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Jindal Stainless revenue up 36% YoY

JSHL’s sales volume stood at 182,474 tonnes, up by 23% over the corresponding period last year (CPLY).

Delhi Mumbai expressway SPV gets ‘AAA’ rating

The National Highways Authority of India’s (NHAI) fully-owned special purpose vehicle (SPV), DME Developers (DMEL), has received AAA rating from CRISIL, CARE and India Ratings. The SPV is executing the Delhi-Mumbai expressway project.

Delhi Mumbai expressway SPV gets ‘AAA’ rating

The National Highways Authority of India’s fully owned Special Purpose Vehicle (SPV), DME Developers Ltd. (DMEL), has received AAA rating from CRISIL, CARE and India Rating.

10th Cement Expo & International Conference

The two-day cement expo inaugurated in Hyderabad on December 20, 2018, witnessed the participation of over 200 decision-makers, 80 brands and 1,200 visitors, besides various industry bodies.

Tata Motors will continue to develop new products and upgrade its existing ones.

At Tata Motors, we strive to enhance our customers? experience, offering the unmatched benefit of a Tata truck, with best lifecycle cost, longer service runs and enhanced levels of driver comfort, resulting in best-in-class profitability and lowest payback period for operators, says Vinod Sahay, Head (Sales and Marketing), Medium and Heavy Commercial Vehicles, Tata Motors. Excerpts of the interview.

A note of optimism

The growthline of component manufacturers depends on the original equipment manufacturers (OEMs). While the OEMs are looking hopefully at the coming fiscal year, component manufactures are carefully studying the market trends of various equipment segments.

Steel makers to benefit

The Supreme Court order lifting the mining ban on mining in Karnataka?s category-B mines may benefit some steel companies in 2014-15, India Ratings said. The rating gency said the positive impact of mining in Karnataka will be reflected in JSW Steel, Kalyani Steel and Sesa Goa financial in 2014-15.

Construction firms in slump

Rating agency India Ratings downgraded its outlook on Indian construction companies for 2013 to ?negative? from ?stable? last year because of weak liquidity condition, elongated working capital cycle, high financial leverage and lower interest coverage ratio. In a recent report, India Ratings said execution and funding issues are increasing the working capital cycles for these companies.

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