Guild International » crore

A-I travel agents open to waiving commission

Indian steel industry news — Sun, 09 Aug 2009 13:04:00 +0000

The Travel Agents Association of India (TAAI) says its 2,400 active, allied and associate members may agree to waive the commission charged on Air India tickets booked by agents if the loss-making airline asks for this. The move could save A-I around Rs 300 crore annually.

Air India looks at new revenue streams

Indian steel industry news — Sat, 08 Aug 2009 12:31:00 +0000

Plans to rake in Rs 900 crore from marketing engineering, cargo & training services.

Karnataka government plans 300-km 'steel corridor' – MSN India

Indian steel industry news — Sat, 08 Aug 2009 02:41:00 +0000

Chennai: The Karnataka government is planning to develop a 300-km ‘steel corridor’, which they hope will attract investment worth Rs 20,000 crore from the steel majors. As part of the development, the idea is for a nuclear power plant, a port and …

Berger Paints to set up new unit in south

Indian steel industry news — Fri, 07 Aug 2009 13:19:00 +0000

Berger Paints India will be investing Rs 100 crore from internal accruals in a 100,000 tonnes per annum (tpa) water-based paints plant in South India, that will also have a captive emulsions manufacturing unit.

India Cements gets nod to raise $100mn

Indian steel industry news — Fri, 07 Aug 2009 12:55:00 +0000

City-based cement major India Cements has received approval for raising around $100 million (Rs 500 crore). The company informed the BSE that the members at the 63rd AGM held today approved the issuance of equity/equity-linked securities in Indian/foreign markets, qualified institutional placement for an amount not exceeding $100 million including premium.

Tata Steel plans Rs 40k cr push – Economic Times

Indian steel industry news — Fri, 07 Aug 2009 12:36:00 +0000

JAMSHEDPUR: Tata Steel plans to invest Rs 40,000 crore over the next five years to ramp up its production capacity to 16 million tonne. The company has decided to complete the expansion of its Jamshedpur facility from the current 6.8 million tonne to …