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Dalmia Cement Gains Major Relief as Tamil Nadu Drops Tax Demand

Tamil Nadu tax authorities have withdrawn tax and penalty demands totalling Rs 266.3 crore against Dalmia Cement, offering significant relief after detailed scrutiny...

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Asian Paints Q2 Profit Surges 43% to Rs 994 Crore, Declares Rs 4.5 Interim Dividend

Asian Paints posted a 43% surge in Q2FY26 net profit to Rs 994 crore, driven by strong decorative, automotive, and industrial paint sales,...

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Steel makers urge government to tighten curbs on rising imports from China, Korea, and Russia

Indian steel producers have urged the government to impose stronger import restrictions as rising shipments from China, Korea, and Russia threaten domestic production...

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JSW One Platforms Secures Rs 575 Crore Funding to Accelerate MSME-Focused Growth

JSW One Platforms has raised Rs 575 crore from investors including SBI and JSW Steel to accelerate MSME growth, strengthen its NBFC arm,...

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Herrenknecht Expands Chennai Operations with New TBM Manufacturing Plant in Kannigaipair

Germany-based Herrenknecht is expanding its presence in India with a new tunnel boring machine (TBM) manufacturing plant at Kannigaipair, North Chennai. Acquired for...

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JSW Steel Hits Record High as Metal Stocks Surge Amid Strong Demand

Metal stocks are witnessing a strong rally on Dalal Street, with JSW Steel hitting an all-time high of ₹1,072 per share. The stock...

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Foxconn Completes $230 Million Dormitory Facility for Workers at Tamil Nadu iPhone Plant

Foxconn has indeed confirmed a $230 million housing project for the Tamil Nadu iPhone factory workers, which has been completed. With an investment...

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CCI clears Jsquare Electrical Steel acquisition of Thyssenkrupp Electrical Steel

The Competition Commission of India (CII) has cleared the acquisition of Thyssenkrupp Electrical Steel India Private Limited, also known as Thyssenkrupp India, by...

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ISSDA Advocates for Separate Stainless Steel Policy to Boost India’s Industry

The Indian Stainless Steel Development Association (ISSDA) is calling for a dedicated policy to support India’s stainless steel sector. Currently, the industry is...

Steel Daily

Jindal Stainless Acquires Full Stake in Chromeni Steel

India’s Jindal Stainless Limited (JSL) has completed the acquisition of the remaining 46 percent equity stake in Chromeni Steel Private Limited (CSPL), the...