contentSutra.com - India\'s Digital News Monitor

Current Story

Images Multimedia Group Gets FIPB Approval For Rs. 33.37 Crores

By Nikhil Pahwa - Fri 02 May 2008 06:29 AM PST

Delhi based Images Multimedia group has received a clearance from the Foreign Investment Promotion Board for bringing in a foreign direct investment (FDI) of Rs. 33.37 crore, for a dilution of 26 percent stake in their publications business. The Images group primarily owns specialty publications and portals around Fashion and Retail.

They have industry-specific portals like Indiaretailing.com (which they had launched last year), Imagesfashion.com, ImagesRetail.com, as well as specialty publications Images BOF (Business of Fashion), Images Retail, Images Fashion & Life (FNL), among others. The group also has a website Msutras.com for ther mens magazine M). They’re also the group behind events like the Lycra Images Fashion Awards, the Images Fashion forum and the India Retail Forum. There’s nothing on which foreign investor is investing in Images Multimedia is raising this funding from, and we’re trying to find out.

Posted in: JV & Investment, Magazines, Policy, Portals



Related Research from Alacrastore.com
2 Responses:
  • From I.V.SUBBA RAO Sat 19 Jul 2008 11:10 PM

    Dear Sir,

    GOOD MORNING, I am I.V. SUBBA RAO, I Have developed advanced new technology, it is named as iron ore pellitization. Still it is not introduced in India for small and major sponge iron manufacturing industries.

    We are planning to set up 50 T.P.D Commercial production plant, its cost is around 24 Cores, but we are not financially sound enough. We have recently applied for patent rights, regarding this technology so many domestic and other country small scale sponge iron manufactures are contacting through mails and through phones. Lot of customers is interesting to utilize our technology, while before that they want to see the operation plant personally.

    If I set up 50 TPD plant id both ways it is like to pellet plant as well as commercial production plant.

    If any one help me financial loan of Rs 24. 0 Cores (Indian currency). I will set up the plant as early as possible (6.0 to 8.0months).

    After starting the commercial production we will start clearing ours loan immediately, other wise if want sponge iron material we will supply the material (just like barter system).

    But I can not show you any security like property or any other documents also, because I am a normal private employee.

    I am waiting for your early response.

    Thanking you,

    I.V.SUBBA RAO

    RAGHUVAMSI TECHNOLOGIES

    Ho.No.14-5-11.

    OPP.BATCHU SRI DEVI HOUSE

    SHIVALAYAM STREET

    PEDDAPURAM

    PIN:-533 437

    ANDHARA PREDESH

    INDIA-533437.

    MOB:-09490188826


    IF YOU WANT PLEASE SEE THE NOV2007 INTERNATIONAL STEEL MAGAZINE

    New Technology of Iron Ore Pelletization for DRI / Sponge Iron

    New Generation for Sponge Iron Steel Plant / Industries


    I have developed & Research one new technology in Sponge Iron i.e. Iron Ore (powder) Pelletisation. This concept is developed physically and practically. After completion of this experiment we have tested this material by Joyti Spectro Analysis Pvt Limited, Hyderabad .

    Presently, Iron ore pellets are being used by the small plants as well as big plants in India . It is natural material, that the raw material receiving from the iron ore mines in this material 20% to 25% of powder (i.e, 0 – 5 mm) is available. Some plants of the mining ore is being used by the ARC Furnaces. Some small plants using the same are facing some problems. By utilizing the ore powder, we can get kiln coating & ring formation also. But, for removing the same, we have to stop the Rotary kiln, once, from 60 to 90 days. Not only that, certain precautions, like separation of unburned coal, separation of unburned pallets from the Sponge Iron, material received from the kiln, before dispatch. In the present circumstances, they are using injet coal, coal lumps, coal chips,& lime stone may be used as fuel in Rotary Kiln. Still ore (i.e., 0.5mm) is not being used higher quantities.

    This technology may be used in every plant, from 50 TPD plant to such a major plant’s. Without facing any problem Iron Ore may be used. By this technology we need not use injet coal / coal lumps / chips & lime stone in the raw material and also no need of separation after receiving from kiln. By this technology 20% to 25% ore of wastage powder from mines may be used, so that the cost of Fuel & production cost will be decreased.

    Lakhs of tones deposits of iron ore is available in Indian iron ore mines, like Karnataka, NMDC, Madhya Pradesh and Goa . Out of which 40 - 50% is being used and out of the rest of the some is being got exported to the other countries like, China , Japan , Germany etc. By this technology 80% to 90% of ore powder (0 - 5mm) material may be used by small or major plants without any problems.

    This opinion is being expressed after keen observation on this technology, since 2 years. Interested persons may contact for more details & information to the below Email address.

    Email ID: ,

    Thanking you,

    I.V.SUBBA RAO
    RAGHUVAMSI TECHNOLOGIES
    Ho.No.14-5-11.
    OPP.BATCHU SRI DEVI HOUSE
    SHIVALAYAM STREET
    PEDDAPURAM
    PIN:-533 437
    ANDHARA PREDESH
    INDIA-533437.
    MOB:-09490188826

  • From A.C.Verma Mon 01 Sep 2008 03:47 AM

    We Spongy Tech - Project Consultancy services is an ISO 9001:2000
    certified Raipur based organization & consultant for Cement Corporation of India ltd(a govt. of India enterprise). The organization came into existence in the year 1991 under different banner primarily carrying various activities pertaining to mechanical / Civil / Process / Power. It has served various leading organizations like Modi Cement, Maiher Cement, Grasim Cement, Mysore Cement, C.C.I., Raymond Cement, Larsen and Tubro, BHEL, IOL, Jindal Strips Ltd., Monet Ispat Ltd., Raipur Alloys and Steel Ltd. etc.
    Spongy Tech has sets its goal to achieve total customer satisfaction
    and to deliver error free, Services and customer’s solution
    in time, with services second to none.
    SPONGY TECH developed the new technology “AAG’ - The Fuel Economizor
    (Optimised Technology To Reduce Fuel Consumption)

    Get back to us if you are intrested in Cement,Sponge Iron,Steel or power Plant Project.

    Thanks & Regards
    A.C.Verma
    Managing Director
    http://www.spongytech.com
    Raipur(Chattisgarh) India
    Mb:+ 91 9406031009
    Fax: +91 771-2575310
    email:

Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

contentSutra.com is a news site covering India's digital content market.

Rafat Ali
Publisher

Cerius Shah
Contributing Writer

FOBM Conference - Oct 28 | Edison Ballroom | NYC

Recently on paidContent.org

Jobs

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters