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    • Expect 15% jump in capacity utilisation in FY18: Welspun Corp

      Expect 15% jump in capacity utilisation in FY18: Welspun Corp

      In an interview to CNBC-TV18, Vipul Mathur, MD & CEO of Welspun Corp spoke about the latest happenings in the company and gave his outlook for the future.

    • Minimum import price to help; impact yet to be realised: Welspun

      Minimum import price to help; impact yet to be realised: Welspun

      Welspun Corp bagged an order worth 200,000 MTs pipes offshore project on the back of which the company‘s orderbook went up to Rs 6500 crore from Rs 4500 crore.

    • Merged Welspun Proj to be profitable in FY15: MD Garg

      Merged Welspun Proj to be profitable in FY15: MD Garg

      The company has merged Welspun Enterprises, Welspun Infratech, Welspun Plastics, Welspun Infra Projects and Welspun Projects on the recommnetdation of its audit committee.

    • To bring net debt below Rs 1000cr in 3 years: Welspun

      To bring net debt below Rs 1000cr in 3 years: Welspun

      Akhil Jindal, Director of Welspun Group denies the ban to raise money from the capital market. The net debt is currently at Rs 2,500 crore against their networth of Rs 5,000 crore. They aim to bring it down to below Rs 1,000 crore in 3 years which is at .23 of debt equity levels and that is quite comfortable.

    • Transaction with Apollo likely to complete by Aug: Welspun

      Transaction with Apollo likely to complete by Aug: Welspun

      Welspun Group will be recieving capital infusion of USD 500 million from PE Apollo Global Management to expand its presence in the global oil and gas pipe market.

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