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CHHATTISGARH STEEL INDUSTRY
Vedanta Aluminium shares tumble 14% in 3 days since listing. What’s dampening the shine of Vedanta’s new crown jewel?Vedanta Aluminium shares hit the 5% lower circuit for a third straight session on Wednesday, extending their post-listing decline to 14%. S...
Missed Vedanta's buy 1 get 4 offer? Which spun-off stock to buy after listing todayVedanta’s four demerged entities debuted on exchanges, with brokerages highlighting aluminium as the most attractive segment. Analysts cite...
Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following...
Vedanta Aluminium lists at Rs 527 on BSE after demerger. Is it the group’s new crown jewel?Vedanta Aluminium Metal shares debuted on Monday at Rs 527 on the BSE. The company's market capitalization reached Rs 2.06 lakh crore. Anal...
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
Vedanta listing: Aluminium, Power, Oil & Gas, Iron & Steel share trading starts Monday. Target price and what else to expectFour Vedanta entities are set to list on stock exchanges on Monday, June 15, following a mega demerger. Vedanta Aluminium is expected to de...
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
Chhattisgarh power plant blast: Death toll rises to 21; Congress demands culpable homicide chargeThe death toll from the April 14 blast at Vedanta's power plant in Sakti district, Chhattisgarh, has reached 21. A worker died from injurie...
FIR against Vedanta plant management officials, others after Chhattisgarh blast kills 20 workersChhattisgarh police have filed a case against Vedanta power plant management. This action follows a deadly blast on April 14 that claimed 2...
Jindal Steel deploys syngas in furnaces to counter shortages of natural gas, LPGJindal Steel has successfully used syngas in its galvanizing and color coating furnaces. This move counters shortages of natural gas, LPG, ...
Book coconut harvester like a cab? Anand Mahindra says India is digitising even its most traditional jobsCoconut harvesters are now booked like cabs in Kerala, showcasing India's evolving services economy. Skilled workers from across the countr...
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...
Jindal Steel doubles Angul plant capacity to 12 MTPAJindal Steel has successfully doubled its Angul steel making capacity to 12 million tonnes per annum. This expansion makes the Angul facili...
'Coal and LPG prices may be adversely affected': Chhattisgarh Mini Steel Plant AssociationChhattisgarh's steel industry is grappling with challenges stemming from a worldwide LPG scarcity. The current unrest in West Asia is compl...
Debate emerges over iron ore export ban amidst clashes between steelmakersSteelmakers without captive mines seek a ban on iron ore exports to safeguard their industry, while iron ore producers oppose this move. Pr...
Odisha end users must get priority in iron ore auction: Naveen JindalWelcoming Odisha government's recent notification for auction of mines under the new MMDR Act, Jindal Steel and Power Ltd (JSPL) Chairman N...
- NMDC cuts iron ore lumps prices by 2.5% for March
Aiming to increase its flagging sales, sate-owned miner NMDC has reduced prices of higher grade iron ore (lumps) by about 2.5 per cent
- NMDC hopes to bridge production shortfall
NMDC had produced 272.6 lakh tonnes iron ore in 2011-12, recording an eight per cent growth over 2001-11.
- NMDC's production, sales dip by over 13 per cent in April-December
The company had produced 320 lakh tonnes in 2007-08, 285 lakh tonnes in 2008-09, 238 lakh tonnes in 2009-10 and 252 lakh tonnes in 2010-11.
- Prakash Ind to add 625 mw to Chhattisgarh unit
Delhi-based Prakash Industries on Wednesday said it is adding 625 mw to its existing 100-mw power plant in Chhattisgarh at an estimated cos...