India Cements MD Assures Staff Amidst Industry Challenges

30 Jul 2024 CW Team

In light of recent industry shifts and market uncertainties, the Managing Director of India Cements, N. Srinivasan, has reassured the company's workforce that there is no need for concern about job security. Addressing employees, Srinivasan emphasised that despite the challenges faced by the cement industry, the company remains committed to its staff and operations.

The cement sector has been experiencing fluctuations due to various factors including supply chain disruptions and market demand changes. However, Srinivasan's message aims to alleviate any anxiety among employees by affirming that the company is well-positioned to navigate these challenges.

Srinivasan highlighted the company's robust strategies and long-term plans designed to address the evolving market conditions. He reassured staff that the organisation is focused on maintaining stability and continued growth. The MD?s statement comes as a proactive measure to ensure that the employees remain motivated and secure amidst the current market dynamics.

India Cements has been a significant player in the industry, and this reassurance from its leadership is expected to boost morale and confidence within the company. By addressing potential concerns directly, the management is working to foster a positive and supportive work environment, crucial for the company?s success in these uncertain times.

This move by India Cements reflects a broader trend among companies to prioritise employee welfare and communication during periods of industry turbulence.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..