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    1. Business News
    2. Authors
    3. indronil roychowdhury

    Indronil Roychowdhury

    CPSE, PSU, public sector, finance minister, nirmala sitharaman
    Volatile coking coal market fluctuating cost of steel production

    October 1, 2020: The price of coking coal required for PCI, the technology used for reducing steel production cost, went…

    By Indronil Roychowdhury
    Updated: October 6, 2020 11:32 IST
    But August auction prices of both Assam and West Bengal tea this year has shown a declining trend, fetching an average price of Rs 250 per kg.
    Despite 70% surge in domestic prices, Indian tea exports feel pandemic heat

    Indian tea exports fell both in volume and value terms between January and June 2020, but the declining trend between…

    By Indronil Roychowdhury
    September 24, 2020 01:45 IST
    Railway PSU Braithwaite & Co, Miniratna Category II tag, indian railways PSU Braithwaite, indian railways, Covid-19 pandemic, wagon manufacturing, Railway PSU, latest news on Braithwaite & Co
    Braithwaite eligible for Miniratna Category II tag

    The company’s net profit in FY20 has grown more than 151% against FY19. “All these [factors have] made us eligible…

    By Indronil Roychowdhury
    September 9, 2020 16:43 IST
    Bharti AXA General Insurance is a joint venture between Bharti Enterprises and AXA, one of the world's leading organisations with interests in financial protection and wealth management.
    Tea industry in doubts even as prices increase

    This price trend has to remain stable if the industry has to see profit for the entire year even if…

    By Indronil Roychowdhury
    July 10, 2020 03:01 IST
    The move to create better evacuation infrastructure is part of the government's target of producing 1 billion tonne of coal by 2025-26 – 729 MT was produced in FY20.
    Coal mining: Focus on evacuation to lift output levels

    Prospects for producing 1 bn tn of coal by 2025-26 have improved with announcement of a spend of Rs 50,000…

    By Indronil Roychowdhury
    June 22, 2020 00:20 IST
    Raw jute prices come down to below MSP due to low capacity utilisation of mills

    Although the jute mills were exempted from lockdown by notifications of the Union home ministry, West Bengal had enforced complete…

    By Indronil Roychowdhury
    May 30, 2020 10:00 IST
    Some of the subsidiaries are forced to withdraw its fixed deposits before maturity, while also looking for credit lines to meet their working capital needs.
    Coal India under financial stress as power sector dues mount

    At a time when the government is bringing in reforms to end Coal India’s (CIL) monopoly while also allotting funds…

    By Indronil Roychowdhury
    May 19, 2020 05:10 IST
    he agency expects PFC’s tangible common equity/tangible managed asset (TCE ratio) to fall by about 90 basis points if added to its balance sheet.
    Bengal discom may seek govt guarantee for bank loans to meet expenses

    West Bengal State Electricity Distribution Company (WBSEDCL) is likely to seek bank guarantee from the state to take fresh loans…

    By Indronil Roychowdhury
    May 7, 2020 04:45 IST
    The state announced procuring 52 lakh tonne of paddy this year out of which 30 lakh tonne has already been procured. (File image)
    West Bengal to restart paddy procuring process from May 1

    Though the state is looking at bumper crop this season, but there are problems in harvesting for lack of labour,…

    By Indronil Roychowdhury
    April 30, 2020 02:01 IST
    Coal ministry’s 710 million tonne production target makes CIL stakeholders jittery

    The ministry could have set a target of removing the huge burden and could have kept coal at exposed seams.…

    By Indronil Roychowdhury
    April 28, 2020 02:45 IST
    Covid-19 could hardly dent the earnings of Darjeeling first flush

    West Bengal chief minister Mamata Banerjee has allowed resuming operations in the gardens of Darjeeling, Doars and Terai with a…

    By Indronil Roychowdhury
    April 20, 2020 02:45 IST
    CII, FICCI, ASSOCHAM, NASSCOM, MHA’s nod to open factories
    Bengal jute mill unions threaten stir if wage for coronavirus lockdown period not paid

    The jute section of the Ministry of Textiles has granted dilution of up to 6.46 lakh bales of jute of…

    By Indronil Roychowdhury
    April 14, 2020 01:00 IST
    tea estates india, north indian tea estates, south indian tea estates, tea estates operations India, coronavirus impact on tea estates in India, coronavirus impact on economy, coronavirus impact on markets, tea estates Assam, tea estates Kerala, tea estates Tamil Nadu
    South Indian tea gardens reopen as North Indian gardens still finding a way out

    Tea garden owners of Assam, who are looking forward to resume operation, want a comprehensive safety protocol from the government,…

    By Indronil Roychowdhury
    Updated: April 8, 2020 08:15 IST
    Assam looks forward to reopening tea estates for fresh supplies to market

    Arun Kumar Ray, deputy chairman, Tea Board of India, told FE that the state government will have to do the…

    By Indronil Roychowdhury
    April 3, 2020 09:05 IST
    Coal India touches a new high in per day output making despatches an issue now

    The company has peaked a high off producing 3.17 million tonne on March 20 this year, the highest ever single-day…

    By Indronil Roychowdhury
    March 24, 2020 01:00 IST
    But the problem lies with the export consignments of finished leather goods, worth more than Rs 500 crore, which are lying locked in the tanneries itself.
    Calcutta Leather Complex sees green shoots amid virus crisis

    The US has been mainly sourcing industrial safety gears from China but the outbreak has prompted the US to shift…

    By Indronil Roychowdhury
    March 20, 2020 03:00 IST
    SBI pushes for uniformity in lending to gems and jewellery sector

    SBI was working on a policy framework to standardise lending practices to the gems and jewellery sector and was looking…

    By Indronil Roychowdhury
    March 1, 2020 04:15 IST
    The backlog arrears for the non-power sector which stood close to 5,140 rakes at the beginning of 2019-20 were cleared by 4,230 rakes.
    CIL’s e-auction offer likely to surpass 10% of production despite muted demand

    The e-auction offer has already surpassed 69 MT between April to January and this quantity includes spot e-auction, special forward…

    By Indronil Roychowdhury
    February 28, 2020 02:45 IST
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