Bhilai Steel Plant (BSP), the flagship entity of the Steel Authority of India Limited (SAIL) had started the fiscal 2013-14 on a positive note over the production parameters in the plant.After having achieved cent per cent fulfilment of Annual Business Plan (ABP) in production of hot metal and saleable steel in month of April 2013, the Plant has in the month of May 2013 achieved a fulfilment of 103.2 per cent, 102.1 per cent and 100.0 per cent of the ABP for hot metal, crude steel and saleable steel, respectively.A statement issued by the company said that the production of 32,080 Tonne 26-Meter rail from rail and structural mill in May 13 had been the best ever monthly performance surpassing the previous best of 32,078 T, achieved in the month of December 2012.The production of special steel in May 2013 was at 61.5 per cent with respect to total saleable steel production.Cumulatively for the first two months of the year, the Plant has registered a growth of 1.5 per cent, 1.9 per cent

BSP achieves record production

BS Reporter

To quit as people had rejected his governance

Lalu asks Nitish Kumar to quit

Press Trust of India

Says the defeat "does not reflect the mood of the common man"

Maharajganj result not a cause of tension: Modi

Private equity (PE) flows into the micro finance space in India had come down in 2012 on worries over the margin cap on micro finance institution (MFI) loans, in addition to the existing uncertainties that continue to haunt the micro credit sector.According to VC Circle data, the value of the PE deals in calendar year 2012 stood at $104.5 million, compared to $113.04 million in the previous year and far lower compared with $146 million in PE flows reported in 2010.However, the increased flow of debt-funding kept the party going for the MFIs, which was also reflected in 23 per cent growth in gross loan portfolio of 41 member-firms of the Micro Finance Institutions Network (MFIN) in FY13. Some believe the steep rise in debt-funding last year was also a result of the cautious approach by PE funds in taking fresh calls for the sector.Insiders say the micro credit sector became too predictable, compared to what it used to be in the no-regulatory time when some MFIs were charging up to 40 pe

Margin cap on MFI loans worries PE players

Business Standard

Top five PE deals this yearThe top five deals accounted for 35.02% of deal value. In the largest deal, Blackstone Real Estate, Embassy Property, HDFC Property Fund and GIC Special Investments invested $367.64 million in Vrindavan Tech Village

A snapshot of PE activity & deals

Senior executives change jobs as new platforms emerge

Big churn in realty PE

Interview with MD, Advent India PE Advisors

Going slow is not a deliberate decision: Shweta Jalan

The fund house's AUM has grown 31.75 per cent from Rs 13,200 crore in 2010-11 to Rs 50,000 crore in 2012-13

SBI MF edges back from the brink

Production and prices have been stagnant for several years, but the company's cost-cutting drive is showing results

The secret behind the jump in CIL's profit

The Goa government is contemplating introduction of study of garbage segregation and management as a part of curriculum for school students."We are awaiting the decision from state education board whether awareness and teaching on garbage segregation and management can be a part of school project," state environment minister Alina Saldanha told reporters here today.Teachers from 129 schools have been educated on the garbage management so that they can teach it to the pupils, she said.The state government will encourage students to collect garbage and learn to segregate it. "Incentives can be given to students depending on the amount of garbage they collect," the minister said.Saldanha was speaking on the sidelines of a function organised to sign a MoU between Goa State Pollution Control Board and Vasavdatta Cement for consuming the plastic garbage."It is important to educate youngsters about bad effects of garbage littering and ways to segregate the waste. Once a student is educated he

Goa govt likely to make garbage mgmt part of school curriculum

Vasavdatta Cement, a company with its plant in Karnataka, would be procuring the plastic waste collected by the state agencies and village panchayats from Goa

Cement co to use plastic waste as fuel in Goa

Wants committee headed by Minister of Commerce and Industry to draft policy

Assocham stresses on enhancing capacity of MSMEs in MP

With gap between diesel, petrol reducing rapidly, demand shifts back to petrol cars

A'bad used-car dealers reduce margins to liquidate inventory

Company issues LoI to Lanco for 600 Mw lignite-based power project at Mangrol

GIPCL to invest Rs 4,200 cr for lignite power plant

The home minister said that suspesion of operation (SoO) agreements had been entered with various insurgent groups, which had shown willingness to give up violence and seek solutions for thier problems peacefully withing the Indian contitution

Centre's 'stategies' helped bring down violence in NE: Shinde

The rupee's depreciation against the US dollar has continued. As on June 4, 2012, the rupee stood at 55.67 against the dollar. A year later, it closed at 56.45 on June 4, 2013. The most affected segment due to rupee depreciation has been higher education abroad. Since June-July is the period when students are expected to pay the full fees for admission in an international institute, a snapshot of the cost for pursuing an MBA from top five universities (according to 2013 QS Rankings) in the US

Rupee depreciation makes foreign education costlier

The BJP had decided not to field candidate following instruction from the party's national president

Margin drop a warning to Trinamool: BJP

Raman Singh says it violates the federal structure of the Constitution

Chhattisgarh opposes NCTC

Asked if she is ready to lead any non-Congress, non-BJP alliance at the Centre after the next Lok Sabha election, she said, 'I don't want any chair'

Regional parties will do well in next Lok Sabha poll: CM

The demand for additional CRPF troops was raised by Patnaik at the conference of chief ministers on internal security in New Delhi

CM seeks more troops for anti-Naxal ops

Congress blamed the Naveen Patnaik and his team for encouraging the chit fund companies and demanded that criminal cases be filed against them

Cong demands CBI probe on chit scam

- Find Specials News, Features, Analysis and more at Business Standard. Business Standard brings in-depth coverage of major events, issues and developments in India

Page 1212 - Specials News