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...
am/ns india
amit harlalka
arcelormittal india private ltd
arcelormittal nippon steel
board member
ceo succession
company leadership transition
corporate leadership
dilip oommen
executive appointments
finance
indian institute of management bangalore
new ceo
steel industry
steelmanufacturing
New Delhi, March 24 Jindal Steel announced on Tuesday that it has doubled the steel-making capacity of its Angul facility to 12 million tonnes per annum.With this expansion, Angul has become one of the largest single-location steel plants in India, taking Jindal Steel's overall capacity to...
New Delhi, March 23 Vedanta Group firm Hindustan Zinc Ltd announced on Monday that it has partnered with Tata Steel to expand the use of its low-carbon zinc solution, EcoZen, in steel manufacturing.The partnership highlights both companies' commitment to incorporating climate priorities into...
Ludhiana/New Delhi, March 20 Punjab Chief Minister Bhagwant Mann inaugurated Tata Steel's scrap-based electric arc furnace, which was built with an investment of nearly Rs 3,200 crore.Speaking at the event, Mann said that the state government provides a conducive environment for the industry...
carbon emissions
circular economy
green energy
india
industrial investment
ludhiana
net zero
punjab
renewable energy
scrap-based electric arc furnace
steelmanufacturingsteel production
steel recycling
sustainability
tata steel
tata tiscon
Ludhiana/New Delhi, March 20 Punjab Chief Minister Bhagwant Mann inaugurated Tata Steel's state-of-the-art scrap-based electric arc furnace, built with an investment of nearly Rs 3,200 crore, on Friday.Speaking on the occasion, Mann said the state government provides a conducive environment...
carbon emissions
circular economy
electric arc furnace
india
investment
ludhiana
net zero
punjab
renewable energy
scrap metal
steelmanufacturingsteel recycling
sustainability
tata steel
tata tiscon
New Delhi, March 14 JSW Steel will develop the Minas de Revubo¨ coking coal mine in Mozambique in phases, according to a company statement.Located in the Moatize coal basin of the Tete Province, Minas de Revubo¨ has 850 million tonnes (MT) of reserves, with the potential to yield 250 MT of...
New Delhi, March 12 The secondary steel industry has sought government intervention to address issues in the supply of industrial gases, warning that disruptions could lead to the closure of hundreds of units.India's steel industry uses Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas...
Hyderabad, March 6 – The Directorate of Enforcement (ED), Hyderabad Zonal Office, has provisionally attached immovable properties worth Rs 26.86 crore in a bank fraud case involving Sowbhagya Ispat India Pvt. Ltd. (SIIPL).The properties, attached under the provisions of the Prevention of Money...
andhra bank
bank fraud
cbi investigation
financial crimes
financial statements
fraud
hyderabad zonal office
immovable properties
loan diversion
pmla
prevention of money laundering
sowbhagya ispat india pvt ltd
steelmanufacturing
stock statements
union bank of india
New Delhi, March 2 Godawari Power and Ispat announced on Monday that the company has expanded its sponge iron capacity to 6.5 lakh tonnes, from 5.94 lakh tonnes previously.The increased capacity has been operational from February 28, after receiving approval from the Chhattisgarh Environment...
capacity expansion
chhattisgarh
chhattisgarh environment conservation board
direct reduced iron (dri)
electric arc furnaces (eaf)
godawari power and ispat
hard bright wire
induction furnaces (if)
raipur
raw materials
sponge iron
steelmanufacturingsteel production
steel wire
New Delhi, February 27 Proterial, headquartered in Tokyo, will invest approximately USD 80 million (over Rs 720 crore) to set up India's first amorphous metal manufacturing unit in Andhra Pradesh to cater to the growing demand for the commodity, a top company executive said on Friday.Amorphous...
amorphous metal
andhra pradesh
demand
electrical steel
india
investment
japan
manufacturing facility
pli scheme
power transformers
proterial
specialty steel
sri city
steelmanufacturing
transformer efficiency
Bengaluru, February 25 To support the growth of the ESDM sector, AI data center clusters of varying capacities will be developed at multiple locations across the state, including the coastal district of Dakshina Kannada, Minister M B Patil said on Wednesday.He added that a meeting with the...
artificial intelligence
cable landing stations
core manufacturing
dakshina kannada
data centers
data hubs
electronic system design and manufacturing
energy sector
industrial development
investment
it sector
karnataka
mangaluru
steelmanufacturing
university campuses
Chandigarh, February 23 Punjab Chief Minister Bhagwant Singh Mann said that Tata Steel will begin operations at its new manufacturing plant in Ludhiana from March, providing a major boost to industrial growth in the state.Mann said the project demonstrates the increasing confidence of the...
chief minister bhagwant singh mann
electric arc furnace
employment
hitech valley
india
industrial growth
investment
jamshedpur
ludhiana
manufacturing plant
punjab
steelmanufacturingsteel scrap
tata steel
New Delhi, February 14 Leading TMT manufacturer Kamdhenu has reported around 7 per cent year-on-year growth in net profit to Rs 21 crore in the December quarter, driven by increased revenue.The company had reported a net profit of Rs 12.45 crore in the October-December period of the previous...
2024-25 financial year
construction
december quarter
financial performance
franchise volumes
government initiatives
gurugram
india
kamdhenu
net profit
pbt margin
revenue growth
royalty income
steelmanufacturing
tmt steel bars
New Delhi, February 13 Jindal Stainless has partnered with the Indian Railways to manufacture stainless steel salt containers within the country.The integration of stainless steel into salt transport logistics represents a significant milestone, indicating the growing demand for...
304 stainless steel
bhimasar
bulk commodity movement
corrosion resistance
gandhidham
gujarat
indian railways
infrastructure
jindal stainless
production linked incentive
salt containers
salt transport logistics
specialty steel
stainless steelsteelmanufacturing