Monthly archives: December, 2014

Anand Rathi recommends BUY on Jyothy Laboratories

Jyothy Laboratories – Well-groomed; Buy   Key takeaways from management interaction   Volume upturn, overall. During 1HFY15, Jyothy Labs reported robust, 16%  yoy,  revenue  growth  through  a mix  of  volume  growth  (8%)  and  price  hikes  (8%) driven by fabric care, dishwashes and personal care. Delayed offtake due  to  a  volatile  season  saw  lower  volume  growth  in  …

ArcelorMittal announces financial calendar for 2015

Luxembourg, 19 December 2014 – ArcelorMittal today announces its financial calendar for 2015. Earnings results announcements: 13 February 2015: earnings release Q4 2014 and full year 2014 7 May 2015: earnings release Q1 2015 31 July 2015: earnings release Q2 2015 6 November 2015: earnings release Q3 2015 General Meeting of Shareholders: 5 May 2015 (Luxembourg, …

Gansu province a conduit for India-China cooperation

Gansu province located in the North West region of China forms an integrated part of the Silk Road Economic Belt thereby unfolding many opportunities for India’s cooperation with Gansu, said Mr. Wei Qizhu, Department of Exhibition and Conference Director, China Council for the Promotion of International Trade, Gansu Provincial Committee, while addressing a meeting organised …

ISSF: STAINLESS STEEL PRODUCTION REACHES 30.9 MILLION METRIC TONS IN THE FIRST NINE MONTHS OF 2014

Brussels 19 December 2014 – The International Stainless Steel Forum (ISSF) has released figures for the first nine months of 2014 showing that stainless steel melt shop production increased by 8.9% year–on–year to 30.9 million metric tons (mmt). Production increased in all regions except for Central and Eastern Europe.   Stainless and heat-resisting melt shop …

International tourism on track to end 2014 with record numbers

International tourism is set to hit a new record by the end of 2014 with over 1.1 billion international tourists travelling the world in one single year. During the first ten months of 2014, the number of international tourists grew by 5% according to the latest UNWTO World Tourism Barometer, rising above expectations.  Between January …

SSAB to invest in using liquefied natural gas (LNG)

SSAB participates in Manga LNG Oy’s liquefied natural gas (LNG) terminal project to be built in Tornio in the north of Finland. The terminal will serve industry, mines and other gas users in the area. SSAB’s site in Raahe will also make use of LNG.    At the Raahe steel mill, liquefied natural gas (LNG) …

OUTOKUMPU TO INVEST IN UTILIZING LIQUEFIED NATURAL GAS IN FINLAND

Outokumpu invests approximately 30 million euro into using liquefied natural gas (LNG) at Tornio mill instead of propane. The vast majority of the investment, phased over 2015–2018, is used to make the required equipment modifications at the Tornio mill. The transfer to LNG is made possible by the construction of a liquefied natural gas (LNG) …

UAE Exchange India opens 11 new branches in Hyderabad & Karim Nagar

Hyderabad: UAE Exchange India, market leaders in financial services, has expanded its frontiers in India by opening eleven new branches in Hyderabad region of Telangana. With this, the total number of branches of the company has been elevated to 367 across the nation.   Managing Director Mr. V George Antony at a collective function held …