Monday , 16 March 2026

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IMR Group to Invest ₹300 Crore in Steel Exchange India to Strengthen Supply Chain and Growth

Steel Exchange India plans to raise ₹350 crore through a preferential issue, with Switzerland-based IMR Group committing ₹300 crore to support operations, optimise...

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Green Steel Mandate Could Unlock 16 Million Tonnes Supply by FY30: CII

A proposed green steel mandate in India’s public procurement could unlock up to 16 million tonnes of certified low carbon steel supply by...

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RINL Returns to Cash Profit as Operational Revival Gains Momentum

Rashtriya Ispat Nigam Limited reports a return to cash profitability as production stabilises and blast furnaces resume operations at the Visakhapatnam Steel Plant.

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Tata Steel to Invest Rs 11000 Crore in Jharkhand for Advanced Green Steel and Hydrogen Mobility

Tata Steel has announced a major investment of Rs 11000 crore in Jharkhand to develop advanced grade green steel at its Jamshedpur facility,...

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Japan and South Korea Raise Concerns Over Steel Shipment Delays in India

Japan and South Korea have flagged regulatory delays impacting steel exports to India, citing quality control norms and safeguard duties, while Indian officials...

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Construction Equipment Financing Key to India’s Infrastructure Growth, Says Kumaraswamy

Union Minister H D Kumaraswamy highlights the importance of a resilient construction equipment financing ecosystem to accelerate infrastructure expansion, manufacturing growth and India’s...

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PM Modi to Lay Foundation for Rs 60,000 Crore ArcelorMittal Steel Plant in Andhra Pradesh

Prime Minister Narendra Modi is set to lay the foundation for ArcelorMittal’s Rs 60,000 crore greenfield steel plant in Andhra Pradesh, a landmark...

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Mindspace REIT Pre-Leases 5.3 Lakh Sq Ft to Chalet for Luxury Hotel

Mindspace Business Parks REIT has pre-leased 5.3 lakh sq ft at its Madhapur campus in Hyderabad to Chalet Hotels for a Rs 350...

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TMT Steel Price Surge Puts Pressure on Construction Sector Margins

A 20 percent rise in TMT steel prices in Coimbatore has pushed construction costs higher, prompting builders to revise estimates and caution against...

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Core Sector Output Rises 4 Percent in January as Growth Momentum Moderates

India’s core sector output increased 4 percent year on year in January 2026, easing from December’s pace, with steel and cement leading growth...