ACC launches 'Coastal+' cement

[email protected] (CD Network)
November 14, 2011

Mangalore, November 14: ACC Ltd has launched 'Coastal+', a premium eco-friendly cement brand in Mangalore recently. Coastal+ is a technologically advanced cement offering superior protection against coastal climate.

Launching the product in Mangalore on last Thursday, Mr Ramit Budhraja, Chief Executive, South & West Region, ACC Ltd, said that Coastal+ is specially designed considering the exposure conditions in coastal areas. This cement provides protection to structure from aggressive environment, he said.

Explaining this, Mr Budhraja said concrete made from Coastal+ is more cohesive. With this, concrete structures will have low permeability compared to structures made with ordinary cement. Lower permeability results in higher protection from various exposures, making the structures more durable.

The cement is ideal for usage in foundations, roofing and to the sections exposed to external environment.

With Coastal+, ACC also offers value-added services like guidance on good construction practices, testing of ingredients at site, site visits at different stages of construction, basic proportion design for concrete, testing performance of concrete structure. ACC will also offer durability tests like RCPT (Rapid Chloride Penetration Test) and UPVT (Ultrasonic Pulse Velocity Test) to customers who use Coastal+.

Asked about the cost of the cement, he said a 50-kg bag of Coastal+ costs Rs 340. The ordinary general purpose cement costs around Rs 325 a bag.

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pergade gowda d
 - 
Thursday, 8 Sep 2016

We started construction of house around 2200 sq ft. ground floor slab is over and used ACC Cement 240 bags. Now required for 2nd floor and for plasting work. for the above purpose near by agents or can we get online and what is todays rate. we want cement in after 15th october for because our rural road is not so well.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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coastaldigest.com news network
August 1,2020

Mangaluru, Aug 1: A teenage boy, who was critically injured in a road accident at Manchi village in Bantwal taluk, breathed his last at a private hospital in the city today.

The victim has been identified as Mohammad Unais (17), a resident of Bolanthoor village.  

The mishap occurred yesterday (July 31) at around 6 p.m. when Unais was riding a motorbike.

In his bid to overtake a speeding lorry near the Manchi mosque, the boy lost control over his motorbike, which first rammed into an auto-rickshaw and then collided with the same lorry. 

The impact was such that the boy was thrown onto the road. He was immediately rushed to a hospital in Mangaluru. 

He breathed his last early today without responding to any treatment. 

A case has been registered at jurisdictional Melkar Traffic Police Station and investigations are on.

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coastaldigest.com news network
May 21,2020

Mangaluru, May 21: A man who was quarantined in Moodbidri town of Dakshina Kannada after returning from Mumbai has reportedly committed suicide under mysterious circumstances.

The victim has been identified as Dayanand Poojary from Kadandale.

The exact reason for the suicide is not yet known. However, it is suspected that he might have resorted to the extreme step out of fear about COVID-19 and about the means of his future livelihood.

He was admitted to the quarantine facility at Kadandale school around 1 am on Thursday, May 21. Within a couple of hours he ended his life, sources said.

A case has been registered and investigations are on.

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