Page 2 - Ishita Ayan Dutt/undefined

Birla Corporation Q2 net profit at ₹90.48 crore on higher cement sales

Birla Corporation posted a consolidated net profit of Rs 90.48 crore in Q2FY26, aided by improved performance in its cement and jute divisions, even as rainfall and price pressure weighed on margins

AM/NS India EBITDA up 34% in September quarter on higher shipments

ArcelorMittal Nippon Steel India's EBITDA rose to $217 million in Q3 2025 as steel shipments increased, though softer prices weighed on overall revenue

Nithia Capital plans 6 mt steel capacity in India, IPO on the cards

The UK-based firm eyes Rs 6,000 crore investment to expand Evonith Steel's capacity and explore acquisitions, with a public issue planned in 18-24 months

ITC Q2 results: Net profit rises 2.7% to ₹5,126.11 cr, revenue down 1.3%

The company reported consolidated gross revenue of Rs 21,255.86 crore for Q2FY26, down 1.3 per cent compared to Rs 21,536.38 crore a year ago

JSW Steel laying groundwork for CBAM regime, says CEO Jayant Acharya

'The company was waiting for more clarity on the CBAM framework and tariff structures before finalising its capacity expansion plans and its timing'

Leather exporters eye new markets, domestic demand to offset US tariffs

Exporters expect a 5-8% drop in shipments in FY26 due to higher US tariffs but say strong domestic demand and FTAs will help cushion the impact

West Asia raises toast to Indian teas, offsets export losses to Russia, US

Significant gains were made in China, with exports soaring to 9.64 mkg compared to 3.31 mkg last year

There is renewed confidence in India story: JSW Steel CEO Jayant Acharya

CEO Jayant Acharya says domestic demand remains firm, expects steel prices to recover and safeguard measures to strengthen as imports rise

JSW Steel Q2FY26 results: Net profit jumps 269.7% to ₹1,623 crore

The firm's total revenue, on a consolidated basis, increased 13.8 per cent to Rs 45,152 crore from Rs 39,684 crore last year

EU steel duty plan: A double whammy ahead for Indian steelmakers in 2026?

The EU's plan to halve import quotas and impose a 50 per cent tariff, combined with CBAM rollout, could deliver a double blow to Indian steelmakers next year

State funding support essential for green push: Tata Steel's Chatterjee

The engagement with the Netherlands government on the terms of the tailor- made agreement and the policy conditions will be initiated after the formation of the new govt, said Chatterjee

Tea sector grappling with acute financial stress: ITA Chairman Bangur

With prices down and costs up, ITA's Hemant Bangur warns of viability risks for tea estates and urges a minimum sustainable price to stabilise the sector

Tea growers in rain-soaked Bengal stare at heavy losses as production dips

Information from the tea belt is still trickling in, but industry officials say bushes have been lost in certain gardens, and infrastructure has sustained damage

McLeod Russel engaged with NARCL for debt resolution, eyeing revival: CMD

McLeod Russel CMD Aditya Khaitan said the company is working with NARCL on a debt resolution plan after lenders transferred loans, with hopes of restructuring in the next quarter

Durga Puja 2025: Corporate sponsorship up across West Bengal's 45K pandals

Corporate sponsorship for Durga Puja is buoyant in Kolkata with brands returning strongly, though retail sales show mixed trends across malls, shopping hubs and markets

ITC to continue Nepal investment plans in FMCG and hotels: Sanjiv Puri

ITC Chairman Sanjiv Puri said recent turmoil in Nepal will not affect the company's plans in FMCG and hospitality, with Surya Nepal and new hotels continuing expansion

Amit Mitra flags US tariff concerns, outlines Bengal's economic plan

At MCCI's annual general meeting in Kolkata, Amit Mitra voiced concern over US tariffs while highlighting Bengal's growth strategy and central tax devolution issues

Don't hesitate to invest more: FM Nirmala Sitharaman to India Inc

Finance Minister Nirmala Sitharaman asked industry to shed hesitation in investing and expand capacities while partnering with the government to skill youth for faster employment

US may cut tariff to 10-15%, penal duty likely to go: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran said, according to his intuition, the penal tariff was unlikely to continue beyond November 30

JSW Group spreads wings across energy, cement, ports, paints and EVs

The journey from 1.6 mt of steel capacity in 2002 to 35.7 mt (including 1.5 mt in the US) has been driven by a mix of acquisitions and organic growth