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Moody's puts JSW Steel's rating on review for downgrade over Covid-19 shock

Agency says weaknesses in JSW's credit profile, such as its exposure to weakening steel demand for manufacturing and volatile material costs, have left it vulnerable to shifts in market sentiment

Post-Covid war chest: Tata Steel plans to raise up to Rs 10,000 crore

Bleak demand outlook in the domestic as well as global market is another reason Tata Steel may be looking to have additional liquidity as margins are expected to take a hit in the coming quarters

Manufacturing industry gears up for life after coronavirus lockdown

Industry hopes for return of labour, smoothening of supply chain, lowering of inventory

JICA grants Rs 11,033-cr ODA loan for Freight Corridor, Mumbai Metro

Japanese ODA loans are long-term low interest rate loans advanced to the developing countries

Covid-19: Challenging times ahead for domestic steel industry, says Icra

Weak domestic demand is likely to lead to inventory pile up, exerting pressure on steel prices, agency says

Shipping Ministry protocol for vessels to hurt cement industry importers

According to the protocol rolled out over the weekend by the ministry, vessels arriving at Indian ports from infected countries within 14 days have to be quarantined for 14 more days.

Covid-19: India imposes 14-day quarantine on shipping vessels from China

Stoppages of a vessel at any port of the affected countries only for refuelling will not be considered for the calculation of 14 days.

Directorate General of Shipping lays down rules to combat coronavirus

Vessels using only Indian ports need not follow all the instructions mentioned in the order, but need to carry out a due diligence process

Metal prices likely to remain volatile over coronavirus concerns

Analyst reports suggest that margins are likely to contract from the first quarter

Vedanta to ramp up production in Odisha's Lanjigarh alumina refinery

Total alumina production in FY20 seen at 1.8 million tonne from 1.5 million tonne in the previous fiscal

Foreign cruises banned from entering India amid coronavirus spread

Of 243 pre-bookings, 220 cruises had already taken place. The current 15 cruise cancellations are from the remaining 23 pre-bookings

Coronavirus panic, it's catching: What companies and individuals are doing

While businesses have taken a hit, the crisis has also uncovered a human side to the cold and abstract face of globalisation

Jindal Stainless exits CDR framework, will now focus on cost optimisation

CDR lenders get full recompense of Rs 275 cr; JSL also fully redeems Optionally Convertible Redeemable Preference Shares, paying Rs 558 cr

Covid-19 outbreak could raise downside risk for steel sector: India Ratings

Plant capacity utilisation in India not directly impacted yet, says agency

Kotak Fund invests Rs 500 crore in debt-laden Jindal Stainless

Investment to help Jindal Stainless come out of CDR process

Tata Steel major supplier of steel to Namaste Trump venue, Motera stadium

Motera cricket stadium, located in Ahmedabad district of Gujarat, has the seating capacity of 110,000

Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain

Sales down 10% to Rs 21,126 cr mainly due to lower commodity prices, muted volumes in zinc, oil & gas and copper

Vedanta implements resolution plan to bag Ferro Alloys via NCLT route

Company's foray into ferro alloy business to strengthen its steel business portfolio

JSW Infra to invest Rs 300 crore to develop its first container terminal

The container terminal will have a quay length of 350 meters and accommodate vessels up to 9000 TEUs. It will have a backup storage area of 15.5 hectares for storage of container

JSW Steel's Q3 PBT falls 82% at Rs 436 crore on weak realisations

Net sales in the period under review tumbled 23 per cent on a year-on-year (YoY) basis as the company's top line stood at Rs 17,416 crore, down 12 per cent from the corresponding period last year