JSW Steel has launched JSW Pragati, a new range of colour-coated galvanised steel sheets, in West Bengal
JSW Steel has launched JSW Pragati, a new range of colour-coated galvanised steel sheets, in West Bengal.
The new product will be available throughout the state of West Bengal via its JSW Shoppe dealerships-namely Ispat Enterprises (P) Ltd, Mahabir Steel Enterprise (P) Ltd and Rawalwasia Steel Company, JSW Steel said in a statement.
The product will be made available in all JSW Shoppe retail outlets across the rest of the country in a phased manner. JSW Pragati sheets will be available in 0.40mm thickness in both environment green and brick red colours, it said.
"The objective of introducing this innovative product is to raise the standard of living of the masses without letting them feel the pinch in their budgets," JSW Steel senior vice-president (business development) Sunil Prakash said.
On Thursday, JSW Steel ended 0.43% down at Rs898.30 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.79% to 18,350.74.
The report, the first such by any exchange in the country, has been prepared in line with the Global Reporting Initiatives’s guidelines for sustainability
The Multi Commodity Exchange of India (MCX) has become the first exchange in the country to report its sustainability performance.
MCX said in a statement today that the report articulates the exchange's sustainability commitments in the market, workplace and community and presents the exchange's triple bottom line-economic, social and governance-performance for the fiscal year 2009-10.
"As a responsible exchange, at MCX we strive to embed sustainability in every aspect of our business; our responsibilities towards the environment, our stakeholders and the society at large, are given utmost importance," said Lamon Rutten, managing director and chief executive officer, MCX. "The report presents the essence of the MCX ethos that guides us and defines the way we do business."
The report has been prepared in accordance with Global Reporting Initiative's (GRI) G3 guidelines (2006) for sustainability and GRI's Financial Sector Supplement. Ernst & Young (E&Y) has checked the report and confirmed it to be application level A+ (third-party-checked).
The theme of the exchange's maiden sustainability report is 'Trust, Technology, Teamwork, Timing,' the key factors that underpin MCX's growth and have helped it unlock significant value from the middle and bottom of the socio-economic pyramid, thereby driving inclusive and equitable growth.
The sustainability report can be accessed at the micro site specially created: http://sustainability.mcxindia.com. It is also accessible from the MCX homepage at www.mcxindia.com.
Taurus Mutual Fund new issue closes on 24th March
Taurus Mutual Fund has launched Taurus Fixed Maturity Plan Series E (91 Days), a close-ended income scheme.
The investment objective of the scheme is to generate income with minimum volatility through investments in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme. The tenor of the plan is 91 days.
The new issue closes on 24th March. The minimum investment amount is Rs5,000.
Crisil Liquid Fund Index is the benchmark index. Rahul Pal and Pankaj Jain are the fund managers.