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Conservation and Systematic Development of Iron
1 PART : II INTRODUCTION CONSERVATION (PRESERVATION) AND SYSTEMATIC DEVELOPMENT OF IRON ORE One of the species of National Wealth is iron ore. Conservation of this mineral is of prime importance for industrial development. Indian legislature has recognized it in Section: 18 of the Mines & Minerals (Development & Regulation) Act, 1957. Section : 18, inter-alia, directs the Central Government to take all such steps as may be necessary for: (a) the conservation (Preservation) (b) and systematic development of minerals in India Systematic development of minerals in India would require: (a) exact estimate of reserves available (b) reasonable estimate of resources from where probable reserves can be estimated. This, inter–alia, would require opening of new mines. For that purpose, exploration is necessary. 2 For this, it would be worthwhile to refer to: A (REPORTS FOR EXPLORATION) (i) DOCUMENT ON STRATEGY FOR EXPLORATION, EXPLOITATION AND DEVELOPMENT FOR IRON ORE IN INDIA, PUBLISHED BY THE SUB–GROUP ON IRON ORE in India (January, 2006) (ii) MINERAL POLICY ISSUES IN THE CONTEXT OF EXPORT AND DOMESTIC USE OF IRON ORE IN INDIA - REPORT - FEBRUARY 2008 (INDIAN COUNCIL FOR RESEARCH ON INTERNATIONAL ECONOMIC RELATIONS) (iii) ECONOMICS OF SPONGE IRON AND STEEL PRODUCTION (SEPTEMBER, 2008) BY STEEL AND NATURAL RESOURCES STRATEGY RESEARCH, VASANT KUNJ, NEW DELHI (iv) IRON ORE – STATUS AND FUTURE PROSPECTS” by M. S. Jairam, Director, Geological Survey of India (v) IBM REPORT, 2009, AND PROVISIONAL FIGURES, AS ON 1-4-2010, SUPPLIED BY IBM, FOR IRON ORE 3 B (ILLEGAL MINING) (vi) 19TH REPORT OF STANDING COMMITTEE ON COAL & STEEL which highlights menace of illegal mining. -
News Handling Processing Conference Report
STI jan 2_Layout 1 7/18/11 10:18 AM Page 1 July/August 2011 – Vol.35 No.5 – www.steeltimesint.com NEWS HANDLING PROCESSING CONFERENCE REPORT STEEL TIMES INTERNATIONAL – July/August 2011 TIMES INTERNATIONAL STEEL – Vol.35 No.5 – Vol.35 jul aug_Contents_STI_Mar10 7/21/11 10:30 AM Page 3 July/August 2011 Contents Vol.35/No.5 Front cover image courtesy of Woodings Equipment, the hydraulic distributor EDITORIAL Editor Tim Smith PhD, CEng, MIM Tel: +44 (0) 1737 855154 [email protected] Deputy Editor Greg Morris Handling – Page 19 Handling – Page 24 Tel:+44 (0) 1737 855132 Production Editor Annie Baker SALES International Sales Manager Paul Rossage [email protected] Tel: +44 (0) 1737 855116 Area Sales Manager Anne Considine [email protected] Tel: +44 (0) 1737 855139 Group Sales Manager Ken Clark [email protected] Tel: +44 (0) 1737 855117 Processing – Page 36 Heat recovery – Page 45 Marketing Executive Annie O’Brien [email protected] News Tel: +44 (0) 1737 855284 News – Australia wins $300M ‘relief’ in carbon tax 2 Advertisement Production Martin Lawrence Statistics & Events – Production up 4.2% in May and 5% in April 8 [email protected] USA Update – Steel industry urges Congress to crack down on unfair trading practices by foreign countries 10 Tel: +44 (0) 1737 855332 Latin America Update – CSN’s internationalisation phase three: Commercial flow in the opposite direction 12 SUBSCRIPTION China Update – Resumed power cut policy impacts production 14 Katerina Smith Tel +44 (0) 1737 855032 India Update – Steel consumption up in India in FY 2010-11 16 Fax +44 (0) 1737 855358 Email [email protected] Handling Steel Times International is published eight times a year and is available on subscription. -
Coal Ownership
Coal Ownership (MW) July 2017 - Includes units 30 MW and larger Announced + Pre-permit Cancelled Company Announced Pre-permit Permitted + Permitted Construction Shelved 2010-2017 Operating Retired 24 Hour Company 0 0 500 500 0 0 0 0 0 A Brown Company 0 0 0 0 135 0 0 135 0 A1 Group 0 0 0 0 0 150 0 0 0 A2A 375 0 0 375 0 0 0 796 160 Aalborg Forsyning 0 0 0 0 0 0 0 716 0 Aarti Steels 0 0 0 0 0 0 0 90 0 Abhijeet Group 0 0 0 0 0 0 8,955 244 0 ABL Co. Ltd. 0 112 0 112 0 0 0 0 0 Aboitiz Group 0 0 200 200 755 344 0 500 0 ACB (India) Limited 0 0 0 0 0 1,200 1,200 1,330 0 ACC Limited 0 0 0 0 0 0 0 30 0 Accord Energy 0 0 0 0 0 360 0 0 0 Aci Energy 0 0 0 0 0 0 0 0 36 ACWA Power 3,850 300 720 4,870 1,200 300 0 0 0 Adani Group 600 3,200 3,200 7,000 0 2,920 6,300 10,440 0 Adaro 300 100 0 400 633 0 0 60 0 Adhunik Group 0 0 0 0 0 0 5,820 570 0 Aditya Birla Group 0 0 0 0 0 0 0 3,173 0 AEI (Ashmore Energy International) 0 0 0 0 0 0 0 300 0 AES 0 168 0 168 168 150 6,780 9,963 4,655 Africa Power House 0 0 330 330 0 0 0 0 0 African Energy Resources 900 0 300 1,200 0 850 0 0 0 AGL Energy 0 0 0 0 0 0 2,000 5,194 0 Agrofert 0 0 0 0 0 0 0 46 0 Air Products & Chemicals 0 0 0 0 0 0 0 0 60 Akfen Group 0 0 0 0 0 0 1,900 0 0 Akkan Enerji A.ş. -
