Mar 04, 2013, 01.02 AM IST
Tata Sons Chairman commissions Coke Oven plant
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Tata Sons Chairman commissions Coke Oven plant
Tata Sons Chairman commissions Coke Oven plant
Like this story, share it with millions of investors on M3
Tata Sons Chairman commissions Coke Oven plant
Tata Sons Chairman commissions Coke Oven plant
Jamshedpur, Mar 3 (PTI) The Tata Sons Chairman Cyrus P Mistry today commissioned and inaugurated the Coke Oven Battery and By-Product Plant at steel plant's Jamshedpur facility. Built at a production capacity of 0.7 million tonnes per annum, the 'Coke Oven Battery #10' and By-Product Plant operates with 88 ovens (with stamp charge technology) and was the largest battery unit at the Jamshedpur works, a Tata Steel release said. It will also produce By-Product of Coke oven gas (44,000 Nm3/Hr), Coal Tar (35305 tons per annum) and Pure Sulphur (1668 tons per annum). "It is befitting that the Coke Oven Battery #10 is being inaugurated on the Founder's Day," Mistry, Chairman of Tata Sons and Tata Steel, said. "It was a challenging project and there was not a single safety issue faced since its inception," Managing Director Tata Steel H M Nerurkar said. Earlier in the day, Mistry along with his predecessor Ratan Tata paid homage to the Founder, Jamsetji Nusserwanji Tata on his 174th Birth Anniversary. PTI BS SUS HU
highlights
- No case to revise direct tax rates, slabs
- Super rich tax: 10% surcharge on income above Rs 1 cr
- Modified provisions under GAAR effective April 1, 2016
- No change in standard rate of excise duty, service tax
flashes
- FM speaks to CNBC TV18
- Budget Reaction: Fitch Says Policy Implementation To Be Key Driver Of India Rating
- Budget Reaction: Fitch Says Believe Policy Execution Will Be Challenging
- Budget Reaction: Fitch Says Public Finances Vulnerable To Further Growth Slowdown
InterpretationS
- GAAR-Presumes tax benefit unless proved contrary
- MFs covered for deductions u/s 80CCG
- Excise duty increased on mobile phones of Retail Sale Price (RSP) more than Rs 2000
- ED on readymade garments exempted: positive textile sector
SECTOR IMPACT
Select Sector to see impact
- Auto - Cars & Jeeps
- Auto - LCVs/HCVs
- Banks - Private Sector
- Banks - Public Sector
- Cigarettes
- Computers - Hardware
- Computers - Software - Training
- Construction and Contracting - Real Estate
- Electricals
- Engineering - Heavy
- Finance - General
- Finance - Investments
- Infrastructure - General
- Leather Products
- Media & Entertainment
- Mining/Minerals
- Miscellaneous
- Personal Care
- Pesticides/Agro Chemicals
- Power - Generation/Distribution
- Refineries
- Shipping
- Sugar
- Textiles - Denim
- Textiles - General
Textiles - General
18:52 pm
Exice Duty on readymade garments exempted +ve for textile sector
TAX AND YOU
Salaried Person
REACTIONS
reaction on: Markets
Mukesh Kumar
Head - Strategic Planning | HDFC ERGO General Insurance
reaction on: SME
Snehdeep Aggarwal
Founder & Chairman | Bhartiya International
reaction on: Policy
Sanjay Sanghvi
Partner | Khaitan & Co
reaction on: Business
Govind Shrikhande
MD | Shoppers Stop
reaction on: Business
Gaurav Gupta
Sr Director | Deloitte
What got Cheaper / costlier?
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