Pramod Mittal-led companies fail to ride commodity super cycle, lose executivesOther Independent directors Rupanjana De, Sujit Kumar Majumdar, Kashi Prasad Khandelwal and Susil Kumar Pal have also resigned from the boa...
27 May, 2021, 07.59 AM IST
Tata Steel arm to double ferrochrome manufacturing capacity“We will take both the organic and inorganic routes to augment our ferrochrome manufacturing capacity in India, leveraging the strength of ...
16 Apr, 2021, 09.20 AM IST
Balasore Alloys sees top-level exits over salary non-paymentIndependent directors Rupanjana De, Sujit Kumar Majumdar, Kashi Prasad Khandelwal and Susil Kumar Pal have resigned from the board, citing ...
30 Mar, 2021, 08.23 AM IST
Essar Steel shareholder seeks rejection of ArcelorMittal bid for firmThe plea by Essar Steel Asia Holdings Ltd (ESAHL) comes weeks after an insolvency court cleared ArcelorMittal's bid for Essar Steel
07 May, 2019, 07.31 PM IST
Odisha slaps demand notices of Rs 3,200 crore on chrome minersOdisha has slapped demand notices of more than Rs 3,200 crore on chrome ore players in the state, including Tata Steel, IMFA, Facor and Bal...
13 Apr, 2018, 04.21 PM IST
ETMarkets After Hours: A 10-point wrapup of what moved marketDalal Street logged solid gains on Monday, its third straight gain in a row.
09 Apr, 2018, 06.57 PM IST
Balasore Alloys to acquire 70% share in Zimbabwe AlloysThe deal would involve a cash payment of US$ 16.47 million for acquisition of 70% shares from existing shareholders.
10 Jan, 2018, 11.11 PM IST
ED freezes assets worth Rs 245 crore in STC fraud caseThe agency had early this year registered a criminal case under the PMLA against Global Steel Holding, its chairman Pramod Kumar Mittal and...
16 Dec, 2017, 09.26 PM IST
Indian ferrochrome producers to benefit from jump in pricesRates of the alloy, which is used in production of steel, have risen in global market due to high demand from China and shortage in supply.
24 Nov, 2016, 08.29 AM IST
CCI clears acquisition of Rohit Ferro-Tech's unit by Balasore Alloy LtdFair trade regulator CCI has cleared Balasore Alloys' proposed acquisition of Odisha unit of Rohit Ferro-Tech saying that the deal may not ...
26 May, 2015, 09.38 PM IST
State-run STC to receive dues worth Rs 1,818 crore from GSPISTC is also to recover Rs 58.55 crore from Odisha-based Balasore Alloys Ltd, which is part of Global Steel Holding Ltd, UK (GSHL).
13 May, 2015, 06.19 PM IST
BJD relies on old timers, retains 5 Lok Sabha MPsThe party today announced that veteran leader A U Singh Deo would give up his Rajya Sabha seat won last month, to fight assembly elections.
21 Mar, 2014, 01.16 PM IST
Younger brothers of Lakshmi Mittal, Pramod and Vinod, going their own waysIn Dec 2010, the two younger brothers ended their own foray into steel making. Weighed down by debt, the Mittals sold a majority stake in I...
28 Jan, 2014, 06.50 AM IST
- Balasore Alloys chalks out plan to double turnover
Balasore Alloys Ltd (BAL) has chalked out a plan to more than double its turnover and raise profits five-fold in the next three years.
29 Dec, 2011, 02.52 PM IST
- Balasore Alloys faces shutdown by year-end over power arrears
Balasore Alloys Ltd may have to down shutters by the year end with power distribution company Nesco asking it to clear arrears amounting to...
22 Dec, 2011, 07.11 AM IST
- Balasore Alloys FY11 consolidated net rose 115 pc to Rs 27 crore
Balasore Alloys today reported a 114.62 per cent rise in its FY11 consolidated net profit at Rs 26.85 crore on higher sales.
26 May, 2011, 08.35 PM IST
- Balasore Alloys Q1 net profit is Rs 1.53 cr
Balasore Alloys, a leading producer of ferro chrome in the country, has notched up a Rs 1.53 crore net profit for the first quarter this ye...
04 Aug, 2006, 08.50 PM IST