According to Urvisha H Jagasheth, analyst at CARE Ratings, production of domestic refined copper in India is expected to see a 36% drop in FY19.
For Tamil Nadu, the closure comes at a time when manufacturing investments are sliding. Actual fresh investments in the state fell three-fold to 1,574 crore in 2017 from 4,793 crore in 2016.
The platform, currently in its beta stage, will allow users to discover and connect with specialised wedding service providers across various categories, Prabhakar said.
The police opened fire again on Wednesday to control unruly crowds demanding closure of the Vedanta unit, resulting in the death of a 22-year-old man and injury of other
At least 30 people were injured, Tuticorin district collector N Venkatesh told ET on the phone on Tuesday, adding that the death toll may rise because two people were in critical condition.
The capex, group CFO Sridharan Rangarajan said would be allocated towards a gas-based power plant in silicon carbide maker Volzhsky Abrasive Works, a Carborundum Universal subsidiary.
Umesh Sachdev, co-founder & CEO, Uniphore, said, "Entry into the US market will catapult us to the next level as it is the biggest market for our products.”
Despite challenges in locating premium real estate in tier 2 cities for expansion, Montblanc’s sales in smaller towns have been growing through its joint venture with Indian watchmaker Titan and new ecommerce channels.
"Out of our 30% export portfolio, about 80% is to North American automotive companies, and we would look to expand our business more there in the coming years," said Arathi Krishna.
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