India Business

NALCO Intends To Set Up A Plant In South Africa

Subbarami_ReddyThe National Aluminum Company Ltd (NALCO) is intending to set up a 0.5 million ton capacity aluminum plant in South Africa. The new plant would use local mineral resources as its raw material.

During his visit to South Africa earlier this week, the Indian Minister of State for Mines, Subbarami Reddy, had the preliminary discussions on the plan with the the Head of Mining and Steel Ministry of South Africa, Sandile Nogxina.

Reddy, who was with Prime Minister Manmohan Singh during his visit to Nigeria and South Africa, revealed NALCO’s intent on establishing the plant to Nogxina.

SEBI May Offer 18 Months More To FIIs To Pare P-Notes

P_ChidambaramNew Delhi: The Finance Minister, P.

Moser Baer To Raise $100 Mn Via Private Equity For Photo Voltaic Arm

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Ambuja Cements Falls On Open Offer Delay

AmbujaCementMumbai: Ambuja Cements Ltd has turned down 3.86 per cent to Rs 139.60 after Swis

Indian Users Want More In Low-Priced Mobile Phones - IDC Study Report

Bangalore: IDCIndian users have complained that entry-level mobile handsets are not fun enough.

Macquarie Bank Buys 50% Of Religare’s Wealth Management Arm

macquarie_bankSydney-based Macquarie Bank has taken over 50 percent stake in Religare Ente

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