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Finolex Industries Q1 FY27 Profit Rises 10% to ₹107 Crore Despite Revenue Decline

Finolex Industries reported a 10% increase in Q1 FY27 net profit to ₹107 crore despite a 15% decline in revenue to ₹883 crore,...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Shyam Metalics Reports Strong July Performance as Stainless Steel Sales Rise 13%, Pellet Dispatches Surge 88%

Shyam Metalics & Energy reported strong operational performance in July 2026, with stainless steel sales rising nearly 13% and pellet dispatches surging 88%...

IndiaIndustrialMarket UpdatesNewsResultsSteel Daily

Vedanta Iron And Steel Returns to Profit in Q1 FY27 as Revenue Climbs 18% to ₹3,662 Crore

Vedanta Iron And Steel Limited reported a strong turnaround in the first quarter of FY2026-27, posting a consolidated net profit of ₹121 crore...

IndiaIndustrialMetalNewsSteel Daily

SAIL, Krakatau Steel plan $350 million stainless steel slab plant in Indonesia

India's state-owned Steel Authority of India Limited (SAIL) and Indonesia's Krakatau Steel are planning to jointly invest up to $350 million in a...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Vedanta Invites Global Suppliers for Aluminium Busbar Project Under USD 20 Billion Expansion Plan

Vedanta Group has invited experienced aluminium manufacturers and fabricators to partner in supplying and fabricating 200,000 MT of aluminium busbars for its USD...

IndiaIndustrialInvestmentNewsSteel Daily

Government’s Specialty Steel PLI Scheme Attracts ₹23,896 Crore Investment, Creates Over 14,000 Jobs

India's Production Linked Incentive (PLI) Scheme for Specialty Steel has attracted ₹23,896 crore in investments and generated 14,138 jobs as of March 2026,...

IndiaIndustrialInvestmentMetalNewsSteel Daily

JSW Steel Approves ₹33,000 Crore Capex to Accelerate Vijayanagar Expansion, Total Investment Pipeline Reaches ₹1.31 Lakh Crore

JSW Steel has approved fresh capital expenditure of over ₹33,000 crore during the first quarter of FY27, with a major focus on expanding...

IndiaIndustrialInvestmentMetalNewsSteel Daily

Tata Steel to Invest ₹10,000 Crore in Jharkhand Projects by 2028, Create 2,000 Jobs

Tata Steel will invest ₹10,000 crore in Jharkhand by 2028 to expand steel production capacity and deploy low-emission technologies. The investment is expected...

BengaluruIndiaIndustrialNews

Exide Industries to Invest ₹1,400 Crore in Bengaluru Lithium-Ion Cell Plant During FY27

Exide Industries will invest ₹1,400 crore during FY27 in the first phase of its Bengaluru lithium-ion cell manufacturing plant, with commercial revenue expected...

News

Andhra Pradesh Approves ₹1,250 Crore NAN MagneTech Rare Earth Magnet Plant in Nellore

Andhra Pradesh has approved a customised incentive package for NAN MagneTech's ₹1,250 crore rare earth permanent magnet manufacturing facility in Nellore, a project...