Ravi Karandeekar's Pune Real Estate Market News Blog: Rain Group in Rs300-crore cement expansion mode

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Friday, June 22, 2007

Rain Group in Rs300-crore cement expansion mode - livemint

Hyderabad: The Hyderabad-based Rain Group, which has recently bought, through group company Rain Calcining Ltd, the world’s second largest calcined petroleum coke (CPC) producer CII Carbon Llc. for $595 million (Rs2,440 crore), is planning to expand its cement operations at a cost of Rs300 crore........Rain Group in Rs300-crore cement expansion mode - livemint