Building on the success of the last edition of Texcon 2012, organised in association with Ministry of Textiles, Confederation of Indian Industry (CII) North Zone is organizing the second edition of its flagship event on textiles & apparel ...
Tags: Seminar, Textile Sector
The sudden fall in gold prices recently has proved to be a boon to the jewellers as consumers pan India went on buying spree and as a result jewellery sales saw a huge increase of 40 to 50%, as we normally see during Akshay Tritiya and Dhan ...
Tags: Apparel, Jewellery Industry, Accessories
Pursuant to extension of its well-known brands, Gitanjali Group, an Indian retailer of branded jewellery, which has recently entered into the apparel space, intends to set up around 200-300 sales points pan India by end of this year. ...
Tags: Gitanjali Group, Apparel, Apparel Expansion
PTI reported that EPC firm Tecpro Systems has got a INR 267.3 crore order from an NTPC subsidiary for supply of the entire coal handling plant package for its Muzaffarpur plant. The Gurgaon-based firm said that the company has received an ...
Tags: Tecpro System, coal handling plant, Thermal Power Project
Business Standard reported that Visakhapatnam Steel Plant is setting up a 240MW captive power plant to meet its future power requirements. Currently, it has a coal based power plant about 18 MW to run the 3 million tonne capacity steel ...
Tags: RINL, Power Plant, Metallurgy
Economic Times reported that just days after the state auditor faulted it for not having a specific strategy to acquire mines abroad, India's largest iron ore producer NMDC, which is sitting on a big cash hoard, it is not in any rush to buy ...
Tags: mining, India, NMDC, iron ore, foreign mineral assets
Business Standard reported that the state owned Odisha Mining Corporation, a minority shareholder in the MMTC managed Neelachal Ispat Nigam Ltd, proposes to buyout shares of another state company, Industrial Promotion and Investment ...
Tags: Odisha Mining Corporation, mining, iron ore mines, steel plants
Business Standard reported that state controlled miner Odisha Mining Corporation will submit a fresh application for mining lease of Karlapat bauxite deposits after completing due verification of forest and non-forest land and quantum of ...
Tags: OMC, Karlapat bauxite, Kalahandi
Business Standard reported that with the conventional energy projects unable to address the power crisis, 2012 saw the emergence of renewable energy in a big way. The state government announced a new solar policy with a target to set up ...
Tags: energy, solar policy, power shortage, energy industry
In an interview with ET Now,Mr CS Verma CMD of NMDC,shares his business outlook and talks about the iron ore price cut. Q-There is a surprise move because the street was probably expecting a rise in prices.Why this 6%cut? A-We take a ...
Business Line quoted auto components manufacturer,Uno Minda of NK Minda Group and AMS of Korea as saying that the companies are entering into a technical license agreement for design,manufacture and sale of automotive lamps in India. ...
Tags: Automotive, Lamps, in India
PTI cited Mr SK Goel CMD of IIFCL as saying that India Infrastructure Finance Company Limited has negotiated a second line of credit of USD 1.2 billion from Asian Development Bank for spending in various sectors. Mr Geol said that"We have ...
Tags: IIFCL, government, USD, credit line
Business Line reported that the India’s infrastructure players are passing through a tough phase as this year comes to an end. They expect a turnaround early next year as the Government seeks to fix sector concerns with reforms. ...
Tags: India, infrastructure, reform, roads projects
PTI reported that Rashtriya Ispat Nigam,NMDC and MOIL,under the Steel Ministry,are looking to acquire iron ore assets in Brazil,the world's second largest exporter of the steel making raw material. A source said that NMDC had already ...
Tags: Acquire Iron, Brazil, Energy
DNA reported that in complete contravention of guidelines requiring a mandatory clearance from the Chief Vigilance Commission for appointments or extensions of board-level executives in public sector companies, the ministry of mines has ...
Tags: Chief Vigilance Commission, ministry of mines, mining, minerals