes it off saying, “Don’t make it look so difficult. Nothing seemed like a problem. The only thing I was dreading was to speak in Telugu. We usually think in one language and for me it was English. I first had to learn to think in Telugu and it was quite a challenge to evolve as a Telugu speaker.” – Sharmila
Y.S.Jagan and K.C.R are future cm’s for A.P
Welcome mopidevi Garu..
Election result in 2014 should be slipper-slap on kkr n botsa,s face.
Indian Outsourcing Companies Go Rural . Villages Are Home to an Untapped Work Force, but Internet Infrastructure Needs to Catch Up
http://online.wsj.com/article/SB10000872396390443618604577623451428599944.html
Any political party to take this forward?
Gujarat organic farmers to develop seed banks to take on GM seeds
http://www.rediff.com/business/report/gujarat-farmers-to-develop-seed-banks-to-take-on-gm-seeds/20130701.htm
Day 196….Prajaprasthanam…Neerajanam
http://www.sakshipost.com/index.php/videos?task=play&id=3887
Cheif Justice of SC…
http://www.thehindu.com/opinion/interview/judiciary-not-untouched-by-corruption/article4866406.ece?homepage=true
http://www.aplatestnews.com/usnewsvideo.php?idx=y-s-sharmilas-padayatra-in-visakhapatnam-tv5-2013-06-30&vidtype=2&src=otvfeed
Jagan’s handicapped supporters to undertake rally to Delhi
http://twocircles.net/2013jun27/jagans_handicapped_supporters_undertake_rally_delhi.html
Students from underprivileged families crack the IIT-JEE Advanced thanks to Anand Kumar’s Super 30 educational programme
http://www.rediff.com/getahead/slide-show/slide-show-1-achievers-i-had-no-money-for-school-fees-but-my-son-is-going-to-iit/20130624.htm
పి వి నరసింహ , అపర చాణక్య నమో నమః
http://rajakeeyalu.com/index.php?page=posts&post_id=203
http://www.thehindu.com/opinion/lead/of-reliance-by-reliance-for-reliance/article4866611.ece
Will Telangana be a reality?
http://greatandhra.com/viewnews.php?id=47516&cat=15&scat=20
Day 195 …Prajaprasthanam
http://epaper.sakshi.com/apnews/Visakhapatnam/01072013/8
http://epaper.sakshi.com/apnews/Visakhapatnam/01072013/Details.aspx?id=1860543&boxid=26146142
Karimnagar …
http://epaper.sakshi.com/apnews/Karim_nagar/01072013/Details.aspx?id=1859877&boxid=25582034
http://articles.timesofindia.indiatimes.com/2010-05-01/india-business/28285437_1_dalmia-cements-bharathi-cement-vicat
CHENNAI: The India Cements Ltd and Dalmia Cements –
both of whom held token minority stakes as promoters in Bharathi Cements – have exited the company.
The move comes after Y S Jagan Mohan Reddy, the promoter of Bharathi Cements,
sold 51% in the company to Vicat of France for an undisclosed sum.
“We had invested Rs 93 crore in the company and have sold our stake at Rs 117 crore.
We are told that Dalmia has also sold its stake in Bharathi,”
officials at India Cements said. Officials from Dalmia could not be reached for a comment.
Established in 1999 as Raghuram Cements,
this company had come into the hands of Y S Jagan Mohan Reddy in 2006 and
metamorphosed it to Bharathi Cement.
From then onwards, it procured all permissions and investments and
commissioned a 2.5 million-tonne cement plant in Cuddappah district of Andhra Pradesh.
Last week, Reddy along with other external promoters sold 51% stake in company to Vicat of France.
“The overall prices dropped in the Q3 to Rs 2,410 a tonne and improved marginally in Q4 to Rs 2,483 in the south. In other cement markets, realisations were much higher at above Rs 3,000,” he said.
Babu garu…dont worry.
Meeru army officer ni chokka pattukoni kodithe
Telugu prajalu mee chaddi vippi koduthunnaru
Aina manaki siggu lajju levu kadha !!
Chee..chee..emi brathuku.
http://www.deccanchronicle.com/130630/news-current-affairs/article/sathasivam-always-disciplined-mother
“Living in and out tents and vanity vans, away from urban comforts, walking across remote villages and staying away from family and children for weeks together; this sister is living her brother’s dream. Instead of glorifying her ordeal, she brushes it off saying, “Don’t make it look so difficult. Nothing seemed like a problem. The only thing I was dreading was to speak in Telugu. We usually think in one language and for me it was English. I first had to learn to think in Telugu and it was quite a challenge to evolve as a Telugu speaker.” – Sharmila