Industrial
Adani’s Ambuja Cement Powers 30% of India’s Homes, Eyes 140 MTPA by FY28
Flagship cement business of Adani Group, Ambuja Cements, now supplies almost 30% of the cement utilized for housing and infrastructure in India, as...
German Automation Giant Festo Opens ₹500-Cr Manufacturing Plant in Hosur, Plans 1,000+ Jobs
German industrial automation major Festo has inaugurated a cutting-edge manufacturing facility in Hosur with an investment of ₹500 crore, marking a major step...
Ramco Cements Eyes Turnaround as Cement Cycle Shows Early Signs of Revival
After nearly a decade of stagnant cement prices and eroding margins, Ramco Cements may be on the brink of a long-awaited cyclical upswing,...
Welspun Corp Hits 52-Week High on Repeat Middle East Order and Rs 19,553-Cr Order Book
Shares of Welspun Corp Limited soared 6.8% on Thursday, hitting a fresh 52-week high of ₹973 on the BSE, buoyed by a major...
AM/NS India Launches High-Performance Colour-Coated Steel Products, Eyes 25% Market Share
ArcelorMittal Nippon Steel India (AM/NS India) launched two high-performance colour-coated steel products Optigal Prime and Optigal Pinnacle with a grand entry in the...
MOIL Cuts Manganese Ore Prices Across the Board for June
India’s public sector manganese ore producing company MOIL Limited has reduced prices for all grades for June exports, the company stated on Monday....
Govt May Double Safeguard Duty on Steel to 24% Amid China Dumping Fears
The government is mulling a doubling of the safeguard duty on steel imports from the existing 12% to up to 24%, aimed at...
Shree Cement Hit with ₹588 Crore Tax Demand for FY22, Says No Major Impact Expected
Shree Cement Ltd, India’s leading cement manufacturer, has been served an income tax demand of ₹588.65 crore for the fiscal year 2021–22. The...
Panattoni Grows in India with 25-Acre Industrial Park near Hosur
Panattoni, the international industrial real estate developer, announced the opening of its second Indian project, Panattoni Park, Hosur I, a 25-acre industrial and...
Welspun Corp Q4 Profit Rises 160%, Amid Revenue Decline
Welspun Corp, the largest Indian producer of specialty steel pipes and tubes, has reported a steep 160% increase in consolidated net profit in...
