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ArcelorMittal Nippon Steel India EBITDA jumps 450% to $607 million

The company said Q2CY21 crude steel production remained stable at 1.8 million tonnes despite Covid-19 headwinds

JSW Paints eyes 10% mkt share, spot among top-three paint players by 2025

At present, JSW Paints has a market share of 1.5 per cent in the decorative segment and is targeting 3-4 per cent by the end of this fiscal

'Next quarter, there will be a boom in steel demand': JSW Steel Joint MD

Investment in infrastructure by various governments and energy transition are driving demand for steel, says Seshagiri Rao

ITC consolidated profit up 30% at Rs 3,343 crore in June quarter

Consolidated revenue from operations stood at Rs 14,240.76 crore compared to Rs 10,478.46 crore reported in the same quarter last year

Union Cabinet approves Rs 6,322 crore PLI scheme for speciality steel

Move likely to attract investment of Rs 40,000 crore, capacity addition of 25 mn tonnes; create over 500,000 jobs

CM Mamata urges Opposition to unite against BJP for 2024 polls

Several leaders from Opposition parties were present for the screening in Delhi - from the Congress, the NCP, and the AAP, among others

Mamata Banerjee says 'Khela Hobe' till BJP is ousted from Centre in 2024

The West Bengal chief minister calls for a national alliance, wants planning started right away

ITC CMD Sanjiv Puri's pay increases 47% to Rs 11.95 crore in FY21

Full-year impact of his revised pay structure comes into effect

ITC diversifies tobacco into nicotine and derivatives for US vaping market

Launches new hotel brand "The Storii" which is a collection of boutique lifestyle properties. The brand will grow under ITC's "asset right" model

Harsh Lodha wins Supreme Court battle, can head four Birla companies

Top court directed Calcutta HC to dispose of all outstanding appeals and cross-appeals over Lodha holding office as a director in MP Birla Group companies by next March

Zorawar Kalra-led Massive Restaurants eyes listing, timing not yet decided

Massive has brands like Made in Punjab, Farzi Cafe, Pa Pa Ya, Masala Bar, and BO-TAI; has lined up expansion on brick-and-mortar side of the business, as well as the delivery vertical

Boost for realty as West Bengal proposes rebate on stamp duty in budget

2% rate cut proposed, along with 10% deduction in circle rate, which sets the value at which a property is registered

Tata Steel outlines Rs 10,000-12,000 cr annual India capex over next 5 yrs

As against a $1 billion annual debt reduction target, the company is likely to reduce gross debt by over $2 billion in FY22

Present tense, future shaky for Bengal small factory hub amid Covid crisis

The 500-odd foundry units in Howrah operate largely with contractual workers.

Steel companies reduce prices by Rs 1,200-2,000 a tonne across products

Companies say, correction may be temporary

India Inc getting back in biz with no-jab-no-entry, thrust on vaccine drive

Companies gear up to protect employees after second wave disrupts operations

Steel companies negotiate 10-16% price increase for auto manufacturers

While some mills have finalised contracts, others hope to close by month-end. Deals are for April-June quarter

Emami ups stake to 46% from 33% in male grooming company Helios Lifestyle

Emami said the investment was in line with its strategy of leveraging emerging online opportunities brought about by rapid digitisation

With massive investment plans, steel leads India Inc's capacity expansion

Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters

Eveready powers up for life after debt, but the question of control remains

After hefty provisioning for inter-group loans, the Khaitan-managed company says it is back on track. But who will be in control from here on remains an open question