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Visakhapatnam Steel Plant Faces ₹35,000 Crore Debt, Says Steel Secretary Sandeep Poundrik

Visakhapatnam Steel Plant, under the umbrella of Rashtriya Ispat Nigam Limited (RINL), is running into a staggering liability of ₹35,000 crores of default...

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Adani Bags the Deal to Run Important Highway Stretch in Tamil Nadu

Adani Road Transport emerged as the highest bidder for managing an important four-lane, 124 km stretch of NH-38 that connects Trichy, Thuvarankurichi and...

ConstructionEditors PickNewsSteel Daily

Leverage for Primary Steel Firms to Hit Five-Year High Amid Expansion: CRISIL

The net leverage of domestic primary steelmakers is expected to rise to a five-year high of over 3x this fiscal, driven by aggressive...