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Arab Swiss Engineering Company takes legal action against Misr Beni Suef Cement Written by Global Cement staff 25 February 2021 Egypt: Arab Swiss Engineering Company (ASEC) has launched legal action against Misr Beni Suef Cement. The latter terminated the supplier’s technical management contract in mid-February 2021. Arab Finance has reported that the producer alleges that ASEC breached its commitments regarding its Beni Suef cement plant’s production capacity. Last modified on 03 March 2021 ....
(MENAFN - IANS) y Ahana Bhattacharya Mumbai, Feb 19 (IANS) Anmol Thakeria Dhillon, son of actress Poonam Dhillon and producer Ashok Thakeria, is all set to make his Bollywood debut with the Sanjay Leela Bhansali-backed film, Tuesdays And Fridays. He describes the film as lighthearted , and a quirky take on a millennial love story . Opening up with IANS, he adds: I play a character called Varun. He is an Indian author from London. The film shows how he meets this girl who is a lawyer and they mutually decide that they will go on a date only on Tuesdays and Fridays. ....
Misr Beni Suef Cement ends Arab Swiss Engineering Company contract Written by Global Cement staff 17 February 2021 Egypt: Misr Beni Suef Cement has ended a contract with Arab Swiss Engineering Company (ASEC). In April 2019 the companies signed a contract for ASEC to provide technical management at the producer’s plant. Reuters News has reported that the cement company will now undertake the operation of its production lines. ....
Read more about Market slips into the red; auto shares tumble on Business Standard. Key equity indices reversed gains and hit fresh intraday low in mid-afternoon trade. Auto shares corrected for second consecutive session. At 14:28 IST, the barometer index, the S&P BSE Sensex, was down 16.62 points or 0.03% to 51,514.90. The Nifty ....
Ashok Leyland slumped 4.15% to Rs 129.40 after the company posted a standalone net loss of Rs 19.38 crore in Q3 FY21 as against net profit of Rs 27.75 crore in Q3 FY20.The profit was impacted by a one-time expenditure of Rs 85 crore in Q3 FY21 towards a voluntary retirement scheme (VRS). Net sales jumped 20.5% to Rs 4,789.82 crore in Q3 FY21 over Q3 FY20. The result was announced after market hours yesterday, 11 February 2021. The commercial vehicle maker posted a pre-tax loss of Rs 18.25 crore in Q3 FY21 as against a pre-tax profit of Rs 54.17 crore in Q3 FY20. The company reported an EBITDA margin of 5.3% for Q3 FY21 as against an EBITDA of 2.8% in Q2 FY21 and 5.6% in Q3 FY20. The company has brought down net debt to Rs 2880 crore in Q3 from Rs 3,076 crore in Q2FY21. ....