Category «News»

Industrial Growth Expected to Improve

The index of industrial production (IIP) with 2004-05 as base is the leading indicator for industrial performance in the country. In compilation on a monthly basis, the current IIP series-based on 399 products/product groups is aggregated into three broad groups of mining, manufacturing and electricity. The mining sector production has contracted in the last six …

Government Initiatives Generate Optimism

The policy initiatives taken by the government in the recent months have made the business sentiment buoyant and have generated some optimism. The latest seasonally adjusted annualized growth of industrial output indicate that the growth of the sector could remain positive at around 3 per cent for the current year. Industrial production was moderate in …

Mechel Reports Chelyabinsk Governor’s Visit to Chelyabinsk Metallurgical Plant

Chelyabinsk, Russia — February 26, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the visit of Chelyabinsk Region’s Governor Mikhail Yurevich to Chelyabinsk Metallurgical Plant. Chelyabinsk Region’s Governor Mikhail Yurevich, First Deputy Governor Sergei Komyakov, Deputy Governor Ivan Feklin, and the regional administration’s Industry and Natural Resources …

Edimax Successfully Achieves 150% YoY Growth

70% of the business is generated from SOHO segment, Edimax Routers demand moves up exponential and 50+ dedicated partners in North and West head Edimax in right direction. EDIMAX Technology, a leading provider of advanced network communication products, has achieved 150% YoY growth. In 2012, 70% of the business was generated in the SOHO segment …

Iron ore to dive to $US70 a tonne: UBS – Umesh Shanmugam

Iron ore, trading near 16-month highs, may slump 54 per cent to the lowest level since 2009 as China boosts production and global supply climbs, said UBS. Rates may tumble to $70 a ton in the three months ending September after trading between $130 and $160 through June, Sydney-based commodity analyst Tom Price said today. …

20th Epcot International Flower & Garden Festival March 6-May 19 2013 Debuts Illuminated Blooms and ‘Garden Marketplace’ Dining at Walt Disney World Resort, Florida

‘The Land of Oz’ Garden and Playground Filled with Movie-Themed Fun for All Disney festival planners will boost floral fun and plant power to a whole new level during the 20th Epcot International Flower & Garden Festival presented by HGTV March 6-May 19, 2013 at Walt Disney World Resort, Florida. Whimsical Disney topiary spectacles and …

mCommerce redefines the way we will buy in the future.

Trade via mobile will be one of the advances that we see at the Mobile World Congress in Barcelona that began yesterday under the theme “Redefining Mobile”. The GSMA Mobile World Congress 2013 started yesterday in Barcelona and will run until 28 February under the theme “Redefining Mobile” in the Gran Via exhibition centre, , …

Danieli fTSR technology for hot rolled coil production leads the way to sustainable productions

Optimal Utilisation of depleting resources and sustainable production processes are the key drivers of technological innovation these days – and it is here that the Danieli fTSR technology scores a bulls’s eye. The direct rolling process for hot strip production, where the thin slab caster is connected directly to rolling mill, has gained large market …

Mis-Selling of Insurance Products and Unfair Business Practices of Insurance Companies; Implementing the Integrated Grievance Management System (IGMS)

The Insurance Regulatory and Development Authority (IRDA) has informed that following initiatives have been put in place to educate the consumers against mis-selling of insurance products and unfair business practices of Insurance Companies:- Publicity in English, Hindi and various Indian languages via mass media such as Television, Radio, Print and Internet and other channels such …