NEWS LETTER  Indian Steel Industry – Current Status, ISSUE NO

Total Page:16

File Type:pdf, Size:1020Kb

NEWS LETTER  Indian Steel Industry – Current Status, ISSUE NO THE INDIAN INSTITUTE OF METALS - DELHI CHAPTER NISSUE NO.EW 88/2015 S VOL. LXXXVIIIL E“MONTHLY” T T DATE:E 31.05.2015R K L Mehrotra - Chairman, Delhi Chapter | S C Suri - Editor-in-Chief (IIM-DC Newsletter) THE INDIAN INSTITUTE OF METALS - DELHI CHAPTER In The Issue NEWS LETTER Indian Steel Industry – Current Status, ISSUE NO. 101/2016 VOL. CI “MONTHLY” JUNE 2016 Opportunities and Challenges K L Mehrotra - Chairman, Delhi Chapter | S C Suri - Editor-in-Chief (IIM-DC Newsletter) Metals Demand Heading for North Coal India set to embrace PPP model for difficult mines Steel Minister Narendra Singh Tomar asks SAIL to check falling market share JSW Steel is now largest steel maker in India SteelIn imports The hitIssue record high, surge 71% in Fy15 SAIL spends seven times more on employees for ¾producing Chairman’s a tonne Message of steel than new plants Condolences for Metallurgy Legend – Shri A C ¾Wadhawan National Minerals Scenario Indicators point to good days ahead for Indian ¾steel Operational industry’ Efficiency via tech Steeloptimisation industry needs increasekey toin demand,sustainable not dutydevelopment protection Stainless Steel Production Reaches 41.7 Million ¾Metric Operational Tons in 2014 Efficiency: Need of the SteelHour traders urges govt. to drop new quality control order ¾Govt. Make to Bring in 18India Steel InfrastructureProducts under Quality push to Controldrive Order steel demand: Platts Outokumpu’s stainless steel fuel tank wins ISSF ¾New At ApplicationsHome, Tata Award Steel outperformed THE INDIAN INSTITUTE OF METALS - DELHI CHAPTER OUTOKUMPUpeers CEO MIKA SEITOVIRTA ELECTED THE CHAIRMAN OF ISSF ¾State Govt. power measures firms to import taken 52 MT tocoal safeguard in Fy16 Risingailing Chinese steel Imports industry Remain a Concern for Steel Firms THE INDIAN INSTITUTE OF METALS - DELHI CHAPTER ¾Low Paradox Global Prices of toGDP Encourage Growth Iron Ore vs Import Steel UnusedDemand Mobile Phones are Squandering Gold Worth £100 Million ¾Plans Coal on toIndia raise Annual share in auto Profit segment Rises 4% Moil Slashes Manganese Ore Prices by up to 25% ¾Metallic Many Insight National & International News Winningitems Starts With Beginnings Show Preview 11th International Exhibition & Conference R MINERALS METALS METALLURGY VIEW OF AUDITORIUM OF DELHI CHAPTER MATERIALS w w w . m m m m - e x p o . c o m Published By 10 - 12 AUGUST. 2016 PRAGATI MAIDAN, NEW DELHI, INDIA The Indian Institute of Metals – Delhi Chapter Jawahar Dhatu Bhawan, 39, TughlakabadPublished ByInstitutional Area International Conference on M B Road, NearThe Batra Indian Hospital, Institute ofNew Metals Delhi-110062 – Delhi Chapter “MINERALS & METALS AND THEIR Tel:Jawahar 011-29956738, Dhatu Bhawan, Telefax: 39, 011-29955084 Tughlakabad Institutional Area E-mail:[email protected];M B Road, Near Batra Website: Hospital, iim-delhi.com New Delhi-110 062 CONTRIBUTION TO MAKE IN INDIA” Tel: 011-29956738, Telefax: 011-29955084 Organised by: IIM-Delhi Chapter E-mail:For Private [email protected]; Circulation only Website: iim-delhi.com ISSUEISSUE NO. NO. 101/2016 89 VOL. VOL.LXXXIX CI “MONTHLY”THE INDIAN INSTITUTEJUNE 2016 OF METALS 30-06-2015 Offering you a full palette of innovative stainless steel Chemical & Petrochemical Food & Drinks Process Industry Water Transportation Architecture, Building & Construction Solar Energy Water We are the global leader in advanced materials, with our heritage going back over 100 years to the very invention of stainless steel. We are in a unique position to work closely with our customers