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RHI MAGNESITA CEO
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 ...
- Global markets for refractories shrinking, only India, the Middle East offer Growth: RHI Magnesita CEO Stefan BorgasRHI Magnesita, the world's leading refractory producer, sees India as its only growth market. While the global market shrinks, the company ...
- Saurabh Mukherjea on 3 ways 2024 will be different from 2023Saurabh Mukherjea expects a resurgence in private sector capex, growth in IT services and engineering R&D companies, and a pick-up in priva...
- Non-US multinationals set to join GCC gold rush in IndiaANSR, a company that helps Fortune 500 enterprises build, scale, and run GCCs, said at least 125 of the Fortune 500 enterprises have their ...
- 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...
- RHI Magnesita India raises Rs 900 cr via QIPThe Rs 900 crore-proceed raised from the QIP will be used to finance company's growth through acquisition and in the modernisation of our o...
- RHI Magnesita investing Rs 3,600-cr in India to expand capacity: CEO Stefan BorgasVienna-based RHI Magnesita is investing Rs 3,600 crore in the Indian market over the next two-three years to increase its production capaci...
- Acquisitions, margin focus put RHI Magnesita India in sweet spotThese developments are positive for the company’s India listed stock, which has gained nearly 30% in the past three months. However, it tra...
- Stocks in the news: Archean, Five Star, ONGC, Tata Motors, NMDC and ZomatoArchean Chemicals and Five Star Business Finance will make their Dalal Street debut on Monday after both company's issue aggregating to Rs ...
- 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...
- The week that was: Solara Active Pharma shines amid broader sellingShares of airline companies were under pressure as air turbine fuel prices hit record highs. Surging fuel prices will hit already thin marg...
- Biggest gainers & losers of the day: Solara Active Pharma drops 20%, Schneider zoomsSolara Active Pharma hit lower circuit for the second straight session. Coastal Corp tanked over weaker sentiments
- 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...
- India’s refractory companies look for new sources to reduce dependence on ChinaKey refractory companies have already held conversations with leading metal and steel makers like Tata Steel, JSW Steel and Steel Authority...
- 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.
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