India-based steelmaker Tata Steel is planning to begin production from one of its iron ore projects in Canada by the end of the current year, according to India's news agency Press Trust of India (PTI). This is expected to improve raw ...
Tags: Tata Steel, Iron Ore
Indian automobile manufacturer Tata Motors has launched the new Vista D90 hatchback in Nepal that is powered by Quadrajet diesel engine with variable geometry turbocharger (VGT) technology. The 1.3L diesel engine mated to Euro-tech 2 ...
Tags: Tata Motors, Vista D90
Indian steel giant Tata Steel has announced that it expects to register an impairment charge of $1.6 billion for the financial year ended March 31, 2013, as a result of its review for the period in question. The company attributed the ...
Tags: Tata Steel, Mineral
India's finished steel consumption was up 3.5 percent to 5.6 million mt in April of the current year, compared to the 5.4 million mt recorded in the same month last year, according to provisional estimates released by the Joint Plant ...
Tags: Finished Steel, Mineral
Within the U.S. Senate's comprehensive immigration bill is a proposal to create a database that may shed new light on H-1B hiring. The intent of the database is to help improve the odds that a U.S. worker may get hired over a foreign ...
Tags: Computer Products, software
Several global players in the fashion and apparel retail sector, including Tesco, IKEA, Walmart and Hennes & Mauritz group (H&M), are planning to expand their business to India through the foreign direct investment route. Recently, ...
Tags: apparel retailers, Apparel
Indian media reports said that Huawei Technologies will spend USD 150 million in building up a new R&D center in Bangalore. The Chinese telecom equipment supplier has 6,000 employees in India, including nearly 2,500 engaged in research ...
Tags: Huawei, R&D Center
It is reported that Korean Posco announced to set up a new coil service center in India's northern state of Haryana. The new coil center will be able to meet the demand for car makers such as Maruti Suzuki India and Tata Motors. Meanwhile, ...
Tags: steel, Metallurgy, Mineral, Energy
On Tuesday, Insteel Wire Products Co. and Davis Wire Group filed an antidumping (AD) petition against prestressed concrete (PC) steel rail tie wire from China, Mexico, and Thailand. The product covered by the petitions is high-carbon ...
Tags: Insteel, PC Steel Rail
Australia-based miner Northern Iron has announced that in the quarter ended on March 31 it achieved a record iron ore output, producing 4.96 million mt from its Bjornevatn and Kjellmannsasen mines in Norway, up 12 percent compared to the ...
Tags: Northern Iron, Iron Ore Production
Reportedly, Fitch Rating has affirmed the long-term Foreign Currency Issuer Default Rating of Tata Steel Limited as "BB+." Tata Steel UK Holding is also affirmed "B+" that reflects the negative outlook for the Indian based steel maker. Tata ...
Tags: steel, Metallurgy, Mineral, Energy
Tata Power's Trust Energy Resources achieves a significant milestone Wednesday, Apr 17, 2013 Singapore's Minister for Transport, Lui Tuck Yew, conferred the prestigious Approved International Shipping (AIS) award to Trust Energy Resources ...
Tags: Service, Transportation
India-based Tata Steel has announced that it will merge Tata Metaliks Limited (TML), India's largest producer of foundry grade pig iron, and the ductile iron pipes joint venture called Tata Metaliks Kubota Pipes Limited with itself. ...
Tags: Tata Metaliks, Tata Steel
International credit ratings agency Fitch Ratings has affirmed the credit rating of the Indian steel giant Tata Steel Limited at BB+, while the outlook remains negative. The negative outlook continues to reflect Fitch's expectations of ...
Tags: Fitch Affirms, Tata Steel
Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by staff salary increases, and investments and acquisitions by the company in new technology areas and markets. The ...
Tags: Infosys, Computer Products