and partners around the world, to create materials for the tools of modern life. We believe in delivering best in product quality and technical expertise while becoming even better at customer orientation, speed and reliability. Outokumpu wakes every day with the mission to make its long lasting materials as sustainable as possible, because our goal is a world that lasts forever. [email protected] Outokumpu.com Chairman’sChairman’s Message President Chairman’s Message Dear Fellow Members, CHAIRMAN’S MESSAGE Chairman K L Mehrotra I Indiaconvey has vastmy sincerestorehouse thanks of knowledge to the newly in various constituted fields but Executive Committee of our I generalconvey my awareness sincere thanks of much to theof it newly is inadequate. constituted We Executive all live in Committee a ofVice our ChairmanChapter for once againChapterknowledge assigning for society,once me the again responsibilitiesonly assigningthose people of me Chairman the who responsibilities areof the able Chapter to offor Chairman 2016-V17. C SinghalI am of thehumbled Chapter and honouredforconvert 2016-17. knowledgeto acce I ampt thehumbled into responsibility Skilled and Action ofhonoured serving become the to interests its accept real asset. of the Chapter responsibility forV K one Tyagi moreof serving year. the interestsIn this respect, of the our Chapter Hon’ble for Prime one Minister more hasyear. aptly coined a Hon. Secretary Instatement the year 2015 MSDC-16 “Make we conducted in India, a Skill number India, of Digital technical India activities and at our Chapter.Deepak WeVaidya organised In the year 2015-16 we conducted a number of technical activities at our Chapter. oneClean technical India” activity. Thus a every knowledge month. conomyThis would requires not have developing been possible withoutHon. the Jt. active Secretary support of We organised one technical activity every month. This would not have been possible theits workersmembers. as Knowledge Technologists who are flexible with G I S Chauhan without the active support of the members. Dr. Vipin Jain analytical skills and act as a growth engines for an innovative N Vijayan Asand the knowledge esteemed members driven society. are aware our Chapter organises International Conference in the area AsWe thethe membersesteemed of IIMmembers DC, a professional are aware body, our ensure Chapter our organises International of Minerals, Metals, Metallurgy and Materials ((MMMM) once every two years.Hon. ThisTreasurer is a flagship Conferencestrong comm initm theent areato th eof hMinerals,ighest sta Metals,ndard o Metallurgyf values, and MaterialsM P Sharma ((MMMM) event of the Chapter. The next Conference is scheduled to be held at Pragati Maidan, New Delhi, oncebeha veveryior, in ttwoegri tyears.y and Thiswe lisfa are flagshipof Meta eventls, Min ofera thels a Chapter.nd TheHon. next Jt. Treasurer Conference th th fromisMaterial scheduled 10 Scienceto 12 to August Sectors.be held 2016. at The Pragati Theme Maidan, of the Conference New Delhi, is Minerals from 10thD and Kashiva Metalsto 12th and August their Contribution2016.We are The always Themeto Make committed of-in -India.the Conferenceto The excellence preparatory isin Mineralsspiritwork andrelating andaction. to Metals the Conference andMembers their is inContribution full swing. I wtoWeould Make-in-India. believe solicit theeverything cooperation The wepreparatory ofdo all and the everything members work relating in we organising think to canthe this Conference mega eventS C Suri effectively.is in full swing. I am always get better, which drives our quest for Excellence. sureI would with thesolicit support the of cooperation our members, weof willall theaccomplish members this