cost of production

Hindalco: Capex to remain in Rs 6,000-7,000 crore range in coming years: Satish Pai, Hindalco

by
Hindalco: Capex to remain in Rs 6,000-7,000 crore range in coming years: Satish Pai, Hindalco

“I think that in Q1, we should probably do better than that because our cost of production is going to be a couple of percentage points lower than Q4,” says Satish Pai, MD, Hindalco.Let us first talk about the India operations. Your aluminium upstream shipments were flat on a sequential basis, but downstream and the … Read more

‘British workers hardly work, they go to pub’: Apollo Tyres boss

by
‘British workers hardly work, they go to pub’: Apollo Tyres boss

NEW DELHI: In a witty remark on opening factories in the UK, the head of Apollo Tyres, Neeraj Kanwar, said that he would not prefer manufacturing in the UK as British workers “hardly work – they go to the pub”, further adding, “there’s no incentive to go into the UK”, the Daily Mail reported.Highlighting the … Read more