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INDIAN STEEL
Sensex jumps above 540 points, Nifty closes near 24,000 as Dalal Street gains for 3rd dayIndian stock markets closed higher on Tuesday. Sensex and Nifty saw a significant rally over three sessions. This surge was driven by optim...- World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...
- Vedanta demerger unlocks 20% value; Aluminium arm becomes most valuableVedanta's five companies unlocked approximately 20% value following a major corporate restructuring. While four newly demerged businesses e...
- 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...
- India, UK working to resolve issues for trade pact implementationIndia and the UK are actively resolving issues impacting their free trade agreement. Discussions are underway in London to operationalize t...
- Anil Agarwal bets $20 billion on aluminium, steel, and zinc, and says Vedanta is only getting startedVedanta Group Chairman Anil Agarwal announced a $20 billion capital expenditure plan over three years, aiming to triple group businesses. T...
- Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...
- 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...
- 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...
- JRD Tata once lost his favourite pen. Top Tata official bought him a similar one from London. But JRD still refused to take it. Why?A lost pen led to a powerful lesson in integrity from JRD Tata. A Tata Steel executive found an identical pen in London and gifted it to Ta...
- Stocks in news: Lenskart, GNG Electronics, Vedanta, Infosys, RILMarkets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Block deals in GNG Electronics and Le...
- Vedanta demerger: Four spin-off companies list on exchanges on June 15Vedanta’s four demerged businesses will begin trading on June 15, completing a major corporate restructuring. The listings will enable mark...
- From Sunil Mittal to Sridhar Vembu, Harsh Goenka on nine entrepreneurs building India as their longest, proudest projectIndustrialist Harsh Goenka lauded nine prominent Indian business leaders for their nation-building efforts. Their work spans communication,...
- India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
- JSW Steel crude steel production rises 15% to 22.93 LTJSW Steel reported a significant 15 percent jump in crude steel production for May. The company produced 22.93 lakh tonnes, a notable incre...
- 'Domestic cos got lower subsidies than Chinese peers, on par with North America'Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. In...
- Tata Group units plan bond sales after year-long gap, bankers sayTwo Tata Group infrastructure units, Tata Steel and Tata Projects, are poised to re-enter the corporate bond market after a 15-month hiatus...
- Tata Steel says UK plant's low-emission project facing delays in securing electricity accessTata Steel's significant UK project for low-carbon steel production is facing delays. The company is experiencing a setback of six to eight...
- Fire breaks out at Tata Steel's United Kingdom plantA fire erupted at Tata Steel's Port Talbot plant in the UK. Emergency services responded swiftly to the incident. All personnel were safely...
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