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VOLZHSKY ABRASIVE WORKS
VAW strategy to deal with Russia-Ukraine conflict will affect parent CUMI’s standingOn the morning of February 24, Russia began its invasion of Ukraine. The global trade situation has never returned to normality since then....- Stocks in focus on May 17, 2018Here is a list of top stocks that are likely to be in focus in today's trading session.
- Murugappa Group to invest Rs 2000 crore in capital expenditure over the next two fiscalsThe capex, group CFO Sridharan Rangarajan said would be allocated towards a gas-based power plant in silicon carbide maker Volzhsky Abrasiv...
- ET 500: What makes Carborundum Universal (CUMI) a mini General Electric in the makingA focussed acquisition policy and diversification into innovative verticals will help CUMI ride the surge in global & local orders.
- Cumi delays Russian expansion plans by 6 months on power cost woesCumi has decided to delay its Russian expansion plan by six months, hit by a 16% increase in power cost there.
- Carborundum Universal buys 84 pc stake in Russian firmCarborundum Universal Ltd says it has acquired majority stake in a Russian firm for $37 million (about Rs 150 crore).
- Carborundum to buy Russia's VolzhskyCarborundum Universal will acquire 84.14% stake in Russia's Volzhsky Abrasives Works (VAW).
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