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Orissa state committee raps two steel companies

Mohan Sharma — Wed, 17 Aug 2011 05:44:31 +0000

ToI reported that Orissa state assembly standing committee has asked two steel companies Bhusan Steel and Energy Limited and BRG Iron and Steel Co to submit reports within three months on their status of recruitment, plantation, pollution control measures and peripheral development work in the

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CSC to set up joint laboratory with Rechi Precision

Mohan Sharma — Tue, 14 Sep 2010 05:26:32 +0000

After investing 5% of stocks of Rechi Precision Co Limited, China Steel Corporation signed a new contract for new joint laboratory building with Rechi on September 13th 2010.

The major purpose of this laboratory is to strengthen material supplement and build up motor technology. Instead of

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Vale business outlook

Mohan Sharma — Thu, 12 Aug 2010 06:48:32 +0000

Vale said that over the twelve month period ended at June 2010 global GDP ran at an above trend growth rate and industrial production recorded the largest gains since at least the early seventies. The rebound in global manufacturing activity, which has retraced a significant part of the peak

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PRACS completes over 250 assignments

Mohan Sharma — Wed, 11 Aug 2010 06:48:32 +0000

AFP reported that Pakistan Railways Advisory and Consultancy Services Limited has successfully completed over 250 assignments pertaining to Civil, Mechanical, Electrical, Commercial, Signal Engineering, telecommunication & Transportation disciplines including feasibility studies.

Mr Mahmood

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Multipurpose berth at Paradip Port Trust

Mohan Sharma — Fri, 30 Jul 2010 06:43:19 +0000

Mr G K Vasan minister of shipping said that Paradip Port Trust is developing a multipurpose berth to handle clean cargo including containers on Public Private Partnership basis at an estimated cost of INR 387.31 crores. The likely date of completion of the multipurpose berth is September

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Budget update – Sops for infrastructure projects – ASSOCHAM

Mohan Sharma — Tue, 30 Jun 2009 07:21:42 +0000

According to press release, the Associated Chambers of Commerce and Industry of India has urged finance minister to exempt Infrastructural Projects in Power, Roads, Ports, Oil & Gas and irrigation from levy of Excise, value added tax and central sales tax until such projects are

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BHEL bags order worth INR 170 crore

Mohan Sharma — Tue, 30 Jun 2009 07:09:12 +0000

Bharat Heavy Electricals Limited has secured a contract from Chennai Petroleum Corporation Limited for setting up an energy efficient and environment friendly co-generation power plant at its Manali Refinery.

Reposing confidence in BHEL’s capabilities, CPCL has placed an order worth

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L&T bags 6 orders worth INR 1230 crore

Mohan Sharma — Tue, 30 Jun 2009 07:08:11 +0000

Larsen & Toubro Limited has bagged six orders aggregating to Rs.1230 crore from the electrical projects in the domestic market. This includes four orders valued at INR 1031 crore for transmission line & railway construction, and two orders worth INR 199 crore for the construction of

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Indian scrap importers, traders and users – Free listing

Mohan Sharma — Tue, 30 Jun 2009 07:07:06 +0000

The Indian steel scrap market is quite defragmenter and not much information is available readily. We often get requests form our readers to provide such details.

To assist the players in the supply chain, we are preparing a directory containing the contact details of users, traders

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Budget update – FICCI calls for more customs duty on steel

Mohan Sharma — Tue, 30 Jun 2009 07:06:31 +0000

It is reported that a leading industry body has called for increasing customs duty on steel from 5% to 10% as consumption of local steel by domestic users was falling.

According to the Federation of Indian Chamber of Commerce and Industry, imported steel accounted for over 11% share of

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