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Shree Cement emerges as preferred bidder for Andhra Pradesh limestone block
Shree Cement has been declared the preferred bidder for the Dommarnandyala-1 limestone block in Andhra Pradesh. The block, located in the YSR Kadapa District, covers an area of 373 hectares…
cityfalcon.com·16d ago
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Shree Cement emerges as preferred bidder for limestone block in Andhra Pradesh
Shree Cement has been declared the preferred bidder for the Dommarnandyala - 1 Limestone Block in Andhra Pradesh. The block, located in the YSR Kadapa District, spans an area of…
cityfalcon.com·16d ago
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Shillong MP seeks freeze on cement plant clearance in East Jaintia Hills
Shillong, Feb 15: Shillong MP Ricky A J Syngkon has sought an immediate freeze on the environmental clearance process for a proposed integrated cement plant in Meghalaya’s East Jaintia Hills district, citing serious environmental and procedural concerns. In a representation to Union Environment, Forest and Climate Change Minister Bhupender Yadav, Syngkon urged authorities to suspend proceedings related to the project proposed by Shree Cement Limited at Daistong village, pending an independent review into alleged irregularities and cumulative environmental impacts. The project includes a 0.95 million tonnes per annum (TPA) clinker unit, a 0.99 million TPA cement grinding unit, a 15 MW captive power plant, a 7 MW waste heat recovery system and associated infrastructure spread across 25.08 hectares. Noting that East Jaintia Hills already hosts several cement and extractive industries, the MP cautioned against evaluating projects in isolation. He warned that granting clearance without assessing cumulative regional impacts could weaken environmental safeguards and undermine sustainable development principles.
cityfalcon.com·2mo ago
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Meghalaya: Daistong villagers approach PM; allege ‘illegal’ hearing for cement plant
CORRESPONDENT SHILLONG: In a dramatic escalation that has taken the battle from a remote village in East Jaintia Hills to the corridors of power in New Delhi, more than 200 residents of Daistong have petitioned Prime Minister Narendra Modi and Union Home Minister Amit Shah , seeking the suspension of what they term an "illegal" public hearing for a proposed cement plant by Shree Cement Ltd. The villagers have alleged that authorities conducted the December 19, 2025 environmental public hearing despite serious procedural lapses, including an alleged no-objection certificate issued by the dorbar shnong without the knowledge or consent of the residents. Local activist Reachingson Siangshai, speaking on behalf of the villagers on Saturday, said authorities must halt the hearing immediately as the village authorities had entered into an agreement with the company "without the knowledge of the residents". He further claimed that the village authorities never made the agreement public within the village. "The agreement… is not known to the people of the village," he said.
cityfalcon.com·2mo ago
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Brief India: Aye Finance IPO: A Play on Formalising India’s Micro-Enterprise Credit and more
In this briefing: Aye Finance IPO: A Play on Formalising India’s Micro-Enterprise Credit India : Making the Best of the US Trade Deal HDB Financial Services Ltd: The High-Yield Engine of the HDFC Ecosystem Primer: Redington India (REDI IN) - Feb 2026 HSIE Results Daily: State Bank of India, Tata Steel, Shree Cement, Repco Home Finance 1. Aye Finance IPO: A Play on Formalising India’s Micro-Enterprise Credit Aye Finance Limited, a fast-growing MSME-focused NBFC, is launching a INR 1,010 crore IPO comprising a fresh issue and an offer for sale. The company operates in India’s structurally underpenetrated micro-MSME credit segment , combining rapid AUM growth with a granular, cash-flow based underwriting model. Aye Finance offers exposure to a large, underserved lending opportunity , but elevated credit costs and recent profitability pressure warrant close monitoring post listing. 2. India : Making the Best of the US Trade Deal India's terms, as set out in the framework for the agreement, appear generous relative to its SEA peers.
cityfalcon.com·2mo ago
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