Business Standard reported that Unitech Corporate Parks Plc, the real estate investment company listed on London’s Alternative Investment Market in which developer Unitech Ltd holds a 40% stake, has decided to put one of its largest ...
Tags: Unitech Corporate Parks, Gurgaon property, real estate, economic zone
Mr Beni Prasad Verma the minister of Steel said that the process of expansion of Visakhapatnam Steel Plant’s production capacity to 6.3 million tonne per annum against original capacity of 3 million tonne per annum of liquid steel is ...
Tags: Beni, Verma, Steel, expansion, Visakhapatnam Steel Plant
Times of India reported that Visakhapatnam Port Trust is facing rough weather due to the ongoing global downturn.A significant decline in overall cargo handling at VPT is on the horizon this fiscal thanks to a steep decline in handling of ...
Tags: Times of India, Visakhapatnam, VPT, iron ore exports
Straits Resources is on track to reach full year production guidance of up to 100,000 ounces of gold equivalent for its Mt Muro gold project in Indonesia despite minor operational issues. It is also targeting production of 25,000 tonnes of ...
Tags: Straits Resources, Resources, gold equivalent, gold, copper production
Sharp has been bailed out by the banks to the tune of $4.6bn. Mizuho Corporate Bank and the Bank of Tokyo-Mitsubishi are to put up $2.3bn in loans and extend a $2.3bn revolving credit facility. Sharp has debts of $12.76bn, of which ...
Tags: Sharp, Mizuho Corporate Bank, collateral, debts, lay off
Sumeet Industries Ltd has informed that the Board of Directors of the Company at its meeting held on October 08, 2012, has taken place the following business: 1. Funds Raising Program The Company has recently completed its 180.00 Crores ...
Tags: Sumeet Industries, Board of Directors, meeting, Funds Raising Program
Economic Times cited a top industry official as saying that the country is likely to import around 15 million tonnes of iron ore this financial year following the virtual halt of mining operations in different parts of the country. Mr ...
Tags: iron ore, mining operations, Federation of Indian Mineral Industries
Stating that the worst is over for the Indian economy, financial major Citigroup said the country is likely to clock a growth rate of 5.4% in 2012-13 fiscal year. Citigroup in a research report said that "Going forward, while we maintain ...
Tags: indian economy, fiscal year, GDP
In the midst of a gloomy GDP growth scenario, an ASSOCHAM business confidence survey has indicated that the slowdown is about to bottom out, but it may get a little worse before it gets better in the last quarter of the current financial ...
Tags: GDP, current financial year, business confidence survey
Business Standard reported that according to the Sponge Iron Manufacturers Association, the recent clamp down on miners by the Odisha government is likely to affect India’s sponge iron production by around 15% in the current financial ...
Tags: Sponge Iron Manufacturers Association, India, iron production, iron
Poundland, the UK-based single price value retailer, has booked an increase in full-year profits as value-conscious shoppers continued to visit its stores. In the 53 weeks ended 1 April, EBTIDA climbed 26.5% to GBP40.1m (US$62.9m), while ...
Tags: profits, retailer, Pound land, Turnover
UK cash-and-carry retailer Booker has reported a 27% rise in annual profits, boosted by higher sales, improved margins and an extra week of trading. The company said today that post-tax profit increased to GBP74.9m (US$117.4m) in the 53 ...
ET reported that state owned aluminium producer Nalco has funded many educational institutions as part of its corporate social responsibility but no financial assistance has been given to any private university. Mr Dinsha Patel mines ...
UK-based packaging firm Northern Paper Board has announced plans for a £2m plus investment and development program. The company has committed £500,000 to new automated machinery and technology over the next four months. ...
Piramal Glass Ceylon PLC (PGC) has announced its 1st half year results for the Financial Year 2012-13 with an 8 % growth in turnover from Rs. 2,385 million in FY12 to Rs. 2,592 in FY13 & a marginal growth of 9 % in PAT from Rs. 384 million ...