Business Line reported that Visa Steel Ltd will close the INR 368 crore transaction with SunCoke Energy Inc for 49% stake in Visa Coke Ltd, its wholly owned subsidiary by January end. Mr Vishal Agarwal CMD of Visa Steel said that the deal ...
Tags: Business Line, Visa Steel, SunCoke Energy, wholly owned subsidiary
Business Standard reported that KIOCL Ltd has evinced interest in setting up a pellet plant in Odisha, to tap huge amount of unsold fines of Odisha Mining Corporation. Mr Malay Chatterjee CMD of KIOCL said that "The setting up of pellet ...
Tags: pellet plant, unsold fines, Odisha Mining Corporation, steel makers
BS reported that the National Aluminium Company has heaved a sigh of relief with Supreme Court condoning the delay in submission of its forest diversion proposal for renewal of bauxite mine lease. With this, the hurdles in the path of ...
The president of the Cameroon Mr Paul Biya has granted audience to an Indian business magnet Mr Naveen Jindal CMD of of Jindal Steel and Power Limited. Mr Jidnal was heading a delegation of three in Cameroon to express readiness to invest ...
Tags: cameroon news, iron ore price news, steel pipes, mtn cameroon
PTI reported that Jindal Steel and Power expects to start supplying coal from its Mozambique cearly next year. Mr Naveen Jindal CMD of JSPL on the sidelines of a function said that “We were scouting for mines in Mozambique five to ...
Tags: Jindal Steel and Power, steel, power, mine
BS reported that after the shutdown of Vedanta Aluminium’s one million tonne alumina refinery at Lanjigarh on December 5th 2012 the Odisha government seems to have woken up, albeit belatedly to the raw material crisis that has ...
Tags: Vedanta Aluminium, tonne alumina, raw material, steel, mines
Business Line reported that with car makers ramping up exports, Ennore port is expected to reach full capacity in 2 years. According to Mr SP Velumani CMD of Ennore Port Ltd, the port shipped 1.04 lakh cars last year. This year, it will ...
Tags: car exports, import export india, units conversion, capacity
Business Line reported that MSTC Ltd is setting up INR 120 crore automotive and white goods steel scrap shredding unit at Dahej in Gujarat. For installing the unit, to be built on a 20 acre plot, selection of an EPC contractor would be ...
Tags: inferior steel making, white goods steel, auto grade steel
PTI reported that tractor maker Indo Farm Equipment is eyeing to double tractor exports in current fiscal by expanding its overseas market to Eastern European countries and South America with a range of high-powered capacity tractors. Mr ...
Tags: farm equipment, tractor equipment, tractor prices, tafe tractor
Gulf LPG Transport Company, a Qatari liquefied petroleum gas shipping company owned jointly by Milaha and Nakilat has secured financing amounting to USD 200 million from Qatar National Bank in a deal brokered by Nakilat, Qatar's premier gas ...
Business Line cited Mr Y Sivasagara Rao former CMD of the Visakhaptnam Steel Plant as saying that hydrated lime industry has immense investment potential in the country as the steel industry is set for a boom and it is one of the key raw ...
Tags: buy steel pipe, iron ore demand, recycling steel, one steel
Economic Times reported that HMT Ltd has plans to invest INR 200 crore for expanding tractors capacity, engine production and roll out premium watches as part of its strategy to reach INR 3,000 crore of turnover in the next 5 years. The ...
Tags: Economic Times, HMT Ltd, tractors capacity, engine production
NTPC Vidyut Vyapar Nigam Ltd.,a wholly owned subsidiary of NTPC Limited has completed 10 years of establishment. On this occasion Mr Arup Roy Choudhury CMD,NTPC&chairman,NVVN along with Directors of NTPC/NVVN and senior officials from ...
Tags: NTPC, electricity market, power trading, Vidyut Vyapar Nigam
In a special award ceremony organized,continuing the noble initiative like every year,the POSCO TJ Park Foundation Scholarship has been awarded to meritorious students of BPUT and KIIT University. This year,5 students each from BPUT and ...
Tags: POSCO TJ Park, Scholarship, BPUT, KIIT
Mr Arup Roy Chowdhury CMD of NTPC on the sidelines of PanIIT 2012 as saying that the West Bengal government to sort out land and coal linkage issues for the proposed(800xNTPC Ltd is engaged in discussion with 2)1,600 MW power plant at Katwa ...
Tags: NTPC, sort out land, coal linkage, Katwa project