The exhibition game was a clear testament of camaraderie between Filipino and Indian expat communities in the UAE," said DCBL
governor Rante Bautista, organiser of the event.
Sudhir Khatri, president and chief executive officer of DCBL
said he applied for refinancing in the areas of tourism and hydropower sectors, among others.
DCBL is active in cement, sugar and power production.
The rating action follows DCBL's board approving a proposed de-merger scheme, whereby the existing cement business of DCBL will be de-merged into a separate company, Dalmia Bharat Enterprise Ltd (DBEL), which will also hold the power generation assets and refractory operations of DCBL.
Subsequent to the proposed de-merger, DCBL will hold the sugar and allied businesses of the company.
DCBL has been recognized and awarded Hewitt's Best employer for the year 2009.
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