Court orders Royal Enfield to pay Rs 5 lakh compensation to Continental GT 650 buyer for repeated repairsRoyal Enfield compensation ruling: A Coimbatore consumer court has ordered Royal Enfield and its dealer Bharat Automotives to pay Rs 5.1 la...
El Nino impact: Which stocks will burn & which will fire up as market braces for heat waveIndia faces a strong El Niño, threatening below-normal rainfall and impacting agriculture. While rural-linked sectors like two-wheelers and...
Be cautious on IT stocks, back energy and telecom: Neeraj DewanMarket expert Neeraj Dewan advises caution in IT, favoring energy, telecom, FMCG, and select consumer durables for better risk-reward. He s...
Intel lands key first customer for chip '14A' chip tech with Tesla's Terafab project: Elon MuskTesla will use Intel's advanced 14A chip manufacturing technology for its Terafab project. This partnership is a significant win for Intel ...
India doubles 5-kg LPG cylinder quota to ease supply concerns amid Hormuz tensionsThe government has doubled the daily quota of 5-kg LPG cylinders for migrant workers. This move aims to stabilize fuel supplies amidst glob...
Iran war: Natural gas pool set to release 7 mmscmd to priority sectors amid supply crunchFacing a supply crunch due to the Iran war, India will pool 7 mmscmd of natural gas for city distributors, fertiliser makers, and industrie...
Hi-Tech Pipes aims 13.5 MW solar capacity for captive usage by December 2024Hi-Tech Pipes aims to have 13.5 MW of renewable energy capacity for captive usage by December 2024, with an installed solar power capacity ...
Engineering stock creates momentum for 4% gain; pipe maker aims for 6% fitNifty grew stronger in the morning session but soon gave up the bulk of its gains to close with a modest gain.
JHESL eyes foreign markets for its OCTG productsJHESL is a 51:49 venture between US-based Hunting Energy Services and domestic pipes maker Jindal SAW.
- Jindal Saw enters strategic alliance with Hunting Energy Services
India currently imports seamless casing and tubing worth $200 million a year, according to Jindal Saw group CEO Neeraj Kumar.
$10-billion clean air drive set to boost Indian pipe makersThis project aims to see 10 million homes linked to gas grids by 2020 and bring relief to smog filled cities.
Steel pipe makers appeal to DGAD against 'unfair competition' from Chinese suppliersWith trade measures against dumping of steel, the Chinese are dumping value added products like pipes in the Indian market, an industry bod...
- Welspun plans to buy back 150$ mn convertible bonds
Welspun Corporation today said it intends to buy back convertible bonds worth 150$ million, carrying a coupon rate of 4.5 per cent.
- Pipe maker PSL bags Rs 924 crore orders
Large diameter pipe maker PSL said it has bagged orders worth Rs 924 crore in the last quarter.
- Pipe makers: Growth slump in west to dent outlook
For companies in the business of manufacturing pipes, the going has been tough, with growth in orders tapering off
- Jindal Saw to invest $600 mn in 2 years, buy stakes in global firms
Pipe maker Jindal Saw on Tuesday said it will invest USD 600 million over the next two years to expand its capacity and buy stakes in globa...
- APL Apollo acquires Lloyds Line Pipes for Rs 40cr
Steel pipe maker APL Apollo Tubes said it has acquired Lloyds Line Pipes for Rs 40 crore in an all cash deal against the earlier announced ...