HPL awaits nod for product swapping terms in next board meeting
August 4th, 2012 - 8:18 pm ICT by IANS
Kolkata, Aug 4 (IANS) In a bid to arrange a temporary financing option, cash-strapped Haldia Petrochemicals Ltd (HPL), the second-largest maker of polyethylene in India, is awaiting a nod from ... Read more...
Posted in Business |
RSP achieves best-ever saleable steel production
October 3rd, 2011 - 7:52 pm ICT by IANS
Bhubaneswar, Oct 3 (IANS) The Rourkela Steel Plant (RSP), a unit of state-run Steel Authority of India Limited (SAIL), Monday said it has registered its best ever saleable steel production ... Read more...
Posted in Business |
Manufacturing sector to slow down: Surveys
September 11th, 2011 - 3:00 pm ICT by IANS
New Delhi, Sep 11 (IANS) Rising input and interest costs will slow the manufacturing sector's growth in the coming quarters of fiscal 2011-12, leading industry lobbies said Sunday.A survey conducted ... Read more...
Posted in Business |
Rourkela Steel sees best-ever performance
September 2nd, 2011 - 9:39 pm ICT by IANS
Bhubaneswar, Sep 2 (IANS) The Rourkela Steel Plant (RSP), a unit of state-run Steel Authority of India Limited (SAIL), Friday said it has registered its best ever production performance for ... Read more...
Posted in Business |
SMEs business confidence index to be bullish in Q3
October 24th, 2010 - 5:32 pm ICT by IANS
New Delhi, Oct 24 (IANS) The business confidence index (BCI) of small and medium enterprises will move up in the third quarter of this fiscal, a survey by the Confederation of Indian ... Read more...
Posted in Business |
India Inc’s business confidence for falls: Survey
October 17th, 2010 - 3:32 pm ICT by IANS
New Delhi, Oct 17 (IANS) The business confidence of India Inc. for the October-December quarter has fallen on concerns such as inflation and high interest rates, says a survey.The survey ... Read more...
Posted in Business |
India to become second largest steel-producing nation by 2012: Virbhadra Singh
July 23rd, 2010 - 7:59 pm ICT by ANI
New Delhi, July 23 (ANI): Union Minister of Steel Virbhadra Singh on Friday said India is expected to become the second largest steel-producing nation by 2012 with a targeted production capacity of ... Read more...
Posted in National |
Flowers, gardens to cover Delhi’s sanitary landfill
July 21st, 2010 - 9:30 pm ICT by IANS
New Delhi, July 21 (IANS) The Municipal Corporation of Delhi's (MCD) sanitary landfill sites, which are associated with heaps of garbage and foul smell, will now be surrounded with fragrant flowers and ... Read more...
Posted in Environment |
NALCO Q4 profit up 371 percent at Rs.391 crore
May 15th, 2010 - 8:17 pm ICT by IANS
Bhubaneswar, May 15 (IANS) State-owned National Aluminium Company Limited (NALCO) Saturday announced a 371 percent rise in net profit at Rs.391.48 crore for the fourth quarter of 2009-10 ended March 31.
In the ... Read more...
Posted in Business |
MSEs perform below capacity due to lack of funds and late payments
April 11th, 2010 - 12:51 pm ICT by IANS
New Delhi, April 11 (IANS) Paucity of funds and delayed payments have forced the Micro and Small Enterprises (MSEs) sector to perform below capacity, a study conducted by the industry lobby Assocham ... Read more...
Posted in Business |
Economy may grow close to 8 percent in fourth quarter: Assocham
March 28th, 2010 - 12:57 pm ICT by IANS
New Delhi, March 28 (IANS) The Indian economy could grow close to 8 percent in the last quarter of the current fiscal, while the overall growth for the year could be between ... Read more...
Posted in Business |
Birla Corp to lay off staff at vinoleum division
November 17th, 2009 - 7:06 pm ICT by IANS
Kolkata, Nov 17 (IANS) Birla Corp, the flagship company of the M.P. Birla group, has informed stock exchanges that a "layoff" would take place at its vinoleum division from Tuesday.
"Birla Corporation Ltd ... Read more...
Posted in Business |
CWC presents dividend cheque to Sharad Pawar
October 27th, 2009 - 2:06 pm ICT by ANI
New Delhi, Oct 27 (ANI); The Central Warehousing Corporation (CWC) presented a cheque of Rs. 11.22 crore as dividend for the year 2008-09 to Union Minister of Agriculture Sharad Pawar here today. ... Read more...
Posted in National |
India short by 10 mn tonnes of storage capacity: Assocham
August 17th, 2009 - 9:52 pm ICT by IANS
New Delhi, Aug 17 (IANS) India is short by 10 million tonnes of cold storage capacity due to which over 30 percent of agricultural produce goes waste every year, according to ... Read more...
Posted in Business |
GM bankruptcy may impact US steelmakers
June 2nd, 2009 - 2:28 pm ICT by IANS
By Arun Kumar
Washington, June 2 (IANS) The filing for bankruptcy by General Motors may have a major impact on the steel industry as the failed US auto giant owes four US ... Read more...
Posted in Business |
Textile industry slumps Tamil Nadu
November 26th, 2008 - 3:38 pm ICT by ANI
Coimbatore, Nov 26 (ANI): The capacity utilization of the textile industry in Tamil Nadu, hit by the ongoing slump in the demand in international markets and the acute power shortage, has ... Read more...
Posted in Life Style |
Reserve Bank’s monetary steps will slow economic growth: Industry
July 29th, 2008 - 6:07 pm ICT by IANS
New Delhi, July 29 (IANS) The hike in the cash reserve ratio (CRR) and repo rate could slow economic growth further and make credit more costly, India Inc. said Tuesday. "The tightening ... Read more...
Posted in Business |
Fertiliser units get top priority for Reliance gas
June 25th, 2008 - 9:06 pm ICT by IANS
New Delhi, June 25 (IANS) In a decision that impacts the supply of natural gas by Reliance Industries, the government Wednesday issued new guidelines for the commodity's sale, giving top priority to ... Read more...
Posted in Business |
Hinduja Foundries is back in dividend list
May 6th, 2008 - 10:07 pm ICT by admin
Chennai, May 6 (IANS) Hinduja Foundries Limited, formerly known as Ennore Foundries Limited, will pay equity dividend after a gap of 10 years. "The board has proposed 20 percent dividend for the ... Read more...
Posted in Business |
‘Indian ports need massive infrastructure for growth’
April 21st, 2008 - 11:24 pm ICT by admin
New Delhi, April 21 (IANS) Indian ports are in need of massive infrastructure development to handle the ever growing traffic, says a report published Monday by Ernst and Young, a leading consultant ... Read more...
Posted in Business |
Gujarat Ambuja’s maize processing plant begins production
March 31st, 2008 - 4:15 pm ICT by admin
Ahmedabad, March 31 (IANS) Gujarat Ambuja Exports Limited (GAEL), in which George Soros Quantum Fund has a 5.8 percent stake, announced here Monday that its maize processing plant in Uttarakhand has begun ... Read more...
Posted in Business |