NITCO Limited said it has inked its first annual tie-up with Hindustan Associates following its restructuring process and capital-raising initiatives by securing Rs 50 crore order from Hindustan Associates. The agreement is structured to deliver approximately Rs 4 crore worth […]
NITCO secures Rs 50 cr order from Hindustan Associates Read More »
Tata Steel India reported a 6% growth Y-o-Y and 8% growth Q-o-Q in crude steel production at 5.68 million tons (provisional) in October-December of FY25 aided by the commissioning of the 5 MTPA blast furnace at Kalinganagar in September. Production
Tata Steel India crude steel production up 6% in Q3FY2025 Read More »
Home solutions provider HomeTown today announced its expansion into key markets across the country. “With five new stores slated to open in Pune, Nagpur, Noida, Surat, and two additional locations in South and East of Kolkata, HomeTown is setting a
HomeTown to open 5 new stores across India Read More »
Digital construction and building material procurement platform McCoy Mart said it has expanded its services into Lucknow and surrounding areas, including Kanpur, Ayodhya, Varanasi, Raebareli, Sitapur, and Hardoi. “With the Northern region witnessing remarkable growth, Lucknow has emerged as a
McCoy Mart expands footprint to Lucknow & surrounding areas Read More »
The Government said it is preparing ‘Green Steel Mission’ with an estimated cost of Rs 15000 crore for helping the Steel Industry to reduce carbon emission and progress towards the Net Zero Target. “The Mission includes PLI Scheme for Green
Rs 15000 cr Green Steel Mission to reduce carbon emission: Govt. Read More »
The board of directors of UltraTech Cement has approved the proposal to acquire 8.69% in Star Cement for Rs 851 crore. “The Board of Directors of the Company at its meeting held today considered the proposal and approved making an
UltraTech Cement to acquire 8.69% in Star Cement for Rs 851 cr Read More »
Interarch Building Products said it has inked a strategic partnership with Jindal Steel & Power for promoting the use of steel as the preferred material for multi-story buildings, data centers, and heavy structures. “The two companies aim to drive innovation
Interarch Building Products, JSPL tie-up for promoting use of steel in construction Read More »
The capacity utilisation of domestic steel industry may fall to 4-year low, below 80%, in FY25 on the fear of cheap imports eating into the market share, said rating agency ICRA. “Fresh upcoming capacity addition plan of 90-95 million tonne
Capacity utilisation of domestic steel industry may fall to 4-year low in FY25: ICRA Read More »
The Competition Commission of India approved the UltraTech Cement Limited’s acquisition of The India Cements Limited. “The Proposed Combination envisages UltraTech Cement Limited’s acquisition of 32.72% of the paid-up equity share capital of The India Cements Limited from the promoters
CCI approves UltraTech Cement’s acquisition of India Cements Read More »
The Government said it has achieved 56% of the crude steel production target of 255 million tonnes by 2030-31 under the National Steel Policy (2017) The government, under NSP 2017, had set the total crude steel production target at 255
56% crude steel production target achieved under NSP-2017 Read More »
