Will start production in Chalisgaon over the next few weeks and big orders will executed from this plant, says ML Mittal, MD of Bharat Wire Ropes.
Oil prices have fallen almost 60 percent since June, partly because OPEC in November decided against cutting output to retain market share against rival suppliers. The rout has put forecasts for the boom in US output in the spotlight.
Watch the interview of Richard Mallinson, Geopolitical Analyst of Energy Aspects with Menaka Doshi on CNBC-TV18. He gives his take on the OPEC decision and the big fall in prices that we have seen currently.
N Srinivasan, Vice-Chairman and Managing Director, India Cements, said, â€œWe have performed slightly better than last quarter. EBIDTA has gone up to Rs 146 crores, our volumes are slightly lower but that is because the market was sluggish. With the busy season starting, we hope demand picks upâ€
The most sensible way to look at the narrowing trade deficit â€“ USD 6.7 billion last month- is that Mr Market has begun his good work. If at all it calls for more policy action, it is this: give Mr Market more time and space to work.
International package consolidation and shipping company MyUS.com recognized as the first and largest company in its industry, today announced a 20% cut in shipping rates, making it even easier for international customers to buy products from US merchants.
Jindal Steel and Power will start exporting iron ore concentrate from Bolivia's El Mutun mine in March, a company spokesman said on Wednesday.