event in organising successfully.R K Guptathis mega event Lastly, whatever the strength of the individuals, we will A C R Das effectively. I am sure with the support of our members, we will accomplish this event Ourac cChapteromplish enjoystoget hexcellenter. We infrastructuralput the tea mfacilities ahea din otermsf ou r of auditoriuP m,K Chatterjee board room and successfully.personal success and connect to building its capability. The Manoranjan Ram library.Delhi ChapterI am happy collective to share withtrust memberseach other that weto havedeliver recently our installedGajendra CCTV system Panwar at our Chapter.Ourrespective Chapter We obligations. are enjoys also in excellentthe process infrastructural of installing lift at facilities our premises. in terms It is ofexpectedO auditorium, P Gupta that lift willboard be commissionedroomWe at andIIM DC library. isat ONE our I ChapterTEAM am happy - T ogetherby July/Augu to share Everyonest 2016.with A members chieves More that we haveGautam recently Bhatia installed CCTVI personally system believe at our in threeChapter. things: We Alignment, are also Clarityin the and process of Rahulinstalling Khanna lift at our Ashok Kumar Rana Althoughpremises.Trust. So wewe It must areis expected trying ACT. our thatbest tolift undertakewill be commissioned technical activities at ourto the Chapter members’ by expectations,July/August I would like to thank all my colleagues for their unflinching Advisory Committee there2016. is always a room for improvement. Our members have a lot of potentialB R to Thukral further the cause ofdedication, the metallurgical commitment activities. and I seekcontribution the cooperat to strengtheningion of all our valued members to excel in our Delhi Chapter. I am looking forward to continue on our B D Jethra organisingAlthough technical we are activitiestrying our at our best Chapter. to undertake I have no doubttechnical that with activities the activeRaj toTiwari support the members’ of all our expectations,mission of cre thereating issu alwaysstained a v roomalue fforor improvement.our esteemed Our members have a lot of members, the Delhi Chapter will attain new heights. Technical & Publication Cell potentialmembers. to further the
Recommended publications
  • Ecor AARTI STEELS LTD SDG ASGN Ecor BADEARAPUR BDXX Ecor GCB SIDING PARADEEP PORT, PARADEEP CBSP Ecor DAITARI DATR Ecor HIRAKUD
    Annexure I (Para 1.9) List of loading points selected in sample S.no ZR Name of loading points Code 1 ECoR AARTI STEELS LTD SDG ASGN 2 ECoR BADEARAPUR BDXX 3 ECoR GCB SIDING PARADEEP PORT, PARADEEP CBSP 4 ECoR DAITARI DATR 5 ECoR HIRAKUD HKG 6 ECoR JAGDALPUR JDB 7 ECoR KIRANDUL KRDL 8 ECoR LAPANGA LPG 9 ECoR ARYAN ISPAT & POWER PVT. LTD MAIL 10 ECoR BHUSHAN STEEL LTD. SIDING MBMB 11 ECoR NMDC IRON ORE LOADING DEPOSITE NO. 5 SIDING - BACHELI NMDB 12 ECoR NMDC'S MALLINGER VALLEY SDG, KIRANDUL NMVK 13 ECoR NERGUNDI JN. NRG 14 ECoR NAYAGARH NYG 15 ECoR PORJANPUR PRNR 16 ECoR RENGALI RGL 17 ECoR SUKINDA ROAD SKND 18 ECoR VISHAKHAPATNAM-PORT VZP 19 SER BARBIL BBN 20 SER BARA JAMDA JN. BJMD 21 SER BADAMPAHAR BMPR 22 SER BANSPANI BSPX 23 SER BIMLAGARH JN. BUF 24 SER BARSUAN BXF 25 SER BOLANI FINE ORE OF M/S BSL BYFS 26 SER BOLANIKHADAN BYX 27 SER DEOJHAR DJHR 28 SER M/S ESSEL MINING & INDURSTRIES LTD'S PVT. SDG. EMIJ 29 SER NEW BUNKER SIDING OF M/S SAIL (NMDC) AT KRBU FOS 30 SER GUA GUA 31 SER GORUMAHI SANI GUMI 32 SER HINDUSTAN STEEL LTD. HLSR 33 SER M/S IRON & STEEL CO. SDG, MANOHARPUR IISM 34 SER BASPANI IRON ORE LTD. JARULI IOJB 35 SER BUNKER SIDING AT GUA FOR M/S. INDIAN IRON STEEL CO. LTD. ISCG 36 SER TISCO'S JODA EAST BIN, BANSPANI JMDT 37 SER JODA EAST IRON MINE PVT. SDG M/S TISCO JMTB 38 SER JODA EAST DIRECT ENTRY PVT.
