Page 7 - Amritha Pillay

Hindalco expansion plan entails $10 billion investment, says KM Birla

Exploring copper smelter expansion in Gujarat

JSW Cement plans to double capacity, acquire assets through IBC route

Most of the JSW group businesses are closely linked to each other, particularly to steel business. Among its risk factors, JSW Cement's documents noted its dependence on JSW Steel and its subsidiary

After KCM revival, Vedanta seeks greener pastures in India, abroad

The conglomerate looks to start production from its Zambia mines by FY25 end, with plans to supply the Indian market

JSW Cement files draft papers with Sebi to raise Rs 4,000 crore via IPO

JSW Cement's IPO will hit the market while its other listed competitors are in a frenzy to increase capacity and gain market share

SC on retro tax on minerals: Odisha and Rajasthan to watch out for

Odisha, Rajasthan, Chhattisgarh, Karnataka and Jharkhand, are India's top five mineral producing states by value annually, and in the same order as of FY23 data

Provisioned, expect limited impact from SC's ruling, say metal majors

Mining industry hit estimated at Rs 1.5 to Rs 2 trillion, companies to closely watch states for next move

Hindalco Q1 profit surges 25%; Ananya, Aryaman Birla on company' s board

Appoints Ananya Birla and Aryaman Birla on board in non-executive role

Vedanta board okays 2.6% OFS worth Rs 6,450 crore in Hindustan Zinc

Company to offload stake through the stock exchange route

Ambuja-ACC plans to set up Rs 1,000 crore offices in Ahmedabad, Delhi

Part of the capex, company executives informed, will be Rs 600-700 crore for a cement house in Ahmedabad

Cement players on growth path despite weak demand, pricing pressure

Ambuja reports lower volume growth in East, South; Shree Cement losing in North

ABB India PAT up 50% in June-qtr due to improved operational performance

Sequentially, ABB India's profit dipped 4 per cent, while revenue slipped 8 per cent

Balance sheet consolidated, RIL ready for next level of growth: Ambani

Commenting on the global economy, Ambani said, 'In this world of volatility and uncertainty, India is shining as a beacon of stability and prosperity'

Vedanta Q1 FY25 results: Net profit rises 36.6% to Rs 3,606 crore

The company's other income was down 59.8 per cent to Rs 934 crore on a Y-o-Y basis

Tata Power Q1 FY25 results: Net profit flat at Rs 970 crore, revenue up 14%

Co softens stance towards thermal power, says will evaluate opportunities

Adani Energy Solutions QIP over-subscribed thrice, $1 billion raised

QIP is a fund-raising tool for companies, through which they issue equities, or other equity convertible securities to qualified institutional buyers

M&A wave set to wash over South cement market, say industry experts

UltraTech's buy is latest in four deals southern market has seen in less than a year, with Adani Cement being the other buyer. These deals combined, industry experts say, could spur consolidation

Adani Energy Solutions likely to divest Dahanu unit to Adani Power

Last week, Adani Energy took an impairment of Rs 1,506 crore on the asset

UltraTech to acquire 32.7% stake in India Cements to up South play

Open offer may raise total cost to Rs 7,100 cr

Steel industry in talks with govt for level-playing field: Sajjan Jindal

Cheap imports affecting domestic companies' margins, says chairman and managing director of JSW Steel

New skilling scheme laudable, but needs clarity, say India Inc leaders

Officials of construction and engineering major, L&T, which has in the past complained about skilled labour shortage, said if India needs to grow, one of its positives has to be its population