GGEL bags Rs 21-crore iron ore supply order from an industrial group

G G Engineering Ltd (GGEL) has received an iron ore supply order worth Rs 21 crore, the company said on Sunday. The order bagged from an industrial group will be completed within next 30-45 days, GGEL said in a statement. “GGEL has received order valued Rs 210 million for supplying iron raw… Continue reading GGEL bags Rs 21-crore iron ore supply order from an industrial group

Critical industrial capacity woes in Kavach rollout: Railway Chairman

The Ministry of Railways’ efforts to expedite the deployment of the Kavach anti-collision technology, amidst rising safety concerns, are being hampered by significant industrial capacity constraints, according to Anil Kumar Lahoti, the Chairman of the Railway Board. “Kavach is already in operation across more than 1,465 route kilometres (rkm) with work ongoing for… Continue reading Critical industrial capacity woes in Kavach rollout: Railway Chairman

Lucknow emerging as industrial & logistic hub; sector to generate 70K direct jobs in next 5 yrs: CBRE

Lucknow region is emerging as a key industrial and logistics hub in North India after Delhi-NCR as the warehousing sector is estimated to generate 70,000 direct employment opportunities over the next five years, according to property consultant CBRE. In a statement on Thursday, CBRE South Asia said that Lucknow region has witnessed about… Continue reading Lucknow emerging as industrial & logistic hub; sector to generate 70K direct jobs in next 5 yrs: CBRE

Retail inflation for industrial workers rises in June due to higher prices

Retail inflation for industrial workers inched up to 5.57 per cent in June compared to 4.42 per cent in May this year, mainly due to higher prices of certain food items. “Year-on-year inflation for the month stood at 5.57 per cent compared to 4.42 per cent for the previous month (May) and 6.16… Continue reading Retail inflation for industrial workers rises in June due to higher prices

Stock of this smallcap industrial products company has zoomed 90% in July

Shares of Lloyds Steels Industries hit a record high of Rs 44.74, as they rallied 16 per cent on the BSE in Monday’s intraday trade amid heavy volume. The stock of industrial products company quoted higher for the third straight day, surging 35 per cent during the period. Thus far in the month of July,… Continue reading Stock of this smallcap industrial products company has zoomed 90% in July