    [Show full text]
  • Welspun Gujarat Crosses Coveted $ 1 Billion Mark
    BUSINESS UPDATE Welspun Corp Limited - ‘1 mn Ton’ Pipe Order Book - Significant contribution by International Operations - Well poised to get new prestigious orders Sales up by 12% in FY 12 and 24% in Q4 FY 12 Operating EBITDA sustained despite difficult market conditions Mumbai, May 29 2012: Welspun Corp Ltd. (WCL) the flagship Company of the $3.5 billion Welspun Group today announced its financial results for the FY2012 & 4th Quarter FY 2012. Consolidated Financial Summary of Q4 FY12 and FY 2012 (Figures in Rs. Million) Particulars FY 2012 FY 2011 Change % Q4 FY12 Q4 FY11 Change % Sales 89,766 80,221 12% 26,998 21,744 24% Other Income 2,676 1,139 135% 1,061 410 159% EBITDA 11,246 13,784 -18% 3,673 2,852 29% Interest 3,999 2,240 79% 1,157 755 53% Depreciation 3,515 2,439 44% 918 632 45% PAT 2,385 6,330 -62% 1,186 1,181 0% Cash PAT 6,192 9,700 -36% 2,360 2,218 6% EPS (Rs./Share) 9.71 28.66 -66% 4.53 5.41 -16% Reported EBITDA Margin (%) 12.5% 16.22% 13.60% 13.12% PAT Margin (%) 2.66% 7.89% 4.39% 5.43% Operational Numbers after accounting for exceptional items*: Particulars FY 12 Q4 FY 12 Operational EBITDA 10,467 1,551 PAT 3,685 469 CASH PAT 7,492 1,644 * FY12 operational performance was impacted by foreign exchange provisions of Rs ,1244 million and provisions made towards amicable settlement with a customer of Rs 649 million.
    [Show full text]
  • Welspun Corp Limited Notice
    WELSPUN CORP LIMITED Regd. Office : Welspun City, Village Versamedi, Taluka Anjar, Dist. Kutch, Gujarat – 370110 Corp. Office: 5th Floor, Welspun House, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 NOTICE EXPLANATORY STATEMENT AS REQUIRED UNDER SECTION 173(2) OF THE COMPANIES ACT, 1956 AND THE INFORMATION AS REQUIRED PURSUANT NOTICE is hereby given that the 18th Annual General Meeting of Welspun TO CLAUSE 49 OF THE LISTING AGREEMENT Corp Limited will be held on Tuesday, September 24, 2013 at the Registered Office of the Company at Welspun City, Village Versamedi, Taluka Anjar, Dist. BRIEF RESUME OF DIRECTORS BEING APPOINTED / RE-APPOINTED Kutch, Gujarat – 370 110 at 10.45 a.m. to transact the following businesses: 1. Re-appointment of Mr. Ram Gopal Sharma (Item No. 3 of the ORDINARY BUSINESS: accompanying Notice) 1) To receive, consider and adopt the Balance Sheet as at March 31, 2013 Mr.Sharma born in 1940 is a Commerce Graduate with Master Degree in and the Profit and Loss Account for the year ended on that date and the Economics. After rendering services for 35 years, Mr. Sharma retired as Report of Directors and Auditors thereon. Chief Executive from LIC Mutual Fund. He was also associated with Birla Sun Life Insurance Company Ltd. for 5 years. Presently, he is an adviser 2) Toconsider declaration of dividend on Equity Shares. and Consulting Faculty. 3) To appoint a Director in place of Mr. Ram Gopal Sharma (DIN 00026514), Details of directorship / membership of the Committees of the Board of who retires by rotation, and being eligible, offers himself for other companiesare as under: re appointment.
