Monthly archives: July, 2013

Stemcor cutting headcount across core business by 25%

Stemcor is reducing headcount across its “core trading and distribution businesses” by 25% as it aims to pay down its $1.2 billion debt, a spokesman for the London-based trading company confirmed Thursday. “This is commensurate with lower revenues that will follow as a result of our efforts to streamline the business to focus on high …

Brazil: Increasing use of charcoal from planted forests reduces environmental impact of steel production

Brazil: Increasing use of charcoal from planted forests reduces environmental impact of steel production. July 25th, 2013. A year after the enactment of the Brazilian Charcoal Sustainability Protocol, the steel industry has developed several activities in order to fulfill that commitment and collaborate in the construction of an environmentally sustainable country. Brazil has favorable conditions for the production …

Joint development by Bochum University of Applied Sciences and ThyssenKrupp Steel Europe: PowerCore SunCruiser, solar car with a heart of steel, presented to the public

Months spent assembling, testing and painting by students from Bochum University of Applied Sciences culminated in the presentation of their development work in Bochum today: The “PowerCore SunCruiser” fitted with electrical steel from ThyssenKrupp Steel Europe is a high-tech solar-powered car of the latest generation. What makes it different: The solar car is a functional …

Online Marketplace Craftsvilla.com Looking To Expand Offline Through Pan India Franchisee Network

Craftsvilla.com, India’s largest online marketplace for Indian products, today announced that they are looking to expand in offline market through a Pan-India Franchisee network. This will help Craftsvilla.com to help their 5000+ sellers to tap into customers who are yet not online but are looking for vast collection and variety of Indian products like Jewellery, …

Glencore Xstrata plc: Merger of Mutanda and Kansuki mining operations

25 July, 2013 Glencore  Xstrata  plc  (“Glencore”) is pleased to announce that it has now completed  the  merger  of Mutanda Mining Sarl (“Mutanda”) and Kansuki Sarl (“Kansuki”)  (the  “Merger”),  as  previously communicated.  The Merger has been  implemented by way of the absorption of Kansuki into Mutanda with the consideration for such absorption being the issue of new Mutanda shares. Following  completion of the Merger, Glencore has a 54.5 …

ESET Monthly Threat Report for India: June 2013

INF/Autorun.gen has increased affecting by standing first in the month June 2013 BANGALORE / MUMBAI, India – July 25, 2013   ESET, global provider of security solutions for businesses and consumers, today published the threat report for India for the month of June 2013 by revealing the findings of a daily survey by ThreatSense.Net®. It …

Kotwara By Meera And Muzaffar Ali brought alive the grandeur with ‘The Pearl Of The Orient’ Collection at the India Fashion Bridal Week 2013

  Jewellery by Neety Singh   New Delhi, July 24, 2013: Kotwara by Meera and Muzaffar Ali, an international couture brand from the House of Kotwara, launched their latest bridal collection, ‘Pearl of the Orient’ at the India Bridal Fashion Week. The collection was complimented with jewellery by designer par excellence, Ms. Neety Singh.   …