Business Standard: Battered by poor demand, pig iron makers cut prices

Battered by poor demand, pig iron makers cut prices
Pig iron makers in the country have cut prices owing to sluggish market demand for the intermediate steel good, defying earlier trade expectations of price stagnation in the July-August period.
Read More
www.business-standard.com Email This Article It has been sent to you by : ok@gmail.com

Business Standard: Guar seed prices up as demand rises

Guar seed prices up as demand rises
With the first showers of monsoon, the price of sowing quality guar seed has jumped 15 per cent in the last two days.
Read More
www.business-standard.com Email This Article It has been sent to you by : ok@gmail.com

Business Standard: FMCG firms' royalty payments remain flat

FMCG firms' royalty payments remain flat
Royalty as a percentage of sales for some key listed Indian arms of foreign consumer goods companies was actually flat in the past three years, shows an analysis by the Business Standard Research Bureau.
Read More
www.business-standard.com Email This Article It has been sent to you by : ok@gmail.com

Business Standard: CCI okays merger of Welspun Global Brands into Welspun India

CCI okays merger of Welspun Global Brands into Welspun India
The Competition Commission of India (CCI) has approved the proposed merger of Welspun Global Brands Ltd (WGBL) into Welspun India (WIL).
Read More
www.business-standard.com Email This Article It has been sent to you by : ok@gmail.com

Business Standard: India may protect some stainless steel against China imports

India may protect some stainless steel against China imports
India is investigating a flood of Chinese imports of some types of stainless steel and may restrict the trade if it finds its own steelmakers have suffered as a result, according to a document published by the World Trade Organization (WTO) on Monday.The probe into imports of the "300 series" of hot-rolled flat products was prompted by a complaint from Indian steel company Jindal Stainless Ltd, after China's share of India's import market for the products leapt from 10 percent to 50 percent over the past three years.Under WTO rules, countries can temporarily hike tariffs for specific products if they can prove their own manufacturers risk being damaged by an unexpected increase in imports.Before introducing these emergency restrictions, known as "safeguard" measures, they must investigate the circumstances and notify the WTO they are doing so.India made its notification on July 4 and will decide whether or not to impose the duties within eight months. If it does so, China could
Read More
www.business-standard.com Email This Article It has been sent to you by : ok@gmail.com

!

Business Standard: No respite for state plastic makers despite fall in crude

No respite for state plastic makers despite fall in crude
Fall in international crude prices has failed to offer any respite to the plastic processors in the state. The industry says that while crude is down by almost 25 per cent from the peak period, in comparison, polymer prices have slipped by only 4-5 per cent. This, coupled with foreign exchange losses as well as plummeting demand, has, in turn, started affecting the profitability of the plastic players, forcing a few hundred small and tiny processors to shut shop.
Read More
www.business-standard.com Email This Article It has been sent to you by : ok@gmail.com

Business Standard: Inadequate rain plays havoc with jute industry

Inadequate rain plays havoc with jute industry
Last year, backed by favourable weather, jute production was around 108 lakh bales, which was about 15 per cent higher than the previous year.
Read More
www.business-standard.com Email This Article It has been sent to you by : ok@gmail.com

FedEx, UPS Could Gain Access to Chinese Domestic Market

Lesson for India
	FedEx, UPS Could Gain Access to Chinese Domestic Market Source: joc.com FedEx and UPS could begin domestic delivery in China if the government grants the parcel giants the go-ahead to enter the multibillion and burgeoning market. Both carriers said talks with the Chinese government are ongoing and didn't diclose when China was expected to make a decision.

john sent this using ShareThis. Please note that ShareThis does not verify the ownership of this email address.

APM Terminals to Open New Asia Headquarters

	APM Terminals to Open New Asia Headquarters Source: joc.com APM Terminals will open a new regional headquarters in Singapore in September to oversee its operations in Southeast Asia and the Indian subcontinent and free its Shanghai office to focus on China and Japan. A.P.

john sent this using ShareThis. Please note that ShareThis does not verify the ownership of this email address.

Business Standard: Rs 13k cr boost for electric, hybrid vehicles on the anvil

Rs 13k cr boost for electric, hybrid vehicles on the anvil
The government plans to invest around Rs 13,000 crore over a period of eight years to promote electric and hybrid vehicles in the country and the Department of Heavy Industries is expected to seek Cabinet approval for the same within the next three months.
Read More
www.business-standard.com Email This Article It has been sent to you by : ok@gmail.com