PTI reported that Indian companies raised USD 4.29 billion from overseas markets in October,up from USD 2.77 billion in the previous month.The money was raised through external commercial borrowings and foreign currency convertible bonds. ...
Tags: India, PTI, Indian companies
Gold demand"revived"in India,Wall Street Journal reports-Gold Bullion Beverly Hills,California,United States of America.October 26,2012--A fall in gold prices over the past few weeks and the beginning of the peak festival season ...
Taiwan’s plastics machinery makers are worried about a 40 percent fall in their order books in India, one of their largest export markets, following this year’s sharp drop in the value of the Indian currency against the U.S. ...
Tags: Market View, Injection Machinery
Indian outsourcer Infosys blamed continuing global economic uncertainties for a slide in year-on-year revenue growth in U.S.dollar terms,which declined to 2.9%for the third quarter,from 16.7%a year earlier. "It's still very choppy out ...
Tags: Indian outsourcer, Infosys, global economic uncertainties, net profit
Tough times seem to be looming on the Sri Lankan garment sector as European Commission(EC)has forewarned of a further decline in value of Sri Lankan rupee in terms of US dollar. Additionally,the Sri Lankan garment exports have now started ...
Tags: rupee, EC, garment sector
Indian wool item producers have urged the Centre to hike comprehensive duty drawback rates by minimum five percent. The rate of duty drawback, meaning refund of import duty on raw material, presently fluctuates between 4 percent to 10 ...
Tags: WWEPC, wool, wool blended, textile
Islamabad: Pakistan cut interest rates by a greater-than-forecast 1.5 percentage points, seeking to bolster faltering growth with the first reduction since 2011 after inflation slowed to a more than two-year low. The State Bank of Pakistan ...
Tags: market view, cement
Three of the four top cement players that have so far reported results for the March 2012 quarter, have recorded higher operating profit margins year-on-year. Some have improved it sequentially, too, helped by higher realisations. At Rs ...
Tags: market view, cement
Ex-factory price of one cement bag was Rs179 in the year 2000-01, and now it stands at Rs370. Despite the rapid increase in input costs, cement prices increased only by Rs139 per bag. The compounded annual growth rate of cement prices was ...
Tags: market view, cement, price
SKF India net sales crosses INR 24 billion; FY11 revenues grow by 17% The Board of Directors of SKF India Limited, India's leading technology and solutions provider of bearings, seals and related products and services, today approved the ...
Tags: Market View, bearing
Cement manufacturers are ruing the decision to increase capacity, as the cement consumption remained stagnant in past four years. The exports are also on constant decline forcing the sector to operate at 69 percent installed capacity. A ...
Tags: market view, cement, consumption
Steel demand worldwide is growing slower than forecast, eroding profit at producers including ArcelorMittal and Tata Steel Ltd. (TATA) and forcing investors to revise their 2012 outlook for the $430 billion industry. Global use of the alloy ...
Tags: Market View, steel, raw material
Asian stocks rose, with a regional benchmark index headed for its biggest monthly rally since September 2010, as Greek Prime Minister Lucas Papademos said major progress was made in debt-swap talks and Japan’s industrial production ...
Tags: market view, factory robots
Lighting companies, Philips, Havells and Bajaj Electricals, have increased the prices of CFL (compact fluorescent lamp) bulbs by up to 15% due to soaring prices of key raw material — rare earth element — after the Chinese cut ...
Tags: Market View, cfl
Lighting companies, Philips, Havells and Bajaj Electricals, have increased the prices of CFL (compact fluorescent lamp) bulbs by up to 15% due to soaring prices of key raw material — rare earth element — after the Chinese cut ...
Tags: cfl