HCL Infosys Delhi GC Rajeev Choubey joins Lafarge ACC Cement as GC in Mumbai

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Tuesday, 3 July 2018 By Legally India In-house counsel

Rajeev Choubey moves from HCL to Lafarge subsidiary ACC

HCL Infosystems general counsel Rajeev Choubey has joined cement giant LafargeHolcim’s Indian unit ACC Cement as general counsel yesterday.

A 1999 Delhi University alumnus, Choubey was legal head at Vedanta until 2016, after having been at the company and Sterlite Industries for 10 years. He’s also had stints with Maruti Suzuki and the government of Uttar Pradesh.

He had joined HCL as GC two years ago.

At HCL he was based in Delhi and with the move to ACC he has moved to Mumbai, he told us yesterday but could not comment further.

ACC is a 30 million tonne cement player which achieved 126% profit-increase in 2017 and predicted an even better outlook this year due to the increased outlay on infrastructure development including roads, railways, highways and irrigation projects and sharp focus on affordable housing segment, reported the Economic Times.

Ambuja Cement, the other LafargeHolcim India unit that holds majority share in ACC, was going to merge with ACC but that merger has been put on hold.

Comments

Pakoda wala Bhaiya 4 Jul 2018, 06:46

+0 -0

.........ACC is a 30 million tonne cement player which achieved 126% profits in 2017......!!! How can some company achieve more than 100% profits?

Pakoda Wali Behana 4 Jul 2018, 08:48

Why not? If profits were Rs. 100 last year and Rs. 226 this year, it is a jump of 126%

Pakoda wala Bhaiya 4 Jul 2018, 12:06

+1 -0

.....behen ji, the news item does not say 'jump' any where! it simply say i earned 126% profits, which can be 126% on sales or on costs!

kianganz 4 Jul 2018, 12:19

Have clarified - should be increase of 126% of course :)

Anonymous123 5 Jul 2018, 17:05

Why leave HCL?

Guest 20 Jul 2018, 06:39

Congratulations on the new role.

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