Terex India partners with Eqaro Guarantees for buyback assurance on Franna cranes
Under the program, Eqaro Guarantees will provide surety for buyback value of up to 48% at the end of five-year contract terms to Franna owners in India.
Under the program, Eqaro Guarantees will provide surety for buyback value of up to 48% at the end of five-year contract terms to Franna owners in India.
Global supply-chain disruptions, higher labor costs and persistently high inflation in a slowing economy is expected to hurt companies in cyclical sectors like automotives, homebuilding and industrials, leading to rating downgrades of some investment-grade rated companies.
A glut in the local market due to the turn of events, plus sluggish demand from industry (a spillover from the covid-induced lockdown), sees inventories pile up with producers. These factors have depressed the prices of various forms of steel, including HRC, bringing it as low as Rs 50000.00 to 55000.00.
The Hannover-based automotive supplier said net profit for the first three months of the year came in at 575 million euros ($644 million) compared to 738 million a year earlier.
The EPA said Tesla had failed to comply with air emissions standards for equipment leaks and management requirements for generators of hazardous wastes.
The group will be pruning its Rs 700-crore annual investment in foreign operations by 20-25%, resulting in the rationalisation of Rs 140-175 crore.
Butschek said his initial journey at Tata Motors was like opening a new chapter in the book of a company with a long, proud heritage.
Name | DIN | Designation | Date of joining | |
---|---|---|---|---|
Bhavinder Singh Khurana | 00324367 | Director | 15 Jan,1997 | |
Anju Khurana | 00324583 | arjun@rsajit.co.in | Director | 15 Jan,1997 |
Ajit Mehra | 00340350 | Director | 10 Apr,2005 |
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