On the strength of improving global cues and firming up of international pricing, Indian steel mills are considering price increases in January. Domestic orders, though, are still on the low side. First indications point to price increases of $500 per tonne for flat-coated products, which have been hardest hurt by growing imports and price variations….
Muthoot Finance has launched its 28th public issuance of secured redeemable non-convertible debentures (NCDs) with a face value of $1,000 each and a base issue size of 75 crores, with an option to retain oversubscription up to 225 crores, aggregating to a tranche limit of 300 crores. The cash raised will be used largely for…
Copper prices are anticipated to decline for the remainder of the year after falling over 30% after reaching a new high on March 4, while supply issues are likely to prevent a dramatic decline. According to research firm Fitch Solutions Country Risk and Industry Research, a division of the Fitch Group, “persistent supply issues in…
Auto parts manufacturers’ revenues are expected to grow by 8-10 per cent in FY23, supported by stable demand in the vehicle sector and likely easing of supply chain related limitations in the second half of the fiscal, according to a report by rating agency ICRA. In the last fiscal year, 31 auto component companies with…
