Market Updates
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...
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,...
Chennai Rents Skyrocket, Push Tenants to City’s Edges
Chennai’s rental market is heating up fast and it’s not just central areas feeling the pressure. From T Nagar to Tambaram, soaring rents...
Trump Doubles US Tariffs on Steel and Aluminum to 50% in Aggressive Trade Push
The U.S. will double its duties on steel and aluminum imports to 50% beginning Wednesday, President Donald Trump directed, ramping up his administration’s...
Pepperfry Secures ₹43.3 Cr from Existing Investors to Drive Growth
Omnichannel furniture marketplace Pepperfry has raised ₹43.3 crore (approx. $5.1 million) in a fresh funding round from existing backers including General Electric Pension...
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...
Godrej Properties Enters Pune’s Kharadi-Wagholi Belt with ₹4,200 Cr Housing Project
In a strong push to its expansion strategy, Godrej Properties has acquired a 14-acre land tract in the high-patronizing Kharadi-Wagholi micro-market of Pune....
Cement Prices Rise in June, Led by Sharp Hike in South India
India’s cement prices are seeing mixed trends in June 2025, with a sharp rise in the South pushing up the national average despite...
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...
