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Tata Steel to stop operations of coke ovens at Port Talbot plant

Coke ovens are manufacturing plants or blast furnaces for making coking coal, a key raw material in steelmaking

Shoppers Stop bets on beauty, picks Kolkata for industry's 'largest store'

West Bengal's capital city is important to company's growth target, says senior executive

Rising imports, demand slowdown ahead of polls weigh on Indian steelmakers

Imports from China have surged 88 per cent in the April to February period of the current financial year, which has "majorly impacted" domestic steel

Electoral bond disclosures: Jalan group bonds well with political parties

Financial records of two group companies show that the donations gave are disproportionately high compared to the of the firms, at least in the years they purchased the bonds

Mandatory 100% auction of dust tea grades heats up debate in tea industry

Some packet tea players are reportedly putting pressure on leaf factories to oppose the proposed 100 per cent dust grade auction regulation

Rasna looks at overseas franchise arrangements for manufacturing abroad

Negotiations for franchise agreements were on for Egypt, Indonesia and Philippines. Market size, increasing logistics cost and high duties were factors spurring such arrangements

MSMEs need to be future ready, foster development, says CII president

CII conference highlights MSMEs' future readiness and role in eastern region's development

Domestic steel consumption growth may slow down to 7-8% in FY25: ICRA

With most large steel-consuming hubs globally facing subpar economic activities in the near term, global steel trade flows have been increasingly redirected to high-growth markets like India

Sandeshkhali case: Eye on 2024 Lok Sabha elections, BJP sees an opening

TMC firefights the allegations of land grab, forced conversion of land, and sexual exploitation with the arrest of Sheikh Shahjahan

JSW Steel, Italy govt sign agreement to relaunch Piombino steel hub

Apart from doubling the current rail-making capacity from 300,000 tonnes to 600,000 tonnes per annum, the investments at Piombino are aimed at making the rail mill more efficient

Steelmakers look to startups in decarbonisation, sustainability journey

Bhattacharjee says, this is like Tata Steel matrimony.com - the matrimony here is between start-ups and corporate needs. And the "matchmaking" is on specific themes

TMC depriving poor of central schemes for sake of politics: FM Sitharaman

The politics of denying these benefits to the people of Bengal is a disservice done to them, the finance minister added

Centre directs 100% auction of dust tea grades from North India

Mohit Agarwal, Director, Asian Tea Company, said that the move would make the tea industry "robust and transparent"

Higher wage costs, lower price realisation add to tea companies' woes

Both West Bengal and Assam hiked wage rates from June and October 2023, respectively

Goodricke MD Atul Asthana decides to step down; cites personal reasons

"The Group made profits up to 2022. It's only in 2023 a loss was reported mainly due to depressed price realisation," said Asthana

Germany's Thyssenkrupp to divest stake in Indian arm to local partners

The statement said that it is "intended and envisaged" that Thyssenkrupp Polysius and tkII would remain close cooperating partners

Kilburn Engineering acquires turnkey solutions provider M E Energy

The acquisition, effective February 20, 2024, was made for an aggregate consideration of Rs 98.70 crore

Visa applications to beat pre-Covid levels in 2024, says VFS Global

In 2023, visa application volumes for VFS Global saw a 16 per cent year-on-year (Y-o-Y) growth compared to 2022, taking it to 93 per cent of the pre-pandemic level of 2019

Competitors Google Pay, PhonePe and BHIM go all out for Paytm user base

Players such as Google Pay, PhonePe, and even banks like HDFC and State Bank of India (SBI) are said to be deploying several thousand 'feet on the street' or salesforce to attract merchants

Domestic market enough to take in our capacity: Jindal Stainless MD

Jindal says that the strategy is to focus on the domestic market