SHILLONG: A police complaint has been lodged at Rynjah Police Station against M/s AMS Cement Ltd. for default in repayment of a loan of Rs. 2 crore which was taken from Meghalaya Industrial Development Corporation (MIDC).
Police informed that MIDC had loaned Rs.2 crore to M/s AMS Cement Ltd., for setting up of a plant at Mawpdang village in East Khasi Hills, but the company has failed to repay the loan to the MIDC.
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The Shillong Times first appeared as a tabloid weekly on 10th August 1945 under the editorship of Late Sudhindra Bhusan Chaudhuri. In 1958 it was converted to a Daily. Owing to financial constraints, within six months it reverted back to a weekly.
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