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STEEL PRODUCTION CAPACITY EXPANSION
Global Market: China's factory activity contracts unexpectedly in July; metal, commodity stocks may stay under pressureChina's manufacturing activity unexpectedly slipped into contraction during July. The official manufacturing Purchasing Managers' Index fel...- Tata Steel Q1 net profit beats estimates; approves Rs 33,873 crore capexTata Steel's consolidated net profit increased nearly twelve percent year-on-year. This growth was primarily driven by a robust performance...
- Tata Steel Q1 net up 12% on India performanceTata Steel's net profit rose nearly twelve percent year-on-year for the June quarter. The company announced a substantial capital expenditu...
- Vedanta bets on Hind Zinc for next phase of growthVedanta expects substantial growth in the next five to six years. Hindustan Zinc's expansion and critical mineral acquisitions will drive t...
- Rhetan TMT sets up solar project to cut energy costsRhetan TMT has established a one-megawatt captive solar project to optimize energy costs. This new solar power project is expected to comme...
- Maruti Suzuki commences production at 4th plant at Gujarat facility with 250,000 units annual capacityMaruti Suzuki began production at its fourth Hansalpur plant, boosting capacity to one million units. This expansion makes Hansalpur India'...
- Eicher Motors Q1 Results: Profit jumps 21% to Rs 1,462 croreEicher Motors has announced an impressive 21.4 percent rise in profits for the first quarter. Royal Enfield has set a new benchmark with it...
- NTPC eyes Rs 17 trillion capex to nearly triple capacity by FY37India's NTPC plans a 17 trillion rupee investment through fiscal 2037. The company aims to nearly triple its generation capacity by 2037. R...
- SAIL, Krakatau Steel plan $350 million investment in stainless steel plantIndia's Steel Authority of India and Indonesia's Krakatau Steel will invest $350 million. A new stainless steel slab plant in Indonesia wil...
- Global Market | AI boom could complicate central banks’ inflation assessment, monetary policy decisions: BISArtificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expand...
- Whirlpool invests over Rs 245 crore to expand refrigerator manufacturing capacity in IndiaWhirlpool India has expanded its refrigerator manufacturing capacity with a new production line. This investment aims to meet growing deman...
- Mangalam Worldwide Q1 Results: Profit rises 19% to Rs 12 croreMangalam Worldwide Ltd has achieved a remarkable 18.7 percent increase in profit after tax for the quarter ending June 2026, accompanied by...
- Poojaa Precision Engg SME IPO to open tomorrow; sets price band at Rs 285–301Pune-based Poojaa Precision Engg. has launched its Rs 159.83 crore SME IPO, with the issue opening for subscription on July 28. The company...
- Buy, Sell or Hold: Anand Rathi maintains buy on Bansal Wire; Equirus Securities recommends buy on Greenply IndustriesAnand Rathi and Equirus Securities remain bullish on select stocks with strong earnings visibility. Anand Rathi maintained a 'Buy' on Bansa...
- Hindalco evaluating Rs 50,000 crore investments, says chairman Kumar Mangalam BirlaHindalco Industries is evaluating investments up to fifty thousand crore rupees. This potential investment pipeline will support the compan...
- Shyam Metalics plans to double revenue by 2031 on the back of Rs 10,000-cr capexShyam Metalics and Energy anticipates improved margins and earnings by shifting to direct customer sales. The company plans significant inv...
- Tata Steel to invest Rs 10,000 crore in Jharkhand projects by 2028, creating 2,000 jobsTata Steel plans a significant Rs 10,000 crore investment in Jharkhand projects by 2028. This expansion aims to boost steelmaking capacity ...
- Govt sees good response to pre-application conference for Rs 37,500-cr coal gasification schemeThe government on Monday held a pre-application conference for its ₹37,500 crore scheme to promote surface coal gasification projects, draw...
- Shyam Steel to invest Rs 15,000 crore in West Bengal expansionShyam Steel Group will invest Rs 15,000 crores in West Bengal's expansion projects. This initiative will create over 20,000 direct and indi...
- Vedanta AGM: Anil Agarwal maps aggressive expansion after demerger, targets scale-up across metals, oil and powerVedanta plans major expansion across its demerged businesses, targeting higher production in metals, oil, gas, steel and power. Chairman An...
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