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Navin Fluorine - Foundation for further growth laid; upgrading to Buy
Fri, Dec 18, 2020
Navin Fluorine announced Rs 1.95 bn capex in agro and pharma, expected to be funded through internal accruals and debt. The multi-purpose plant at its wholly-owned subsidiary, Navin Fluorine Advanced Sciences, at Dahej, Gujarat, is expected to be commissioned in H1 FY23, with 1.4x asset turnover. Navin Fluorine expansion would help launch products of complex fluorinated chemistry and strengthen customer relations. Anand Rathi upgrades rating to Buy with a higher target of Rs 3000, valuing the stock at 34x FY23e EPS, earlier Rs 2500.
Nerolac launches country's first anti-viral paint
Fri, Sep 18, 2020
Kansai Nerolac on Thursday launched Excel Virus Guard paint, which it claims to be the country's first anti-viral paint.
Novel technology uses sunlight to degrade toxic liquid waste
Thu, Jan 30, 2020
The researchers, which included Mandeep Kaur, an M.Sc. Student at LPU, and Assistant Professor Chandan Adhikari, noted that a huge amount of liquid waste is produced in India due to the presence of a large number of industries.
Fire breaks out at chemical factory in Gujarat’s Valsad
Wed, May 22, 2019
A major broke out at a chemical factory in Gujarat’s Valsad. Eight fire tenders were at the spot to douse the flames. Drums filled with chemicals worsened the situation as blasts were happening inside the factory which left the locals in a panic. More details are awaited.
Aapki Khabar Aapka Fayeda: Know Does Your Fruits Have Chemicals?
Mon, May 20, 2019
In this segment of Aapki Khabar Aapka Fayeda Know, Does Your Fruits Have Chemicals?
Central pollution board orders Tata Chemicals to shut down its Haldia plant
Tue, Mar 14, 2017
The pollution board shut down the Tata Chemicals unit after its plant was allegedly non-compliance to the prescribed norms.
Hoping for a good appraisal? Three reasons why your salary this year won't increase by much
Thu, Feb 23, 2017
Chances are that the employees in India's pay hike is likely to be sub-10% across industries in 2017.
Appraisals this year likely to average at 9.5%, Survey finds
Wed, Feb 22, 2017
Aon Hewitt latest 'Salary Increase Survey' has projected a drop in pay increases to an average of 9.5% across industries in India.
India, US eye bilateral trade worth $500 billion: Report
Sun, Aug 28, 2016
Positioned as a major investment destination to the world, India is targeting to increase its bilateral trade with the US to $ 500 billion from current levels of over $ 100 billion, in the near term.