Vedanta bets on steel again, plans 7-fold capacity boostVedanta intends to increase its steel production capacity from 1.5 million tonnes to 10 million tonnes and is considering acquisitions in i...
31 Jan, 2025, 10.32 PM IST
Vedanta sees sale of steel operations by October, to spend $1.9 billion on capexThe plan to divest the steel business is a part of the company’s efforts to cut debt, Agarwal said in the company’s annual report for 2023-...
18 Jun, 2024, 10.21 PM IST
Nifty Metal index stocks: Is consolidation on business and stock level over?Metal sector has been witnessing a mixed news flow, the much anticipated recovery in China is not panning out but there is no immediate pre...
22 Dec, 2023, 01.02 PM IST
The world’s iron ore powerhouse is preparing to reinvent itselfLast year, iron ore shipments accounted for about 5% of the country’s gross domestic. But now China is cooling, while steel producers are u...
29 Oct, 2023, 10.19 AM IST
Nifty Metal index stocks are a better basket buy than single stock exposureAfter the reopening of China, metal prices were expected to inch upward, however the slide continues. Is it because of fears of US recessio...
02 Jun, 2023, 11.46 AM IST
Analysts divided over Nifty Metal index stocks amid global headwindsAfter the reopening of China, metal prices were expected to inch upward, however the slide continues. Is it because of fears of US recessio...
25 May, 2023, 12.35 PM IST
Vedanta value unlocking: What analysts said on potential listingsIf Vedanta chooses to list aluminium, iron & steel and oil & gas businesses, there would effectively be four listed companies, with the fou...
18 Nov, 2021, 12.04 PM IST
India’s carbon neutral aim hinges on top emitters using hydrogenTop steelmaker China -- the biggest polluter -- has already set a 2060 net-zero target, while Japan aims to reach that goal by 2050. India’...
23 Mar, 2021, 01.05 PM IST
Tyazhpromexport looks to turn the corner, to harness tech knowledge bankTPE experts will be roped in to help ensure faster execution of the projects lying incomplete at Hazira and also to monitor an early restar...
28 Feb, 2018, 08.22 PM IST
Vedanta's 'Eureka' to nurture and incubate in-house innovation and technologyThe platform is a part of Vedanta’s Innovation & Technology programme, which has been created with a corpus of Rs 200 crore to fund in-hous...
11 May, 2016, 02.58 PM IST
Vedanta seeks Odisha Government's intervention for aluminaVedanta Aluminium has asked the Odisha government to impress upon National Aluminium Company (Nalco) to sell surplus alumina to it.
03 Sep, 2013, 09.58 PM IST
Budget 2013: FM proposes 10% export duty on bauxiteThe FM's proposal to impose a 10% export duty on bauxite is likely to discourage exports of an important raw material for aluminium industr...
28 Feb, 2013, 06.07 PM IST
- Naveen Jindal led Jindal Steel and Power Ltd (JSPL), Rio Tinto sign MoU for advancing HIsmelt technology
JSPL said it has signed an MoU with global mining giant Rio Tinto to jointly work for global commercialisation of the HIsmelt technology.
05 Aug, 2011, 04.21 PM IST
- Tata Steel signs pact with Rio Tinto on HIsarna iron smelting
Tata Steel said it has signed a licensing agreement with Rio Tinto for commercial development of environment-friendly direct iron smelting ...
20 Apr, 2011, 09.08 PM IST
- Mining sector on hiring spree
Coal and lignite will continue to be the largest employers; currently coal accounts for more than 75% of the total employment.
17 Mar, 2011, 06.17 AM IST
- Naveen Patnaik calls for technological innovation in steel making
Steel industry needs to adopt suitable pollution prevention and control measures with appropriate technology to ensure minimal adverse impa...
15 Jul, 2009, 07.51 PM IST
- Nalco inks deal with Rio Tinto to widen global footprint
National Aluminium Co (Nalco), a navratna company and Asia’s largest integrated aluminium producer, is out to have a wider footprint.
13 Dec, 2008, 12.54 AM IST