Ishita Ayan Dutt

BAT plans to divest up to 15.3% stake in ITC Hotels, calling the holding non-strategic; proceeds from the block trade will support its target leverage corridor by 2026

JSW Steel and Japan's JFE Steel will jointly own BPSL in a 50:50 venture, marking renewed global interest in India's steel sector as companies chase long-term growth opportunities

The deal is aimed at bolstering the growth of the two steelmakers, whose partnership goes back to 2009, when they signed a comprehensive agreement

The Indian steelmaker's aim to turn around its UK operations faces challenges from the external environment

The report looks at how the SIR has widened political faultlines, and triggered anxiety among voters, ahead of Assembly polls next year

RPSG Ventures has approved a deal to acquire 40 per cent of FSP Design, the parent of luxury label Falguni Shane Peacock, valuing the firm at ₹455.17 crore

A project forged through resistance and reinvention now readies for its next leap - towards 16 mtpa capacity

McLeod Russel's debt restructuring talks with NARCL and other lenders have intensified, with consultants expected to submit the techno-economic viability report within weeks as the tea major's revised

Tata Steel's top executives say Q3 prices will soften but higher volumes will offset the impact; Europe to benefit from import curbs, while UK turnaround may take longer

Tata Steel posted a 272% year-on-year jump in consolidated net profit to Rs 3,101.75 crore in Q2FY26, driven by robust India operations, volume growth, and cost transformation efforts

The stake sale could help scale Bhushan Power & Steel's capacity to 10 million tonnes and strengthen JSW's partnership with Japan's JFE while keeping debt in check

Jindal Stainless posted a 32% rise in Q2 profit to Rs 807 crore, driven by higher sales and strong domestic demand, even as the company flagged pressure from low-cost imports

FMCG major Emami posted a 30.2% YoY fall in Q2 profit to Rs 148.35 crore, hit by temporary trade disruption from GST rate changes and heavy rains affecting key product categories

Buoyant demand has failed to push steel prices amid an increase in production and imports, threatening to slow expansion plans and limit companies' ability to reinvest in capacity addition

Birla Corporation posted a consolidated net profit of Rs 90.48 crore in Q2FY26, aided by improved performance in its cement and jute divisions, even as rainfall and price pressure weighed on margins

ArcelorMittal Nippon Steel India's EBITDA rose to $217 million in Q3 2025 as steel shipments increased, though softer prices weighed on overall revenue

The UK-based firm eyes Rs 6,000 crore investment to expand Evonith Steel's capacity and explore acquisitions, with a public issue planned in 18-24 months

The company reported consolidated gross revenue of Rs 21,255.86 crore for Q2FY26, down 1.3 per cent compared to Rs 21,536.38 crore a year ago

'The company was waiting for more clarity on the CBAM framework and tariff structures before finalising its capacity expansion plans and its timing'

Exporters expect a 5-8% drop in shipments in FY26 due to higher US tariffs but say strong domestic demand and FTAs will help cushion the impact