Financial Daily from THE HINDU group of publications
Saturday, Apr 20, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Corporate - Sick Units
Industry & Economy - Cement
Government - Policy


7 non-operational Cement Corpn units to be closed

Our Bureau

NEW DELHI, April 19

THE Union Cabinet has permitted Cement Corporation of India (CCI) to shut down its seven non-operational units.

"The Cabinet on Thursday permitted CCI to take advance action to close seven non-operational units under the Industrial Disputes Act and offer benefits of VRS to its employees. The modalities for meeting the expenditure on VRS would be worked out by the Ministry of Finance and Ministry of Heavy Industries & Public Enterprises," the Parliamentary Affairs Minister, Mr Pramod Mahajan, told press persons here today.

The seven units are Kurkunta Cement Plant in District Gulbarga, Karnataka; Nayagaon Cement Plant in District Neemuch, Madhya Pradesh; Akaltara Cement Plant in District Bilaspur, Chhatisgarh; Charkhi Dadri Cement plant in District Bhiwani, Haryana; Adilabad Cement Plant in District Adilabad, Andhra Pradesh and Delhi Grinding Unit, Delhi.

Send this article to Friends by E-Mail

Stories in this Section
Hindustan Lever puts off AGM to June 26


DRL board to meet on June 4
Sterlite `scheme'
DVC plans restructuring
Caltex gets buy-out okay with 5-yr rider
HC okays merger scheme of Mahindra group cos
FIPB decision on Hind Lever holding deferred
IAPL merger with Nalco notified
Skoda to expand assembly operations
Essel Propack to put up US plant to serve P&G
Lurgi setting up PET plant for Aspet
Travancore Titanium plans to hike capacity
Intrex mulls trade platforms abroad
Bid to ensure compliance of co secy norms
ONGC, IPCL sign price pact for ethane, propane
Tata Power keen on venture with DVC
Days numbered for Fertiliser Corpn units
7 non-operational Cement Corpn units to be closed
Top Telemedia eyes 3-fold jump in profit
Decision cycles shrinking: Wipro
New GM for KIOCL
Nagarjuna Oil top brass quit
BHPV gets new chief


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line