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CORPORATE
OUTLOOK:
Steel majors to hike prices by up to Rs 1,500/t
Input costs rise forces spike in tune with global trend. Mumbai, Jan. 29 With the sharp rise in iron ore and coking coal prices, steel companies are set to hike prices by Rs 1,000 to Rs 1,500 a tonne in February. Though manufacturers such as ...
OVERSEAS INVESTMENTS:
CIL asked to relax bank guarantee clauses for import
Adani, Rio Tinto, Xstrata and others in fray for tie-up. Global coal miners have suggested amendments — especially with regard to the bank guarantee clauses — in the tender documents for participation in the 10-year thermal coal ...
MERGERS & ACQUISITIONS:
Emami buys second Egyptian FMCG unit
Consolidated net up 9.6% to Rs 86 cr in Q3. Emami Ltd formally announced acquisition of a manufacturing unit in Egypt. The company, through an indirect subsidiary, bought 90.6 per cent of an ...
MERGERS & ACQUISITIONS:
Reliance Infra commissions 116-km transmission line
First-ever private project to help Maharashtra overcome power shortage. Reliance Infrastructure said it has commissioned the first 100 per cent privately owned 116 km-400 kV transmission line between Solapur and Karad ...
MERGERS & ACQUISITIONS:
Binani Industries to buy US co
Binani Industries plans to acquire Composite Products Inc (CPI) Winona, Minnesota, US, for an ...
Columnists:
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C Gopinath
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Harish Bijoor
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Ramanujam Sridhar
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Radhika Chada
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K Srikrishna
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