India Cements Scrip Slips, Question Mark Over Rejig Process

Chennai: India Cements Ltd. shares slipped on Tuesday but later recovered -- albeit partially -- as uncertainty loomed over the company's demerger of Chennai Super Kings division into a subsidiary, after Justice Lodha Committee suspended the cricket team for two years. The scrip with a face value of Rs.10 opened at Rs.94.55 at the Bombay Stock Exchange but slid to Rs.88.25 during the morning trade. The scrip later recovered to Rs.91...