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Author: admin (Infratructure Today)

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Villagers accept DC’s plea to repair road by ‘shramdan’

Villagers accept DC’s plea to repair road by ‘shramdan’

In Jharkhand, a janata durbar was held by the Hazaribag Deputy Commissioner Manish Ranjan on November 15 at the site on the 12-km stretch of the Barkagaon-Keredari-Tandwa road, connecting CCL's Piparwar coal mining project where hundreds of villagers were holding an agitation demanding construction and repair of the said road.

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Ring road to link Kolkata’s Sector V, Bantala

Ring road to link Kolkata’s Sector V, Bantala

Kolkata city's IT hub or Sector V, will soon be interlinked with Rajarhat-New Town and Bantala SEZ through new roads next year. So it is good news for motorists and techies who have a harrowing time while on their way to work in the IT hub.

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Minister calls for innovation among steel firms

Minister calls for innovation among steel firms

In order to cater to the varied demands of market and also to raise sales, Union Steel Minister Beni Prasad Verma asked steel companies to innovate and manufacture products that can be used in households. The minister said this after inaugurating the steel pavilion at the India International Trade Fare (IITF) 2012. This year’s theme for the pavilion was ‘Skilling India’ which depic

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ESL to tie up Rs 23 bn loan for steel project

ESL to tie up Rs 23 bn loan for steel project

For the purpose of long-term project funding, Electrosteel Steels (ESL) plans to raise Rs 2,300 crore through a debt syndication with a consortium of bankers led by State Bank of India (SBI) for its Bokaro steel project. The arm of Electrosteel Castings is in the process of implementing a 2.51 million tonne per annum (mn tpa) integ

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NMCC asked to probe import from China

NMCC asked to probe import from China

Following complaints from industry players, the Standard Board of Safeguards asked National Manufacturing Competitiveness Council (NMCC) to study the impact of import of raw materials for stainless steel products from China. NMCC is asked to study the impact of such imports on the competitiveness of the user industry of the product under consideration. The Board has also sought clarifi

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AOSF urges govt, miners to supply stocked ore

AOSF urges govt, miners to supply stocked ore

All Odisha Steel Federation (AOSF) urged the state government and miners to liquidate idle iron ore stock and thereby resolve what it claims the "artificial crisis of iron ore". AOSF claims that there is 100 million tonne (mn t) of iron ore stacked up at different mine leases in the state and even the Shah Commission of enquiry has drawn the attention of the government and mine owners on this

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High cost causes Tata Steel to post consolidated loss

High cost causes Tata Steel to post consolidated loss

For the quarter ending September 2012, the Tata Steel posted a consolidated net loss of Rs 363.9 crore
compared to a net profit of Rs 212 crore for the year-ago period. The company attributed losses to lower steel prices and higher raw material costs, coupled with the poor performance of its Europe division, Tata Steel Europe, whic