Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
SBI-led banks seek bids for Essar Group promoter guaranteesThe reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capi...
India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping dutyIndia's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel man...
MSMEs key to creating 20 lakh jobs in Andhra: Minister Nara LokeshThe government is promoting decentralized development through clusters and simplifying business processes. Plans are underway to list 100 A...
Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
Adani, Arcelor among firms setting up treasury operations in GIFT City, sources sayMajor firms like Adani, Bharti Airtel, Genpact, and ZF Friedrichshafen are setting up treasury operations in India's GIFT City. This tax-ne...
Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortiumA consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will...
Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdlesThe proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and com...
Industrial AI startup Intellithink raises Rs 17 crore in round led by Pentathlon VenturesAnicut Capital and Veltis Capital participated in the round. The Bengaluru-based industrial AI startup serves over 50 enterprises, includin...
Not just Noida, why workers are protesting across several cities in IndiaIndustrial unrest has erupted in Noida, one of Asia’s largest planned industrial hubs, as workers across thousands of units protest over mi...
BJD vs BJP over 'shifting' of steel plant to Andhra PradeshA political dispute has erupted between the BJD and BJP over a major steel plant. The BJD claims the ArcelorMittal Nippon Steel project, in...
AM/NS India finance chief Amit Harlalka to replace retiring CEO Dilip OommenDilip Oommen, CEO of AM/NS India, will retire at the end of June. Amit Harlalka, the current chief financial officer, will take over as CEO...
ArcelorMittal Nippon Steel chief Dilip Oommen to retire; Amit Harlalka promoted to CEOArcelorMittal Nippon Steel India announces CEO Dilip Oommen's retirement on June 30. Oommen will continue as a board member and Vice-Chairm...
AM/NS India lays foundation for ₹70,000 crore steel plant in AndhraAM/NS India has begun construction of a major steel plant in Anakapalli, Andhra Pradesh. This significant project represents a Rs 70,000 cr...
Andhra CM lays foundation for Rs 1.36 lakh crore ArcelorMittal Nippon Steel India steel plantAndhra Pradesh Chief Minister N Chandrababu Naidu initiated the foundation for a massive ArcelorMittal Nippon Steel India steel plant. This...
ArcelorMittal Nippon Steel India to start work on Rs 70,000 cr Andhra steel plant next weekArcelorMittal Nippon Steel India is launching its largest greenfield steel project in Andhra Pradesh, investing Rs 70,000 crore in the firs...
ArcelorMittal & IMETAL agree to restructure shareholdingsThe two cos have reached an agreement to restructure the shareholding of ArcelorMittal Algeria, ArcelorMittal Pipes and Tubes Algeria and A...