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STEEL PROCESSING ACQUISITION
Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following...
Vedanta listing: Aluminium, Power, Oil & Gas, Iron & Steel share trading starts Monday. Target price and what else to expectFour Vedanta entities are set to list on stock exchanges on Monday, June 15, following a mega demerger. Vedanta Aluminium is expected to de...
Evonith Steel acquires Indrajit Power in Maharashtra for Rs 232 crEvonith Steel has successfully acquired Indrajit Power Pvt Ltd for Rs 232 crore. This acquisition was completed through an insolvency proce...
Exclusive | Is the India story over for FIIs? BofA says investors don't want to miss what's nextIndia's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan a...
Vedanta, Hindustan Zinc shares fall after metals giant confirms ED visits to officesVedanta and Hindustan Zinc shares dipped after the Enforcement Directorate visited some of their offices as part of a FEMA probe. The compa...
Vedanta demerger: What recent large demergers of Tata Motors, ITC and others tell us about possible listing timeline?Vedanta's mega demerger has created four new entities, with investors eagerly awaiting their stock market listings. Drawing parallels from ...
For risk-takers with long-term perspective: 10 small-cap stocks from different sectors with upside potential of up to 31%If you buy small-cap stocks today, are you taking a risk or managing it? To some it might appear you are taking a risk, but there is a high...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
Secular, cyclical or war-dependent: A ratio to tell you what kind of growth you are buying. 6 stocks with upside potential of up to 29%Some valuation ratios are used because they are easy. The PE ratio is one of them. It is simple, familiar, and convenient. Not only for the...
Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
Establish 'GST-like' industrial land council for dispute resolution: CIIIndustry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve dispute...
New scheme in works to support domestic critical mineral processing plants: Mines SecretaryIndia is launching a new scheme to boost critical mineral processing. Public sector companies will bid for four copper mines in Chile. Dome...
Tata Steel's T V Narendran says India's energy, critical minerals diversification pose new challengesIndia is diversifying its energy and critical mineral sources. This move offers significant economic opportunities as the world seeks trust...
CCI clears deal involving two POSCO Group entitiesThe Competition Commission of India has approved POSCO Holdings subsidiary’s acquisition of LX International Corporation’s stake in POSCO-I...
NCLT approves Tata Steel Mining's resolution plan for Rohit Ferro-TechOn June 6, 2021, Tata Steel had informed that the Committee of Creditors (CoC) in terms of the Corporate Insolvency Resolution Process of t...
Tata Steel arm accepts letter of award to acquire NINL; buyout process may complete in 2 monthsOn February 2, the Department of Investment and Public Asset Management (DIPAM) issued the LoA to Tata Steel Long Products (TSLP) for the a...
JSW Steel in the process of acquiring land for steel plant in Odisha: Director Jayant AcharyaThe Odisha government and POSCO had signed a Memorandum of Understanding (MoU) in this regard in 2005. However, the South Korean steel gian...
Tata Steel chairman N Chandrasekaran defends acquisition of Corus SteelChandrasekaran said the international growth strategy was to focus on accessing new markets, sourcing raw materials, enhancing the technolo...
Simplify land acquisition, mine allotment processes: Tata SteelThe company is now expecting to commission the first phase of the project by the end of 2014-15 and has accorded it the top most priority.
- Essar buys UK’s Servosteel, deal seen at Rs 450 cr
The Ruias-controlled Essar Steel on Monday acquired the UK-based steel processor Servosteel for an undisclosed amount.