Mechel Reports Halting Production at Southern Urals Nickel Plant

Moscow, Russia — December 19, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports halting production at Southern Urals Nickel Plant OAO. Considering persistent negative trends on global nickel market and unfavorable forecasts for its recovery in the foreseeable future, the plant’s Board of Directors decided to halt …

Citycon Acquires Kista Galleria Shopping Center in Stockholm Together with Canada Pension Plan Investment Board (CPPIB) for approximately SEK 4.6 billion (approx. US$700 million)

Kista Galleria has an annual footfall of approximately 18.1 million visitors (the highest in Stockholm) and annual sales of US$360 million; Citycon Oyj is a subsidiary of Gazit-Globe Group (NYSE: GZT) Citycon Oyj (NASDAQ OMX: CTY1S), a long-term owner and developer of shopping centers in the Nordics and the Baltic countries, and Canada Pension Plan …

Eternal white platinum, a must-have for the season

Available across leading stores such as Orra, Manubhai, TBZ amongst others  Mumbai, December 19, 2012: Make this party season truly special with everlasting platinum jewellery. Tis the season for eternal white platinum as one would want to stand apart in a crowd and be complimented for their style. Platinum jewellery is designed keeping in mind …

Mövenpick Hotels & Resorts opens its first property in Paris.

Mövenpick Hotel Paris Neuilly offers opportunity to experience the French capital through the eyes of a sophisticated resident. Zurich (Switzerland) – 19 December 2012 – Mövenpick Hotels & Resorts has launched its first hotel in Paris offering guests a level of upscale comfort that is as refined as the exclusive Neuilly district in which the …

Salient Features of the Companies Bill 2011

The Companies Bill, 2011, which was passed by the Lok Sabha yesterday, on its enactment will allow the country to have a modern legislation for growth and regulation of corporate sector in India. The existing statute for regulation of companies in the country, viz. the Companies Act, 1956 had been under consideration for quite long …

Bilateral Trade between India and EU

The details of the merchandise export and import country wise with European Countries in value in Million US$ is at Annexure. The Country-wise Sector-wise Trade figures (both by Quantum and Value) are also available in the DGCI&S Publication ‘Foreign Trade Statistics of India (Principal Commodities and Countries). The data in respect of the share of …

Domestic Air Passenger Data for November 2012 Released; 4.65 Lakh more Passengers Travel Compared to Previous Month;

As per the passenger traffic data submitted by various domestic airlines, the total domestic passengers carried by the scheduled domestic airlines in the month of November 2012 were 50.20 lakhs. The total domestic passengers carried by the scheduled domestic airlines in the month of October 2012 were 45.55 lakhs. This shows that 4.65 lakh more …