McLeod Russel India Ltd. (MRIL), the world’s largest tea plantation company, is engaged in cultivation, production and marketing of tea. The company produces over 70 million kilos of tea from 53 tea estates in 34,000 hectares land spread across Assam and West Bengal. The company operates in India and outside India and accounts for approximately 7.7% of the total tea production in India and approximately 2% of the...
Q4FY09 is likely to be a sequentially better quarter for India, in terms of overall real growth. Strong consumption growth remained intact during the quarter with the positive impact of GOI’s VI Pay Commission and reduction in the trade deficit as compared to the previous quarters. As Q4FY09 results are approaching, we have following expectations for different sectors and companies.
Automobiles
During the...
Posted by
rupa on Mar 19th, 2009 in
Commodity,
Power |
0 comments
Year 2009 is another significant milestone and a moment of pride for the Indian commodity markets. India has joined the select group of developed countries, which offers electricity futures on an exchange platform. With this MCX has now further diversified its basket of energy products after crude oil, furnace oil, natural gas and aviation turbine fuel.
India’s commodity futures exchange MCX (Multi Commodity...
Posted by
tarun on Feb 4th, 2009 in
Oil & Gas |
0 comments
Gujarat Gas Company Limited (GGCL), incorporated in 1980, is India’s largest private sector player in the business of procurement, transmission, distribution and utilization of natural gas through pipelines from sources of supply to Industrial, commercial, domestic and automobile (CNG) segments. The Company also builds pipelines required to make the gas available to the end customer. The other activity of GGCL...
CII pre-Budget memorandum for the Union Budget 2009-10
The Confederation of Indian Industry in its pre-Budget memorandum for the Union Budget 2009-10 has suggested single window information on the foreign direct investment, preferably through the Ministry of Overseas Indian Affairs.
§ CII has suggested maintenance of comprehensive statistics on all FDI in SME sector.
§ To encourage FDI participation by NRIs in...