M&A in India – 2016

Mergers and Acquisitions are tools which create transformation of businesses. They help in unlocking the potential of businesses specifically in those situations where one of the two parties involved is stressed. In 2016 the Indian industry latched on this tool in a


China Offers Cheap Loans to Bangladesh

China Offers $ 24 Bn Low Interest Loans to Bangladesh; Infrastructure to Get Boost China is set to sign off on loans worth over $24 billion to Bangladesh during President Xi Jinping's visit today, Dhaka's biggest foreign credit line to date that


Auto Recycling: Can India Be Next US/Europe/China?

India has always been a decade behind the developed countries USA, China, Europe. Take for instance, the Internet was introduced in US, Europe during the 1980’s but only in 1995 did India get introduced to this concept. Similarly, auto-recylcing has existed for


Toyota Kirloskar Keen to Set up Car recycling facility in India

Toyota Kirloskar Motor (TKM)India, a subsidiary of Japan’s Toyota Motor Corporation is exploring opportunities for setting up car recycling business in India. It may set up a vehicle scrapping facility in the country that would undertake scientific scrapping of Toyota vehicles that


Indian Government Drafts Policy For Vehicle Scrapping

Get to know the details of the new Voluntary Vehicle Modernization Program, which is also known as the V-VMP plan of the government that has been drafted by the ministry of road transport and highways. The draft is ready, and the government


Bangladesh Steelmakers Prefer Imported Scrap over Billet

Bangladesh steelmakers are preferring imported scrap over billet due to differential duty structure. Scrap attracts an import duty of BDT 1,500/MT (USD 19/MT). Whereas, billet attracts an import duty of BDT 7,000/MT (USD 90/MT). In the last union budget, Bangladesh government has

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