Ramco Cements appoints new chairman and MD

21 Jun 2022 CW Team

In accordance with the recent SEBI amendments in the LODR Regulations, Ramco Cements appoints MF Farooqui as Chairman and PR Venketrama Raja as Managing Director.

To ensure greater corporate democracy and in order to have a better and more balanced governance structure, the Board of Directors had unanimously decided to separate the two posts and elected MF Farooqui, IAS (Retd.), Independent Director, as the Chairman of the Board of Directors, effective from July 4, 2022. PR Venketrama Raja’s tenure as Managing Director has been extended by another 5 years.

SEBI had brought in amendments in LODR Regulations under the recommendation of the SEBI Committee on Corporate Governance. The Committee recommended the Separation of the Roles of Non-executive Chairperson & Managing Director, which is considered to be one of the highest standards of Corporate Governance.

The amendment has been in effect from July 1, 2022. However, companies were given an option to adopt this provision on a voluntary basis.

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..