Industrial
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...
Magicpin’s Logistics Arm ‘MagicFleet’ Hits 1 Million Monthly Deliveries, Eyes Doubling by FY26
In less than a year since its launch, MagicFleet, the logistics arm of local discovery and commerce platform Magicpin, has crossed a major...
Amazon to Invest ₹2,000 Crore in India to Boost Warehousing, Delivery and Worker Welfare
Retail giant supports infrastructure, safety, and staff wellbeing as the industry targets a $325 billion market size in 2030 Amazon is growing its...
India’s Steel Imports Expected to Halve in FY26 After Safeguard Duty
India’s steel imports could fall by 50% in FY 2025-26 following the imposition of a 12% safeguard duty, said Steel Ministry Secretary Sandeep...
Asian Paints Unveils ‘Apcolite All Protek’ with Self-Cleaning, Flame-Retardant Tech
Asian Paints has rolled out a new interior emulsion, Apcolite All Protek, aimed at raising the bar in premium wall coatings with its...
Early Monsoon, Weak H1 Cast Shadow on Cement Demand Outlook: Ind-Ra
India’s cement sector may face headwinds in June due to the early onset of monsoon, according to a fresh report by India Ratings...
