Speciality steel maker Usha Martin Ltd is planning to sell its wire and wire rope business. “The board of directors of the company at its meeting held today (Friday) has appointed a consultant to ...

Kolkata, Sep 24 (PTI) Highly leveraged Usha Martin Limited has got feelers from overseas and domestic buyers to sell its wire rope business, the proceeds of which would mostly go towards reducing ...

The Usha Martin Limited, currently in financial distress, is contemplating selling its wire rope or steel business for which it has appointed a consultant.

The Usha Martin Group is India's largest and the world's third largest wire rope manufacturer. The group has manufacturing facilities in India, UK, and Thailand and now in Dubai.

Usha Martin Limited, (UML), one of the world’s largest wire rope manufacturing company, is facing tough times — both financially and in terms of reputation.

The recent acquisition of the Binda and Sasai coal block in Jharkhand will ensure availability of fuel to wire rope maker Usha Martin. But on the flipside, the higher cost of fuel will add further ...

Kolkata, Sep 21 (PTI) The Usha Martin Limited, currently in financial distress, is contemplating selling its wire rope or steel business for which it has appointed a consultant.