Directorate General of Lighthouses & Lightships (DGLL) is primarily responsible for providing "Aids to Navigation service" for safety of mariners in the Indian waters.
Ankit Miglani, Director, Uttam Galva says the deal will reduce the manufacturing cost of hot-rolled coils.
Shipping firm Mercator Ltd reported a consolidated net loss of Rs 340 crore for the quarter ended December 31, 2012. The reasons for the loss as told to CNBC-TV18 by Prasad Patwardhan, CFO of the company was the subsidiary in Singapore.