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Diamines & Chemicals soars on fixing record date for bonus issue

Wednesday 13th Jul 2011 1244

Mumbai : Diamines & Chemicals has soared 8% at Rs 115 after the company fixed July 21, as record date for purpose of bonus issue and final dividend.

The board of directors....

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AVR Valves to raise Rs 100 crore via IPO

Wednesday 13th Jul 2011 1251

Mumbai : Rajkot-based vales maker, AVR Valves Private Limited is planning to raise Rs 100 crore through the initial public offering (IPO) during the current financial year.

The company plans to setup....

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Readymade Steel lists at premium on the BSE

Wednesday 13th Jul 2011 1253

Mumbai : Readymade Steel India has debuted at Rs 115, a 6% premium against its issue price of Rs 108 per share on the Bombay Stock Exchange (BSE). The stock is....

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Mumbai : CERC has approved setting up of nine high speed transmission corridors at a cost of Rs 58,100 crore, which significantly improves the company’s business visibility. Nine high speed transmission....

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Steel industry plans Rs 8,000 cr investment on pelletisation

Tuesday 12th Jul 2011 1426

Mumbai : To address the several restrictions on iron ore exports, many mining and steel companies have decided to invest in the processing of low-grade iron ore into pellets, the processed....

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Tata Steel targets 20% market share by 2020

Tuesday 12th Jul 2011 1247

Mumbai : To lift per capita consumption from the present low of about 50 kg to at least 200 kg.

The mineral-rich states in the country will not be doing any service....

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Lafarge eyes Meghalaya firm to cement India plan

Tuesday 12th Jul 2011 1256

Mumbai : In talks with Star Cement; deal size may be Rs 1,000-1,200 crore.

Lafarge India is in talks with the promoters of Meghalaya-based Star Cement for a majority stake in the....

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Indo Asian Fusegear gains on board nod for share buyback

Monday 11th Jul 2011 1240

Mumbai : Indo Asian Fusegear is trading 4% higher at Rs 82 after the board of directors of the company approved the buyback of the company’s equity shares at a maximum....

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Patkar backs Posco fight in Karnataka

Monday 11th Jul 2011 1254

Halligudi : Social activist Medha Patkar has extended her support to the farmers opposing land acquisition in Karnataka’s Gadag district, where Korean company Posco proposes to set up a steel plant.

“My....

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Metals & Mining: Bills to be paid

Monday 11th Jul 2011 1244

Mumbai : While the draft Bill may resolve some of the sticky issues, the profitability of mining companies will take a hit in the short term.

From the look of it, the....

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