    [Show full text]
  • S.No. STATE NAME of the UNIT
    S.No. CODE STATE NAME OF THE UNIT SECTOR 0001 01CG001 Chattisgarh M/s Bharat Aluminium Company,Korba Aluminium 0002 01JH002 Jharkhand Hindalco Industries Co. Ltd., At- Chhotamuri, Ranchi Aluminium HINDALCO, Indian Aluminum Company Limited, P.B-1, Aluminium 0003 01KA003 Karnataka Belgaum-590 010. 0004 01KL004 Kerala HindalcoIndustries,AlupuramExtraction,Kalamaserry Aluminium 0005 01KL005 Kerala HindalcoIndustries,AlupuramSmelter,Kalamaserry Aluminium 0006 01OD006 Orissa HINDALCOIndustriesLtd,Sambalpur Aluminium NationalAluminiumCompany,(SmelterUnit),Angul,DistDhenk Aluminium 0007 01OD007 Orissa anal 0008 01OD008 Orissa VedantaAluminiumLtd,Bhurkamunda,Jharsuguda Aluminium M/s. The Madras Aluminium Company Limited, P.O. Box No. Aluminium 4, Mettur Dam.PIN -636 402. Salem District. 0009 01TN009 Tamilnadu 0010 01UP010 UP Hindalco Ind. Ltd.,Renukoot /Sonebhadra Aluminium 0011 02AS001 Assam BorakCement,ChangsariGuwahati Cement 0012 02AS002 Assam BorakvalleyCemnet,BadarpurghatKarimgang Cement 0013 02AS003 Assam CementInternational,Panchgram,Hailakandi Cement 0014 02AS004 Assam JKAvtarCement,Barnihat,Kamrup Cement 0015 02AS005 Assam Necemcement,Umarangshu,NCHills Cement 0016 02AS006 Assam PanchratanaCement,Garali,Jorhat Cement 0017 02AS007 Assam ProgressiveCementPvtLtd,Sonapur,Assam Cement 0018 02AS008 Assam PurbanchalCement,11thMile,Jorabat,kamrup Cement 0019 02AS009 Assam RiverValleyCement,Laximinagar,Cowkigate,Giwahati Cement 0020 02AS010 Assam SMCementIndustries,11thMile,JorbatKamrup Cement VinayCementsLtd,JamunaNagar,Umarangshu,NCHills,Assam
    [Show full text]
  • Impact of Industrial Relation Policies on Satisfaction Level of Employees at Rourkela Steel Plant”
    A Project Report On “Impact of Industrial Relation Policies on Satisfaction Level of Employees at Rourkela Steel Plant” Submitted in partial fulfilment of the requirements for the degree of Master of Business Administration (MBA) By BISWAJIT PAL 313SM1008 SCHOOL OF MANAGEMENT NATIONAL INSTITUTE OF TECHNOLOGY, ROURKELA April, 2015 1 SCHOOL OF MANAGEMENT NATIONAL INSTITUTE OF TECHNOLOGY, ROURKELA CERTIFICATE This to certify that the project entitled ― “Impact of Industrial Relation Policies on Satisfaction level of Employees at Rourkela Steel Plant”‖ submitted by Biswajit Pal bearing roll number 313sm1008 for the partial fulfilment of the requirements for the degree of Master of Business Administration embodies the genuine work done under his supervision. Place: Rourkela Signature of the Guide Date: 2 DECLARATION I do here by declare that this project report entitled ― “Impact of Industrial Relation Policies on Satisfaction level of Employees at Rourkela Steel Plant”‖ under the guidance of Professor Dr. Chandan Kumar Sahoo is my genuine work & is not submitted to anywhere else before. I have done this project for the partial fulfilment of requirement of my course curriculum of Master of Business Administration in Human Resource in School Of Management, NIT Rourkela. Place: Rourkela Biswajit Pal Date: 3 ACKNOWLEDGEMENT Successful completion of any project is incomplete without the mention of those whose continuous support and help was always needed to complete the project. At the very outset I take this opportunity to convey my heartfelt gratitude to those persons whose cooperation, suggestions and support helped me to accomplish the project successfully. I would like to express my sincere thanks and profound gratitude to my project guide for giving me his valuable guidance, support & constant encouragement to complete the project successfully.
