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JSPL's Raigarh plant achieves 10k ton of steel prod/day record

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Press Trust of India New Delhi
Naveen Jindal-led JSPL today said the Steel Melting Shop (SMS) at its Raigarh (Chhattisgarh) facility produced a record 10,000 tonnes of crude steel in a single day.

"This highest production based on DRI (Direct Reduced Iron) and hot metal is a testimony of the company's operational excellence in steel making," the company said in a statement adding, this is a "benchmark in steel production".

JSPL overhauled and upgraded the Raigarh steel facility, which included modernisation of two blast furnaces, Electric Arc Furnaces, plate mill and slab caster.

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Silver Emporium plans to open 10 retail outlets in next 2 yrs * Silver Emporium Ltd (SEL), one of the largest manufacturers and exporters of silverware and silver articles, is expanding its presence by opening 10 new retail outlets across the country.
 

The company is also planning to enter into fashion jewellery and accessories brand.

We have opened two new retail outlets in Mumbai and Chennai and plan to open 10 new outlets in the next two years' period. The company already has presence in Mumbai, Bangalore, Hyderabad and Jaipur, SEL Managing Director Rahul Mehta said in a statement here.

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'Architecting Intelligence' Conference on June 20 * Envestnet India, in association with National Association of Software and Services Companies, will host the NASSCOM Tech Series "Architecting Intelligence" conference on June 20.

Envestnet India Executive Vice-President and Senior Managing Director of Engineering, Anilal Ravi said that the conference would provide software architects with insight into how software design and architecture would evolve in the near term and how they can take advantage of deep learning algorithms, Big Data analytics, and cloud computing.

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Idea Cellular records highest RMS growth in Q4 FY15 * Telecom operator Idea Cellular today said that it has maintained its track record of being the fastest growing operator India by recording a highest revenue market share growth in fourth quarter as well as in fiscal year ended March 31, 2015 as per TRAI data.

Idea in a statement said that it has recorded "RMS growth of 1.6 per cent in fourth quarter of financial year 2015 and 1.3 per cent in FY'15" over corresponding period a year ago, as per the financial report released by TRAI recently.

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First Published: Jun 15 2015 | 9:57 PM IST

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