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AUTOMOTIVE INDUSTRY STEEL CONSUMPTION
Steel prices at 4-year high; trend to continue in H2: ReportDomestic steel prices have reached a four-year high, driven by costlier raw materials. Hot rolled and cold rolled coil prices have signific...- August core sector growth hits 3-month low as energy sectors lose steamIndia's core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable...
- India can do without US steel exports, says Naveen Jindal; flags domestic demand as key growth driverNaveen Jindal, chairman of Jindal Steel, said India can sustain its steel industry without depending on exports to the US, as domestic dema...
- Tata Steel shaped Naveen Jindal’s idea of business beyond steel. He reveals howJindal Steel chairman Naveen Jindal said Tata Steel’s model of building hospitals and schools around its plants inspired his group’s approa...
- Logistics firms bulk up hiring, capacity to carry heavier festival loadsAs the festive season approaches, Indian logistics firms are bracing for a notable spike in shipment volumes. Companies like DTDC and Blue ...
- India needs to move beyond chip manufacturing, use Indian chips in products designed and made locally: ReportIndia’s next phase of semiconductor growth should focus beyond manufacturing capacity on building a domestic ecosystem where chips designed...
- Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...
- Domestic steel prices likely to stay firm as demand recovery, supply constraints support market: ReportDomestic steel prices are expected to remain firm this September. Post-monsoon construction activity is gradually recovering, supporting de...
- Tata Steel seeks fresh UK government funding as Port Talbot EAF project faces delays: ReportTata Steel has requested additional UK government funding for its Port Talbot plant. Delays in the plant's transformation are increasing pr...
- Jindal Supreme IPO gets bumper subscription at 181 times on final day; GMP at 27%Jindal Supreme IPO: The Jindal Supreme IPO saw overwhelming investor interest, closing oversubscribed 181 times. Retail and Non-Institution...
- Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picksMotilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings gro...
- Auto PLI investments have crossed Rs 45,000 crore: H D KumaraswamyInvestments under the automobile production linked incentive scheme have surpassed Rs 45,000 crore. The government's policy support aids do...
- Jindal Supreme IPO Day 2: Issue subscribed over 31 times, GMP at 27% — Should you subscribe?The Jindal Supreme IPO has attracted strong Day 2 demand, with overall subscription reaching 31 times. Its GMP stands at Rs 25, suggesting ...
- Inside Tata's empire as N. Chandrasekaran secures another five-year termTata Sons reappointed N. Chandrasekaran as chairman for another five years. The conglomerate's aviation business includes Air India and Air...
- A-One Steels fixes price band for Rs 405-crore IPO opening on September 24A-One Steels IPO has fixed its price band at Rs 385-405 per share and will open for subscription on September 24. The Rs 405 crore issue co...
- Government reviews use of ship-recycled steel to boost manufacturingMinisters reviewed using ship recycling steel to boost domestic production. Key stakeholders examined regulations for secondary steel usage...
- Indian steel industry creating new opportunities for ferro-alloy sector: IFAPAAs India's steel sector expands, local ferro-alloys producers find exciting prospects ahead. The industry emphasizes the need for secure ac...
- EV-related stocks: Own the chain, not the guess; 13 stocks with upside potential of up to 28% and downside risk of -14%, according to analystsIn the stock market, when a big theme or sectoral trend takes off, most investors focus on the face of it. A brand with which they can rela...
- Tata Steel commissions India's 1st coke oven gas injection project at its Odisha plantTata Steel has commissioned a coke oven gas injection project at its Meramandali plant. This initiative supports the company's Net Zero by ...
- Jindal Stainless signs pact with Japan's JFE Steel to boost ferritic stainless steel manufacturingIn a significant move, Jindal Stainless has teamed up with JFE Steel Corporation from Japan, focusing on amplifying its production of speci...
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