Market Updates
SAIL Eyes ₹36,000 Cr IISCO Expansion by FY27, Faces Tender and Debt Challenges
Steel Authority of India Ltd (SAIL) is pursuing the ambitious expansion of its IISCO Steel Plant at an estimated cost of ₹36,000 crore...
Casagrand Enters UAE Market, Launches First Project in Dubai Islands
The real estate major, Casagrand, made its debut in foreign lands as it entered the UAE with a grand plan for developing residential...
L&T Secures Up to ₹5,000 Cr Worth Orders in Buildings & Factories Across India and Oman
Larsen & Toubro’s (L&T) Buildings & Factories (B&F) vertical has received major orders ranging between ₹2,500 crore and ₹5,000 crore in three key...
JSW Cement to Trim IPO Size to $415 Million; Targets Early August Launch at $2.3 Billion Valuation
The JSW Cement IPO, which is among the most sought-after by investors, is expected to open to the market in early August, probably...
JK Lakshmi, Chettinad Cement in Race to Acquire Deccan Cements Amid AP Infra Boom
According to sources quoted by The Economic Times, talks are at an advanced stage between JK Lakshmi Cement and Chettinad Cement in acquiring...
JSW Warns Against Cheap Steel Imports as Chinese Shipments Spike
India should be on its toes regarding a possible influx of cheap steel imports, especially from China, says JSW Steel joint MD Jayant...
Mumbai Luxury Housing Hits Rs 14,750 Cr in H1 2025, Setting All-Time Record
It has been confirmed by a report from India Sotheby’s International Realty and CRE Matrix that Mumbai’s luxury housing market has made its...
Somany Ceramics Acquires Durabuild, Enters ₹30,000 Cr Construction Chemicals Market
Somany Ceramics recently made a majority stake acquisition in Delhi-based Durabuild Technologies, thereby marking its entry into the fast-growing Indian construction chemicals sector....
China’s Mega Dam Sparks Steel Price Surge and India’s Security Fears
The world’s largest hydropower dam-in-the-making from China has been spurred onto a tumultuous ride over iron ore and steel prices by announcing the...
NCLT Clears Merger of Adani Cementation with Ambuja Cements, Effective from April 2024
Sanction has been granted by the National Company Law Tribunal against a historical merger scheme for the Adani Group toward the consolidation of...
