Indian metal and mining companies are emerging as a bright spot in a global market that is struggling with stagnant commodity volumes, according to a report by Jefferies.
The approved projects are worth Rs 44,793.03 crore and thereby is expected to generate employment opportunities for 23,005 people. These projects are spanned across sectors such as refinery and petrochemicals, green energy equipment, biotechnology, steel, and chemicals.
Mumbai (Maharashtra) [India], January 6: NewMalayalam Steel Limited (NSE: NMSTEEL), specializes in galvanized pipes, tubes, sheets has announced securing multiple orders for the supply of its high-quality steel products from domestic entities in last 7 days.
"To contribute towards environmental purification and preservation, we are dispatching 31,000 cloth bags and 16,000 steel plates. Proper rituals and puja archana were performed before sending off the vehicle with the tune of Ram Naam."
Union Minister of Steel and Heavy Industries H D Kumaraswamy will launch 'PLI scheme 1.1' for the steel industry, the Ministry of Steel said in a release on Sunday.
US President Joe Biden has blocked Japan's Nippon Steel from acquiring US Steel in a USD 14.3 billion deal, citing national security concerns. The decision, supported by the United Steelworkers union, reflects apprehensions about foreign control over a critical industry but faces criticism f
Jamshedpur (Jharkhand) [India], January 2: Students from Jamshedpur schools have come together to launch a first-of-its-kind book - Swachhta Samvaad, focused on cleanliness, hygiene, and waste management. The initiative, led by TATA Steel UISL in partnership with Potli Productions aligns wit
The broad market showed a mixed performance, with 37 stocks advancing and 13 declining from the Nifty 50 index.
Among the top gainers were Maruti, M&M, LT, Bajaj Finance, and Tata Motors, which saw strong upward movements, while Hindalco, Dr Reddy's, Adani Ports, ONGC, and Tata Steel st
In a major step toward revitalising the Rashtriya Ispat Nigam Limited (RINL), Union Minister of Steel HD Kumaraswamy held discussions with the Prime Minister's Office (PMO) to outline a comprehensive strategy for the steel plant's revival, according to a press statement.
India's Index of Eight Core Industries (ICI) rose by 4.3 percent (provisional) in November 2024 compared to the same month in 2023, according to the data released by Ministry of Commerce & Industry on Tuesday.
Haryana Steelers' camp roared in celebration on Sunday at the Shree Shiv Chhatrapati Sports Complex in Balewadi, Pune, after scripting a memorable 32-23 win in the Pro Kabaddi League (PKL) season 11 Final against Patna Pirates.