    [Show full text]
  • Page 1 of 294 Ministry of Environment, Forest and Climate Change Impact Assessment Division (Industry-I Sector) SUMMARY RECORD O
    MoM of 1st meeting of the Re-constituted EAC (Industry-I) held during 26th to 28th November, 2018 Ministry of Environment, Forest and Climate Change Impact Assessment Division (Industry-I Sector) SUMMARY RECORD OF THE FIRST (1ST) MEETING OF RE-CONSTITUTED EXPERT APPRAISAL COMMITTEE HELD DURING 26TH TO 28THNOVEMBER 2018 FOR ENVIRONMENTAL APPRAISAL OF INDUSTRY-I SECTOR PROJECTS CONSTITUTED UNDER EIA NOTIFICATION, 2006. The firstmeetingof the Re-constitutedExpert Appraisal Committee (EAC) for Industry-I Sector as per the provisions of the EIA Notification, 2006 for Environmental Appraisal of Industry-I Sector Projects was held during 26th to 28thOctober 2018 in the Ministry of Environment, Forest and Climate Change. The list of participants is annexed. 1.0 Chairman welcomed all the members and briefed the procedure to be followed for appraisal of the projects. On behalf of the ministry, Member-secreatry briefed the provision of the EIA Notificaton, procedure to be followed during the appraisal of the projects. All the members unanimously selected Shri Jagadish Kishwan, IFS, former ADG, MoEFCC as vice- chairman. After welcoming the Committee Members, discussion on each of the agenda items was taken up ad-seriatim. First of all, the Committee confirmed the Minutes of the 36thmeeting of earlier Expert Appraisal Committee (Industry-1) held during 9th – 10hOctober,2018. 26thNovember 2018 (Narmada) 1.1 Proposed Technology Demonstration Plant (TDP) [For processing 1900 TPA of Zircon and 3500 TPA of Ilmenite] within the existing premises of Orissa Sands Complex of M/s Indian Rare Earths Limited at Orissa Sands Complex, village Matikhalo, Tehsil Chatrapur, District Ganjam, State Orissa.
    [Show full text]
  • WELSPUN CORP LIMITED Regd
    C rp Ltd WELSPUN CORP LIMITED Regd. Office : Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370 110 N O T I C E NOTICE is hereby given that the 15th Annual General Meeting of Welspun Corp Limited (formerly Welspun-Gujarat Stahl Rohren Limited) will be held on Tuesday the 31st day of August 2010 at the Registered Office of the Company at Welspun City, Village Versamedi, Taluka Anjar. Dist. Kutch, Gujarat - 370 110 at 10.00 a.m. to transact the following business: ORDINARY BUSINESS 1) To receive, consider and adopt the Balance Sheet as at 31st March, 2010 and the Profit and Loss Account for the year ended on that date and the Report of Directors and Auditors thereon. 2) To consider declaration of dividend on Equity Shares. 3) To appoint a Director in place of Mr. M.L.Mittal, who retires by rotation, and being eligible, offers himself for re-appointment. 4) To appoint a Director in place of Mr. K.H.Viswanathan, who retires by rotation, and being eligible, offers himself for re-appointment. 5) To appoint a Director in place of Mr. Rajkumar Jain, who retires by rotation, and being eligible, offers himself for re-appointment. 6) To consider and approve re-appointment of M/s. MGB & Co., Chartered Accountants as Statutory Auditors, who retires at the meeting and being eligible, offer themselves for re-appointment. By Order of the Board Place: Mumbai Pradeep Joshi Date: 27th April 2010 Asst. Company Secretary EXPLANATORY STATEMENT AS REQUIRED BY SECTION 173(2) OF THE COMPANIES ACT, 1956 AND THE INFORMATION AS REQUIRED PURSUANT TO CLAUSE 49 OF THE LISTING AGREEMENT.
