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JSW Steel posts 30 p c growth

Chennai, Mar 5 (UNI) JSW Steel Limited has registered a 30 per cent growth in crude steel production in February, notwithstanding the shutdown of one of its furnaces due to accidental fire last month.

Apart from this, HR Coils also posted a 27 per cent growth, HR Plates 103 per cent and Pre-Painted GI 167 per cent in February over the corresponding period previous year, a release said here today.

The volume growth was achieved across all the company items excepting galvanising products.

The 1.3 MTPA expansion project commissioned in November 2006 was also operating above 80 per cent capacity.

The work on re-commissioning the closed furnace was in full swing and was expected to be on stream in April, the release added.

UNI

Granules India to set up JV in China

Mumbai, Mar 6 (UNI) Chinese Government today gave an official permission to Granules India to set up a joint venture with Hubei Biocause Heilen Pharmaceutical Company Ltd of China. Informing the BSE, the company said it had, on October 12, 2006, signed a MoU with Biocause of China. Subsequent, the Government of China gave an official sanction to convert MoU into an agreement for the JV. Accordingly, the JV in the name of Hubei Granules Biocause Pharmaceutical Co Ltd has been.....

J M Financial Mutual Fund launches J M Small

Mumbai, Mar 6 (UNI) J M Financial today announced the launch of its J M Small.....

Airtel crosses 3 mln customers in Delhi

New Delhi, Mar 6 (UNI) Leading mobile services provider Airtel has crossed the three-million customer mark in the capital, even as it plans to increase the number of cell sites in Delhi and NCR by over 30 per cent in fiscal 2007-08. Airtel has over 2,300 cell sites in Delhi and NCR currently. It also plans to increase its number of Airtel relationship centers by 20 per cent from the present 65. Airtel also has close to 15,000 retail outlets......
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