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Steel sector to bounce back to robust growth in 2021

New Delhi, March 30 | After a brief lull in 2020 pushed by the pandemic and the lockdown that affected all industries, the Indian...

JSW Steel completes acquisition of Bhushan Power and Steel

Mumbai, March 26 | In a much awaited development, JSW Steel has implemented the resolution plan for Bhushan Power and Steel Limited (BPSL) making...

Fossil Gen 5E packs health benefits with stainless steel feel

By Md Waquar HaiderNew Delhi, March 15 | As the premium smartwatch segment witnesses a significant rise in India, luxury watchmaker Fossil has launched...

Rise above regions, parties to save steel plant: Chiranjeevi

Hyderabad/Visakhapatnam, March 11 | Telugu film industry superstar Chiranjeevi voiced support for Visakhapatnam Steel Plant (VSP) and called on people to rise...

‘No need for privatisation of Vizag steel plant’

Amaravati, March 11 | Bharatiya Janata Party (BJP) MP and maverick politician Subramanian Swamy on Wednesday opined that privatisation of the Visakhapatnam Steel plant...

Jagan seeks early appointment with PM to salvage Vizag steel plant

Amaravati/New Delhi, March 9 | Following Union Finance Minister Nirmala Sitharaman vowing to 100 per cent privatise the Visakhapatnam Steel Plant (VSP), Andhra Pradesh...

Huge response to Andhra govt-called Vizag steel plant protest (Ld)

Visakhapatnam, March 5 | Andhra Pradesh government endorsed state-wide bandh (strike) protesting the Visakhapatnam Steel Plant's (VSP) privatization took off on Friday."The Central government...

Andhra protests Vizag steel plant privatization

Visakhapatnam, March 5 | Andhra Pradesh government endorsed state-wide bandh (strike) protesting the Visakhapatnam Steel Plant's (VSP) privatization took off on Friday."The Central government...

Vaya Life introduces Drynk Max, a range of 900 ml insulated...

CHENNAI, India, March 3, 2021 /PRNewswire/ -- With Drynk Max, Vaya Life has now added an exciting new addition to its drinkware range. Drynk Max...

Andhra Cabinet adopts resolution against steel plant privatisation

Amaravati, Feb 23 | Financial assistance to women from economically backward classes (EBCs), resolution opposing the privatisation of the Visakhapatnam Steel Plant (VSP) and...

Vizag steel privatisation grabs political centre stage in Andhra

By Sharon ThambalaVisakhapatnam, Feb 21 | The Central government's decision to privatise Visakhapatnam Steel Plant (VSP) is going to roil Andhra Pradesh for a...

YSRCP performs ‘padayatra’ in Vizag for steel plant

Visakhapatnam, Feb 20 | Yuvajana Sramika Rythu Congress Party (YSRCP) senior leader and Rajya Sabha member V. Vijayasai Reddy spearheaded a padayatra (protest...

Jagan’s 3 suggestions to PM to salvage Vizag steel plant

Visakhapatnam, Feb 17 | Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Wednesday met with labour union leaders spearheading the fight against...

Stop steel plant sale or resign, TDP supremo to Andhra CM

Visakhapatnam, Feb 17 | Telugu Desam Party (TDP) National President and opposition leader N. Chandrababu Naidu demanded Chief Minister Y.S. Jagan Mohan Reddy to...

Andhra BJP seeks reconsideration of privatising Vizag steel plant

Amaravati/New Delhi, Feb 15 | Andhra BJP president Somu Veerraju on Monday met Union Petroleum Minister Dharmendra Pradhan along with other leaders of the...

Strong demand, low inventory to support domestic steel prices: Report

New Delhi, Feb 13 | Strong domestic demand along with low finished inventory are expected to support domestic steel prices, Motilal Oswal Financial...

‘Pawan Kalyan must choose between BJP and steel plant’

Amaravati, Feb 13 | Popular Telugu film actor and Jana Sena party chief Pawan Kalyan should either choose the BJP alliance or save the...

TDP MLA resubmits resignation in correct format for steel plant

Visakhapatnam, Feb 12 | Senior Telugu Desam Party (TDP) leader and Visakhapatnam North MLA, Ganta Srinivasa Rao, on Friday resubmitted his resignation to Andhra...

YSRCP not putting pressure on Centre on Vizag steel plant: TDP

Amaravati, Feb 11 | The opposition Telugu Desam Party (TDP) on Thursday accused the ruling YSRCP in Andhra Pradesh of "playing a dubious role"...

NMDC may wait till late FY22 to demerge/disinvest its steel unit

New Delhi, Feb 11 | Country's largest iron ore producer NMDC may have to wait till the end of monsoon this year before commissioning...

JanaSena’s Pawan Kalyan in Delhi to save Vizag steel plant

Amaravati, Feb 9 | Actor-turned politician and JanaSena founder Pawan Kalyan on Monday left for New Delhi to take up the Vizag Steel Plant...

Duty cut could bring down domestic steel prices by 10%: ICRA

New Delhi, Feb 8 | Government's proposal to reduce import duty on steel products in Budget 2021-22 would make their imports more competitive and...

SSAB exits talks to buy Tata Steel’s Dutch unit

Mumbai, Jan 29 | In a setback for Tata Steel, Sweden-based SSAB has ended talks to buy the former's Netherland business, including Ijmuiden steelworks.During...

