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Cement News
Why KKR has gone off the beaten track in India In 1988, Kohlberg Kravis Roberts (KKR), the private equity (PE) giant, was at the centre of the mother of all corporate takeover battles when it acquired RJR Nabisco for $25 billion, a deal that has since been the benchmark for leveraged buyouts worldwide. Twenty four years after that battle, Sanjay Nayar, the CEO of the firm's India office, says, "We are involved with our partners as engaged shareholders
India Cements net income up 19%
Kolkata, Apr 25 (IBNS) The India Cements Limited, one of the leading cement producers in the country, on Wednesday announced its results for the quarter and the year ended 31st March 2012 where its net income increased by 19%.
MARKET EYE-Collusion ruling looms large over cement makers
*Indian cement makers fall on fears the Competition Commission of India (CCI) will rule against the sector as it deliberates on whether companies have colluded to push up prices. * CCI on Monday
Sensex up marginally amid cautious trades;Wipro down 6.5% on results
BSE Sensex snaps 2-day fall; TCS shares surge
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