According to a press release by the Ministry of Defence, the MoU aims to ensure the supply of indigenous marine-grade steel, thereby enhancing the indigenous content in shipbuilding projects undertaken by the Indian Coast Guard.
Among the Nifty companies, 29 were advancing while 21 were declining. Hindustan Unilever, Britannia, BPCL, ITC, and Coal India led the gains, while Bajaj-Auto, Power Grid, Cipla, Divi's Lab, and JSW Steel were the top decliners.
Sensex gained 178.02 points, opening at 74,064.96, while Nifty rose by 49.35 points, starting the day at 22,523.30. Among the Nifty companies, 31 advanced while 19 declined in the opening session. Leading the gains were Britannia, Kotak Bank, JSW Steel, Maruti, and TCS, whereas Titan, SBI
Ahmedabad (Gujarat) [India], May 3: The initial public offering of Ahmedabad-based Sai Swami Metals & Alloys Ltd, makers of DOLPHIN Brand stainless Steel Cookware & appliances and a wide range of stainless steel products received an overwhelming response for its Rs. 15 crore SME IPO
New Delhi [India], May 3: India is one of the key countries in the development of hydrogen energy. The country is expected to produce at least 5 million tonnes of pure hydrogen per year by 2030 and at least 25 million tonnes by 2050 will be required to fuel transport, steel and ammonia produ
Jindal Stainless has announced an investment of totalling nearly Rs 5,400 crores to increase its melting and downstream capacities to increase the stainless steel production of the company.
The Competition Commission of India (CCI) has approved Sanyo Special Steel Co. Ltd.'s acquisition of a 15.43 per cent shareholding in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co. Ltd.
Mumbai (Maharashtra) [India], April 30: Krishca Strapping Solutions Limited, a leading provider of comprehensive packaging solutions in the steel industry and a distinguished manufacturer and exporter of high tensile steel strapping, is pleased to announce its successful acquisition of a con
Mumbai (Maharashtra) [India], April 30: Sai Swami Metals and Alloys Limited, one of the leading players in trading and marketing of a comprehensive array of stainless-steel products, has announced its plan to go public with an Initial Public Offering (IPO) on April 30, 2024. The company is a
New Delhi [India], April 30: Maiden Forgings Limited, based out of Delhi, NCR is aggressively marketing its products in domestic and international markets. It has been a conventional manufacturing business in the steel and engineering sector, but since one year post its listing with BSE SME,