Page 48 - Ishita Ayan Dutt

Covid-19: JSW Steel reduces production to ramp up supply of medical oxygen

Saving lives more important than producing steel, says Sajjan Jindal

We'll have to find vaccine resources if Centre doesn't help: Amit Mitra

In an Q&A, the West Bengal finance minister says differential pricing is absurd and will result in a huge additional outgo for states

Calcutta HC dismisses contempt petitions against Harsh Vardhan Lodha

According to the Lodhas, the 'landmark judgment' clears the decks for Harsh Lodha to continue as the chairman of all companies of the MP Birla Group

Global steel price surge leaves scope for hike in domestic market

The current price differential is the highest in over 13 years, surpassing the previous high of Rs 13,000 a tonne seen in June-August 2008

States may need Rs 30,000 cr to vaccinate 70% of those in 18-44 age group

Centre's support and private sector participation may relieve some of the load

Surge in steel price opens up room for companies to increase rates

Steel prices started rallying from March after the Chinese New Year holiday

2021 will not be about Covid despite second wave: Nirmala Sitharaman

FM says Rs 4,650 crore being given to two vaccine makers in India to ramp up capacity; adds 100% advance paid top them for the next few months

Domestic steel output to take hit as plants divert oxygen for medical use

Consumption seen falling in line with production as auto, consumer durable goods demand tanks

NCLAT's dismissal of DVI appeal may pave the way for Amtek resolution

Amtek owes lenders Rs 12,641 cr and was on RBI's first list of NPAs mandated for resolution under Bankruptcy Code. The DVI bid is said to be Rs 2,615 cr, of which Rs 500 cr is upfront cash

RINL privatisation prompts Posco to explore new locations for steel plant

Andhra govt has invited Posco to set up a unit at Krishnapatnam, but steel major has not taken a decision yet

Covid-19 pushed steel exports to record high in FY21: SteelMint data

Finished steel exports in FY21 stood at 11.65 mn tonnes and semi-finished at 7.25 mn tonnes, up 31% and 153%, respectively, over previous year

Srei Eqpt Finance gets $250 mn equity infusion offer from global PE funds

Company panel to negotiate and conclude talks with the PE investors; Ernst & Young will be advising on the proposed fund raising exercise

Steel prices hiked by Rs 5,000 a tonne on global rally, iron ore rises too

The last time steel price rose was in Jan when it touched an all-time high. But it came off those highs as China moved into the new year holiday season on pressure from end users in domestic market

FPIs increase exposure in Tata Steel, SAIL on surge in steel prices

In Tata Steel, FPI holding was up by 5.69% and in SAIL by 0.93% between October and December; in JSPL and JSW Steel, it was marginally down by 0.72% and 0.03%, respectively

Diamond in the rough: Why NINL is attracting interest from all the big boys

Why the sale of a loss-making public sector steel company, which has been closed for over a year, is attracting interest from all the big boys of the industry

It's anybody's game: With minority votes, difficulty level for BJP goes up

From 3rd phase, the proportion of Muslim voters in constituencies will be greater

Second Covid-19 wave: Lessons from last year in mind, hospitals prepare

Civic corporations in Maharashtra are ramping up hospital beds even as health minister Rajesh Tope said there was no bed shortage

Global institutional investors show interest in Srei Equipment Finance

The capital infusion in the form of equity will be in tranches

JSW Steel pays Rs 19,350 cr to financial creditors of Bhushan Power & Steel

Lenders would stand to realise 41% on claims of Rs 47,157.99 cr

The focus for Spencer's Retail is profitable growth: Shashwat Goenka

We want to ensure that the new stores we open become profitable from the first year itself and add to the bottomline, said Goenka