Search results
Results from the WOW.Com Content Network
Srinivasan took over as vice-chairman and managing director of India Cements in 1989. He made a hostile attempt to takeover Andhra Pradesh based Raasi Cements in 90's and merged it with India Cements. The Rs 380-crore deal was one of the biggest ever acquisitions in Indian corporate history, and the first successful hostile takeover.
The India Cements Limited is a cement manufacturing company based in Chennai. It is the 9th largest listed cement company in India by revenue. [ 2 ] The company is headed by former International Cricket Council chairman and Board of Control for Cricket in India president N. Srinivasan .
Guranath is the daughter of Indian industrialist, former president of the BCCI, and former chairman of the ICC, N. Srinivasan.. Rupa is married to Gurunath Meiyappan, a former Chennai Super Kings official and member of the AVM family, who was banned for life from any involvement in cricket for his role in the 2013 IPL betting scandal by the Lodha Committee.
Chennai Super Kings (CSK) was acquired by India Cements, a company owned by N.Srinivasan, then president of BCCI. [5] The BCCI had an existing clause in its regulations which prohibited administrators of BCCI from holding commercial interests in the matches conducted by the board. [ 6 ]
India Cements acquired the rights to the franchise for 10 years. Former ICC Chairman N. Srinivasan was the de facto owner of the Chennai Super Kings, by means of his position as the vice-chairman and managing director of India Cements Ltd.
On 25 March 2014, the Supreme Court of India told N. Srinivasan to step down from his position on his own as BCCI president in order to ensure a fair investigation into the betting and spot-fixing charges levied against his son-in-law Gurunath Meiyappan who was team principal of Chennai Super Kings, else it would pass verdict asking him to step ...
Sankar was born on 19 November 1945 to Madhuram and K. S. Narayanan, and was the elder of two siblings. [1] [2] [3] He was the grandson of Indian industrialist S. N. N. Sankaralinga Iyer, who was the founder of India Cements and Indo-Commercial Bank.
The auction also led to controversy regarding the conflict of interest with then BCCI secretary N. Srinivasan holding a stake ... India Cements: 91.00 Delhi ...