DoT has sent 8 termination notices to telecom cos: Telecom secretary

"In all, 17 notices would be issued for delay in roll-out of services. Of this, eight have already been sent out," Department of Telecom secretary R Chandrasekhar informed media persons

New Delhi: The government today said it has issued eight termination notices to various telecom operators for delays in rolling out the services, reports PTI.

"In all, 17 notices would be issued for delay in roll-out of services. Of this, eight have already been sent out," Department of Telecom (DoT) secretary R Chandrasekhar told reporters here.

The operators have been given 60 days to respond as to why their licences should not be terminated for their failure to roll out networks, as per the licence conditions.

Mr Chandrasekhar, however, did not name any operators.

Till now, Sistema Shyam TeleServices, Aircel and Etisalat DB have been sent notices for missing the roll-out deadlines.

Most of the new players, which received second generation (2G) licences in 2008, have not met network roll-out obligations. Some of them are under the scanner of various investigative agencies, including the CBI and parliamentary panels.

Earlier, 119 notices were issued and the government has collected over Rs300 crore in penalties.

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GACL commissions bleaching powder project

Gujarat Alkalies and Chemicals has commissioned a project to manufacture 15,000 TPA stable bleaching powder in Dahej

Gujarat Alkalies and Chemicals (GACL) has commissioned a project to manufacture 15,000 TPA stable bleaching powder in Dahej. The unit will convert chlorine into value-added products.

"This is the first large scale plant of stable bleaching powder in Gujarat. The project will help increase captive use of chlorine and sustain the operation of the company's caustic soda plant," a GACL spokesman said.

Bleaching powder is a strong oxidising, bleaching and disinfecting agent. It is widely used as bleaching agent in paper, textile, soap, handloom and powerloom Industries.

It is used for disinfection, de-odorisation and bleaching of residential premises, swimming pools, public conveniences, waste water treatment and sewage disposal. It also finds applications in food processing, beverages and sugar industries.

On Monday, GACL ended 2.43% down at Rs955.45 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.97 to 19,262.54.

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JSW Steel posts highest-ever quarterly crude steel production in Q4 FY-11

JSW Steel has recorded its highest-ever quarterly crude steel production of 1.72-million tonnes in Q4 FY 11

Steel major, JSW Steel said that it has recorded its highest-ever quarterly crude steel production of 1.72-million tonnes in Q4 FY 11.

The company also said that it has clocked its highest-ever quarterly production of 1.32-million tonnes of rolled flat products.

According to the company press release, its crude steel production stood at 1.72-million tonnes in Q4 FY 11, up 8% as against the year-ago period.
Production of its rolled products flat grew 36% at 1.32-million tonnes compared to the year-ago period while its rolled products long production stood at 0.28-million tonnes, the release said.

In FY11, the company's crude steel production stood at 6.51-million tonnes, up 9% over the year-ago period.

Its rolled products flat production grew 33% at 4.94-million tonnes compared to the year-ago period while its rolled products long production expanded 18% at 1.13-million tonnes.

During the quarter, the company has commenced operation of its sinter plant-3, converter-4, castor-3 and heating of balance two blocks out of four blocks of Coke Oven-4 as a part of its 3.2-mtpa expansion project at Vijayanagar Works, while blast furnace-4 is in the final stage of completion and testing, the release said.

On Monday, JSW Steel ended 2.43% down at Rs955.45 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.97 to 19,262.54.

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