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Russian exports propel Torrent's bottomline

Jan 28, 2000

On 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, 1999

According 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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