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An asymmetric story: Big steelmakers mint money as smaller ones struggle

Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are struggling

High industry spread structural trend rather than cyclical: Tata Steel CFO

Koushik Chatterjee, executive director and chief financial officer, Tata Steel, tells Ishita Ayan Dutt that balance sheet strengthening continues to be an enterprise strategy

ArcelorMittal Nippon Steel India clocks 188% jump in Ebitda to $403 million

While announcing the earnings, which was the best in a decade for ArcelorMittal, the company said in the 1Q21, AM­NS India achieved solid production, annualising at 7.3 million tonnes (Mt)

Mamata 3.0: Will industrialisation pick up pace now in West Bengal?

Though the mandate is seen largely an outcome of Banerjee's welfare schemes, she promised to industrialise at a faster pace, as per the party manifesto

West Bengal Assembly election: Mamata to move court over Nandigram result

To take oath on May 5; Centre seeks report from Bengal on post-poll violence

Mamata Banerjee wins West Bengal again, to take vaccine fight to Centre now

In the high-stakes 294-seat state polls, Banerjee's TMC registered its best performance ever, wining or leading in 217 seats and bagging a vote share of 48% as at the time of publication

West Bengal govt shuts down shopping complexes, malls, restaurants, gyms

Curbs come into effect immediately, in force till further orders. Home delivery and online services permitted

ITC will help set up 200-bed Covid-19 medical facility in Kolkata

Unit will be set up and managed by Medica Superspecialty Hospitals; Bengal govt has allowed use of Kishore Bharati Stadium

Auto companies may see sharp increase in prices for steel contracts

Some have temporarily shut down units in the wake of rising Covid cases, but at least three major suppliers to the auto industry said the move was unlikely to impact negotiations

Return unused Covid-19 vaccine stock, govt tells private hospitals

Leading facilities in Mumbai, Delhi, Bengaluru have got communication in this regard

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