Daily Fasteners and Fixings News by Bazibaza

India

MIP effect- prices of locally manufactured raw material shoot up by Rs. 2,500 per ton – Times of India

 Ludhiana: Days after TOI reported that the Union government's decision for fixing minimum import price (MIP) of 173 iron and steel items may prompt local steel manufacturers to hike the prices of some locally made items, the furnace industry on ... [Read More]
2016/02/15

SteelFab success underscores strength of manufacturing sector – Zawya

 The strong growth achieved by the SteelFab 2016 trade fair, which concluded at Expo Centre Sharjah on January 20, has given credence to the fact that the manufacturing sector is playing a key role in helping the country's economy withstand the ... [Read More]
2016/02/15

Sundram Fasteners Q3 net jumps 39% – The Hindu

 Sundram Fasteners has reported 39 per cent increase in its net profit at Rs.41.75 crore for the quarter ended December 31, 2015, against Rs. 30.13 crore in the year-ago period, on the back of strong operating performance, aided by lower cost of raw ... [Read More]
2016/02/05

Sundram Fasteners to issue NCDs to raise Rs 300 crore | Business Standard News

 Sundram Fasteners has issued a postal ballot to take the shareholders' approval for its proposed fund raising through non-convertible debentures (NCDs) upto a limit of Rs 300 crore. The objective of raising funds through issue of debentures is to ... [Read More]
2016/02/03

In step with your business | Fastener+Fixing

 As recent headlines have highlighted, these are tough times for the steel industry. Tata Steel’s Scunthorpe Rod Mill is meeting the challenge head on, growing sales of rod – especially in the fastener sector – through targeted product develo... [Read More]
2016/01/29

Lakshmi Precision Screws approves sale of 49% in LPS Bossard – indiainfoline

 Lakshmi Precision Screws Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 25, 2016, has transacted the following: 1. The company approved the sale of the entire stake of 49% of LPS Shares in LPS ... [Read More]
2016/01/27

SteelFab 2016 kicks off with 1,000 brands – Khaleej Times

 The 12th edition of SteelFab 2016 kicked off on Sunday with around 1,000 brands on display from 43 countries.The show is bigger than last year in terms of size and exhibitors and a significant increase in visitors is also expected this year, ... [Read More]
2016/01/20

Arathi Krishna: Fast Mover and Shaker – The New Indian Express

 Her love for machines drew the daughter of Suresh Krishna, CMD of Sundaram Fasteners Ltd (SFL), to the oil and grime of factories where high tensile fasteners are made. Under her, SFL’s income rose 16 per cent to `3,238 crore in the last fiscal, ... [Read More]
2016/01/01

Fastener Fair India, New Delhi 2016 – Exhibition for Fastener and Fixing Technology

 Fastener Fair India, the trade show exclusively dedicated to fastener and fixing technologies returns to the country for the fourth time in 2016. Building on three successful editions in Mumbai, the exhibition will take place in New Delhi for the ... [Read More]
2015/12/22

Yum Restaurants, EMC Software among Nipman Equal Opportunity Award winners | NetIndian

 Yum! Restaurants, the world’s largest fast food restaurant brand, along with IT major EMC Software and Solutions won the coveted Nipman Equal Opportunity Awards here yesterday evening for their immense contribution in providing equal economic ... [Read More]
2015/12/14