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SYNERGY STEELS
Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh sharesLloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share s...- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- AC prices set to surge further due to new energy norms, rising input costs: Blue Star MDAir conditioner prices will increase in the coming months. This is due to higher costs for materials like copper and aluminium. New energy ...
- Why Experts Say Vinegar and Hydrogen Peroxide Clean Better Together – And the Safe Way to Use ThemDiscover a powerful cleaning duo for your home. Vinegar and hydrogen peroxide, when used one after another, offer an effective and eco-frie...
- Former ArcelorMittal deal whiz Sudhir Maheshwari buys Gujarat met coke unitSudhir Maheshwari-led Synergy Capital acquired Saurashtra Fuels' Mundra plant, becoming a major independent metallurgical coke producer in ...
- Stainless steel producers fear hit from US tariffsIndia in FY24 shipped stainless steel worth Rs 9,466 crore to the EU, Rs 1,079 crore to Latin America and Rs 448 crore to Africa. India pro...
- NCLAT allows Jindal Stainless to bid for Rathi Super SteelThe National Company Law Appellate Tribunal (NCLAT) said the NCLT "did not commit any error" as sales were not completed and the object was...
- Merger of entities with Tata Steel will simplify management, help focus on business: CFOOn Friday, the board of Tata Steel approved the amalgamation of its seven subsidiaries -- Tata Steel Long Products, Tata Metaliks, The Tinp...
- Vedanta, Welspun among 29 bidders in fray for Mittal CorpIn 2016, lenders had attempted to sell the company to a strategic buyer by converting its debt into 51% equity under the then prevailing st...
- Tata Steel board approves of MoU with Synergy Metals and Mining Fund for divestment of Tata Steel ThailandAccording to the MoU approved on Wednesday, the Thailand business will be run in a 70:30 partnership.
- Thysenkrupp deal good for Tata Steel in long term: Amit Dixit, Edelweiss SecuritiesProcurement which comprises around one-third of the synergies, should start flowing from year one.
- Tatas line up 35-member crack team to integrate Bhushan SteelThe team comprising executives at various levels and across different functions has its task cut out — to ramp up production by whatever me...
- After Bhushan Steel, Tata Steel is in the running for Bhushan PowerPromoters find it difficult to lose an asset that they had created but Tata Steel followed due process
- Essar Steel to invest $1.6 b in US plantESSAR Steel Holdings plans to invest $1.6 bn over the next five years to build an integrated steel plant, with a capacity of 2.5 mn tonnes,...
- Tata Steel charts new Corus integration roadmapThe move is in sync with group chairman Ratan Tata’s vision of a 'light-touch' integration strategy. Investing tips for beginners
- Tata Steel to adopt Corus technology for new unitsTata Steel is working on a strategy roadmap entitled ‘Vision 2015’ to chalk out plan to emerge as a top league player in the global steel i...
- Tatas place mega-order for Orissa plantTata's 6-million-tonne-pa project takes off with Rs 4,000 crore order for the upcoming steel plant.
- Arcelor Mittal net up 44%; minority holders upset with sale termsNRI business tycoon Lakshmi Mittal led Mittal Steel today reported a 43.7% increase in its first quarter net profit, while beating its own ...
- Arcelor Mittal Q1 profit up 44%NRI business tycoon Lakshmi Mittal led Mittal Steel on Wednesday reported a 43.7 per cent increase in its first quarter net profit, while b...
- Corus to give more room in auto spaceThe acquisition of Corus will make Tata Steel the third-biggest player in the highly profitable auto grade steel market in Europe.
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