DGTR for anti-dumping duty on Chinese chemical used in paper, paint industry

New Delhi: The commerce ministry’s investigation arm DGTR has recommended imposition of an anti-dumping duty of up to USD 681 per tonne on imports of a Chinese chemical used in paper and paint industry. The imposition of the duty would guard domestic producers of ‘Titanium Dioxide’ from cheap Chinese imports. In its final findings, the […]

Exim Bank to provide USD 300 mn credit to Vietnam for guard boats, patrol vessels

Mumbai: The Export Import Bank of India will provide lines of credit totalling USD 300 million to Vietnam for procuring high-speed guard boats and offshore patrol vessels. The Exim Bank had entered into an agreement on July 31, 2024 with the Government of the Socialist Republic of Vietnam (GO-VNM), for making available to the latter, […]

EIL eyes nuclear expansion, overseas business push

New Delhi: State-owned Engineers India Ltd is looking to foray into nuclear projects as an extension of its extensive work in the hydrocarbon arena, and more business in the overseas market particularly in the Middle East and North Africa, its chairman Vartika Shukla said. EIL is an engineering consultancy and project management company that has […]

GAIL to exit US shale venture

New Delhi: State-owned gas utility GAIL (India) Ltd plans to exit its shale gas venture in the US, following in the footsteps of Reliance Industries Ltd and Oil India Ltd. India’s largest gas transportation and marketing company has floated a tender to sell its 20 per cent interest in Eagle Ford Shale Assets in Texas […]

Japanese automakers Honda, Nissan, Mitsubishi drop their talks on business integration

Tokyo: Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration. Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting up a joint holding company to making Nissan into a subsidiary of Honda. “The intent was to join forces to win in the global competition, but […]

BHEL bags order to install boiler package at Raghunathpur thermal plant

New Delhi: State-owned engineering firm BHEL on Thursday said it has bagged an order for installing steam generator (boiler) island package at 2×660 MW Raghunathpur Thermal Power Station (TPS) Phase-II, in Purulia district of West Bengal. The order has been placed by Damodar Valley Corporation (DVC) through the international competitive bidding (ICB), the company said […]