Fundamental Radar | 3 factors seen driving Jindal Steel’s earnings over FY23-25: Prabhudas LilladherJindal Steel's ongoing Rs 240 billion capacity expansion at Angul is expected to drive steel volumes at a strong 16% CAGR over the next thr...
21 Sep, 2023, 09.52 AM IST
Adani to enter alumina and iron ore businesses in Odisha, invest Rs 57,575 croreThe investment proposal by the conglomerate was cleared by a high-level clearance authority of the Odisha government, headed by Chief Minis...
11 Aug, 2022, 08.45 PM IST
JSW Infrastructure acquires Chettinad Group's port business for Rs 1,000 cr; next buy in less than a year says CEOIn an interview to ET, its managing director said the company will have at least one more brownfield or greenfield project in its kitty in ...
18 Nov, 2020, 06.38 PM IST
ArcelorMittal Nippon Steel India Q1 EBITDA at $140 millionAM/NS India received approval from NCLT Cuttak for its resolution plan for OSPIL.
07 May, 2020, 08.10 PM IST
Arcelor paying Rs 39,500 crore for Essar Steel and not Rs 42,000 cr: SCB counsel Kapil SibalKapil Sibal argued that acceptance of Rs 39,500 crore as the bid amount by the Committee of Creditors (CoC) of Essar Steel, to which Standa...
13 May, 2019, 06.53 PM IST
Essar Steel bid is Vedanta’s cup of tea: Anil AgarwalEssar is one of the finest steel plants and India’s steel industry is poised to grow rapidly. Right now India is producing 70-80 MT , but t...
03 Apr, 2018, 06.40 AM IST
Essar lenders to move court against Odisha slurry pipeline sale by SreiOdisha Slurry Pipeline ownership has changed hands twice in the past few years.
12 Feb, 2018, 10.09 AM IST
'Made in India' steel to get preference in infrastructure projects: Steel secretary Aruna Sharma"We are trying to improve the logistics network for movement of both raw material and products. For instance, the cost of transporting fine...
27 Feb, 2017, 03.40 PM IST
Siddarth Goenka helps villages fight global warming with biogas plantsThe 30-year-old, who studied in Birmingham & worked with JM Morgan Stanley believes non-renewable energy such as LPG is not sustainable.
23 Mar, 2016, 01.10 PM IST
Essar frontrunner to bag Odisha iron ore mine in first auctionPeople in the know said the steelmaker made the winning bid, beating Jindal Steel & Power, JSW Steel, Bhushan Steel and Bhushan Power & Ste...
03 Mar, 2016, 09.25 PM IST
Steel PSUs sign pact to set up Rs 3,500 crore slurry pipelineThe JV will offer finished products to KIOCL, RINL and NMDC as per their shareholding, and the parties can use them as they deem it fit lat...
11 May, 2014, 12.14 PM IST
Rashtriya Ispat Nigam Limited focused on modernisation for increasing productionMD of RINL P Madhusudan today said the company was currently focused on modernisation of its assets to enhance the production by a million ...
05 Apr, 2014, 09.17 PM IST
Mines minister says Stemcor violated rules to buy mining rights; co rubbishes chargeState govt of Odisha has raised the red flag over the proposed sale of the Indian mining and steel-manufacturing operations of Stemcor Hold...
14 Aug, 2013, 04.00 AM IST
Stemcor may auction its Indian assets: ReportWith race for buying Stemcor's $ 800-million Indian assets hotting up, the British steel company may go the auction way to choose a buyer f...
29 Jul, 2013, 09.21 PM IST
Jindal Steel in talks to buy Stemcor's pellet unit in OdishaJindal Steel and Power (JSPL) is in talks with UK-based steel trader Stemcor to buy its Odisha-based unit, Brahmani River Pellets.
09 Jul, 2013, 09.01 PM IST
- NMDC may buy Brazil mine Greystone Mineracao do Brasilfor $1 billion
NMDC, is in talks to acquire a controlling stake in Brazil-based mining company, Greystone Mineracao do Brasil, for about $1 billion.
25 Jun, 2011, 04.43 AM IST
Maoists threaten to hit India Inc’s investment plansCos to revisit expansion plans in Maoist-dominated regions following Dantewada killings.
08 Apr, 2010, 09.18 AM IST