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Tata Chemicals rises on expansion plans

Friday 23rd Sep 2011 1259

Mumbai : Tata Chemicals has opened 1 percent higher at Rs 336 in otherwise extremely weak market after the company said its US subsidiary has tied up with FMC Corporation....

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L&T bags Rs 700 cr order from Omanese gas co

Thursday 22nd Sep 2011 1250

Mumbai : Engineering and construction major Larsen & Toubro's hydrocarbon division has bagged a Rs 700 crore contract from Petroleum Development Oman for setting up a 3-MMSCMD greenfield gas treatment plant.

The....

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SPV for Sindri revival in 2-3 months: SAIL

Thursday 22nd Sep 2011 1258

New Delhi : Steel Authority of India (SAIL) today said it was hopeful of creating a special purpose vehicle (SPV) for revival of the Sindri unit in two-three months at a cost....

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Steel Min wants 30% duty on iron ore exports

Friday 23rd Sep 2011 1254

New Delhi : Steel Minister Beni Prasad Verma today said he had written to the Finance Ministry urging to hike export duty on iron ore to 30 from the current 20 percent

We....

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Tata steel: Global concerns cloud near-term prospects

Friday 23rd Sep 2011 1252

Mumbai : The eurozone crisis could hurt the company’s performance in the next 2-3 quarters, but its move to enhance input security and raise domestic output would help profitability in the....

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NTPC to scale down 12th Plan capacity target to 66,000 MW

Wednesday 21st Sep 2011 1251

New Delhi : Non-availability of gas and land acquisition issues may force state-owned power utility NTPC to scale down its capacity addition target of 75,000 MW for the 12th Five-Year Plan to....

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Anti-dumping duty on morpholine chemical import

Thursday 22nd Sep 2011 1257

New Delhi : India has imposed anti-dumping duty of up to 0.81 dolar per kg on imports of a chemical, used in several industries including rubber and drugs, to protect domestic....

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Cement industry: Q2 earnings may be weak

Thursday 22nd Sep 2011 1253

Mumbai : Prices likely to remain volatile, as year-to-date demand is up only 3.5 per cent

Cement companies are unlikely to report strong earnings growth in the second quarter of FY12. While....

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ACC-Ambuja merger deferred indefinitely

Thursday 22nd Sep 2011 1260

Kolkata : Too many thorny issues, parent Holcim will take up matter later.

The merger of ACC and Ambuja Cements, the companies controlled by Holcim, the Swiss cement major, has been deferred....

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Coal India to invite bids for abandoned mines again

Wednesday 21st Sep 2011 1256

Kolkata : Coal India (CIL), the government’s near-monopoly producer, is planning to again try to interest major firms, here and abroad, into reviving some of its abandoned mines. Its first attempt,....

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