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INDIA STEEL MARKET GROWTH
India to remain among fastest-growing steel markets in FY27: India Ratings and ResearchIndia's steel market will remain a global growth leader through fiscal year twenty twenty-seven. Strong domestic demand from infrastructure...
Automatic for the people: Rising incomes reshape India's car marketAs incomes rise and family earnings change, India's automotive market is poised for a notable shift. In the coming decade, middle-income ho...
India's July factory growth near five-year low on weaker demand, PMI showsIndia's manufacturing growth slowed to a near five-year low in July as weak demand weighed on new orders, while hiring growth softened for ...
Jindal Steel to spend less, focus on utilising capacity: MD VR SharmaJindal Steel will not take on debt for capacity expansion, focusing instead on optimizing operations. The company plans to invest in value-...
Global brands like Apple, Unilever hail India as top growth market in June quarterSeveral global consumer goods corporations, including prominent players like Apple and Unilever, delivered outstanding results in the June ...
Global FMCG giants bet big on India as demand, premiumisation riseGlobal consumer product makers reported strong demand in India during the June quarter. Companies like Mondelez and L'Oreal saw acceleratin...
Value addition key for Tata Steel as prices fall and costs increaseTata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and co...
From L’Oreal to Unilever, global FMCG giants step up India investments to expand retail reachGlobal consumer product makers reported strong demand and market share gains in India. Companies like Mondelez and L'Oreal see India as a k...
India needs more GST relief to make travel affordable, drive tourism growth: SOTC Travel MDFurther GST rationalization on domestic hotels and restaurants could fuel tourism growth. The government's move to reduce tax collected at ...
JSW MG Motor India posts highest-ever monthly wholesales in July, dispatches rise 22% to 8,158 unitsJSW MG Motor India reported a twenty-two percent rise in dealer dispatches for July. The company achieved its highest-ever monthly wholesal...
Tata Steel can unlock a lot of value with less capital downstream: CEO & MD T V NarendranTata Steel executives emphasize value-added products over mere production capacity. Changing market dynamics necessitate a focus on downstr...
Apartment sales in Bengaluru rise 16% in Jan-Jun to 35K units, highest among top 7 cities: JLLIn a significant surge, Bengaluru and New Delhi led the charge with 35,017 apartment sales, spotlighting a robust Indian real estate landsc...
Moody upgrades JSW Steel to global investment grade Baa3“This rating is a recognition of the strength and resilience of JSW Steel’s business - our scale as India’s largest steel producer, our cos...
Global Market: China's factory activity contracts unexpectedly in July; metal, commodity stocks may stay under pressureChina's manufacturing activity unexpectedly slipped into contraction during July. The official manufacturing Purchasing Managers' Index fel...
Buy, Sell or Hold: Elara Capital downgrades Swiggy; Morgan Stanley remains overweight on M&MTop brokerages issued fresh stock views following mixed Q1 FY27 earnings. Elara Capital downgraded Swiggy to Accumulate with a target of Rs...
Tata Steel Q1 net profit beats estimates; approves Rs 33,873 crore capexTata Steel's consolidated net profit increased nearly twelve percent year-on-year. This growth was primarily driven by a robust performance...
Tata Steel Q1 net up 12% on India performanceTata Steel's net profit rose nearly twelve percent year-on-year for the June quarter. The company announced a substantial capital expenditu...
Tata Steel Q1 Results: Profit rises 15% to Rs 2,318 crore, revenue climbs 14%Tata Steel reported a 15% year-on-year rise in Q1 consolidated net profit to Rs 2,318 crore, driven by higher revenue and stronger operatin...
SAIL, Krakatau Steel plan $350 million investment in stainless steel plantIndia's Steel Authority of India and Indonesia's Krakatau Steel will invest $350 million. A new stainless steel slab plant in Indonesia wil...
Tata group profit jumps 5x in six years as market value triples amid big bets on Air India, semiconductors & digitalTata Sons posted standalone net profit of ₹31,961 crore for the year ended March, up from ₹26,232 crore a year ago, while revenue rose 9.1%...