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JSW, Liberty group may participate in strategic sale of NMDC steel plant

Nagarnar Steel Plant with 3 mn tonne capacity is likely to be commissioned by June-July next year. disinvestment process is expected to be completed by September 2021

Steel set to get costlier by 10-20% for auto manufacturers amid recovery

Though steel companies had to wait to finalise prices, the wait may have proved advantageous for them. Prices have been on an upswing since the country started unlocking

Had to tweak staff engagement policy because of Covid: Hindustan Zinc CEO

After a strong performance in the July-September quarter, Hindustan Zinc is optimistic about rural demand and has launched an e-commerce platform

Steel firms plan return to office, set up 'flexible' policies for employees

Tata Steel will allow employees to choose between working from home or office; JSW Steel is weighing a distributed workplace strategy

Ministry of education appoints Shashi Kiran Shetty as chairman of NITIE

Shetty's tenure with NITIE will start from 7th November 2020 for a period of four years

Moody's flags Vedanta Resources' failure to take full ownership of unit

Failure may result in weakened liquidity for the group, says Moody's.

Auto demand isn't pent-up, has really come back: JSW Steel's Seshagiri Rao

In a Q&A, the firm's jt MD and group CFO is confident that steel demand will sustain but is sure that the 15-16 mn demand already lost won't be recovered

Unlock 5.0: Optimism returns, India Inc sees signs of recovery in economy

Some caution this is mere pent-up demand; others say it is sustainable and growing

Delisting failure: Vedanta execs, promoters to mull future action on Monday

Debt restructuring, proposal to approach Sebi for extension could be points of meeting agenda

Vedanta Ltd fails to get enough shares to delist from stock exchanges

Entry into capital market easier than exit due to regulatory process, say corporate compliance firms

Steel companies lean on Indian market, post strong volume sales in Q2FY21

They have also been hiking prices almost every month, the latest being in October by Rs 1,500-2,000 a tonne, depending on the product category

Major Port cargo volumes inch towards pre-Covid level amid ongoing pandemic

Private ports too strengthening contribution to cargo volume increase

Adarsh Hegde takes over as MD of Allcargo Logistics firm Gati-KWE

Hegde will continue to be joint managing director of Allcargo Logistics

Domestic steel industry seeing demand recovery with easing of curbs: Icra

Performance of mills, especially blast furnace players, is expected to make healthy rebound in Q2, supported by rising capacity utilisation, successive steel prices hikes and low input costs

Adani Ports completes Rs 12,000 cr deal for 75% stake in Krishnapatnam

The acquisition will accelerate APSEZ's stride towards 500 MMT by 2025 and is another step in implementing its stated strategy of cargo parity between west and east coasts

Margins under pressure, steel industry seeks ban on exports of raw material

The domestic secondary steel industry contributes nearly 55 per cent to the total production of the alloy in the country

As domestic iron ore price rises, steel industry demands ban on its export

The domestic secondary steel industry contributes nearly 55 per cent to the total production of the alloy in the country

JSPL stock sheds 12% as Deutsche Bank files Suspicious Activity Reports

JSPL sent a total of $4.85 million in 2015 and a sum of $12.83 million in 2016

Zoning sale areas is the new strategy for Tata Steel amid Covid-19

Besides reaching out to customers in a faceless manner, Tata Steel helped customers get permission from local authorities

We aren't interested in spending outside the country: Jindal Steel MD

In a Q&A, V R Sharma says the Oman asset sale has helped ease the firm's balance sheet; the deal was part of a plan to prune the company's debt by about a third