Tag «Revival»

2018 May Not Bring the Big Residential Revival

Anuj Puri, Chairman – ANAROCK Property Consultants The year 2017 will be remembered as the year of disruption and radical policy reforms in the history of Indian real estate. While RERA and GST might be considered as a disruption by the industry, the government’s sustained efforts towards promoting affordable housing provided some hope to the …

Bank of Maharashtra focuses on revival at 14th Annual General Meet

Mumbai, June 19, 2017: Bank of Maharashtra held their 14th Annual General Meeting on Friday, 16th June 2017 at Pune. During the AGM, approval of shareholders was accorded to raise equity capital through FPO/Rights issue/QIP/Preferential share etc., aggregating not to more than Rs.2000 crore including share premium. Additionally, approval of share holders was accorded for …

Revival of Chinese demand, prices of ferrochrome benefits Indian producers

Kolkata December 30th , 2016: A sharp upturn in Chinese demand and price for ferrochrome is having a salutary impact on Indian ferro-chrome producers with latter increasing exports shipments,  Rohit Ferro-Tech Limited, Managing  Director, Ankit Patni said on Thursday. “Improved Chinese demand and hardening of prices has led to Indian producers shifting focus from meeting domestic demand to …

Real Estate Revival In Festive Season Mode: Kishor Pate, CMD – Amit Enterprises Housing Ltd.

The cloud of gloom and hesitancy that had overshadowed the nation’s real estate market since 2010 has finally lifted. With the arrival of a strong, business-savvy and very determined government at the centre and the positive budget announced recently, stock markets and overall sentiment have revived. In a nutshell, financial confidence has returned to the …

Revival of Scooters India Limited, Lucknow

The Union Cabinet today approved the revival of Scooters India Limited, Lucknow (SIL) through infusion of funds of Rs. 90.38 crore as capex/working capital and financial restructuring through waiver/conversion of Government of India loan/interest to the tune of Rs.111.58 crore. The Cabinet also approved the 2007 pay scales to the employees as per the Department …

Trends and Developments in Steel Sector

Steel Sector Trends India has become the 4th largest producer of crude steel in the world as against the 8th position in 2003 and is expected to become the 2nd largest producer of crude steel in the world by 2015. India continues to maintain its lead position as the world’s largest producer of Direct Reduced Iron (DRI) or …