    [Show full text]
  • FDI in Steel Industry Million Tonnes (MT) in FY20 and the Figure Is Anticipated to Rise to 300 MT by 2030-31
    STEEL April 2021 For updated information, please visit www.ibef.org Table of Contents Executive Summary 3 Advantage India 4 Market Overview 6 Recent Trends and Strategies 16 Growth Drivers 21 Opportunities 27 Key Industry Contacts 30 Appendix 32 2 Executive summary Strong growth opportunities Second-largest • Demand for steel from different sectors will producer of crude steel drive this industry. • Consumption of steel by India’s infrastructure • For the period April 2020 and February segment is expected to increase to 11% by 2021, India’s cumulative production of crude FY26. steel stood at 93.1 MT. • Steel demand from the automotive sector is • Between April 2020 and March 2021, India’s expected to increase due to rise in the cumulative production of finished steel demand for automobiles. finished steel at 76.04 MT. • The new Vehicle Scrappage policy will help in • SAIL reported 9% growth in crude steel reducing steel prices as the policy enables production for the Q3 FY21. The production recycling of materials used in old vehicles. stood at 4.37 million tonnes against 4 mt • On the healthcare front, key steel producers during the same period in FY20. are now exceeding their capacities to • Total crude steel production in India produce oxygen cylinders for COVID increased at a CAGR of 4.85% betwwen patients. FY16 and FY20, with the country’s output • The Smart Cities’ Affordable Housing and reaching 108.50 million tonnes per annum industrial corridors are a few government (MTPA) in FY20. intitivates to boost the steel industry • India surpassed Japan to become the • About 158 lakh metric tonnes (MT) of steel world’s second-largest steel producer in are likely to be consumed in the construction 2019, with crude steel production of 111.2 of houses sanctioned under the Pradhan million tonnes.
    [Show full text]
  • 5321440312.Pdf
    Regd. Office : Welspun City, Village Versamedi, Taluka Anjar, Dist. Kutch, Gujarat – 370110 Corp. Office: 5th Floor, Welspun House, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 N O T I C E be and is hereby inserted as Article 101(f): NOTICE is hereby given that the 17th Annual General Meeting of Meeting by Electronic Mode. Welspun Corp Limited will be held on Friday, September 14, 2012 101(f) Notwithstanding anything mentioned in these at the Registered Office of the Company at Welspun City, Village Articles, the Company may hold General Versamedi, Taluka Anjar, Dist. Kutch, Gujarat – 370 110 at 11.00 Meeting(s), Board Meeting(s) or Committee a.m. to transact the following businesses: Meeting(s) with participation of entitled persons by electronic mode including voting and any other ORDINARY BUSINESS: incidental thing(s) by electronic mode as may be permitted under applicable laws. 1) To receive, consider and adopt the Balance Sheet as at March 31, 2012 and the Profit and Loss Account for the year ended on b) After the existing Article 114(b), the following new Article that date and the Report of Directors and Auditors thereon. be and is hereby inserted as Article 114(c): 2) To consider declaration of dividend on Equity Shares. Service of Notice, Reports, Documents and other communications by electronic mode. 3) To appoint a Director in place of Mr. K.H.Viswanathan, who retires by rotation, and being eligible, offers himself for re- 114(c) Notwithstanding anything mentioned in these appointment. Articles, the Company may send any communication including notice of general meeting, annual report 4) To appoint a Director in place of Mr.
    [Show full text]
  • Dealtracker Providing M&A and PE Market Insights 7Th ANNUAL EDITION 2011 7Th ANNUAL EDITION 2011 Contents
    Dealtracker Providing M&A and PE market insights 7th ANNUAL EDITION 2011 7th ANNUAL EDITION 2011 Contents From the 3 - Foreword Editor's 4 - Year Round Up Desk 2011: 7 – M&A Round Up Mergers & Acquisitions 8 – Domestic 9 – Cross border 1026 13 – PE Round Up Private 14 – Top Deals and Sectors Equity 16 – PE – City Break up deals 17 – IPO &QIP Other 18 – Regulatory Aspects Features 20 – Deal List $54bn 7th ANNUAL EDITION 2011 Foreword Despite the on-going global economic woes, rising However, unlike the earlier years, we have not seen inflation and interest rates, weakening rupee and a any significant metal sector acquisitions on the “We witnessed a volatile stock market, 2011 has seen robust deal outbound or domestic front. The telecom sector which notable trend reversal in numbers. The year saw Mergers & Acquisition (M&A) typically used to contribute multibillion dollar levels of and Private Equity (PE) in India together clocking transactions has been caught up in the regulatory the year in cross border 1026 deals contributing to US$ 54 billion, as problems and we did not see any significant deal here M&A with focus shifting compared to 971 deals amounting to US$62 billion in also. 2010. from outbound to PE activity showed resurgence in the face of sluggish We witnessed a notable trend reversal in the year in IPO & QIP activity coupled with return in confidence inbound as compared to cross border M&A with focus shifting from outbound levels which were seen lacking in 2009 and the first 2010. Of the 10 billion to inbound as compared to 2010.
