According to the well informed sources,Pakistan Steel Mills is likely to seek a third bailout package of PKR 6 billion to pay interest on loans of two previous bailout packages. This proposal was discussed at a meeting of Board of ...
The Olympics media centre looks set to become a datacentre after the Games, with technology company iCITY one of two remaining bidders for the legacy of the site. The company's bid would turn the building into a cloud computing centre and ...
Tags: Olympics, media centre, datacentre
Bhuwalka Steel Industries Ltd has informed BSE that the Company’s application for restructuring of its bank borrowings under Corporate Debt Restructuring with CDR Cell and bank lenders viz, Canara Bank and IDBI Bank Ltd, has been ...
Tags: Bhuwalka Steel, Steel, BSE, Board meeting
THE Australian sharemarket finished on a 16-month closing high as progress with the US fiscal cliff negotiations led to across the board gains for local stocks. At the close,the benchmark S&P/ASX200 index was up 21.8 points,or 0.48 per ...
AUSTRALIAN stocks are expected to start the last full trading week before Christmas on a cautious note amid ongoing negotiations over the looming US budget deadline. Futures trading was pointing to a weak start on the local market today, ...
Tags: Markets Struggle, Fiscal Cliff, US budget
ccdirector & group CFO of JSPL said that a number of companies are coming out with initial public offers but, JSPL at the moment does not have any plans to list Jindal Power in the near term. He added that they have provided all the ...
Tags: JSPL, Jindal Power, mining operation, mining
Goa state pollution control board has decided to return all applications seeking renewal of consent to operate filed by mining lease holders and other parties,as the iron ore industry has come to a grinding halt after the Supreme Court ...
Tags: mining activity, pollution control, iron ore, Goa
Visa Steel, which went into a corporate debt restructuring program 2 months ago, might try to bring in a strategic investor in its core long steel business. Mr Vishal Agarwal MD of Visa Steel said that "In the special steel business, we ...
Tags: Visa Steel, core long steel, steel business, raw material
Posted by Rick Lingle, Technical Editor -- Packaging Digest, 12/5/2012 2:29:57 PM The World Packaging Organization (WPO) signed a cooperative agreement at the end of November 2012 with Ipack-Ima Spa to support and promote the exhibitions ...
Tags: WPO, Ipack-Ima Spa, packaging culture
US egg firm Cal-Maine Foods has given its chairman Fred Adams emeritus status following his decision to step down from the role for health reasons. Cal-Maine said Adams will be named chairman emeritus in recognition of his long service ...
Tags: egg Foods, egg, Cal-Maine Foods, emeritus status
The Nova Paint Club has elected Michael Dayan, CEO of Tambour, Israel's leading paint company, to be its new president, replacing Joao Serrenho of CIN Group. The Nova Paint Club, which has ten member companies operating in 80 countries, ...
Tags: Nova Paint Club, new president, conference, Germany
PinguinLutosa,the Belgian producer of frozen vegetables,has announced that it has received unsolicited non-binding offers for its potato unit. The potato business was acquired by PinguinLutosa for€175m in cash. The company noted ...
Tags: frozen vegetables, potato, acquire
Business Line reported that NMDC Ltd may turn its over INR 15,500 crore steelmaking project in Chhattisgarh into a joint venture with Rashtriya Ispat Nigam Ltd. Sources in the steel ministry said that on finance ministry’s ...
Tags: Nmdc Rinl, steelmaking project, steel, India
SDK and TS Opto concluded an absorption-type company split agreement. (Since this is a case of "simplified absorption-type company split" involving SDK and its wholly owned subsidiary, part of the details are omitted from the scope of ...
Tags: SDK, TS Opto, GaN LED business, LED
Tokyo-based chemical manufacturer Showa Denko K.K. (SDK) has announced to split off and transfer its GaN LED epitaxial wafer and chip production business to its subsidiary TS Opto Co Ltd (which was founded at the end of September at SDK's ...
Tags: LED