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STEEL PROJECT MENA
Jindal Saw shares soar 11% after unveiling $118 million capex plans in middle-eastJindal Saw shares: On Monday, June 9, Jindal Saw announced that its board had approved three overseas investments totaling up to $118 milli...
Jindal Saw enters JV agreement with Buhur in Saudi ArabiaJindal Saw approved setting up a step-down subsidiary in the UAE to build a 300,000 TPA pipe manufacturing facility in Abu Dhabi, targeting...
L&T to set up pellet, DRI plant in Middle East & North Africa regionLarsen & Toubro (L&T) is set to establish a pellet and direct reduction of iron (DRI) plant in the MENA region. The project, for a leading ...
Larsen & Toubro shares rise 3% after securing major steel project in Middle East & North AfricaL&T shares rose 3% after securing a major Rs 5,000-10,000 crore steel project in MENA. The stock rebounded after budget-related weakness. A...
Jaishankar says India sees Middle East region as 'crucial passage to world beyond'External Affairs Minister S. Jaishankar emphasized the expanded engagement between India and the Middle East, highlighting crucial trade, c...
India Inc.'s Q2 results review: How different sectors of BSE 500 index fared in the second quarter of 2024-25Data compiled from an Emkay report shows that the aggregate adjusted PAT growth of BSE 500 companies declined by 0.5% year-on-year. Compara...
Rameshchandra Mansukhani on Man Industries' Rs 13,000-cr order from MENA & domestic demandThe Chairman of Man Industries, Rameshchandra Mansukhani, has announced that the company has won a Rs 1,300-crore order from the Middle Eas...
Morocco aims to establish itself as India’s business gateway to Africa, Europe and Arab worldIndia’s bilateral trade with Morocco has increased from US$ 1.2 billion in 2010 to US$ 2.1 billion in 2019. While India’s imports from Moro...
India's steel demand expected to move back to higher growth track: WorldsteelIn its October 2018 Short Range Outlook, worldsteel said it projects global steel demand at 1,657.9 million tonne (MT) in 2018, an increase...
After Market: Key movers and shakers of Monday’s tradeICICI Bank, RIL, SBI and Axis Bank contributed the most to the gains in Sensex.
Welspun Corp Q3 net profit soars 5-fold at Rs 86.94 crorePipe maker Welspun Corp today reported a nearly five-fold jump in consolidated net profit at Rs 86.94 crore for the quarter ended December ...
Top 5 Indian stocks exposed to the slowdown in the GulfA number of Indian cos have operations in West Asia, and a slowdown there, might put pressure on revenues from that region.
Jindal Saw Q2 Net up 35%; stops work at Bhilwara steel plantSteel pipe maker Jindal Saw today reported 35 per cent growth in standalone net profit at Rs 101 crore for the quarter ended September 30, ...
ThyssenKrupp planning to source aluminium, zinc from IndiaThyssenKrupp is planning to set up a resource office in India for sourcing of metals such as aluminium and zinc for its projects.
Top five PSU stocks to 'buy' for long term ahead of Budget 2014With a govt who has got a reformist agenda, it is highly likely that economic growth will recover over the next 5 years to levels of 7% plu...
Steel exports cross 1 million tonnes mark for first time in 3 monthsThis comes even as producers are crying foul over rising imports due to free trade agreements & recent govt decision to exempt steel import...
- Essar denies reports of company's plans to buy Egypt's Kandil
Ruias-led Essar Steel is in talks to acquire Egypt's Kandil Steel, a media report said here but a spokesperson of the Indian conglomerate c...
- Essar Steel in talks to acquire Egypt's Kandil
Essar Steel is reportedly in talks to acquire Egypt's Kandil Steel.