AP Chowdhary, Chairman and Managing Director of the Rashtriya Ispat Nigam (RINL) informed that there was some delay in the execution of the expansion project of the firm from 3 million tonne to 6.3 million tonne. He said this while delivering the key-note address at the inaugural session of the one-day seminar on eme
Tag: Cost
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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
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Copper makers suffer from high duty on raw material
Small and micro copper manufacturers in the country complain that their operation was unsustainable because of high import duty for raw material and less duty
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Bhel cuts down on delivery time
Beginning April 2011, BHEL will deliver boilers, two months ahead of the existing schedule and will aim to reduce the schedule by a total of four months for orders to be booked beginning 2012-13.