Kolkata-based loss-making Visa Steel has said that the lenders of the company in its Joint Lenders Forum (JLF) meeting held on September 22 have decided to invoke Strategic Debt Restructuring (SDR).
Category: Materials
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MSTC issues dividend; declares bonus
The Union Minister of Steel & Mines Narendra Singh Tomar was handed over the dividend cheque for the financial year 2014-15 for an amount of Rs 16.37 crore by SK Tripathi, CMD, MSTC.
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´Steeling´ the Show
Transpiring from its once lurking domain in concrete columns, steel has offset concrete in a major way. Pre-engineered buildings are in vogue and are hogging the spotlight as the preferred alternative globally. Following the precedent set
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Rs.200-cr corpus for steel tech mission
A corpus of over Rs 200 crore has been created for setting up of the Steel Research and Technology Mission of India (SRTMI), with the objective of making India self-reliant in special steels and making the country a metallurgical hub.
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Govt looking into imposition of safeguard duty on steel import
A decision regarding imposition of safeguard duty on import of steel will not be delayed if the Directorate General of Safeguards recommends restrictive duty, Revenue Secretary Shaktikanta Das has said.
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SETTING SAIL
Over the past few years, maritime industry has been the centre of focus for the country´s EXIM trade. Indian ports and shipping play a vital role in sustaining the country´s growth in trade and commerce.
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Steel Ministry approves 83 R&D projects
The Steel Ministry approved as many as 83 R&D projects worth Rs 696.27 crore in 2014-15
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Transmitting Energy through Steel
JSPL has been supplying steel to all the major transmission tower manufacturers across the country for domestic as well as international power transmission projects.
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Tata Steel sets up Rs.2,500 cr company in SEZ at Odisha
Tata Steel has set up a new company to spearhead its investment in a proposed SEZ at Gopalpur in Odisha
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The New ´Steel´ Haven
¨Rome wasn´t built in a day¨- so goes the saying. But a soaring 57-storey skyscraper in Changsa- located in the Hunan Province of South-Central China- has the marvellous feat of being accomplished within a minuscule span of 15 days