The clarification followed previous assessments suggesting that the region could witness an exceptionally freezing November, primary due to the expected development of La Nina conditions, which typically bring colder winters to North India.
Many parts of Central India will witness above normal rainfall activity and there will be increase in precipitation in northwest India, the India Meteorological Department today said.
Steel safeguard duty on hot rolled coil (HRC) has brought fear among the importers but when compared price-to-price, imports are still more viable for long products, says GD Mundra, Sarda Energy.
A larger part of the country has has received excess/normal rainfall from June 1 to July 15, the India Meteorological Department on Thursday said.
A renewed thrust by Modi's Bharatiya Janata Party (BJP) to protect cows, worshipped by majority Hindus, has closed abattoirs in Maharashtra, making it hard for farmers to sell their animals, and restrictions are spreading to other states.
The group is looking at inorganic growth in a big way in India, preferably in central India, said Jamshed Naval Cooper, CEO & MD, HeidelbergCement India.
Dry weather to continue over northwest, central India
Heidelberg Cement India today decided to sell its 0.6 million tonnes per annum (mtpa) cement grinding facility in Raigad to JSW Group "as a going concern on slump sale basis" for an undisclosed sum.
Germany's HeidelbergCement on Monday said it has commissioned the final phase of its Rs 1,500-crore expansion project in India, taking its production to 6 million tonnes per annum (mtpa).
Thermax has bagged Rs 503 crore EPC order for a 3mntpa captive power plant in Central India, reports CNBC-TV18. At 09:32 hrs Thermax was quoting at Rs 629, up Rs 38.95, or 6.60%. It has touched a 52-week high of Rs 639.90.
In an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker; Ashish Guha, MD of Heidelberg spoke about the latest happenings in his company and sector.