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TATA STEEL NINL EXPANSION
SAIL H1 hot metal output 10.2 MT, up 2% on yearSteel Authority of India Ltd has set a new benchmark with a record hot metal production of 10.2 million tonnes for the period of April to S...
Tata Steel expanding NINL capacity to 5 MT per annum: CEO TV NarendranTata Steel is channeling Rs 40,000 crore towards boosting the capacity of Neelachal Ispat Nigam Limited (NINL) by an impressive 5 million t...
Trent’s Q2 revenue rises 23% YoY to Rs 5,788 crore; Zudio crosses 1,000-store milestoneTata Group retailer Trent reported 23% year-on-year growth in standalone revenue to Rs 5,788 crore in Q2FY27, while H1 revenue rose 21% to ...
Shyam Metalics signs deal to invest over $5 billion in Maharashtra stateShyam Metalics and Energy has signed an agreement with the Maharashtra government for a significant investment. This investment will establ...
Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
Globalisation 2.0, can it be furrowed home?Indian corporations are making bold strides abroad, with Essar establishing a massive $15 billion steel complex in Iowa. Notable companies ...
Sensex falls 49 points, Nifty ends below 22,650 as market continues to bleed. What lies ahead?The Indian stock market saw further declines as the Sensex dipped nearly 49 points while the Nifty sank around 96 points by session's end. ...
Essar-backed Mesabi Metallics to set up $15-billion steel plant in USMesabi Metallics will use iron ore for the Iowa plant from its mine in Minnesota, which was recently operationalised. The company has inves...
Stocks in news: Tata Steel, KPI Green Energy, NLC India, Poonawalla Fincorp and Cummins IndiaIndian equity benchmarks faced a decline as both the Nifty 50 and BSE Sensex hit six-month lows. The Nifty 50 saw a drop of 64.05 points, o...
Tata Sons shake-up could hit Tata Group credit ratings, S&P warnsS&P Global Ratings has indicated that upcoming changes within the Tata Group may affect credit quality. The agency pointed out that leaders...
Air India's ₹10,000 crore fundraise plan draws cashflow concernsAir India is currently looking to secure ₹10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide c...
From India to Iowa: Ruias return to steel with an ambitious $18 billion US betRuias are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annual...
Change in Tata structure could affect rating, says S&PThe leadership transition or changes in the group structure or stakeholder priorities may raise questions around the continuity of the grou...
Tata Sons listing, leadership transition may reshape group's long-term financial strategy: S&PS&P Global said a potential Tata Sons leadership transition or listing would not immediately affect group company ratings, with financial p...
Motilal Oswal sees Aster DM EBITDA rising 25% CAGR through FY28; sets Rs 910 targetMotilal Oswal has initiated coverage on Aster DM Quality Care with a Buy rating and Rs 910 target, citing merger synergies, capacity expans...
Tata Electronics triples equity investment as iPhone, chip plans expandTata Electronics significantly increased capital investments and debt financing for Apple iPhone manufacturing and semiconductor initiative...
Tata companies face a tough call on Chandra vote at AGMTata Group companies are preparing for the upcoming AGM concerning N Chandrasekaran's reappointment as a director. These companies, includi...
India orders captive coal plants to maximise power output on surging demandIndia has ordered more than 100 coal-fired power plants to operate at full capacity starting October 1, which is intended to meet rising el...
Tata Steel extends Dutch green steel pact by five months to March 2027Tata Steel has announced a five-month extension of its sustainable steel production agreement with the Province of North Holland. This exte...
India has its own structural growth story beyond current global focus on AI, says JefferiesIndia is expected to experience significant growth driven by renewable energy and private-sector investment. The country aims to enhance it...