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PARMOD SAGAR
Steel industry players say Union Budget's push towards infra, MSME to support demandThe FY27 budget is set to boost India's economy and steel demand. Increased capital spending, support for industrial clusters, and a focus ...
Experts expect Feb 1 Budget to provide incentives without compromising fiscal prudenceIndia Budget Finance Minister Nirmala Sitharaman is anticipated to deliver rationalised tax rates and incentives in the upcoming Budget to ...
RHI Magnesita India aims to garner 40% refractories market share in four years backed by acquisitions, fresh capexIn an interview with PTI, Parmod Sagar, MD & CEO of RHI Magnesita India, said, "the steel sector is in a bullish phase, and steel majors ex...
Vienna-based RHI Magnesita to buy Dalmia Bharat Refractories' refractory business for Rs 1,708 crThis transaction represents a strong commitment from the senior management to continue strengthening the company's operations in\ India and...
RHI Magnesita plans to invest Rs 400 crore in India to scale up refractory capacity: CEOAt present, the company produces 1.42 lakh tonne (LT) refractory material at three plants located at Bhiwadi, Visakhapatnam and Cuttack, CE...
RHI Magnesita's two Indian businesses merge with Orient Refractories Limited“From the material on record, the Scheme of Amalgamation appears to be fair and reasonable and is not violative of any provisions of law an...
RHI Magnesita integrates West Asia, Africa business with operations in IndiaThe move which came into effect from August 1, is part of its global strategy wherein India has been placed as a growth market and the glob...
RHI hopes to soon get a nod to merge India armsAfter the merger, its three arms — Orient Refractories, RHI Clasil and RHI India — will become a single entity, RHI Magnesita India.
Refractory makers for partnership between stakeholdersDomestic refractory makers also recognised the importance of localisation which has helped them offer their best services and not just prod...