steel industry

New Delhi, March 30 JSW Steel, led by Sajjan Jindal, announced on Monday that Japan's JFE Steel Corporation has invested ₹7,875 crore to acquire a 25 per cent stake in JSW Kalinga Steel Ltd.The investment is the first tranche of JFE's planned stake in JSW Kalinga, with 2,26,94,524 equity...

New Delhi, March 28 Government recruitment agency PESB has recommended Ashok Kumar Panda, Director (Finance) of SAIL, for the top position at India's largest public sector steel-making entity.Panda was among the 10 shortlisted candidates interviewed for the post of Chairman and Managing...

Tensions remain high in West Asia as Israel intensified strikes on Iran's key steel, power, and nuclear facilities last night, further escalating the ongoing conflict. Tehran has condemned the attacks, saying they undermine diplomatic efforts and contradict the extended deadline for...

New Delhi, March 27 A parliamentary panel has asked SAIL to strengthen its sales and take steps to improve revenue realisation and market competitiveness, as certain advanced and special steel grades remain outside its portfolio.The report titled 'Organisational Structure and Performance of...

March 27, New Delhi — In a major relief measure for industries, the Ministry of Petroleum and Natural Gas has increased the allocation of non-domestic commercial LPG to 70% of pre-crisis levels.In a letter sent today to all State and Union Territory Chief Secretaries, Dr. Neeraj Mittal...

New Delhi, March 27 The central government has increased commercial LPG allocations to states by 20 per cent, bringing the quota to 70 per cent of pre-war demand to meet industrial requirements, including steel and automobiles.In a letter to state chief secretaries, Oil Secretary Neeraj Mittal...

New Delhi, March 26 ArcelorMittal Nippon Steel (AM/NS) India announced on Thursday that CEO Dilip Oommen will retire on June 30 after 22 years with the company, including seven years as CEO.Oommen, 68, will remain involved as a board member of AM/NS India and take on the role of Vice-Chairman...

New Delhi, March 26 ArcelorMittal Nippon Steel (AM/NS) India announced on Thursday that CEO Dilip Oommen will retire on June 30 after 22 years with the company, including seven years as CEO.Oommen, 68, will remain involved as a board member of AM/NS India and take on the role of Vice-Chairman...

New Delhi, March 24 – Jindal Stainless announced on Tuesday the commissioning of a 1.2 million tonnes stainless steel melting shop (SMS) in Indonesia, as part of its ongoing ₹5,700 crore expansion plan.With this development, the company said its annual melting capacity has increased to 4.2...

Visakhapatnam, March 23 – Prime Minister Narendra Modi on Monday hailed ArcelorMittal Nippon Steel (AMNS) India’s mega integrated steel plant as a major milestone in Andhra Pradesh’s development journey and said it would create opportunities for young people and position the state as a hub of...

Amaravati, March 23 Prime Minister Narendra Modi on Monday described the Rs 1.35 lakh crore ArcelorMittal Nippon Steel India (AM/NS India) project as a world-class integrated steel plant that will further strengthen India's steelmaking capabilities.Andhra Pradesh Chief Minister N Chandrababu...

New Delhi, March 23 Only God can save Karnataka the way it is being governed by the Congress government, former Prime Minister HD Devegowda said on Monday, as he urged Prime Minister Narendra Modi to do something for the revival of industry in the state.Participating in the discussion on the...

New Delhi, March 23 Former Prime Minister HD Deve Gowda urged the Modi government on Monday to "do something" to revive industries in Karnataka, as the state's situation is dire.Participating in the discussion on the Appropriation Bill (No. 2) in the Rajya Sabha, the Janata Dal (Secular)...

Rajayyapeta (Andhra Pradesh), March 23 Andhra Pradesh Chief Minister N Chandrababu Naidu laid the foundation stone for the Rs 1.36 lakh-crore ArcelorMittal Nippon Steel India steel plant here in the Nakkapalli mandal of the Anakapalli district on Monday.With a capacity of 17.8 million tons per...

Asansol, March 20 – In West Bengal's Paschim Bardhaman district, coal extraction from Raniganj, which has been ongoing for centuries, fueled the region's growth, and later transformed Asansol–Durgapur into a hub for heavy industry and rail-linked manufacturing.Today, the area is home to...

New Delhi, March 19 A subsidiary of Coal India, BCCL, announced on Thursday that it had achieved a record single-day booking of approximately 2.37 lakh tonnes of coal under its special discount scheme, aimed at clearing existing stockpiles.Under the scheme, discounts ranging from ₹100 to ₹600...

New Delhi, March 19 Tata Group Chairman Natarajan Chandrasekaran has been awarded an honorary knighthood by the British government in recognition of his significant contribution to strengthening business relations between India and the UK.He was presented with the 'Knight Commander of the Most...

Bhubaneswar, March 18 In a significant development, the Odisha government on Tuesday approved 23 industrial projects with a total investment of Rs 4,510.65 crore.These projects were approved at the 145th meeting of the State Level Single Window Clearance Authority (SLSWCA), held here under the...

Chandigarh, March 17 The Haryana government will soon introduce a green hydrogen policy to promote clean energy in the state, officials said on Tuesday.Alongside, India's first mega Green Hydrogen project with a capacity of 10,000 tonnes per annum (TPA) is being established at Panipat under a...

New Delhi, March 17 Sunkonnect, a renewable energy management consulting firm, said on Tuesday that it aims to eliminate up to 200 million tonnes of CO₂ emissions in India by 2030.The initiative aligns with and contributes to 20 per cent of the government's target, making Sunkonnect a...