Page 2 - Ishita Ayan Dutt

100 days in office: West Bengal banks on a pro-business turnaround

West Bengal's new government is betting on a pro-business approach to revive investment, but fiscal constraints and the contentious land question remain major hurdles

Tata Steel under Chandrasekaran: Doubling down on India, fixing Europe

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations

FMCG to automobiles: India Inc counting the cost of West Asia conflict

While several firms have responded with calibrated price increases to protect margins, many signalled that further price escalations could follow

RPSG Group subsidiary to buy ReNew's 1.4 GW solar capacity for ₹4,859 cr

The acquisition will raise Purvah Green Power's contracted capacity to 4.8 GWp and support RPSG Group's ambition to build a 10 GW renewable energy platform

'Sunset industry' that became the frame for India's post-reforms growth

Once labelled a "sunset industry", India's steel sector has been transformed by liberalisation, private investment and consolidation into a key driver of the country's growth

Emami Agrotech enters packaged snacks, plans ₹750 crore investment

Emami Agrotech has entered the packaged snacks market with its WeMe brand and plans to invest Rs 750 crore over the next three to five years to expand the business

ITC completes Century Pulp acquisition, expands paper business scale

The ₹3,500-crore acquisition makes ITC India's largest integrated paperboards and paper company, raising capacity by over 50% to around 1.5 million tonnes

'Regulatory environment has got tougher for Tata Steel in Netherlands'

Tata Steel expects stronger Q2 volumes across India and Europe despite margin pressure, while pursuing decarbonisation in the Netherlands and expanding Neelachal Ispat

Increased tax on cigarettes pulls down ITC's Q1FY27 profit by 16.2%

Steep tax changes hit the cigarettes business, while the FMCG segment posted double-digit growth despite inflationary pressures arising from the West Asia conflict

AM/NS India June-quarter Ebitda rises 28.5% on higher steel prices

Steelmaker reports higher Ebitda and sales on improved prices and margins, while parent ArcelorMittal reiterates long-term expansion plans for India

Tata Steel Q1 net profit up 11.6%; approves ₹33,873-cr Neelachal expansion

India operations drive earnings as board clears 4.8 MTPA expansion at Neelachal Ispat Nigam; overseas business faces operational and regulatory challenges

Sheffield of the East awaits turn of fortune as industry looks ahead

Howrah's famed foundry belt awaits a revival as industry hopes a new political climate will attract investment and restore the 'Sheffield of the East' to prominence

Bengal needs to plug into national economy: West Bengal FM Swapan Dasgupta

With one of the highest debt-to-gross state domestic product ratios, West Bengal has limited fiscal space, making central assistance critical

We need a big breakthrough somewhere… a big project: West Bengal FM

West Bengal Finance Minister Swapan Dasgupta says the state needs a breakthrough investment project to revive industry, restore investor confidence and drive economic growth

ITC re-architecting cigarette portfolio after tax hike: CMD Sanjiv Puri

The ITC chief said the company is pursuing calibrated pricing and portfolio innovation to curb illicit trade while continuing investments to diversify beyond cigarettes

FMCG demand has improved across rural and urban markets: ITC CMD

The ITC chief attributed the recovery in FMCG demand to GST rationalisation, income tax relief and other government measures, while cautioning over West Asia and El Niño risks

India will remain a strong driver for JSW Steel: Joint MD & CEO Acharya

JSW Steel expects stronger H2 growth as domestic demand stays robust, export opportunities improve and lower raw material costs begin to support margins

JSW Steel net zooms 113% on stronger prices, higher sales volumes

The steelmaker's Q1FY27 earnings were driven by stronger steel prices, higher sales volumes and an improved product mix, while exports rose 46 per cent year-on-year

McLeod Russel to sell tea gardens as NARCL withdraws insolvency bid

The tea producer plans to begin selling its first tranche of Assam gardens after the insolvency case was withdrawn, enabling it to proceed with debt restructuring

Exide sees Q3 revenue contribution from Bengaluru lithium-ion cell plant

Exide Industries expects its Bengaluru lithium-ion cell plant to begin generating revenue from Q3 FY27 as it ramps up investments in battery manufacturing and new energy