Page 5 - Ishita Ayan Dutt/workspace/business Standard Web/video

Comeback after Singur: Tata Chairman Chandrasekaran calls on Mamata

In a post on X, the Trinamool Congress, the party Banerjee leads, said she hosted Chandrasekaran for a dialogue on West Bengal's industrial growth

Luxmi Group, owner of Makaibari, ups branded play with British buyout

Luxmi Group, which owns iconic Makaibari tea estate, has acquired a majority stake in Brew Tea Co, a UK-based retailer, marking a strategic expansion of its branded tea portfolio and global presence

Trade with India should reach $20 bn: Vietnam envoy Nguyen Thanh Hai

Ambassador Nguyen Thanh Hai says India-Vietnam trade has strong growth potential, urges deeper cooperation and highlights VinFast's $2 bn investment in Tamil Nadu

Tariff shocks, China exports challenge Indian steel: Sajjan Jindal

JSW Steel chief flags risks from US tariffs, Chinese exports and global volatility, urging a sustained policy push to ensure competitiveness and fair returns on investment

Tata Steel expects UK unit to turn EBITDA-positive in FY25 amid green shift

Tata Steel eyes turnaround in UK with green steel plans as chairman Chandrasekaran confirms ₹15,000 crore annual capex and targets 40 mt capacity in India

Kolkata's Luxmi Group acquires majority stake in UK's Brew Tea Co

Luxmi Group partners with Brew Tea Co. to strengthen sourcing and build a direct farm-to-cup model focused on whole-leaf, hand-rolled tea

Jindal Steel commissions first continuous galvanising line in Odisha

The new line will produce galvanised and galvalume products, catering to various industries, including appliances, automotive, infrastructure, and construction

Tagore's handwritten letters fetch ₹5.9 crore at AstaGuru auction

The set of 35 letters auctioned was penned by Rabindranath Tagore to sociologist, musicologist and confidante Dhurjati Prasad Mukerji

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