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Russian exports propel Torrent's bottomline
Jan 28, 2000On a 34% growth in the topline Torrent Pharma's net profit has more than tripled. This is primarily due to the export orders from Russia which are far more profitable than the domestic formulation sales.
Steel floor price may be slashed
Nov 2, 1999According to newspaper reports, the government is considering a move to cut the floor price for import of hot rolled coils from US$ 302 to US$ 254 per tonne. The move is consistent with the demands of the user industries that have been demanding either the removal or a sharp reduction in the floor price.
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