Page 4 - Ishita Ayan Dutt

Port Talbot's green furnace marks end of costly firefighting for Tata Steel

Port Talbot, Tata Steel's upstream steelmaking facility in South Wales, had largely been a drag on the company's bottom line since it acquired Anglo-Dutch steelmaker Corus in 2007

Need to look at extending safeguard duty, review levy: JSW Steel's Acharya

Q1 was disrupted by plant maintenance shutdowns at Dolvi and Bhushan Power and Steel (BPSL), which had an impact on our costs both for capex and operations

JSW Steel Q1 results: Profit up over 2x on volumes, low coking coal cost

The firm's total revenue, on a consolidated basis, increased 0.5 per cent to ₹43,147 crore from ₹42,943 crore last year. The Bloomberg estimate for revenue was ₹43,004 crore

SC upholds West Bengal's resumption of Hindustan Motors' factory land

The Hindustan Motors' Uttarpara plant, which used to roll out the iconic Ambassador car, had declared "suspension of work" in 2014, which continued

AM/NS India commissions auto steel line at Hazira plant to reduce imports

Hazira facility can produce high-strength steel of up to 1,180 MPa for automotive use; part of Rs 8,500 crore expansion to lift downstream capacity to 5 mt

Tata Steel begins Port Talbot EAF project as UK backs £500-mn investment

Tata Steel's Port Talbot transformation gets underway with construction of a 3 mt electric arc furnace, backed by £500 mn UK government support for low-carbon steelmaking

After Singur, a new chapter unfolds in Tata Group-West Bengal saga

A meeting between Chief Minister Mamata Banerjee and Tata Group Chairman N Chandrasekaran has rekindled hopes of fresh investments by the group in the state that goes to polls next year

Makaibari tea estate owner ups branded play with British buyout deal

For Luxmi, the Brew Tea deal ticks key boxes in its strategy, mainly, focusing on quality and branding

Comeback after Singur: Tata Chairman Chandrasekaran calls on Mamata

In a post on X, the Trinamool Congress, the party Banerjee leads, said she hosted Chandrasekaran for a dialogue on West Bengal's industrial growth

Luxmi Group, owner of Makaibari, ups branded play with British buyout

Luxmi Group, which owns iconic Makaibari tea estate, has acquired a majority stake in Brew Tea Co, a UK-based retailer, marking a strategic expansion of its branded tea portfolio and global presence

Trade with India should reach $20 bn: Vietnam envoy Nguyen Thanh Hai

Ambassador Nguyen Thanh Hai says India-Vietnam trade has strong growth potential, urges deeper cooperation and highlights VinFast's $2 bn investment in Tamil Nadu

Tariff shocks, China exports challenge Indian steel: Sajjan Jindal

JSW Steel chief flags risks from US tariffs, Chinese exports and global volatility, urging a sustained policy push to ensure competitiveness and fair returns on investment

Tata Steel expects UK unit to turn EBITDA-positive in FY25 amid green shift

Tata Steel eyes turnaround in UK with green steel plans as chairman Chandrasekaran confirms ₹15,000 crore annual capex and targets 40 mt capacity in India

Kolkata's Luxmi Group acquires majority stake in UK's Brew Tea Co

Luxmi Group partners with Brew Tea Co. to strengthen sourcing and build a direct farm-to-cup model focused on whole-leaf, hand-rolled tea

Jindal Steel commissions first continuous galvanising line in Odisha

The new line will produce galvanised and galvalume products, catering to various industries, including appliances, automotive, infrastructure, and construction

Tagore's handwritten letters fetch ₹5.9 crore at AstaGuru auction

The set of 35 letters auctioned was penned by Rabindranath Tagore to sociologist, musicologist and confidante Dhurjati Prasad Mukerji

Bhushan Steel's former resolution professional files review petition in SC

Mahender Khandelwal, the RP for Bhushan Power and Steel Ltd, has claimed that the top court has overlooked certain critical documents and procedural compliances and committed certain 'errors apparent'

ITC's FMCG biz clocks in consumer spend of over ₹34,000 cr in FY25

Consumer spend on ITC's FMCG brands grew 4.6 per cent to over Rs 34,000 crore in FY25, with rural demand holding up despite muted growth across the broader sector

Tea exporters cautiously optimistic as Israel-Iran ceasefire lifts demand

With Iran-bound orders resuming and auction prices rising, Indian tea producers and exporters remain hopeful even as shipments move slowly

Sluggish demand weighs on Indian steel sector, pulls down prices

The monthly average HRC price (excluding Mumbai) was Rs 52,900 a tonne on April 29, according to data provided by BigMint, a market intelligence company