Does the turmoil in China have implications for India?
Indian steel stocks, while no longer the best bets in the market, do not appear particularly bad either. We, however, prefer non-ferrous metals both in India and globally.
SAMCO MACHINERY INDIA PVT LTD
Company limited by Shares (2) 49+ employeesSAMCO MACHINERY INDIA PVT LTD Overview
INDIA HO
NEW DELHICOMPANY SIZE
49+ employeesCIN
U29253DL2006PTC155375TYPE
PrivateCATEGORY
Company limited by SharesSUB-CATEGORY
Non-govt companyWEBSITE
FOUNDED
10 Nov,2006PAID-UP CAPITAL
35,191,030AUTHORISED CAPITAL
40,000,000SAMCO MACHINERY INDIA PVT LTD in News
ICRA revises up FY22 GDP growth forecast to 9%
A ramp-up in COVID-19 vaccination, healthy advance estimates of kharif (summer) crop and faster government spending were the factors which led to the revision, the agency said in a statement.
View: Leading indicators suggest economy on recovery path
According to the eminent economist, the Indian economic recovery is broad-based, although some components of services sector are still recovering largely due to severe supply-side disruptions. "But this could also be due to severe second pandemic wave that disrupted movement of economic agents."
Nissan launches virtual sales advisor for Magnite as part of online sales initiative
Virtual sales advisor, which has been launched by the company in partnership with Eccentric Engine, equips customers with real-time personalised product expert interaction that provides information about the vehicle, answer product and ownership related queries, variant suggestions, financing and exchange value options, virtual test drives as well as book the car online.
India calls upon developed countries to fulfill Paris agreement commitment of USD 100 billion per year on climate change
Union Environment Minister Bhupender Yadav representing India at the United Nations (UN) Secretary General's virtual meeting underlined the need for upholding the principles of the United Nations Framework Convention on Climate Change (UNFCCC) process, for any successful outcome in any climate change negotiations including the upcoming CoP 26, which is slated to be held in Glasgow from October 31 to November 12.
India climbs to 46th rank in Global Innovation Index
India has jumped 35 places since 2015 and is top-ranked in Central and Southern Asia. From 81 in 2015, it has moved to 46 in 2021.
India expected to grow 10% during current fiscal: NCAER Director General Poonam Gupta
India's economic growth surged to 20.1 per cent in the April-June quarter of this fiscal, helped by a low base in the year-ago period, amid a devastating second wave of the COVID-19.
What a 5th floor kitchen of a Bengaluru apartment tells you about India's electric vehicle story
According to a Reuters report, the union government has re-drawn a plan to give $8billion to car makers which use petrol, with added benefits to EVs.
India in a sweet spot of global consumption and manufacturing
India has three primary assets in its favour: the potential for significant domestic demand, government’s drive to encourage manufacturing and a distinct demographic edge – Shifting Global Value Chains, White Paper by World Economic Forum & Kearney, Jun’21.
Pandemic has India scrambling to boost its manufacturing sector
The Indian economy’s resilience will be tested by its ability to overcome a devastating outbreak of Covid-19, although no one’s yet doubting its potential to pull off the world’s fastest pace of growth among major economies this year.
Waning coronavirus cases helped India’s economy stay steady in July
Relaxation in restrictions and a lower-than-expected hit to the economy from the second wave of the pandemic is fueling hopes of a faster recovery in coming months.
China eyes Afghanistan’s $1 trillion of minerals with risky bet on Taliban
For that scenario to have even a remote possibility, much depends on what happens the next few weeks. Although the U.S. is racing to evacuate thousands of Americans and vulnerable Afghans after a rushed troop withdrawal ending 20 years of war, President Joe Biden still has the power to isolate any new Taliban-led government on the world stage and stop most companies from doing business in the country.
Semiconductor shortage temporary, expected to be over by 2022, says Maruti Chairman Bhargava
During the virtual meet, the Chairman talked of Maruti's electric vehicle ambitions, reiterating that the country's largest carmaker will enter only when it is sure its electric product can be affordable for its consumers and also be able to operate with losses
India at 75: Indian roads set to witness an electric change
Shift towards EVs is inevitable as state govts, financiers and customers shift to cleaner energy and transport options.
Ecom Express launches E-zippie to help SMEs
The portal is mobile responsive through which sellers can submit requests at their convenience and which is then funneled directly to the right department that handles the request without any manual intervention or re-keying of information.
India's jobless rate drops to four-month low as coronavirus ebbs
India’s jobless rate fell to the lowest level in four months in July, adding to signs of a nascent recovery in the economy where sales tax collections and demand for some commodities have signaled a rebound. The unemployment rate dropped to 6.95% last month from 9.17% the previous month, according to latest data from private research firm Centre for Monitoring Indian Economy Pvt.
Chevron, Total in talks with ONGC for upstream projects in India
ONGC already has a preliminary agreement with US-based ExxonMobil for partnership in the exploration sector. ExxonMobil is currently studying Indian geological data to finalise exploration opportunities.
India's crude steel output up 21.4% at 9.4 MT in June: Worldsteel
"The production for the 64 countries reporting to the World Steel Association (worldsteel) was 167.9 MT on June 2021, an 11.6 per cent increase compared to June 2020, " the global industry body said in its latest report.
Exports poised to see major growth in FY22: India Ratings
“A glance at the FY21 data suggests that some of the major export destinations for India’s top 10 major commodities are also the regions which are expected to witness strong import growth in 2021,” the ratings agency said.
Construction equipment industry could grow 25% in 2021, regain pre-Covid peak in 2022: JCB India
The industry registered a growth of 65% during January-June of 2021 compared to the previous year despite the second wave of Covid-19 impacting sales for a couple of months, said Deepak Shetty, managing director, JCB India.
Directors of SAMCO MACHINERY INDIA PVT LTD
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Vivek Vinod Singh | Unlock to View | Unlock to View | Director | 19 Jul,2008 |
| Robert A Repovs | Unlock to View | Unlock to View | Director | 31 Jan,2007 |
| Joseph Paul Repovs | Unlock to View | Unlock to View | Director | 15 Jan,2007 |
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