Page 26 - Ishita Ayan Dutt

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

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

Eveready growth to be backed by 'adequate' profitability: MD Suvamoy Saha

Eveready achieved a growth of 10 per cent over the previous year in its topline, driven primarily by the premiumisation of product portfolio

ArcelorMittal looks to rope in Indian climate tech start-ups to go green

Launches first country-specific accelerator programme to achieve decarbonisation goal

Peerless group plans Rs 1,000 crore capital expenditure over three years

In real estate, plans are being charted to launch a 15-floor retail-commercial-residential real estate project called Trium at Rajarhat

UCO Bank opens 4 special rupee vostro accounts, gets RBI nod for 8 more

"In addition, four more banks have approached us to open SRVA accounts. After completing their formalities, we will be approaching RBI seeking approval," he added

ITC hotel demerger financially win-win, says chairman Sanjiv Puri

Financial ratios to improve significantly for ITC, while new entity will start with strong balance sheet

AM/NS India's Ebitda up 54% due to higher steel shipments, lower costs

Crude steel production, which was at 1.8 million (mt), was 7.4 per cent higher YoY

Jindal Stainless pitches for imposition of CVD on stainless steel imports

Consolidated revenue was at Rs 10,183.96 crore, higher by 25.44 per cent as sales volume increased

Talks with UK govt have picked up significantly: Tata Steel's T V Narendran

T V Narendran, Tata Steel MD & CEO, tells that collectively the Tata group is one of the biggest investors and employers in the UK

ITC board gives in-principle approval for demerger of hotels business

The move may improve ITC's ROCE by 2,000 bps

Have to study Vedanta assets; K'taka mines of interest to us: JSW Steel CEO

"While we are indeed looking for iron ore and coking coal assets to ensure raw material security, our primary focus is on domestic acquisitions"

JSW Steel net profit increases 179% to Rs 2,338 cr as sales improve

Capacity utilisation at Indian operations was at 92% compared to 96% in Q4 FY23 due to maintenance shutdowns

Shree Cement exits the race to acquire Ahmedabad-based Sanghi Cement

Shree Cement has set target of reaching 80 million tonnes capacity by 2030. This would be achieved through brownfield and greenfield expansion

Jute goods exports get the sack on global slump; economies taper off buying

Major economies taper off buying despite global push for sustainable packaging material

Betting on India's growth, top steel firms in midst of big expansion plans

Private sector steel-makers have aggressive expansion plans to the end of the decade betting on faster economic growth

India has highest general barriers of any large economy: US Ambassador

US Ambassador pitches for fewer barriers between the two nations

'Steadfast' in hitting 40 MnTPA capacity in India by '30: Chandra

Responding to shareholder queries on future plans, he said most of the expansion to reach the capacity would be organic