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Monday , March 24 , 2014
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Trade Talk

Sebi opens in capital

Securities and Exchange Board of India (Sebi), India’s regulator for the securities market, which is headquartered at Mumbai, opened its office at the collectorate complex in Kutchery, Ranchi, on March 19. Jharkhand chief secretary R.S. Sharma, who inaugurated the branch, stressed on the need for public financial institutions and regulators to work towards grassroots inclusion. The chief secretary also underlined the need for innovative products from banks and insurance companies that are low in value and hence easily accessible and affordable for the common man. Sebi chairman U.K. Sinha stressed Ranchi was one of the 16 places where Sebi, which protects investor interests, had decided to open its local offices to make its presence felt in major states across the country. “The Ranchi office will spread financial literacy and redress grievances of investors in the region,” he added

Green steel

The Ranchi chapter of Indian Institute of Foundrymen (IIF), jointly with National Institute of Forge and Foundry Technology (NIFFT), Ranchi, hosted a “Look East” steel conference at a Ranchi hotel on March 9. The meet discussed how India’s steel production could be hiked by using electromelting, induction and other environmentally sustainable ways. P.P. Sengupta, general manager, RDCIS (SAIL), Ranchi, spoke on Vision 2025 and production of 300MT steel in India by 2025, of which SAIL’s share would be 50MT per annum. Mohammad Chabbet from International Steel Business, Dortmund in Germany, stressed on induction for steel production

Industry show

Indexpo-2014, one of India’s largest plant and machinery shows, ended at Aam Bagan grounds in Sakchi on March 9. Organised by event management company Indore Infoline, which has expertise in hosting trade fairs and industrial exhibitions, the three-day fair saw a good turnout, specially of traders, industrialists and other entrepreneurs. Sectors that took part at the three-day fair included industrial automation, safety equipment, materials handling equipment, industrial goods manufacturers and consultants

Lessons in giving

Tata Power on March 18 distributed desks, benches and study materials across many schools at Tiruldih in Seraikela-Kharsawan. “We at Tata Power are committed to improving educational establishments and providing necessary infrastructure to schools in and around our project area. Desks and benches are school essentials. We thank the schools for supporting us and, in turn, assure them we will help them in future too,” D. Santra, head of the Tiruldih project, said

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