Scripting a survival
Zee’s founding family plots a twist in the tale and stays in control
CEMENT-JK_LAKSHMI
JK Lakshmi Cement has suspended production at its Durg plant in Chhattisgarh due to a strike called by Chhattisgarh Cement Transport Association.
The company has been facing unrest for the last few days and had cut production at the plant.
Dispatches from the Durg cement plant, which stood substantially reduced from September 19, have been completely stopped, said the company in a statement on Monday.
"Industry-wide negotiations are being held with State Government and we are hopeful of an amicable solution soon," it said.
The Durg plant has production capacity of about 2.7 million tonnes per annum.
Led by Bharat Hari Singhania and Vinita Singhania, JK Lakshmi Cement has integrated cement plants at Sirohi and Udaipur in Rajasthan and Durg in Chhattisgarh with an overall production capacity of 13.3 mtpa.
It has four grinding units at Kalol and Surat in Gujarat, Jhajjar in Haryana and Cuttack in Odisha besides 12 Ready Mix Cement plants at NCR, Rajasthan, Gujarat and Punjab.
The company has a major presence in Northern, Western and Eastern India's cement markets.
JK Lakshmi Cement is a part of the 125-year-old JK Organisation and has a presence in tyre, cement, paper, power transmissions, sealing solutions, dairy products and textiles.
JK Lakshmi Cement shares were up 2.4 per cent or by ₹15 to ₹642 against the previous close of ₹627 on BSE.
The scrip opened at ₹635 and touched a low of ₹628 before closing near the day's high of ₹644 on Monday.
Zee’s founding family plots a twist in the tale and stays in control
Mathew Joseph, COO of FreshToHome, has honed the art of fishmongering
The story behind the vaccine development and the dose of innovation the Ellas have brought to India’s biotech ...
Hydrogen generation from agri residue could well change the mobility scenario
With the advantage of a US generics market focus wearing off, what is the way forward for Indian Pharma ...
While you should have other liquid investments for emergency, knowing withdrawal rules helps
Here are stocks with higher percentage of pledged shares among NSE 500 companies
However, many features including financial transactions are yet to be launched on the platform
Two planes, three pilots and three mechanics was what it took to start Tata Airlines.
Contrary to popular belief, author AS Bhasin reveals how much the Chinese tried to resolve their border issue ...
Virology and epidemiology apart, Spike - a lucid early narrative on Covid-19 - is a goldmine of practical ...
Tracing the linkage between the ideas of The Father of the Nation, India's MK Gandhi and The Father of ...
How the classical vocalist got audiences singing to his tune, 30 seconds at a time, is a case study in ...
The FMCG behemoth’s CMD Sanjiv Mehta on how it is using personalisation to change the assortment at every ...
Quick Smart Wash seeks to expand horizons and find new niches in the laundry business
Announces launch of Dentsu gaming
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...