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Tata Steel Europe: A tale of 2 plants and their transition to green future

Both the Netherlands and UK facilities have turned around but the transition to a green steel future may differ

ITC sees broad-based growth, net profit rises 34% to Rs 4,389 crore

The performance of ITC in the June quarter reflected normalisation of business activity across segments

Anand Burman takes charge as non-executive chairman of Eveready Industries

In Eveready, the current holding of the Burman Group stands at 38.3%

Consumer firms hint at a breather from price hikes as costs decline

According to economists, inflation is likely to ease by October as the monsoons have been progressing well with the cumulative rainfall being 9 per cent above the long-term average up to July 12

Deadline for Srei resolution extended for third time, new date is Aug 10

RBI superseded group firms in October 2021 over governance concerns and payment defaults

AM/NS India Ebitda declines 39.9% in June quarter on lower shipments

Reports steel shipments of 1.51 MT in quarter, compared with 1.72 MT a year ago and 1.73 MT in previous quarter

We invested, supported our UK biz for a long time: Tata Steel's Narendran

'The UK business has come a long way. Today, it is Ebitda positive and cash positive'

Tata Steel Q1 results: Profit falls 12.8% to Rs 7,765 cr, revenue up 18.6%

For Europe, it was the highest ever quarterly EBITDA. Revenue per tonne increased by £154 QoQ to £1,248 per tonne due to long-term contracts and product mix

Growth capex to stay despite slow demand; JSW hopes for a rebound in Q3

A combination of factors made the operating environment in Q1 challenging

Lodha claims 47% in Peerless after NCLT says share allotment to Roys 'void'

Peerless Managing Director Jayanta Roy said that the order was nothing but a stage of litigation

Exploration, imports, private firms: India's search for lithium spreads out

'White gold', needed for electric car batteries, is scarce in the country and getting expensive internationally

Cost spike weighs on JSW Steel as profits slump 86% in first quarter

Firm scales down capex plans

ITC launches super app 'ITCMAARS' to boost agricultural business

The app has been launched in seven states with over 40,000 farmers grouped in 200-plus farmer produce organisations (FPOs) under four value chains - wheat, paddy, soya, and chilli

FMCG exports to make substantial contribution to ITC's growth: Sanjiv Puri

ITC launched 110 products in FY22 to mark its capacity for innovation, he says

Tea producers reinvent business, adapt online blend for consumer connect

Data available on the Tea Board website showed that India's production in 2020-2021 had stood at 1,283.03 million kg and volumes at the auctions were around 547 mkg

Single use plastic ban: Substitutes revving up to seize opportunity

Cotton and jute are both vying for space in the domestic market after making global inroads; business goes beyond carry bags to embrace earbuds, thermacol, kitchenware, among others

Eveready Industries board reshuffle: Burmans and Sunil Alagh join

The board-level changes follow the completion of the open offer for acquisition of shares and control of Eveready by the Burman Group

Major tea firms stare at crop loss due to Assam floods, pest attack

"Our quick estimate indicates that the crop in June 2022 is lower by at least 20-25 per cent over June last year," said Sujit Patra, secretary, exports & market promotion, ITA.

Srei Equipment Finance's auditor Haribhakti resigns from immediate effect

In a letter to administrator of Srei Equipment Finance, Haribhakti cited RBI guidelines for the appointment of statutory central auditors /statutory auditors of commercial banks

How tobacco-to-hotels major ITC rose to the challenge during pandemic

ITC Chairman and Managing Director Sanjiv Puri's three years in charge have seen structural shifts that steadied the cigarettes to hotels major against a tough business environment