    [Show full text]
  • Welspun Corp Limited Notice
    WELSPUN CORP LIMITED Regd. Office : Welspun City, Village Versamedi, Taluka Anjar, Dist. Kutch, Gujarat – 370110 Corp. Office: 5th Floor, Welspun House, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 NOTICE EXPLANATORY STATEMENT AS REQUIRED UNDER SECTION 173(2) OF THE COMPANIES ACT, 1956 AND THE INFORMATION AS REQUIRED PURSUANT NOTICE is hereby given that the 18th Annual General Meeting of Welspun TO CLAUSE 49 OF THE LISTING AGREEMENT Corp Limited will be held on Tuesday, September 24, 2013 at the Registered Office of the Company at Welspun City, Village Versamedi, Taluka Anjar, Dist. BRIEF RESUME OF DIRECTORS BEING APPOINTED / RE-APPOINTED Kutch, Gujarat – 370 110 at 10.45 a.m. to transact the following businesses: 1. Re-appointment of Mr. Ram Gopal Sharma (Item No. 3 of the ORDINARY BUSINESS: accompanying Notice) 1) To receive, consider and adopt the Balance Sheet as at March 31, 2013 Mr.Sharma born in 1940 is a Commerce Graduate with Master Degree in and the Profit and Loss Account for the year ended on that date and the Economics. After rendering services for 35 years, Mr. Sharma retired as Report of Directors and Auditors thereon. Chief Executive from LIC Mutual Fund. He was also associated with Birla Sun Life Insurance Company Ltd. for 5 years. Presently, he is an adviser 2) Toconsider declaration of dividend on Equity Shares. and Consulting Faculty. 3) To appoint a Director in place of Mr. Ram Gopal Sharma (DIN 00026514), Details of directorship / membership of the Committees of the Board of who retires by rotation, and being eligible, offers himself for other companiesare as under: re appointment.
    [Show full text]
  • Welspun Global Brands Limited Welspun Maxsteel Limited
    WELSPUN ENTEPRISES LIMITED Registered Office: Welspun City, Village Versamedi, Tal : Anjar, Dist. Kutch, Gujarat -370 110. Tel: +91 2836 662222 Fax: +91 2836 279010 E-mail: [email protected] Website: www.welspunenterprises.com Contact Person: Mr. Rajendra Sawant, Company Secretary & Compliance Officer Welspun Enterprises Limited was originally incorporated as “Welspun Infra Enterprises Private Limited” on 5th November, 2012 under the Companies Act, 1956. Subsequently the Company was converted into a public company and the name of the Company was changed to “Welspun Infra Enterprises Limited” w.e.f. 9th April, 2013. Subsequently the name of the Company was changed to “Welspun Enterprises Ltd” w.e.f. 11th June, 2013. The main object of the Company was changed to enable the Company to do trading in commodities, metal products including steel and other goods used in industrial and other commercial activities, as its main business w.e.f. 22nd January, 2014. The Hon’ble High Court of Gujarat at Ahmedabad by its order dated 10th January, 2014 has approved the Scheme of Arrangement between Welspun Corp Limited and the Company and their respective members and creditors, pursuant to which, inter alia, the Other Business Division of Welspun Corp Ltd was transferred to the Company and in consideration thereof, 1 (One ) equity share of the Company was issued for every 20 (twenty) equity shares of Rs.5 each of Welspun Corp Ltd held on the Record Date fixed for the purpose and accordingly, 1,31,47,415 equity shares of Rs.10/- each were allotted to the shareholders of Welspun Corp Ltd.
    [Show full text]