Month: March 2008

The World’s Largest Coal Gasifier will be Manufactured by an Indian company – L&T and will be supplied to China. Contract valued at Euro 28 million (Rs 170 crore) for supply of the coal gasifier and syngas cooler assembly to Hebi Coal and Electricity, subsidiary of Zhongyuan Coal Chemical Industry Group, People’s Republic of China.

The complete gasifier assembly & the structure, which is expected to weigh 1740 MT, is the world’s largest and heaviest gasifier assembly, with a capacity to handle 3400 tpd of coal. The assembly will be the heart of a methanol plant with a capacity of 600,000 tpa. The order was won through an international competitive bidding process.

We have received Advance Tax Collection Numbers from Various Companies [Thank you] and we are compiling the list of the same. The table below lists the name of the company, followed by Advance Tax paid for the last quarter of previous financial year and Advance Tax paid for the last quarter in current financial year.

Company Previous No Current No. [All figures in Rs crore]
SBI 690 1418
RIL 118 443
TISCO 350 300
HDFC 165 250
BOI 150 191
BOB 50 220
L&T 80 170
UNION BANK 100 130
TATA CHEM 65 90
TCS 20 116
CBI 0 221
ICICI 125 250
M&M 83 116
TATA MOTOR 190 75
IND HOTEL 2 44
DENA BANK 10 50
MRPL 20 100
TATA POWER 0 43
TECH MAHINDRA 5.5 0
INDUSIND BANK 12 19
GUJ AMBUJA 100 175
CASTROL 24 46
ULTRATECH 110 155
BPCL 275 240

Tatat Steel, Tata Motors and BPCL are the only ones reporting a fall in Advance Tax for the last quarter. Since Tech Mahindra is a EoU, we can exclude the same.

The cold rolling mill complex of JSW Steel, Vijayanagar works was inaugurated minutes ago by J J Irani, director Tata Sons and former managing director, Tata Steel. The 1 million tonne CRM complex will cater to the booming automobile and auto component industry and act as a catalyst for attracting further investments in this sector in southern India.

Built in a record time of 22 months, the CRM facility is a forward integration of the existing facilities where hot rolled coils are cold rolled to produce high end cold rolled sheets which cater to the upper segment of the steel market.

Sun TV Network has informed us that the company has launched its FM radio stations at Allahabad and Jabalpur under the brand ‘S FM‘ from 18 March 2008 and 19 March 2008 respectively through its subsidiary South Asia. These stations can be heard at 93.5 MHz frequency in Allahabad and Jabalpur and will cater to the audience of all age groups.

With the launch of these FM stations, the total operational FM stations of Sun TV goes up to 27 as it already operates at Chennai, Coimbatore, Tirunelveli, Visakhapatnam, Bangalore, Hyderabad, Jaipur, Bhubaneswar, Tirupati, Madurai, Tuticorin, Lucknow, Bhopal, Pondicherry, Kozhilkode, Indore, Vijayawada, Varanasi, Tiruchy, Rajahmundry, Kanpur, Thiruvananthapuram, Thrissur, Mangalore and Kannur.