Monthly archives: May, 2014

Siemens wins order for Mulpic intensive plate cooling system from China Steel in Taiwan

• New plant facilitates direct quenching • Extended product range will include wear-resistant plates China Steel Corporation (CSC), a Taiwanese steel producer, has ordered a Mulpic (multi-purpose interrupted cooling) system from Siemens Metals Technologies. The intensive cooling line will be installed in the company’s existing plate rolling mill in Kaohsiung, Taiwan, and is scheduled to …

Africa Rising—Building to the Future: Keynote Address by Christine Lagarde,Managing Director, International Monetary Fund

Maputo, May 29, 2014 As prepared for delivery Introduction Good morning, bom dia. It is my great pleasure to welcome you to this conference on Africa. I wish to thank President Guebuza and the government of Mozambique for hosting this event, and the many other partners who have made it possible. It is indeed a great privilege to …

PolicyBazaar.com raises $20 million

New Delhi/ Mumbai, May 29, 2014: PolicyBazaar.com, the leading destination for online insurance in India, today announced that it has raised $20 million (INR Rs 119 crore) in a Series C round of funding. The capital is expected to be utilized to further strengthen the portal’s technology and place increased emphasis on brand awareness. The …

Rio Tinto appoints new board director

Michael L’Estrange AO will join the Rio Tinto board as a non-executive director on 1 September 2014. Professor L’Estrange has had a long and distinguished career at the highest levels of public policy in Australia, with a particular focus on international relations and diplomacy. Starting his career in the Department of Prime Minister and Cabinet, …

Results GfK TEMAX® Western Europe – first quarter of 2014

Western Europe: Technical market stabilizes Nuremberg, 28 May 2014 – The Western European market for Technical Consumer Goods appeared relatively stable in the first quarter of 2014. Sales accounted for almost €48.1 billion, showing a slight decrease of 0.5 percent compared to the first quarter of 2013. This is the result of the GfK TEMAX® …

FICCI backs Nepal Investment Summit in India

New Delhi, May 28, 2014: The Federation of Indian Chambers of Commerce and Industry (FICCI) has warmly welcomed the invitation of Mr Sushil Koirala, Hon’ble Prime Minister of Nepal, to the private sector in India to positively look at investments in hydropower and transmission sector in Nepal. The FICCI leadership led by Mr Sidharth Birla, …

Transcend to Showcase Mac-Compatible Products and Industrial Solutions at COMPUTEX TAIPEI 2014

New Delhi, May 28, 2014 Transcend Information, Inc. (Transcend), a worldwide leader in storage, multimedia and industrial products, announced that it will be exhibiting at COMPUTEX TAIPEI 2014 from June 3-7 at Taipei World Trade Center Nangang Exhibition Hall in Taipei, Taiwan. This year, Transcend will showcase its latest Mac-compatible products and a more complete …