Welspun Maxsteel Ltd
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Welspun Maxsteel Ltd
Welspun Maxsteel Ltd. is an Indian steel company. It is located near Salav village in Murud taluka. History Welspun Maxsteel Ltd. was formed on 22 May 2009 after Welspun Steel Ltd. completed the acquisition of Vikram Ispat, the sponge iron division business of Grasim Industries Ltd. Now part of the US$3 billion Welspun Group, the facility was set up in 1989 with design capacity of 0.75 million tons of Sponge Iron in the form of hot briquetted iron and an initial investment of Rs. 525 crore. In August 2014, JSW Steel Ltd JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group. After the merger of ISPAT Steel and Jindal Vijayanagar Steel Limited, JSW Steel became India's second largest private secto ... acquired Welspun Maxsteel Ltd in a deal valued at around 1,000 crores. Steel facility Spread across 435 acres of land with a captive Port, the facility is located in the scenic beaches of Salav village in ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Mumbai
Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the List of cities in India by population, second-most populous city in India after Delhi and the List of largest cities, eighth-most populous city in the world with a population of roughly 20 million (2 crore). As per the Indian government population census of 2011, Mumbai was the list of cities in India by population, most populous city in India with an estimated city proper population of 12.5 million (1.25 crore) living under the Municipal Corporation of Greater Mumbai, Brihanmumbai Municipal Corporation. Mumbai is the centre of the Mumbai Metropolitan Region, the sixth most populous metropolitan area in the world with a population of over 23 million ...
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Lower Parel
Lower Parel (Pronunciation: əɾəɭ əɾeːl station code: PL) railway station is a railway station on the Western Line of the Mumbai Suburban Railway, India. The next station south is Mahalaxmi railway station; the next station north is Prabhadevi. Lower Parel railway station has three platforms. From platform no.1, slow local trains go towards Dadar-Bandra-Andheri-Borivali -Virar, from platform no.2, slow local trains go towards Mumbai Central-Churchgate, and Platform No.3 is kept as a reserve that can be used in emergency and during mega-block on Sundays. As Lower Parel has become a corporate hub, thousands of people use the railway station daily, which makes the Lower Parel railway station one of the most crowded local railway stations of Mumbai. It will have a connection to phase II of the Mumbai Monorail, due to open in 2015. The Delisle Bridge, which connects to Lower Parel, was shut to traffic in 2018 and is expected to reopen in 2023 after pandemic-caused del ...
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Maharashtra
Maharashtra (; , abbr. MH or Maha) is a state in the western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the second-most populous state in India and the second-most populous country subdivision globally. It was formed on 1 May 1960 by splitting the bilingual Bombay State, which had existed since 1956, into majority Marathi-speaking Maharashtra and Gujarati-speaking Gujarat. Maharashtra is home to the Marathi people, the predominant ethno-linguistic group, who speak the Marathi language, the official language of the state. The state is divided into 6 divisions and 36 districts, with the state capital being Mumbai, the most populous urban area in India, and Nagpur serving as the winter capital, which also hosts the winter session of the state legislature. Godavari and Krishna are the two major rivers in the state. Forests cover 16.47 per cent of the state's geographical area. Out of the total cultivable land in the ...
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