Metro Observer Daily

It was in 1961 when   Usha Martin   was started in Ranchi, Jharkhand where it manufactured wire rope. As of now, the same manufacturing company has managed to build an empire of 1 billion along with an exceptional worldly presence. The company has outdone its work by setting higher and new standards in terms of wire rod manufacturing, steel wires, wire ropes, and conveyor cord. Usha Martin  Limited also deals with the rope business as it produces wires, LRPC, strands, and wire ropes which are utilized in infrastructure, construction, steel, and more. In terms of manufacturing capacity, the company has around 230,000 tonnes every year through the two facilities in India that are in Ranchi (Jharkhand), and Hoshiarpur (Punjab) as well as through the three overseas units located in Thailand, the UK, and Dubai. Impact of selling steel business to the Tatas As per the recent reports it has been in the news that  Usha Martin  sold around 1 million tones integrated stee...

“We’re back!” Hong Kong’s financial secretary Paul Chan told a conference intended to show the Chinese city was open for business following the lifting of coronavirus measures that undermined its status as a hub for international finance. But Chan himself was not back at all. After catching Covid-19 on a work trip, he was stranded in the Middle East owing to Hong Kong’s remaining pandemic restrictions and appeared at the fintech gathering on Monday via a video link. The incident encapsulated the challenge Hong Kong faces in persuading global investors to return to a territory that imposed weeks-long quarantines and unpredictable flight bans through much of the pandemic. The fintech conference is part of a week of gatherings — including a global forum for financial institution chief executives and the return of the celebrated rugby Sevens tournament — that the government hopes will announce Hong Kong’s re-engagement with the business world. But at least three senior executives have pull...