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Lakshmipat Singhania National Leadership Awards 2025

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The Indian Institute of Management (IIM) Lucknow and JK Organisation hosted the Lakshmipat Singhania National Leadership Awards 2025 in the presence of Finance Minister Smt. Nirmala Sitharaman, celebrating exceptional individuals driving India’s socio-economic transformation. Instituted in memory of visionary industrialist Late Shri Lakshmipat Singhania, the awards honour leaders across business, community service, and science and technology.
The ceremony was attended by dignitaries including Raghupati Singhania, Harshpati Singhania, Vinita Singhania, Dr MP Gupta (Director, IIM Lucknow), and Shri NK Singh, Chairman of the Jury. Smt. Sitharaman applauded the role of leadership in building a developed India and praised institutions like IIM Lucknow for nurturing ethical changemakers.
Awardees included Venu Srinivasan (TVS Motor), Sahil Barua (Delhivery), Kailash Chandra Agrawal (Narayan Seva Sansthan), Pallabi Ghosh (Impact and Dialogue Foundation), Dr Satheesh Shenoi (INCOIS), and Dr Urbasi Sinha (Raman Research Institute).

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CCU testbeds in Tamil Nadu

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

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JSW Cement gears up for IPO

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

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Cement industry to gain from new infrastructure spending

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

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