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STEEL PROCUREMENT FROM PUBLIC SECTOR UNITS
Coal gasification pilot yet to take off despite ₹6,233 cr incentivesNearly a year after awarding ₹6,233 crore for coal gasification projects, none have progressed beyond planning. Despite multiple task force...
India has Microsoft's market. Ireland has its profitsMicrosoft's inaugural public tax report reveals a stark disconnect between its global market presence and where profits are booked. While I...
CCI closes furniture tender case against Godrej & Boyce Mfg. Co, 15 govt entitiesThe Competition Commission of India has dismissed allegations of systemic manipulation in public furniture procurement favouring Godrej Ent...
Defence Ministry likely to clear major proposals for HAMMER, Verba, MP-ATGMs, pseudo satellites on July 3In the first Defence Acquisition Council meeting to be held with new Chief of Defence Staff, Army and Navy Chiefs in attendance, the Defenc...
Govt to upgrade rice quality for public distributionIn a significant move to enhance food security, the government has decided to improve the quality of rice distributed to over 80 crore citi...
Kerala to fast-track battery storage projects to tackle power crisis: Electricity Minister Sunny JosephKerala is accelerating battery energy storage projects and strengthening long-term power procurement to combat recurring electricity shorta...
Swiss agritech firm Innoterra's Indian arm files for IPOInnoterra Ltd, the Indian arm of Swiss agritech firm Innoterra AG, is preparing for an Initial Public Offering (IPO). The company plans to ...
Nifty Realty gains 6%: Is this the start of a new up-cycle? Equirus Cap's Vijay Agrawal answersIndia's real estate sector is experiencing a robust turnaround, driven by a shift to organized developers, increased project launches, and ...
Stainless steel industry seeks end to QCO relief from July 1India's stainless steel makers are urging the government to reinstate strict quality control norms from July 1, warning that a temporary re...
EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
VMS TMT board clears AUSL merger with companyVMS TMT has announced its board has approved the merger with TMT bars maker Aditya Ultra Steel Ltd (AUSL). This strategic amalgamation aims...
Govt plans Rs 5,000 crore scheme in 3 months to promote green technologies in steel sectorThe Indian government is set to launch a Rs 5,000 crore scheme within three months to boost clean technologies in steelmaking, aiming to sl...
India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...
Sebi rejects Anil Ambani's Reliance Infra settlement applicationIndia's market regulator has rejected Anil Ambani's settlement bids concerning allegations of misusing nearly $700 million in company funds...
Supplier gaps, invoice compliance, credit access continue to hit 5 in 10 MSMEs: SurveyMSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in supplier management and payments.
Stainless steel sector MSMEs flag import surge, urges govt to reintroduce quality control orderIndian stainless steel MSMEs are urging the government to reinstate a quality control order after its suspension led to a surge in cheap Ch...
Industry must adopt emerging tech to boost productivity, remain competitive: Steel MinisterUnion Steel Minister HD Kumaraswamy has urged the Indian steel industry to embrace emerging technologies like AI and IoT to boost global co...