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India’s Steel Exports Up 11% in October; Imports Decline 4% Amid New Standards
Indian steel exports saw an 11% sequential rise in October, reaching 0.44 million tonnes (mt), marking the first increase this fiscal year. Imports...
Hindalco Named World’s Most Sustainable Aluminium Company for 5th Year in a Row
Hindalco Industries Ltd., part of the Aditya Birla Group, has been named the world’s top sustainable aluminium company in the S&P Global Corporate...
Action Construction Equipment (ACE) Q2 Profits Surge by 28%, Bolstered by Strong Sales and Revenue
Action Construction Equipment Ltd (ACE) reported a substantial growth in its second-quarter and half-year financials for the period ending September 30, 2024. For...
Aurionpro Solutions Wins Chennai Metro Phase II AFC System Contract
Aurionpro Solutions has secured a vital contract from the Chennai Metro Rail Corporation (CMRL) to install advanced Automated Fare Collection (AFC) systems for...
Tata Steel Returns to Profit with Rs 759 Crore in Q2 FY25; Revenue Declines Due to Import Pressures
Tata Steel Ltd. reported a consolidated net profit of Rs 759 crore for Q2 FY25, reversing the previous year’s loss of Rs 6,511...
Jindal Steel and Power Ltd Reports 38% Drop in Q2 Profit to Rs 860 Crore Amid Revenue Decline, Expands Production Capacity
Jindal Steel and Power Ltd (JSPL) reported a 38% decline in its consolidated net profit for the September quarter, registering Rs 860 crore,...
Tamil Nadu Revives Perungalathur Flyover Eight-Lane Project with Rs 12.8 Crore Allocation
The Tamil Nadu government has allocated Rs 12.8 crore to resume the eight-lane expansion project on the Perungalathur flyover. Under the Chennai Metropolitan...
Blackstone Eyes Hospitality Acquisitions with Chennai Hilton, Bengaluru Marriott in Focus
Global asset manager Blackstone is actively exploring acquisitions in India’s hospitality sector, targeting high-profile properties like the Chennai Hilton and an under-construction Marriott...
