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Bhushan Steel's former resolution professional files review petition in SC

Mahender Khandelwal, the RP for Bhushan Power and Steel Ltd, has claimed that the top court has overlooked certain critical documents and procedural compliances and committed certain 'errors apparent'

ITC's FMCG biz clocks in consumer spend of over ₹34,000 cr in FY25

Consumer spend on ITC's FMCG brands grew 4.6 per cent to over Rs 34,000 crore in FY25, with rural demand holding up despite muted growth across the broader sector

Tea exporters cautiously optimistic as Israel-Iran ceasefire lifts demand

With Iran-bound orders resuming and auction prices rising, Indian tea producers and exporters remain hopeful even as shipments move slowly

Sluggish demand weighs on Indian steel sector, pulls down prices

The monthly average HRC price (excluding Mumbai) was Rs 52,900 a tonne on April 29, according to data provided by BigMint, a market intelligence company

JSW Steel files review petition on SC verdict in Bhushan Power case

In a filing with the stock exchanges, the company said it filed a review petition before the Supreme Court on June 25, related to the judgment dated May 2

MGNREGA verdict in, but tug of war between Centre, state lingers in Bengal

Even as both the TMC and the BJP claim 'victory' after the Calcutta HC's order on resumption of MGNREGA in the state, political fault lines are likely to widen before Assembly polls next year

Dhunseri to invest ₹2,240 crore to expand plastic film capacity by 2029

Dhunseri Poly Films to add BOPET and BOPP lines in West Bengal and Jammu with ₹2,240 crore investment, targeting total installed capacity of 330,000 tonnes by 2029

PE firm Blackstone acquires South City Mall in Kolkata for ₹3.2K cr

Real estate services firm Anarock was the sole transaction advisor to the deal

Stricter internal controls, fund infusion on Ramkrishna Forgings' radar

Promoters to infuse Rs 204.75 crore at 3x market price via warrants as part of effort to offset accounting losses and strengthen internal controls and SAP processes

Bengal govt's shift from industry incentives sparks business concern

Incentives - or the lack thereof and outstanding dues - have long been a pet peeve of the industry

Israel-Iran tensions cloud India's tea export prospects in West Asia

Strong demand has lifted orthodox tea prices but exporters worry as Israel-Iran flare-up threatens disruptions in key West Asian markets like Iran and Iraq

NU Vista moves court against West Bengal's incentive scheme rollback

On account of the Revocation Act, the incentives of ₹427.14 crore and ₹300.44 crore to be received by the company and NU Vista Limited, respectively, are likely to be impacted, Nuvoco mentioned

Nepal tea inflow puts India in a bind over Darjeeling and diplomacy

As duty-free tea varieties from Nepal flood the domestic mkt, challenging the iconic Darjeeling tea, India walks a tightrope, weighing geopolitical calculations and domestic political considerations

Berger is number 2 by a margin in the decorative paint space: MD & CEO

Acquisitions are a high risk strategy; there are advantages in utilizing one's own strengths

ITC stake strategic investment, not financial: BAT chief executive Marroco

Marroco also confirmed that BAT would keep its two directors on the ITC board so that it has an influence

Indian steelmakers eye robust growth in FY26 but China clouds gather

Steel imports started dropping in the lead-up to the government's provisional safeguard duty - a measure aimed at protecting domestic producers from a flood of cheap imports

McLeod Russel in discussion with NARCL for composite debt resolution

McLeod Russel submits initial proposal to NARCL as part of a composite debt resolution effort amid continued financial distress and narrowed losses in FY25

BAT pares stake in ITC to 22.9%, relinquishes veto power in key move

BAT's latest stake sale trims its ITC holding below 25 per cent, ending veto rights just a year after it cited the importance of maintaining control through board influence

BAT evaluating sale of small part of ITC stake, confirms in LSE filing

BAT may offload a small portion of its 25.45% stake in ITC via on-market trade, but says no certainty of deal; earlier divestment funded share buyback

BPSL issue one-off, will weigh opportunities on merit: JSW Steel's Acharya

The control (BPSL) is still with us currently. At present, we are focusing on the opportunity of looking at all legal remedies