“It could be Sporting Club East Bengal or Shree Cement East Bengal as per your interpretation. UltraTech Cement, Dalmia Cement and Shree Cement did not respond to e-mailed requests for comment by press time Thursday. We are toying with other ideas." read more On 2 September 2020, East Bengal announced a partnership with Shree Cement as their principal investors. “Let’s not get into the details of the history of how the deal was materialised. ISL's growing footprint in the state and across India, is yet another step towards our mission of building a competitive and robust football ecosystem in the country." Sport will not go forward unless you have big money. Will keep East Bengal’s legacy intact and bring back glory days, says Shree Cement owner East Bengal will figure prominently in the new name and its jersey colour won’t be tinkered with, owner of Shree Cement Hari Mohan Bangur, said. - PTI. Owing to the COVID-19 pandemic, the three-month long tournament will be played at three venues of Goa from the second-half of November. "It could be Sporting Club East Bengal or Shree Cement East Bengal as per your interpretation. The company, which has over 13 … "It is such a happy and proud moment for ISL as we welcome East Bengal FC and their millions of fans into the League," the FSDL supremo Ambani said in a statement. The real challenge, however, will begin now on the field, as the club will have to finalise the squad. Advisor of Shree Cement, Srenik Sett, who is likely to be one of the key members of the Board, said they cannot have East Bengal prefixed by Shree Cement Limited as per the guidelines. But still we will give a good fight. "This was made possible because of Mamata ji. We will just add one prefix. Currently its manufacturing operations are spread over North and Eastern India across five states. The Board will announce in due course." I don’t know what happened with Quess, it’s their problem,” he said. And for us, we thought this was an opportunity to become a long-term investor and serve Indian football.”. “Fans of East Bengal must note that we will bring back the glory of East Bengal. “All sports want money and professionalism. “We will bring all competent people. Shree Cement Q2 results: Net profit rises 68% to Rs 528 crore . We will walk together. With Mohun Bagan already making the ISL riding two-time champion ATK, it compounded the misery of legions of East Bengal fans, as the club struggled to get its sporting rights back. Will keep East Bengal's legacy intact and bring back glory days: Shree Cement owner 03 Sep, 2020 Kolkata, Sep 3 (PTI) East Bengal will figure prominently in the new name and its jersey colour won't be tinkered with, owner of Shree Cement Hari Mohan Bangur, who has acquired a majority stake in the iconic club, said on Thursday. Sett said the priority is to prune the squad so that they can travel to Goa and enter the bio-secure bubble. "It's not possible with Shree Cement being a corporate group. To continue enjoying Sportstar, you can turn off your adblocker or subscribe to Sportstar Plus. This is Shree Cement office photo was submitted anonymously. I hope it continues perpetually.” - Nagara Gopal. The yet-to-be-christened consortium of East Bengal and Shree Cement, who holds a 76 per cent stake, becomes the 11th team to enter the ISL. READ: East Bengal gets new investor to brighten ISL chances. (Photo Credit: Twitter) ... its contribution to Indian football along with Shree Cement's support to keep the flag flying high," Shree Cement Managing Director HM Bangur said. Former England international and Liverpool legend Robbie Fowler has been appointed the head coach of East Bengal for a two-year tenure, team’s principal owner Hari Mohan Bangur said on Friday. It was then, West Bengal Chief Minister Mamata Banerjee came to their rescue and personally involved herself in the negotiation before making the announcement at the state secretariat, Nabanna. Within 5-10 days, by the middle of the month we will finalise everything.”. Too much of interference by club officials in football activities was seen as a reason behind the premature departure of Quess. Owner and managing director of Shree Cement, Hari Mohan Bangur, who has acquired a majority stake in the club, gave full credit to the state chief minister for the last-minute inclusion of East Bengal. Questions about shree cement. In an interview a day after the big announcement, the company owner, who is also its managing director, outlined his plans with the club and hoped the relationship “continues perpetually“. Sharpest growth was posted by north based companies like JK Cement (25.6 per cent YoY) followed by JK Lakshmi Cement (16 per cent YoY) and Shree Cement (up 14.2 per cent YoY). We want to give recognition to everything.”. “The handover is yet to be done, the intent to take over was signed yesterday. In the current scenario, the matches will be closed-door affairs, but the inclusion of the Big Two of Indian football will still take the league to another level. Business | Monday April 28, 2014 . Due to the COVID-19 pandemic, the Indian football season started on 1 August 2020 and is supposed to end on 31 May 2021. Among others, the club's journey to the Indian Super League involved a serious intervention by West Bengal Chief Minister Mamata Banerjee. Asked about the name of the club, he said: "It's such an old club, how can we dare to change the jersey colour or club's name. Stocks in the news | M&M, Shilpa Medicare, PNB, Biocon, IDBI Bank, Majesco, Shree Cement, JSPL, HDFC and SREI Infra are some of the stocks which are in news today. Robbie Fowler File Photo. But Bangur remains “100 per cent” hopeful. “There is a clear uptick in the number of dawn raids being conducted by the CCI in the last two years,” said Anisha Chand, partner at law firm Khaitan and Co. “We are 100 per cent hopeful of completing the formalities and play in the ISL. Photogallery. “The club has given us football and many other rights. Bangur said they were never apprehensive about the deal despite East Bengal’s fallout with Quess Corp. “At this point of time we think that things will work out very well. If at all we have to give credit, it's her," Bangur told PTI from Dubai. Mamata ji's words carry a lot of weight and we did not look back (in forming a venture with EB)." Sohini Roy Chowdhury and Anil Mukerji during Ek Mulakat — an initiative by Prabha Khaitan Foundation, in association with Shree Cement, Tollygunge Club and Calcutta Times. Articles on Shree Cement Ltd, Complete Coverage on Shree Cement … We will make the announcement by September 30," Bangur said. Get your daily dose of Sportstar with handpicked stories delivered right to your inbox! Then we will talk about it. On sales volume, Shree Cement posted a stronger growth of 14 per cent year-on-year (YoY) to 6.53 million tonnes (mt). Didi’s (Mamata Banerjee) inspiration, guidance and blessings made it possible. We have two teams and won many tournaments.”. Latest Shree Cement Ltd News and Updates, Special Reports, Videos & Photos of Shree Cement Ltd on The Hindu BusinessLine. First let us make the team, be part of the league. Like any growing venture, Shree Cement also had its share of tough time. We are very clear to you.”, READ: Bhutia excited for East Bengal's new era and possible ISL move, “East Bengal were in search of an investor for quite a long time, and their negotiation last time broke in the final stages. Ask a Question. “We would like to maintain the tradition. Dealers Meet. ATK-Mohun Bagan had landed there on Friday. 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