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Weak demand weighed on steel prices, says firm's CEO & MD
From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up
In a statement, Jindal Stainless managing director Abhyuday Jindal said that it was an enabling resolution to "prepare for, among other things, organic and inorganic growth opportunities"
Exide embarked on the journey to set up the facility in 2021
The request to finance ministry is to help RINL continue as a going concern
India's steel sector accounts for about 12% of total greenhouse gas emissions, with an emission intensity of 2.55 tonnes of CO2 per tonne of crude steel compared to a global average of 1.9 tonne
Company has 'unwavering confidence' in country's economic growth, says Sanjiv Puri
CEOs expect govt capex of Rs 11.11 trillion to boost demand
Even imports from Japan and Korea have been elevated. India is basically a vulnerable ground because our domestic demand is very good, said Jayant Acharya, JMD, JSW Steel
Bilateral trade at a standstill, operations of Indian companies halted due to the turmoil
The Q1 FY25 net profit fell short of the Bloomberg consensus estimate of Rs 1280.2 crore
Two crucial processing systems at Kalinganagar facility to be commissioned in the next few quarters
The transition from blast furnace to EAF technology puts 2,800 jobs at risk and the Labour government has been engaging in discussions to try and save jobs, according to reports in the UK
Steel companies hope the govt will continue to focus on infra expansion while also giving the industry a level playing field to compete with imports
In Odisha, Heritage launched its products about six to nine months back
The cement business accounted for the bulk of Kesoram's revenue from operations. According to the FY24 annual report, revenue from cement was Rs 3,736.10 crore
The decommissioning of blast furnace number 5 was in sync with the timeline indicated by the company earlier
Ratan Tata, then Tata Group chairman, had flown in along with the brass to make the announcement. The Nano found its home at Singur in the Hooghly district
About 60 per cent of the workforce are land givers, with one member from each displaced family employed
Severe skilled, unskilled shortage threatens to pull emergency brake on India's industrial engine