Industrial
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...
Andhra Pradesh to Set Up 10 Mega Industrial Parks Along Key Corridors
The Andhra Pradesh government is going ahead with the plan to enhance industrial growth by establishing 10 large industrial parks along major economic...
RINL to Monetise ₹200 Cr in Land Assets in FY26 Amid Financial Strain
In a continued effort to stay afloat amid mounting financial pressure, state-run steelmaker Rashtriya Ispat Nigam Ltd (RINL) has identified non-core land parcels...
Auto Sector Braces for Profit Squeeze as 12% Steel Duty Kicks In
India’s move to impose a 12% safeguard duty on select steel imports is set to dent the auto sector’s profitability in FY26, with...
Centre Tightens Steel Procurement Norms with New ‘Melt and Pour’ Rule for Government Projects
In a firm thrust towards developing indigenous manufacturing and cutting back on the reliance on imported components, the Central government has issued a...
JCB Hails Landmark UK–India Free Trade Agreement as Gateway to Major Business Growth
UK digger manufacturer JCB has welcomed warmly the news of the UK–India Free Trade Agreement (FTA), calling it a landmark moment in trade...
Birla Nu Sees 80% Volume Surge in Q4; Eyes Growth Through Innovation and Expansion
Riding high on a sharp focus on growth segments and capacity expansion, C.K. Birla Group company Birla Nu posted a remarkable 80% jump...
