SAHARA INDIA AND FORCE INDIA New Delhi: Sahara Group chairman Subrata Roy acquired a 42.5% stake in Force India, the Formula One team owned by liquor baron Vijay Mallya, for $100 million. Sahara Group’s Subrata Roy. By Abhijit Bhatlekar/Mint The sale of new shares to Roy will bring Mallya’s stake in Force India down to the same level—42.5%. Force India will be renamed Sahara Force India and Roy will take over as the chairman of the company, while Mallya will continue to be the principal and managing
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| Walton Hi-Tech Industries Limited | Automobile, Electronics | 13. | Transcom Group | Food and Beverage, Pharmaceuticals, Electronics | 14. | Rangs Group | Automobile, Electronics, Shipping | 15. | Rahimafrooz | Automotive, Batteries | No | Name of Companies | Products | 16. | PRAN-RFL Group | Food and Beverage, Plastic, PVC, Cast iron | 17. | Akij Group | Textile, Tobacco, Cement, Ceramic, Jute, Pharma | 18. | Abul Khair Group | Steel, Cosumer goods, cement
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Introduction Automobiles industry produces automobiles and other gasoline-powered vehicles, such as cars, buses, trucks, and motorcycles. The automobile industry is one of the most important industries in the world, affecting not only the economy but also the cultures of the world. The automobile industry is considered the single largest manufacturing sector in the world (Turnbull et al., 1992). It provides jobs for millions of people, generates billions of dollars in worldwide revenues, and provides
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His is one of the first American plants to make use of the Bessemer converter and open-hearth process in steel production. Both innovations drastically reduce the cost and time involved in producing steel from pig-iron and they help drive the explosive growth of the American steel industry in the Gilded Age. 1876 Telephone, Alexander Graham Bell invents the telephone. Edison Lab, Thomas Edison opens his laboratory in Menlo Park, New Jersey.
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The Sultanate’s mineral resources include chromite, dolomite, zinc, limestone, gypsum, silica, copper, gold, cobalt and iron, to name but a few. Several industries have grown up around them as part of the national development process which, in turn, have boosted the minerals sector’s contribution to the nation’s GDP as well as providing jobs for Omanis. Picture illustrate : 1) Chalcedony 2) Massive chalcopyrite 3) Marblized calacite 4) Albite feldspar 5) Specular hematite 6) Pyrite crystals
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CR retail distribution, and geographic segmentation. In OEM distribution, the customers specify the grade of steel that they require and the company takes responsibility to supply them the same grade of steel in the agreed cut to size condition. In retail distribution, companies maintain stocks of material for feeding its retail chain and provide Value for money products. TATA STEEL DISTRIBUTION CHANNEL G C sheets: Traditionally G C sheets were considered as a commodity. Over time, TISCO
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BSE 50 WEAK SECTOR Weak Sectors | No of Live Cases (2013) | No of Live Cases (2014) | Infrastructure | 20 | 25 | Iron & Steel | 59 | 53 | Power | 18 | 15 | Textiles | 74 | 45 | Ship-Breaking/Ship Building | 3 | 4 | Telecom | 11 | 5 | Weak Sectors | Aggregate Loan Amt (2013) | Aggregate Loan Amt (2014) | Infrastructure | 21912 | 57233 | Iron & Steel | 52682 | 43539 | Power | 18640 | 19138 | Textiles | 17677 | 20138 | Ship-Breaking/Ship Building | 6213 | 16792 |
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cities and many of these improvements were the result of technological improvements. Economic Development The Industrial Revolution was a time for tremendous economic development. The western economy was transformed by the Industrial Revolution. New iron, steam-powered ships, along with other technological advances, made international trade cheaper, safer, and more efficient. The Factory System was perfected with the assembly line. Products moved along a conveyor belt, with each worker contributing
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potential. Although the policies and reforms were devised to alleviate poverty, the opposite became true to due to the high population rates, high imports, huge public sectors, multiple wars & state intervention in matters that included industries, business, labour and financial markets – all this factors started to put pressure on the fiscal deficit. The shortage in self reliability & dependency on imports on several essential products and services - such as oil, defense manufacturing
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five year plans improved the Russian economy because of the significant growth in the Russian economy between this times in which the economy was growing at 14% a year. Stalin’s 5 year plans did improve the economy due to heavy industry increased the production of steel. Iron and coal, also by the end of the 5 year plans Stalin’s successfully increased production of vital things such as grain and wheat, the plans also geared and prepared Russia for war. However along with the many pros of the 5 year
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