Page 7 - Ishita Ayan Dutt

India Inc eyes no-contest clause as Ratan Tata's will sparks estate debate

A no-contest clause is designed to discourage beneficiaries from disputing the terms of a will, but inheritance laws in India do not explicitly recognise or prohibit such clauses

JSW breaks ground on 1,600MW power plant at Salboni in West Bengal

Chief Minister Banerjee described it as a "big moment", while Jindal said it was his "dream project"

JSW Energy aims for 30Gw generation capacity by 2030, revises target

Mamata Banerjee to lay foundation stone of firm's ₹16,000 cr Salboni plant on Monday

ITC to acquire '24 Mantra Organic' maker SNBPL for Rs 472.50 crore

The acquisition is expected to be completed in the first quarter of FY26

'Chance to get Tata Steel Netherlands back to being a benchmark in Europe'

The Netherlands operation is structurally one of the most competitive assets in the steel industry across peers in Europe

Tata Steel to transform Netherlands operations, plans to cut 1,600 jobs

Tata Steel's Netherlands operations were impacted in FY24 due to a delay in the relining of one of the blast furnaces

JSW Steel, Tata Steel log record Q4 FY25 output on capacity boost

During Q4FY25, Tata Steel's India deliveries at 5.6 million tonnes were up 3.3 per cent year-on-year from 5.42 million tonnes in Q4FY24

Bhushan Steel buy case: Tata Steel gets tax notice, challenges in HC

Tata Steel said that the income tax return of Bhushan Steel for FY 2018-19 was accepted by the income tax department in June 2020 without any demand pertaining to the waiver of loan

From construction sites to factory floor, Indian firms battle heat

For industries like steel manufacturing, where extreme temperatures are part of daily operations, structured heat management protocols are crucial

With eye on transformation, industry bets on 10-30% higher AI budget

Industry experts pointed out that there is a rising demand for professionals skilled in data science, machine learning, and AI systems development

India's tea exports touch highest levels, but rising imports a concern

In 2024, India took the third spot in tea exports, pipping Sri Lanka after exporting 254.67 million kg (mkg) of tea, up from 231.69 mkg in 2023

Family brew: Reticent Karan Paul offers rare glimpse into his private life

His marriage to Indrani Dasgupta in 2014 had caused quite a flutter in Kolkata circles, particularly because it took one of the city's most suitable boys off the market

AM/NS India commissions first scrap unit, plans three more by FY26

By processing scrap at its own facilities, AM/NS India hopes to enhance material quality and yield while reducing conversion and logistics costs, and formalising the scrap industry

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

A sharp focus on innovation, sustainability, and strategic investments has cemented JSW Steel's position at the forefront of the industry, say group officials

Will safeguard duty help expand capacity in India's steel industry?

With cheap imports flooding the market, India moves to shield its steel industry - again

In a short period, India could well be signing multiple FTAs: Sanjiv Puri

He said that with the developments in the world, it was more likely that in a very short period of time, India could sign multiple FTAs

Domestic steel prices rise but looming global trade war sparks concerns

It is widely anticipated that the 25 per cent tariff imposed by the US from March 12, 2025, will lead to trade diversion and increased imports into India

Banks transfer McLeod Russel loan accounts to NARCL for debt resolution

ICICI Bank and seven lenders assign McLeod Russel's Rs 1,104.69 crore debt to NARCL, raising hopes for restructuring. IndusInd Bank stays out, while JC Flowers ARC holds a 24.39% stake

Additional incentives lined up for underground coal mine auctions

Coal secretary Vikram Dev Dutt said an incentivisation framework was at an advanced stage of discussion

Tata Steel's electric arc furnace project in Port Talbot gets approval

"This £1.25 billion investment is the most significant made in the UK steel industry in decades"