Tag «NMDC»

Mkt sheds gains on weak European cues, profit-booking

10th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Mkt sheds gains on weak European cues, profit-booking The Indian equity market ended near the day’s low on Wednesday erasing the day’s gains on weak European cues and profit-booking at higher levels. The Nifty barely managed to close above the 5800 mark …

Nifty tips 5900; pares gains on weak global cues

5th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  The Indian equity market managed to build on Thursday’s gains extending its winning streak to the second consecutive day. The Nifty closed above 5,850 while the Sensex shut shop above the 19,400 mark, a gain of 0.5% each. The Nifty briefly touched …

With reforms in the saddle, bulls retake D-Street

1st July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  What a start to the week! After enjoying a fantastic Friday, the Indian equity market continued its winning streak on Monday with the Nifty ending a shade below the 5900 mark. The Sensex managed to close above the 19,500 mark at 19,577, …

Mkt shrugs RBI policy, European cues power Nifty to 5850

17th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) The indices started the week with smart gains extending its upswing for the second consecutive trading session. Ahead of the Reserve Bank’s monetary policy, the market traded flat with a slight negative bias. However, the benchmark …

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 …

Foreign Collaboration in Steel Sector

The details of Memorandum of Understandings (MoUs) signed by Steel Authority of India Limited and NMDC Limited with foreign companies for setting up joint venture in the steel sector are given below: S.No. Name of the Indian Company  Name of the Foreign Company Date of signing ofMoU. Details ofMoU/Present Status Likely benefits. 1. Steel Authority of India …

Steel Minister Reviews Performance of NMDC

The Union Minister of Steel, Shri Beni Prasad Verma has reviewed the performance of NMDC Limited, a Navratna PSU under Ministry of Steel here today. The Secretary, Ministry of Steel, Shri D.R.S. Chaudhary was also present on the occasion. Shri C.S. Verma, CMD (Incharge), NMDC briefed the Minister about the performance of the Company. The …