Wire & Cable India

Tag : ICRA

News

ICRA Revises Steel Industry Outlook to Negative, Estimates Demand Fall by 20 Percent in FY21

wirecable
According to official data, India consumed 100 million tonnes of steel during financial year ended March 2020. May 19, 2020 Rating agency ICRA has revised steel industry outlook to negative from stable as back-to-back extensions of lockdown is likely to result in a severe steel demand slowdown which is estimated......

Subsidies for power distribution companies to rise to Rs 60,000 crore

wirecable
August 28, 2013 Subsidies for state-run power distribution companies are projected to rise to Rs 60,000 crore by the end of this fiscal even after benefits from financial restructuring, says a research report. Besides, the power sector remains increasingly vulnerable to both the rupee-dollar exchange rate and international coal prices......
Wire & Cable India