Indian Manufacturing
JSW Steel Q2 FY26 Net Profit Surges 270% to ₹1,623 Crore on Record Production and Strong Exports
JSW Steel reported a Q2 FY26 net profit of ₹1,623 crore, up 270% YoY, driven by record 7.90 million tonnes steel production, strong...
Steel Quality Control Order Unfair to MSMEs, Distorts Market: GTRI
The recently issued Quality Control Order (QCO) on steel imports is unfairly hitting India’s micro, small and medium enterprises (MSMEs) while creating room...
JSW Steel Urges Higher Import Safeguard Duty as Steel Influx Rises
JSW Steel has called for stronger import safeguards to protect India’s steel industry from a fresh wave of cheap overseas supplies. Jayant Acharya,...
JSW Steel Acquires Odisha-Based Saffron Resources for ₹679 Crore in Expansion Push
JSW Steel Ltd has acquired a 100% equity stake in Saffron Resources Pvt Ltd for ₹679.34 crore, which the company intends to use...
JSW Steel Posts Strong Q1 FY26 Results, Stays Wary Amid Import Threats
For the FY26 first quarter, JSW Steel produced a fine set of numbers with net profit at ₹2,209 crore-more than double from ₹867...
Steel Ministry Forms Task Force to Fast-Track $3.45 Billion Rourkela Plant Expansion
The Ministry of Steel is forming a high-level committee to monitor and resolve implementation hurdles to Steel Authority of India Ltd’s (SAIL) Rourkela...
JSW Paints Nears Final Deal to Acquire AkzoNobel India Stake, Eyes Dulux Brand Boost
JSW Paints, headed by Parth Jindal, is about to clinch a landmark deal to acquire a majority stake in AkzoNobel India from its...
Steel Industry Faces Turbulence After Sudden Quality Order Extension
India’s steel industry is headed for a storm after the Ministry of Steel suddenly extended the Quality Control Order (QCO) to extend into...
India’s Steel Imports Expected to Halve in FY26 After Safeguard Duty
India’s steel imports could fall by 50% in FY 2025-26 following the imposition of a 12% safeguard duty, said Steel Ministry Secretary Sandeep...
RINL to Restart Third Blast Furnace by June-End, Boosting Steel Output
State-owned steel producer Rashtriya Ispat Nigam Limited (RINL) will restart its third blast furnace (BF) by the end of June, a crucial phase...