Elecon Engineering Company Limited Initiating Coverage
Elecon Engineering Company Limited Initiating Coverage CMP Rs 96 Accumulate Target Rs 114 Sensex 17135 Elecon Engineering Company Limited is a leading manufacturer of Nifty 5083 mission critical Material Handling Equipment and Power Transmission BSE Code 505700 Solutions for Defence, Mining, Power, Steel, Plastic, Sugar and Cement NSE Code ELECON amongst other sectors. We believe, with an established set-up, Elecon Bloomberg Code ELCN IN Engineering would be among the key beneficiaries of the increased Reuters Code ELCN.BO investment in sectors such as power, cement, mining and steel, which contribute significantly to its bottom line. Further, the changes in the Out Standing Eq (No.of Shares) 92.86 mn product mix, entry into the wind energy segment, coupled with a healthy Mkt Cap 8919 order-book, lend greater confidence to its earnings visibility. We expect 52 wk Hi / Low Rs. 105 / 24 revenues to grow at a CAGR of ~20% over FY09-11 and expect net Avg Daily Vol(Wkly) 778486 earnings to grow at a CAGR of ~24% over the same period. Face Value Rs.2.00 Share Holding Pattern Leading player in MHE and Industrial Gears segment Elecon Engineering is a leader in industrial gears with a market share of 26% Public 29% and also has a dominant presence in the Material Handling Equipment. De-Risked Business Model Elecon Engineering offers a range of products and solutions for various Promoters industries which helps the company to distribute the risk across a wide 46% FIs/MFs 16% spectrum of industries. FIIs 3% Strong Order Book Bodies Corporates The Company has a strong order book of Rs 15490 mn, of which Rs 13040 mn 6% (84.18%) is from the Material Handling Equipment segment and the rest Rs 2450 mn (15.82%) is from the Industrial Gears segment. -
Vks Projects Limited
RED HERRING PROSPECTUS Dated: June 20, 2012 Please read Section 60 B of Companies Act, 1956 100% Book Building Issue VKS PROJECTS LIMITED (Our Company was incorporated in India as “Chaitanya Contractors & Engineers Private Limited” on February 17, 1998 under the Companies Act, 1956) (For details of the changes in our name and Registered Office, see “History and Other Corporate Matters” on page 125 of this Red Herring Prospectus) Registered Office: 507, “B” Wing, Sai Sangam, Sector 15, CBD Belapur (E), Navi Mumbai – 400614, Maharashtra, India. Contact Person: Ms. Supriya A. Tatkar, Company Secretary and Compliance Officer. Tel: 91-22-41267000; Fax: 91-22-41267030; Email: [email protected]; Website: www.vksprojects.com Our Promoters: Dr. V.K. Sukumaran and Dr. Saritha Sukumaran THE ISSUE PUBLIC ISSUE OF [●] EQUITY SHARES OF ` 10/- EACH (THE “EQUITY SHARES”) FOR CASH AT A PRICE OF ` [●] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF ` [●] PER EQUITY SHARE) AGGREGATING TO ` 5500.00 LACS (“HEREIN AFTER REFFERED TO AS “THE ISSUE”) BY VKS PROJECTS LIMITED (HEREINAFTER REFERRED TO AS “VKSPL” OR THE “COMPANY” OR THE “ISSUER”). THE ISSUE SHALL CONSTITUTE [●] % OF THE POST ISSUE SHARE CAPITAL OF OUR COMPANY. PRICE BAND: ` [●] TO ` [●] PER EQUITY SHARE OF FACE VALUE ` 10 EACH. The Price Band will be decided by our Company in consultation with our Book Running Lead Manager and advertised at least two working days prior to bid/issue opening date. This Issue is being made in terms of regulation 26(2)(a)(i) and b(i) of SEBI (ICDR) Regulations, 2009, as amended from time to time, whereby, at least 50% of the offer to public shall be allotted to QIBs, failing which the full subscription monies shall be refunded.