Industrial
UltraTech Cement Adds 1.8 MTPA Capacity with New Maihar Mill, Total Now at 192 MTPA
Augmenting its colossal grey cement capacity, but almost 1.8 million tonnes per annum (MTPA) of its domestic grey cement brings to focus UltraTech...
JSW Paints Nears Final Deal to Acquire AkzoNobel India Stake, Eyes Dulux Brand Boost
JSW Paints, headed by Parth Jindal, is about to clinch a landmark deal to acquire a majority stake in AkzoNobel India from its...
Western Carriers Secures ₹558 Cr Pan-India Logistics Deal from Jindal Stainless
Western Carriers India Ltd (WCIL), a multi-modal logistics company, won a huge contract worth ₹558 crore from Jindal Stainless Ltd (JSL) to move...
Tata Steel Faces ₹890 Cr GST Notice for Alleged Tax Credit Irregularities
Tata Steel has received a demand-cum-show cause notice from the Central Goods and Services Tax (CGST) and Central Excise Department, Jamshedpur, which is...
India’s Core Sector Growth Slows to 9-Month Low at 0.7% in May
It was first reported by the Commerce Ministry on Tuesday; that India’s eight core infrastructure sectors grew only by 0.7% in May, which...
Indian Steel PSUs Tap Global Markets, Eye 300 MT Output by 2030
In a strategic move to secure raw materials and boost India’s steel production, three major public sector undertakings SAIL, NMDC, and MECON are...
Nuvoco Vistas Acquires Vadraj Cement for ₹1,800 Cr, Expands Capacity by 20%
Nuvoco Vistas Corp, the cement arm of the Nirma Group, has completed the ₹1,800 crore acquisition of Vadraj Cement, a debt-laden Gujarat-based company...
Steel Industry Faces Turbulence After Sudden Quality Order Extension
India’s steel industry is headed for a storm after the Ministry of Steel suddenly extended the Quality Control Order (QCO) to extend into...
Sipcot Revives Defunct Industrial Land to Power Tamil Nadu’s Growth
In a strategic move to boost industrial development without large-scale land acquisition, Sipcot is repurposing defunct brownfield units across Tamil Nadu to house...
Govt Proposes Global Benchmarking of Iron Ore Prices to Curb Underreporting
In a move aimed at tightening pricing transparency and boosting state revenues, the Ministry of Mines has proposed benchmarking domestic iron ore prices...
