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STEEL SECTOR INDIA
Kalyani Steels appoints Amit Kalyani as board's chairmanAmit, who is the Vice Chairman and Joint Managing Director of Bharat Forge Ltd, has been closely associated with the Kalyani Group's busine...- Tyre stocks: Hit by a headwind on costs, not on demand: 4 tyre stocks with upside potential of up to 29%, according to analystsFor years, this sector has had to deal with the dumping of cheap imported tyres. That particular headwind has eased now, and for an unusual...
- Industrial DA hike for CPSE employees: Rate rises to 59.1% from October 1; check revised rates for 1997, 2007 and 2017 pay scalesThe Ministry of Finance announced a revision in the Industrial Dearness Allowance rates for certain CPSE employees. This revision will be a...
- SAIL Q2 Results: Net profit surges four-fold to Rs 1750 crore on higher revenueSteel Authority of India Ltd announced a significant increase in consolidated net profit for the September quarter. The company reported a ...
- Vedanta Iron Q2 Results: Loss narrows to Rs 324 crore, revenue declines 2% YoYVedanta Iron and Steel narrowed its Q2 FY27 loss to Rs 324 crore from Rs 477 crore a year earlier, while revenue declined 1.7% to Rs 2,742 ...
- EU carbon tax: Piyush Goyal asks Europe not to 'invite disaster' or 'shoot themselves in the foot'Goyal said the EU had accumulated around 75-77 regulations, arguing that repeated additions were increasing the compliance burden on busine...
- Delhi to Haridwar in 1.5 hours next month? Nitin Gadkari says new road projects will boost tourism, jobsUnion Road Transport and Highways Minister Nitin Gadkari announced the opening of new road projects next month. Travel time from Delhi to H...
- Diversification plan: NMDC scouts for mining assets across four continentsNMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 pe...
- Bihar unveils 1,670-acre manufacturing city with Rs 16,500 crore investment potentialBihar Chief Minister Samrat Choudhary launched the logo and portal for the integrated manufacturing city in Gayaji. This project aims to at...
- Private sector activity hits four month high in OctoberIndia's private sector activity experienced significant growth in October, reaching a four-month high as new orders increased. The HSBC Fla...
- JSW Steel Q2 Results: Net profit rockets 225% YoY to Rs 5,279 crore; revenue rises 21%JSW Steel Q2 Results: JSW Steel reported a 225% year-on-year jump in Q2 FY27 net profit to Rs 5,279 crore, while revenue rose 21% to Rs 54,...
- Berlin Global Dialogue: EU inviting disaster through carbon tax, says Piyush GoyalPiyush Goyal expressed concerns over the EU's carbon tax and numerous regulations impacting their steel industry. He warned that these meas...
- Kumaraswamy flags delay in land allocation for testing centres in MandyaUnion Minister HD Kumaraswamy is urging Chief Minister DK Shivakumar to speed up land allocation in Mandya. The land is needed for two prop...
- Core output grows at series high of 7.9% in SeptIndia's core sector output growth for September recorded a remarkable 7.9%, driven largely by expansion in coal and electricity. Notably, r...
- India’s infrastructure output jumps 7.9% in September on strong coal, steel growthThe latest numbers from the Indian government show that the country's infrastructure output has jumped by 7.9% compared to last year, as of...
- India presents a compelling investment proposition for German firms, FICCI saysIndian industry is poised for growth as German companies are encouraged to invest in manufacturing capacities. The upcoming India-European ...
- NMDC puts nickel foray on hold on global oversupply concerns, sources sayState-run NMDC has paused its planned entry into nickel, citing oversupply concerns in Indonesia, which accounts for more than 60% of globa...
- Reports of sale false and misleading, says Bhilai Steel Plant amid Congress alleging Adani visitBhilai Steel Plant, a unit of SAIL, has dismissed privatization rumors as false and misleading. The Ministry of Steel and PIB Fact Check co...
- CISF to roll out historic functional reorganisation from November 1The Central Industrial Security Force is set to reorganize its administrative structure beginning November 1. This restructuring aims to im...
- Why India's steel demand is defying global weaknessIndia’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input co...
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