Mumbai, April 12: The State Industrial Investment Corporation of Maharashtra (SICOM) has scripted a remarkable comeback story with the key financial ratios of the company bouncing back to black along with an improvement in business while its stressed assets declined substantially leading to overall profitability. The company has achieved the comeback by successfully tackling bad loans, which once blotted its books, along with overall cost reduction practices and strict financial control and liquidity management.
Mumbai (Maharashtra) [India], April 12 (ANI/PRNewswire): The State Industrial Investment Corporation of Maharashtra (SICOM) has scripted a remarkable comeback story with the key financial ratios of the company bouncing back to black along with an improvement in business while its stressed assets declined substantially leading to overall profitability
The MoU was signed between IPICOL & FICCI for organising third edition of flagship investment promotion event ‘Make in Odisha’ Conclave and its investor out
With Rs 90,000 Crore, South Korean Steel Giant Posco Plans To Setup Integrated Steel Plant In Odisha
by Swarajya Staff - Apr 20, 2021 08:48 AM
Steel rolls at the Posco-Indias processing centre in MIDC Talegaon at the outskirts of Pune. (ABHIJIT BHATLEKAR/Mint via GettyImages)
South Korea Ambassador Shin Bongkil on Monday (19 April) said Korean steel giant Posco has plans to make one of the single largest FDI in the history of India with an investment of US $12 billion (approximately Rs 90,000 crore) to set up an integrated steel plant in Odisha.
He said this at a virtual roundtable on âSouth Korea and Odisha: Promoting Bilateral Business Opportunitiesâ organised by the Indian Chamber of Commerce (ICC) in association with Industrial Promotion and Invest Corporation of Odisha Ltd (IPICOL).
Posco evinces fresh interest to set up steel plant in Odisha- The New Indian Express newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.