As per the national steel policy the government of India has targeted 300 MT steel capacity by 2030. However, high input cost, rising debt have posed a major challenge before the industry. The steel industry is actively working on several fronts to resolve the issues says Dr. Aruna Sharma, union Read More
Bhubaneswar: The global steel demand and prices has seen a recovery in 2017 and the trend is expected to continue in the coming year also. India has become the third largest producer of steel and also become a net exporter of the metal, said T V Narendran- CEO and Managing Read More
Mumbai : Reliance Jio Infocomm Limited (“RJIL”), a subsidiary of Mukesh Ambani controlled Reliance Industries Limited (“RIL”), today announced signing of definitive agreement for the acquisition of specified assets of Reliance Communications Limited (“RCOM”) and its affiliates.
An asset monetization process for RCOM assets was mandated by the lenders of RCOM,who Read More
Bhubaneswar: Indian Railway finance Corporation ( IRFC) an SPV under the Indian Railways is planning to hit the Indian equity market by the 1st quarter of the next fiscal through an Initial Public Offer (IPO). Through the IPO the PSU plans to raise abut Rs. 1000 Crore by offloading 15% Read More
- Nitin Seth, President, Ashok Leyland
Keeping its view on the upgraded pollution norms, leading Indian Commercial Vehicle Maker and Hinduja group Flagship Company Ashok Leyland group is lining up Rs. 400 Crore investment in the next 2 years for new product development in compliance with the Euro-VI standards. The company Read More
Defying turbulent economic environments, the Paradip Port has been able to sustain its impressive growth rate for the last several years and it is now counted among the top performing Port in the Country. In the first Quarter of the current fiscal, the Port has outpaced all other major ports Read More