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DOWNSTREAM STEEL PRODUCTS
'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...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the first of them: Because of a commodit...
Canada's Enervoxa plans India rare earths project, may tie up with Vedanta, Hindalco, NALCOCanadian climate technology company Enervoxa plans to partner with Vedanta, Hindalco and NALCO to build a rare earth processing plant in In...
Shyam Metalics plans to double revenue by 2031 on the back of Rs 10,000-cr capexShyam Metalics and Energy anticipates improved margins and earnings by shifting to direct customer sales. The company plans significant inv...
Competition regulator dismisses case against Jindal Stainless over deals with Indonesian suppliersThe Competition Commission of India dismissed a case against Jindal Stainless. No evidence showed procurement arrangements violated antitru...
Govt sees good response to pre-application conference for Rs 37,500-cr coal gasification schemeThe government on Monday held a pre-application conference for its ₹37,500 crore scheme to promote surface coal gasification projects, draw...
Have metal stocks’ dependence moved from Chinese apartments to world's power grid? 5 metal stocks with upside potential of up to 34%Weak Chinese growth has traditionally been a warning signal for metal stocks. Yet, the latest disappointing data from China has caused only...
Shyam Metalics commissions aluminium foil facility at Sambalpur plant in OdishaShyam Metalics and Energy has commissioned a new aluminium foil manufacturing facility. This facility in Sambalpur, Odisha, has an annual p...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%Any long-term investor knows that corrections are part of every bull run. But it is important that they be aware whether the correction is ...
Tata Steel aims to spend Rs 20,000 cr in FY27 on expansion, adoption of technologiesTata Steel plans a capital expenditure of Rs 20,000 crore this fiscal year, with 60% earmarked for its Indian operations. This investment w...
Beyond China, beyond tariffs: India, Japan look to MSMEs to turn strategic ties into factory-floor partnershipsAs Japanese Prime Minister Sanae Takaichi visits India, industry sees the biggest opportunity not in tariff concessions but in supplier eco...
Man Industries bullish on Gulf after US-Iran truceIndian construction companies are set to gain from Middle East rebuilding. Man Industries acquired a Saudi Arabian firm, boosting its capac...
Odisha govt approves 20 mega investment proposals worth Rs 76,612 croreOdisha's government has approved 20 mega investment proposals totaling Rs 76,612 crore, projected to create over 50,000 jobs. These signifi...
China's subsidy edge poses biggest challenge to Make in IndiaAs Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...
Sudip Bandyopadhyay bets on pharma, metals and select cyclicals as geopolitical risks easeEasing West Asia tensions boost global markets, prompting investors to reassess opportunities. Market veteran Sudip Bandyopadhyay favors ph...
Inside Anil Agarwal’s $100bn vision: Vedanta Resources plans to relist with US as a likely targetVedanta's Anil Agarwal is listing four companies simultaneously. This move aims to unlock significant growth potential across its businesse...
Vedanta listing: Why its aluminium business is the undisputed crown jewel of the mega 4-way demergerFour demerged entities of Anil Agarwal-led Vedanta Group are set to begin trading on Monday, with Vedanta Aluminium Metal Ltd (VAML) expect...
Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
Fire at Tata Steel UK’s Port Talbot plant under investigation; operations impact unclearA fire erupted at Tata Steel UK's Port Talbot steelworks in Wales. Emergency services responded swiftly. Operations at a section of the pla...
US tariffs on agricultural machines to be cut, 50% metal levies stayThe US has reduced tariffs on farm equipment to 15% and introduced a new 10% tariff for products using at least 85% US-origin metals. These...