Indian steel giant Tata Steel said that its Jamshedpur integrated work will start to run full production in this quarter. The new capacity will increased to 9.7 million tpy from currnet 6 million tpy. The expansion was mainly in ...
Tags: Tata Steel, India, steel market
Tata Motors has launched the new Vista D90 hatchback in India that is powered by the Quadrajet diesel engine with variable geometry turbocharger (VGT). The 1.3L diesel engine paired to Euro-tech 2 gearbox generates output of 90ps ...
Tags: Tata Motors, Vista D90 hatchback, India
The auto industry has a very confusing family tree. The past few years have seen partnerships, sales, separations, bankruptcies, and entire divisions killed off, making it difficult to keep up with who owns which car brands. As automakers ...
Tags: auto industry, car brands, BMW
Wipro's fourth-quarter IT services revenue grew 4.8% year on year, reflecting an overall recovery in offshoring to India. The Indian outsourcer said Friday revenue from IT services in the quarter was $1.58 billion, as its customers ...
Tags: IT service, Wipro, India
The Indian Paint Association (IPA) recently hosted the 26th Indian Paint Conference in Mumbai. The theme for this year’s conference was Coating 2020 – Future Redefined. In order to have a better understanding of the paint ...
Tags: IPA, paint market, 2017
As previously communicated, in the face of increasingly difficult domestic trading conditions for its soda ash business, Penrice Soda Holdings Limited has been conducting a strategic review of its entire chemicals business to improve its ...
Tags: Penrice, JV, Soda Ash Distributor
Nokia is planning to transfer up to 820 employees to HCL Technologies and Tata Consultancy Services and lay off up to 300 people as the company reorganizes its IT organization. The goal is to reduce operating costs and create an IT ...
Changes in the competitive smartphone market look set to cost more UK jobs as smartphone producer Nokia and telecommunications provider Everything Everywhere (EE) both announce a programme of cuts. Nokia outlined plans to cut over ...
Tags: smartphone market, Nokia, telecommunications
Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering. The business momentum is expected to continue in 2013, as customers invest in more efficient ...
Tags: Consultancy Services, Tata, outsource
Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses. Revenue for the quarter was $1.9 billion, up 5.8% from the same quarter last year, helped by the company's ...
Tags: Infosys, revenue, acquisition, Lodestone Holding
Indian steel giant Tata Steel forecasted that its sales would rise in the fiscal year 2013/14 (during April 1st, 2013 through March 31st, 2014), stimulated by increased demand. It’s learned that steel demand from India and Europe ...
Tags: India, steel giant Tata Steel, fiscal year
(Nigeria) -- Nigeria’s Minister of Trade and Investment, Olusegun Aganga, has disclosed that a new policy will soon be effected as part of the country’s cement sector’s Backward Integration Policy (BIP). According to ...
Tags: Nigeria, Cement, Backward Integration Policy, Construction
Business Line reported that feasibility study for the TATA Steel backed iron ore projects in North Eastern Canada is running behind schedule. TATA Steel and its strategic partner New Millennium Iron Corporation, have granted additional time ...
Tags: TATA Steel, Iron Ore, Mineral, Metallurgy
Business Line reported that TATA Power Company Ltd’s wholly owned subsidiary Coastal Gujarat Power Ltd has discontinued supply to the distributing companies of Rajasthan from its 4,000 MW ultra mega power project at Mundra, Gujarat, ...
Tags: TATA Power, TATA, power, fuel
Global steel production will fall over the next 12 months because of current overcapacity and the slowdown in the Chinese economy says Coface. The experts in assessing business sector credit risks have published a report on the challenges ...
Tags: steel sector, steel, steel production, steel industry