Meghalaya CM inaugurates India’s longest steel arch bridge

Shillong, Jan 22 | In a big boost to tourism and trade with Bangladesh, Meghalaya Chief Minister Conrad K. Sangma on Friday...

Bengaluru-based Hypermart Steel booked for cheating banks

New Delhi, Jan 13 | The Central Bureau of Investigation (CBI) on Wednesday said that it has registered a case against Bengaluru-based Steel Hypermart...

Price lift for steelmakers; Decadal high domestic steel prices

New Delhi, Jan 11 | Domestic steel prices defied predictions and ascended through the December quarter as three tailwinds converged -- high global prices,...

Possible govt intervention to curb high domestic steel prices: Report

New Delhi, Jan 8 | The increase in India's domestic steel consumption from 2QFY21 has led to higher cost which might invite a government...

4 workers killed due to toxic gas leak in Rourkela Steel...

Bhubaneswar, Jan 6 | At least four contractual labourers working in Rourkela Steel Plant (RSP) died and a few others fell ill after inhaling...

Nithia Capital and CarVal Investors complete acquisition of Uttam Galva and...

New Delhi, Jan 5 | Nithia Capital, a global distressed alternative asset manager and CarVal Investors, a global alternative investment manager focused on distressed...

Piping hot: India’s steel production grows as year draws to a...

New Delhi, Dec 28 | Even before the start of the new year, the Indian steel sector has regained its lost shine registering a...

China’s ban on Australian coking coal to benefit India’s steel producers:...

New Delhi, Dec 26 | The production cost of India's steel producers using the blast furnace route would remain contained in the near term...

Ban steel exports as high domestic prices harming forging industry: AIFI

New Delhi, Dec 24 | The Association Of Indian Forging Industry (AIFI) has urged the Centre to ban exports of steel and iron ore...

Tata Steel moves SC against Jharkhand’s Covid cess on minerals

New Delhi, Dec 18 | Tata Steel is learnt to have moved the Supreme Court against the Covid-19 pandemic cess imposed by the Jharkhand...

Tata Steel surges 7% as it starts talks with SSAB to...

New Delhi, Nov 17 | Shares of Tata Steel surged nearly 7 per cent on Tuesday, after the company confirmed that is has started...

Artist Vibhor Sogani exhibits steel sculpture in Dubai

By Siddhi JainNew Delhi, Nov 14 (IANSlife) Installation artist Vibhor Sogani, who is showcasing his public art installation 'Nebula', a large lustrous suspended cloud...

Tata Steel in talks with SSAB Sweden to sell its Dutch...

Mumbai, Nov 13 | Tata Steel has initiated talks with Sweden-based SSAB to sell its Netherland business, including Ijmuiden steelworks.It has also started discussions...

‘CVD on stainless steel imports from Indonesia to boost profitability’

New Delhi, Oct 31 | The imposition of countervailing duty on 'stainless steel flat' products imported from Indonesia should improve domestic sales realisation along...

Tata Steel’s overseas plants back to high utilisation: CEO

New Delhi, Oct 28 | Tata Steel has returned to 100 per cent capacity utilisation in India and its overseas plants are also getting...

NCLT approves JSW Steel arm’s bid for Asian Colour Coated Ispat

New Delhi, Oct 19 | The National Company Law Tribunal (NCLT) has approved the resolution plan of JSW Steel Coated Products Limited, a subsidiary...

Tata Steel Long Products focus on volume growth, product mix

Mumbai, Oct 18 | Tata Steel Long Products Ltd is focusing on volume growth and product mix improvement for further growth.In its investor presentation,...

Chinese demand revival cheers Indian steel sector

New Delhi, Oct 14 | Good times seems to be making a return for Indian steel makers as global demand conditions, particularly in largest...

Global steel industry outlook revised to stable on strengthening demand: Moody’s

New York, Oct 8 | The outlook for the global steel industry has been revised to stable from negative, Moody's Investors Service has...

JSPL reports 30% steel sales growth in Q2 FY21

New Delhi, Oct 6 | Jindal Steel & Power Limited (JSPL) has beaten the trend again reporting healthy growth in production and sales volume...

Amid demand revival, steel companies hike prices by Rs 2,000/T

New Delhi, Oct 5 | In a sign of economic activity gradually picking pace in the unlock phase, steel companies have increased the price...

Steel industry writes to PMO as iron ore exports to China...

By Sanjeev SharmaNew Delhi, Sep 30 | India's steel industry is seeking a ban on exports of iron ore and has petitioned the Prime...

India’s Aug crude steel output falls 4%, China logs 8% rise

New Delhi, Sep 27 | Production of crude steel in India in August declined 4.4 per cent on a year-on-year basis to 8.48 million...

NHSRCL opens bids for 28 steel bridges, 88 km viaducts for...

New Delhi, Sep 25 | Giving pace to the ambitious 508 km-long Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor project, the National High Speed Rail...

Tata Steel Mining starts operations at Sukinda chromite mine in Odisha

Bhubaneswar, Sep 21 | Tata Steel Mining Limited (TSML) on Monday commenced operations at its Sukinda chromite mine in Odisha.The groundbreaking ceremony to kickstart...

Tata Steel inks deal to pay annual bonus to employees

Kolkata, Sep 14 | The Tata Steel management and Tata Workers' Union on Monday signed a memorandum of settlement for the payment of annual...

Business

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

New Delhi, April 18 | In line with the Reserve Bank of India's (RBI) guidelines, Airtel Payments Bank on Sunday announced that it has...