ET Intelligence Group: Austria-based RHI Magnesita, the world’s largest supplier of refractories, is looking to raise capital in its Indian subsidiary to fund expansion and upgrade the recently acquired assets in India. It acquired refractory makers Dalmia OCL and Hi-Tech Chemicals in the December quarter, tripling its capacity to nearly 500,000 tonnes.These developments are positive for the company’s India-listed stock, which has gained nearly
