Indian Tyre Industry Indian Tyre industry is worth around Rs 300 billion for FY11. The industry was mainly dominated by the 5 players namely: MRF Apollo Birla Ceat JK tyres The 5 account for over 85% of the market share. The 5 companies manufacture tyres for all segments expect for two wheelers. In two wheelers […]
CCT vs. Food Bill It is expected that the National Food Security Bill (NFSB), introduced in the Lok Sabha will impact negatively in the functioning of the grain markets and would adversely impact/interfere in the functioning of these markets resulting in higher leakages. It is reported that the current leakages from the PDS or the […]
The Indian government recently published its industrial output report which showed poor performance, as compared to the previous year. The industrial output fell by 0.6% in December 2012 on Y-o-Y basis. The electricity output in the country rose by 5.2% whereas some of the key sectors like manufacturing and mining contracted by 0.7% and 4% […]
Solar News 1) Taiwanese JV Powertec (between UMC and SAS) pushes ahead with future polysilicon plans despite the current glut 2) India installs roughly 1 GW in 2012 accoutning for 80% of the country’s total installed capacity till date 3) Karnataka to start a reverse auction tender in April for 130 MW of solar projects 4) Phoenix Solar records […]
John D. Rockefeller is known for his immense wealth. It made “rich as a Rockefeller” a day-to-day used proverb to signify or symbolize people with extreme wealth. Rockefeller was the founder of Standard Oil and the richest person in history. He donated immense wealth in the past for the well being of the society and […]
Solar News 1) SMA Solar global market share sinks to 25% in 2012 from 40% 2) European companies see their shares in Solar EPC market dropping; Indian player L&T rises to 11th place 3) Suntech top management under investigation by Chinese police 4) German company Bosch gets out of solar after burning more than 1 billion euros ( we […]