Indian miner Vedanta Resources has announced its financial results for the fiscal year 2012-13 ended on March 31. Vedanta's profit after tax increased by 35.6 percent to $1.66 billion compared to the previous financial year, while the ...
Tags: Iron Ore Mining, Metallurgy, Mineral&Energy, Karnataka
Reportedly, Nippon Steel & Sumitomo Metal Corp. (NSSMC), the second largest steelmaker in Japan released its financial result for the fiscal year 2012/13 ended on March 31st. NSSMC posted a net loss of 124.6 billion for the fiscal year ...
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
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
Indian apparel industry is expecting positive growth in the coming years mainly due to the removal of excise duty on branded garments and madeups along with expected revival of overall economy. A report released by Care Research, a ...
Tags: Apparel Sector, Apparel
Chinese telecom equipment and network solution provider Huawei Technologies Co., Ltd. will not debut on the stock market within five to ten years. The Shenzhen-based firm was brought under the limelight owning to problems regarding to ...
Tags: Computer Products, Electrical, Electronics
Chinese construction machinery maker Sany Heavy Industry Co., Ltd. (SHSE: 600031) has begun benefiting from a foray into markets overseas. It released financial results for the fiscal year 2012 on April 26 and according to the results, ...
US-based Hain Celestial has acquired of Ella's Kitchen, a manufacturer and distributor of organic baby food, for an undisclosed amount. The company has also formed a Global Infant, Toddler & Kids Division under Hain Celestial US. Ella's ...
Tags: Hain Celestial, Ella's Kitchen
According to forecast made by the Japan Iron and Steel Federation (JISF), Japan’s steel production is expected to rise further in the fiscal year 2013/14 (during April 1st through March 31st, 2014), driven by depreciated Japanese Yen ...
Tags: Steel Production, Steel
General Mills released on April 30 its 2013 Global Responsibility Report, which outlines the company's progress and commitments in the areas of health, environment, sourcing, workplace and community engagement. "Through our products, we ...
Tags: General Mills, Packaging
During the first eleven months of fiscal year 2012-13, India exported textiles worth US$ 28.4 billion, much below the target of US$ 39.6 billion set for the entire fiscal. In a written reply to the Lok Sabha, the lower house of Indian ...
Tags: Textile Exports, Textile
It’s reported that Indian miner Sesa Goa launched its financial result for the fourth quarter and the fiscal year 2012/13 ended on March 31st. Sesa Goa posted a net profit of INR2.98 billion for the fourth quarter of this year, ...
Tags: Sesa Goa, Net Profits
Japan’s Kobe Steel launched its financial result for the fiscal year 2012/13 ended on March 31st. The company posted a net loss of ¥27 billion for the fiscal year 2012/13, in comparison of a net loss of ¥14.24 billion in a ...
Tags: Kobe Steel, Mineral
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2012-13 ended March 31. For the given period, Kobe Steel reported a net loss of JPY 27 billion ($275.7 million), compared to a net loss of JPY ...
Tags: Kobe Steel, Net Loss
Chinese coal miners plan to lobby concerned authorities to release tariff policies to restrict coal import of the nation. People in the know said in an interview on April 17 that coal miners in the market planned to lobby concerned ...
Tags: Coal, Metallurgy, Mineral, Energy