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KRAKATAU STEEL JOINT VENTURE
Texmaco, TrinityRail and Touax to invest Rs 2000 crore to boost rail lease businessThree companies will invest Rs 2,000 crore over three years for new wagons. This investment will procure approximately 6,500 wagons for pri...- In 1969, four scientists entered an underwater lab to test long-term life beneath the sea; 60 days and a 19-hour decompression later, all emerged safelyFour scientists lived underwater for sixty days in 1969. This mission studied marine life and human endurance in isolation. The habitat was...
- India's top refiner IOCL scouts stakes in gas carriers as it plans higher US importsIndian Oil Corporation is seeking to acquire a fifty percent stake in very large gas carriers. This move prepares the company for increased...
- 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...
- Ford raises annual profit forecast again as truck demand stays strongFord Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensi...
- Building materials quick commerce startup Fixxly raises $5.5 million from Accel, Lightspeed, FiresideFixxly plans to use the capital to build its technology platform, hire employees, and expand operations. It will begin operations in Bengal...
- Odisha tightens iron ore grade checks after alleged royalty underreporting: ReportOdisha, India's largest iron ore-producing state, has stepped up quality-control inspections after authorities found instances of miners al...
- Pentagon says US drone production still trails Ukraine by wide marginThe United States faces significant challenges building its domestic drone industry. Ukraine currently produces millions of small attack dr...
- Orange, Morrison plan French data centre venture to meet AI demandThe 50-50 venture would target 400 megawatts of capacity, nearly 10 times Orange's current level, and would be supported by a €3 billion ...
- Ice Make Refrigeration partners with Japan's Galilei Holdings for strategic investment, JVThe company will also explore inorganic growth opportunities in allied sectors. Funds will support capacity expansion and debt repayment in...
- Kuwait's KPC signs $16 billion lease & leaseback deal with Blackstone, KKR, Brookfield for oil pipeline networkKuwait Petroleum Corporation has signed a significant $16 billion deal for its crude oil pipeline network. This landmark agreement involves...
- Sona Comstar to form 2 JVs with Japanese Denso Corp for electric, hybrid powertrain systemsSona Comstar and DENSO Corporation are forming two joint ventures for electric and hybrid powertrain systems. These partnerships will focus...
- India's steel ambitions face a coal reality checkIndia faces challenges securing metallurgical coal for its expanding steel sector. Australia's declining exports create a significant suppl...
- TikTok US chief security officer to testify before US House on September 15This is the first time a TikTok US executive will testify publicly in the US House since the company's Chinese owner, ByteDance, finalized ...
- Dixon Tech shares down 30% from 52-week high. Can these 3 triggers reignite the rally for 79 lakh shareholdersDixon Technologies shares may see a rally after recent declines from their peak. Government approval for the Vivo joint venture is a signif...
- Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
- Japan's SOMPO seeks control of Universal GeneralJapan's SOMPO Insurance is discussing increasing its stake in Universal SOMPO General Insurance. The Japanese insurer aims to acquire share...
- Naveen Jindal Group in talks with US, French tech companies for proposed nuclear projectsNaveen Jindal Group is discussing nuclear technology with global providers like EDF and Westinghouse. They are also exploring options with ...
- SAIL, Indonesia's Krakatau Steel explore 1 million tonnes stainless steel projectEarlier this week, the state-run steelmaker and the Indonesian company signed a memorandum of understanding to explore setting up a joint v...
- SAIL, Indonesian firm to explore JV for stainless steel manufacturingSAIL and Indonesia's PT Krakatau Steel will explore a joint venture for stainless steel slab production. This collaboration aims to meet In...
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