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UltraTech overcomes fuel cost shock to beat Q1 revenue, profit estimates

Mumbai, July 20 -- UltraTech Cement Ltd weathered one of the sharpest fuel cost shocks in recent years to post a better-than-expected April-June quarter, beating analyst estimates on both revenue and ... Read More


Nuvoco looks beyond East with Gujarat expansion

Mumbai, July 20 -- Nuvoco Vistas Corp. Ltd's strategy to reduce dependence on eastern India by expanding in the North and West is beginning to take shape, with it now looking to deepen its presence in... Read More


JSW Steel sees West Asia reconstruction opportunity, warns of steel import diversion

New Delhi, July 19 -- JSW Steel Ltd expects reconstruction across West Asia after the ongoing war to create fresh steel demand, even as it warned that surplus exports from China, Japan and Russia coul... Read More


JSW Steel Q1 profit, revenue beat estimates on higher prices, strong demand

New Delhi, July 17 -- JSW Steel, India's largest steelmaker by capacity, more than doubled its June-quarter profit and beat analyst expectations as higher steel prices and strong domestic demand boost... Read More


Adani, Reliance, Birla, Vedanta, Jindal among suitors for Odisha's prized Karlapat bauxite block

Mumbai, July 17 -- Billionaires Gautam Adani, Mukesh Ambani, Kumar Mangalam Birla, Naveen Jindal and Anil Agarwal are among the industrialists eyeing Odisha's Karlapat bauxite block, one of India's la... Read More


Shrinking fleet, rising delays: SpiceJet lags far behind rivals as cash crunch bites

Mumbai, July 15 -- One out of every seven SpiceJet flights was delayed by more than two hours in May, as the budget carrier struggles with a thin fleet and a cash crunch. SpiceJet's performance was t... Read More


Finished steel imports jump nearly 50%, keeping India a net importer in Q1FY27

MUMBAI, July 12 -- India remained a net importer of finished steel in the first quarter of FY27, underscoring how strong domestic demand and export-oriented manufacturing continue to drive overseas pu... Read More


JSW Dulux to repopularise Dulux brand acquired from Akzo Nobel, steel network for growth

Mumbai, July 10 -- JSW Dulux plans to repopularise the Dulux brand of paints it acquired from Akzo Nobel India and leverage the group's steel business to drive growth and achieve its goal of becoming ... Read More


Tata Steel Netherlands summoned by Dutch prosecutors over pollution violations

New Delhi, July 8 -- Dutch public prosecutors have summoned executives of Tata Steel's Netherlands arm over a case of "intentional and unlawful" pollution, nearly four years after the country first st... Read More


JSW Steel kicks off Rs.16,350 crore low-carbon steel project in Andhra Pradesh

Mumbai, July 3 -- JSW Steel Ltd has broken ground on a new steel plant in Andhra Pradesh, launching a Rs.16,350-crore investment that the company says will expand domestic steelmaking capacity while a... Read More