BorgWarner had signed a multimillion dollar contract with Chrysler to produce Torque-On-Demand and part-time transfer cases for all Chrysler’s four-wheel drive Ram trucks.
The cement demand-supply gap in Uttar Pradesh is expected to continue for few more years as the demand will continue to outpace capacity additions.
Cement majors, ACC and Ambuja Cements, believe that margins will be under pressure as cement price will remain stable in the short-term owing to glut in the market.
Against the backdrop of the widening demand-supply gap, India's coal shortage may soar to 200 mn tonne by 2017 compared to 142 mn tonne by 2012.
Industry watchers expect Bangalore's commercial real estate stock (Grade A occupied and vacant office space) to rise to 100 million square
Cement companies extended a recent winning streak on continued hopes that cement prices will rise on the back of stronger seasonal-related demand.
Bengaluru's residential real estate market continues to remain robust and has bucked the slowdown that's being felt in Mumbai and the National Capital Region. Bangalore is seen to be holding out because of more realistic pricing and end-user demand.
In order to cater to the varied demands of market and also to raise sales, Union Steel Minister Beni Prasad Verma asked steel companies to innovate and manufacture products that can be used in households. The minister said this after inaugurating the steel pavilion at the India International Trade Fare (IITF) 2012. This year’s theme for the pavilion was ‘Skilling India’ which depic
After a spectacular performance in the last September quarter most of the cement companies continued their good run up on the bourses. The revenues and profitability are being driven by volume growth in high margin white cement as well as grey cement. White cement volume grew good 24.9 per cent year-on-year and 9.4 per cent sequentially in the back of strong demand.
Industry players feel that the road construction sector is on the path to recovery with the government announcing new norms for road development. It is learnt that the improvement in the project award and execution has caused a sudden surge in demand for...
