The Telegraph
Monday , July 14 , 2014
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Trade Talk

Steely resolve

Research and Development Centre for Iron and Steel (RDCIS), a wing of SAIL, and National Metallurgical Laboratory (NML) based in Jamshedpur, signed a memorandum of understanding (MoU) in Ranchi on July 2 for exploring the possibility of development of new technology and stellar products in the field of iron and steel. Signed by RDCIS executive director in-charge R.K. Rathi and NML chief scientist I. Chattoraj in the presence of NML director S. Srikanth, the MoU identified product development as well as a smarter utilisation of raw materials limestone and coal as well as steel plant wastes as some of the key areas of thrust, an RDCIS media release said

Oil is well

Emami Biotech Limited, part of Emami Group, launched Himani Best Choice, a range of edible oils in mustard, soybean, palmolein and sunflower in Jharkhand on July 2. “The branded oil market in Jharkhand is growing. It has huge potential of converting users of loose oil into branded edible oil users,” company CEO Sudhakar Desai said at the launch. The company aims at capturing this entire segment in urban, semi-urban and rural pockets

Heater launch

A year after its launch in south India, V-Guard Industries Limited launched Pebble water heaters in Jharkhand on July 5. Built with engineered polymer anti-corrosion technology, these heaters are available in two variants, Pebble and Pebble Metallica. They have a five-star rating for power efficiency, said the company’s Jharkhand branch head Ranga Charan. Of the Rs 800-crore water heater market in India, Jharkhand’s hare is above Rs 25 crore

For a healthy cause

Central Mines Planning and Design Institute (CMPDI), a CIL subsidiary headquartered in Ranchi, donated Rs 15 lakh to Ram Krishna Mission TB Sanatorium, Tupudana. Handing over the cheque to Swami Purnanandaji Maharaj of the sanatorium, CMPDI chairman-cum-managing director A.K. Debnath said the money would be used to treat tribal patients