Cumi
CUMI and ideaForge Technology to jointly build cutting-edge drones
CUMI's strength lies in nanomaterial-reinforced composite materials - such as graphene-reinforced polymers - which hold the promise of transforming structural parts for aerospace applications
 "CUMI and ideaForge Technology to jointly build cutting-edge drones")
Board of CUMI appoints Sridharan Rangarajan as new MD from August 3
The board of directors of Carborundum Universal Ltd (CUMI), part of the diversified conglomerate Murugappa Group, has appointed Sridharan Rangarajan as its managing director with effect from August 3. Rangarajan currently serves Carborundum Universal Ltd, as its director-finance and strategy. He succeeds N Ananthaseshan who would be retiring from the services of the company and stepping down as director at the close of business hours on August 2. "Delighted that Sridharan Rangarajan, who has been an integral part of the company's strategy and growth for over a decade, is taking over as MD. This will ensure a smooth transition as the company gears up for further expansions in India and global operations," CUMI Chairman M M Murugappan said. On the retirement of Ananthaseshan, he said, "On behalf of the Board, I would like to thank Ananthaseshan for his stellar services to the company over 37 years. He leaves Carborundum well positioned for its next phase of growth in all respects. We
 "Board of CUMI appoints Sridharan Rangarajan as new MD from August 3")
Carborundum Universal partners DRDO for 'ceramic radome' technology
CUMI is one of India's first companies to produce the wonder material graphene for aerospace and defence applications
 "Carborundum Universal partners DRDO for 'ceramic radome' technology")
Carborundum Universal consolidated Q2 net dips 8% to Rs 94 cr, sales up 34%
Revenue spike driven by strong show in electro minerals and ceramics, and sales of Rs 141 crore by newly acquired subsidiaries
 "Carborundum Universal consolidated Q2 net dips 8% to Rs 94 cr, sales up 34%")
As Foscor Zirconia losses mount, CUMI may sell stake in S Africa subsidiary
The plant produces between 2,800 to 3,000 tonnes of three grades of Zirconia, all of which is sold in Europe, India and the US
 "As Foscor Zirconia losses mount, CUMI may sell stake in S Africa subsidiary")
CUMI mulls options of relocating South African subsidiary plant
The plant has started producing a new product - Z450. It has taken a longer time to find acceptance in market than the management had expected
 "CUMI mulls options of relocating South African subsidiary plant")
