Page 30 - Ishita Ayan Dutt

Jindal Stainless to invest Rs 1,200 cr in nickel pig iron JV in Indonesia

JSL says it is the first strategic partnership by an Indian company for securing a stake in a nickel reserve abroad

SC's fraud-tagging ruling may lengthen process for banks: UCO Bank MD & CEO

Soma Sankara Prasad believes the process of identifying an account as fradulent would be akin to that of determining wilful defaulters

Steelmakers press for higher auto contract prices after three quarters

Spot steel prices have been rising both globally and at home since December; a hike of over 12% in the domestic market would have been the basis of negotiations for the upcoming contracts

ITC working on short-term action to mitigate impact of a harsh summer

A team of experts is working using big data analytics. "We are piloting it on certain agri crop value chains," Puri said

Spencer's Retail appoints Anuj Singh as CEO, MD for three-year term

Industry veteran has more than two decades of leadership experience in organisations in India, West Asia, Europe

Srei promoters dispute insolvency proceedings; next hearing on March 31

Government had suspended fresh insolvency proceedings through an ordinance in June 2020

Coal India has strong case to increase prices, talks on: CMD Agrawal

Miner needs to be 'adequately compensated'; stakeholders being consulted before a decision

Tea exports to Russia soar 21%, belying war worries; some lost share gained

Sri Lanka crisis, sanctions on Russia that made sourcing from other countries difficult help domestic industry post better numbers

ITC's diversification into non-cigarette biz shows critical mass in profits

But ITC's strong run currently is not restricted to a single segment - all businesses are on a high

SAIL finalising plans to nearly double capacity to 34-35 mt by 2030-31

In next 3-4 years, it will add about 3 mn tonnes by sweating existing assets and debottlenecking, at a likely capex of Rs 10,000-11,000 crore

Manipal Health Enterprises set to buy AMRI Hospitals for Rs 2.3K crore

Temasek will buy controlling stake in Manipal at $4-billion valuation

Shyam Metalics eyes $1 bn in revenue from stainless steel business

Company preps up expansion plan after acquiring Mittal Corp through the insolvency process

Rebuilding of Turkey post quake may spur steel demand from India: Industry

Since Turkey's own industry, a major player in world steel trade, has also been disrupted, demand from the western world may surge as well

IIM Calcutta concludes campus placements with 573 offers for entire batch

Average yearly compensation Rs 35.07 lakh, median at Rs 33.67 lakh; top 25 percentile receive average yearly pay of Rs 50.86 lakh

Nissan plans to develop left-hand drive 'Magnite'; to step up exports

Nissan launched the Magnite in December 2020 and since then has logged in bookings of about 100,000

Four-month long dry spell may take a toll on the 'Champagne of teas'

Lower crop expected in South India; Munnar, Nilgirs impacted by weather conditions

One year of Ukraine war: A roller-coaster ride for steel companies

In 2021, steel exports from the two countries stood at about 48 million tonnes, accounting for around 10% of global steel trade

Cup of woes: Darjeeling tea production slips to near two-decade low

Figure is even marginally lower than in 2020, when a nationwide lockdown was imposed to contain Covid-19; Tea Board chief says output has gone down because due to old bushes

Some relief for Khaitans as McLeod Russel gets interim stay in CIRP

Meanwhile, even as the appeal process is being pursued in NCLAT, the Khaitans are understood to be engaging with IL&FS for a settlement

Private sector will propel country to a different level: Sajjan Jindal

Says public sector has failed worldwide and that he strongly advocates that govt should not do business