Page 23 - Ishita Ayan Dutt

Indian steel mills flag concerns over rising Chinese steel imports

Domestic demand in China has been sluggish since the property market ran into trouble

Will explore acquisition possibilities at the right price: Shree Cement V-C

The cement sector is seeing heightened activity with top players such as UltraTech, Ambuja-ACC, Dalmia, and JSW looking to increase their share

Led by Burman family, battery manufacturer Eveready plans new category

Company seeks to double revenue by FY27 and new category will help in the target

How steelmakers are turning up heat in furnaces for the war on emission

The startup world is also being tapped for innovative solutions by Tata Steel, ArcelorMittal, as well as JSW

Oil dependence a key challenge for India: HDFC Bank director Keki Mistry

Mistry said that the trajectory of oil prices always needs to be watched as India imports 85 per cent of its oil requirements and is the world's third-largest oil importer

AM/NS India likely to break ground for Paradeep steel plant in Dec-Jan

The joint venture between global steelmakers, ArcelorMittal and Nippon Steel, is looking at setting up two greenfield plants in Odisha - a 12 mt plant at Kendrapara district and 7 mt at Paradeep

I expect gold price to be notably higher next year: World Gold Council CEO

My vision is for all other SROs that emerge around the world to form a united representative force at the upper echelons of the gold industry, says David Tait

JSW Steel to boost long steel capacity to tap infrastructure boom

As the company increases production, raw material security is also on its radar

Essar group to source pellets from Bahrain Steel for Saudi factory

The Essar project, set to be the region's inaugural green steel initiative, aspires to establish a global standard in CO2 reduction

Domestic consumption, Chinese market can lift Darjeeling tea: ITEA chairman

Teas from Nepal, sharing similar characteristics with Darjeeling tea, have made inroads. Kanoria warned that the threat from Nepal was serious

Jute industry revenue to drop 5-6% on weak overseas demand: Report

Domestic demand will be stable because of steady orders for bags used to store grain, says CRISIL Ratings

Beyond estimates: ITC's profit puffs up over 16% to Rs 5,104. 93 crore

Cigarette, FMCG (non-cigarette), and hotel segment top performers

ITC board approves demerger of hotel business; listing in 15 months

Trademarks jointly used by ITC's other businesses and hotels business would be licensed to ITC Hotels, on mutually agreed terms

ITC holding in hotel business key to its success, says CMD Sanjiv Puri

Move will help it use ITC logo and brands; entire demerger process may take 12-15 months

Jindal family-backed Shalimar Paints scripts new coming after stagnation

Jindal family-backed paint company taken up goal of modernising plants, enhancing capacity

Exide Industries to start lithium-ion cell project's phase-1 by FY25-end

The plant, with a capacity of 12 gigawatt hours (GWh), would be set up in phases

Birla Corp Q1 results: Consolidated net profit falls 3.6% to Rs 59.71 cr

Total income at Rs 2424.63 crore saw an increase of 9.3 per cent, as cement volumes grew by 12.2 per cent

Emami net profit up 86.5%, reports 7% domestic business growth in Q1FY24

The company said that with the easing of raw material cost pressure, the quarter witnessed an expansion of gross margins by 240 basis points at 65.4 per cent during the quarter

Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030

Lease of 4 of its ferrous mines to expire in 7 yrs, even as prepares to double steelmaking capacity

McLeod Russel inks deal with Carbon Resources for sale of gardens

McLeod's crop in India is about 45 million kg (mkg) across 31 estates in Assam and two in Dooars