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MUKAND SUMI
Japanese companies confirm Rs 4,000 cr investment in Karnataka: M B PatilKarnataka Minister M B Patil announced confirmed investments of Rs 4,000 crore following a recent delegation visit to Japan. These investme...- Mukand Sumi Special Steel to invest Rs 2,300 cr in greenfield project in KarnatakaMukand Sumi Special Steel will invest Rupees 2,345 crore for a new project in Kanakpura, Karnataka. This venture aims to boost the company'...
- Indian alloy steel producers file anti-dumping plea against Chinese steel, executive saysIndian alloy steel producers have lodged an anti-dumping petition with the trade ministry against inexpensive alloy steel imports from Chin...
- Indian alloy steel producers plan anti-dumping plea against Chinese steel, executive saysThe Indian Alloy Steel Producers' Association (ASPA) plans to file an anti-dumping petition against cheap steel imports from China. The ass...
- Firms seek expansion of speciality steel products covered under PLI 1.1Speciality steel manufacturers are advocating for the inclusion of value-added products like wires, bright bars, and stainless-steel compon...
- CCI clears NBC Universal Media's stake buy in BTS Investment 1, BTS VCCThe proposed combination pertains to acquisition by NBC Universal Media LLC (NBC Universal) of certain shareholding of BTS Investment and B...
- Stocks in the news: Shree Cement, Zomato, Balrampur Chini, PNB Housing and IHCLPower Grid, Zomato, Coal India, Siemens, Motherson Sumi, Lupin, Jindal Steel & Power, Max Financial, Trent, Whirlpool of India and CAMS wil...
- A Bajaj JV, one of India's oldest tie-ups, will get unstuck this weekSources close to both families say the separation has been in the works for several months now. Mukand has been languishing for years and b...
- Mukand Ltd completes sale of land in Thane for Rs 801 crore to NTT Global Data Centers Nav2Mukand in December 2020 entered into an agreement for the transfer of this 55-acre leasehold land and the accompanying structures at the Tr...
- Mukand Ltd to cut debt by Rs 1,200 crore post divestment in joint venture MSSSL“This divestment will be completed in tranches over the next one year.It will reduce the Company’s debt by around Rs 1,200 crore,” said the...
- Stocks in the news: Reliance Capital, Sintex, YES Bank, Eros, Jet and Reliance NipponKotak Securities has maintained add rating on KNR Constructions with a target price of Rs 312.
- Stocks in the news: Lupin, ONGC, IDBI Bank, Coal India and Bharti AirtelUBS has maintained buy rating on Motherson Sumi and lowered target price to ₹160.
- Stocks in the news: Sun Pharma, JB Chemicals, SpiceJet, PNB, YES Bank and Manpasand BeveragesEdelweiss has maintained buy rating on IGL with a target price of Rs 365.
- Mukand Group to invest Rs 750 crore to boost steel-making capacity in South IndiaThe company plans both greenfield and brownfield expansion; move comes at a time when sector is seeing some consolidation
- Mukand aims to cut debt to Rs 1000 cr post JV with SumitomoThe JV is named Mukand Sumi Special Steel, in which the Japanese trading company has picked up 49% for a consideration of Rs 1,180 crore
- Stocks to watch: Reliance Industries, ICICI Bank, Ess Dee, Mahindra Satyam, Jaiprakass AssociatesReliance Industries on Friday announced a worse-than-expected decline in profit in the June quarter, as margins from its refining business ...
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