Page 54 - Ishita Ayan Dutt

Covid-19: India Inc seeks easing of lockdown norms for production

Corporate houses want the governments to divide districts into smaller zones to identify low-risk areas where factories can start work, peg production capacity to the risk of Covid-19 in a zone

Hindalco's subsidiary Novelis completes $2.8 bn acquisition of Aleris

The deal, which closed at an enterprise value of $2.8 bn, positioned Hindalco as one of the world's largest aluminium companies, with a global footprint across 49 manufacturing facilities

India too complex to be under long lockdown: Tata Steel's T V Narendran

There should be some easing without compromising on the actions being taken to contain the pandemic, says Tata Steel Chief Executive and Managing Director T V Narendran

Coronavirus lockdown: Manufacturing grinds to a halt, companies shut plants

Universal Cables announced that operations at its manufacturing units in Satna had been temporarily suspended with effect from the midnight of March 24

Covid-19 impact: Banks want NPA forbearance for next two quarters or more

An account becomes NPA if default is beyond 90 days. With the present crisis, a huge number of accounts will fall in this category in the next two quarters

PSBs stare at tough quarter over coronavirus and higher provisioning

Slimmer chances of recovering Rs 20,000 cr from Bhushan Steel resolution in the near future add to lender's woes

Metal prices likely to remain volatile over coronavirus concerns

Analyst reports suggest that margins are likely to contract from the first quarter

Coronavirus outbreak: Uncertainty looms large over steel's April price hike

The steel sector has been gradually recovering from lows since November

Coronavirus outbreak: Price recovery has taken a hit, says Tata Steel CEO

Steel prices that had touched a low of Rs 32,250 a tonne in the first week of November have been on the rebound since and are currently at around Rs 37,000 a tonne

Burmans of Dabur hold 9.26% in Eveready after second stake hike in a month

Family picks up 3.34% in India's largest battery maker with latest move, may consider further investments depending on how the company performs

Realisation of 823 firms under IBC only 7% of admitted claims till January

Till January, financial creditors had recovered around 44.01 per cent

SBI sees green shoots in roads, city gas distribution and renewable sectors

PSUs seen as drivers of credit demand, which the bank sees growing by 5-7%; No major impact of coronavirus yet

As steel demand picks up, companies turn to home market; prices may go up

Steel companies are mulling an increase in prices up to Rs 2,000 a tonne in February, which would be the fourth increase in a row

Explained: Why lenders prefer IBC over SARFAESI Act for recovery of dues

This, despite the fact that changes in the Act which come into effect shortly give primacy to secured creditors

ArcelorMittal-Nippon plans to take control of captive jetty at Hazira

ArcelorMittal-Nippon Steel say that this was a captive licence for the steel plant and the captive jetty should remain with the plant

Bad loans provisioning must not be based on trite formula: Sunil Kanoria

If these do get disclosed, then if a borrower has defaulted for only a day, no bank will again offer him a loan

Srei Infrastructure to exit infra financing business in next 3 years

Srei Infra has reduced workforce by 800 between Sep 2018 and Sep 2019

Metals sector eyes recovery as prices rise after scraping the bottom

Steel, iron ore firms gain pricing power, hope for demand revival in base metals

Monnet Ispat & Energy to start integrated steel operations next month

JSW's second-quarter results presentation mentioned that steel making operations were impacted by earlier announced maintenance shutdown and repairs

Gruelling battle for 865 days: The making of Rs 42,000-cr Essar Steel deal

Getting to this point wasn't easy. The road was riddled with challenges as much for ArcelorMittal as it was for stakeholders