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India remains net steel importer for fifth straight month in August

New Delhi, Sept. 18 -- India remained a net importer of finished steel for the fifth straight month in August, with imports exceeding exports despite a sharp rise in overseas shipments, as companies c... Read More


Tata feud wipes Rs.52,154 crore off listed companies' market value

Mumbai, Sept. 18 -- The Tata Sons-Tata Trusts standoff has become a shareholder problem, wiping out Rs.52,154 crore, or approximately $5.44 billion, in market value from the group's listed companies o... Read More


Tata Steel taps Lloyds Metals JV unit to develop, operate manganese mine in Odisha

MUMBAI, Sept. 14 -- Deepening its partnership with Lloyds Metals and Energy Ltd, Tata Steel has tapped Brahmani River Pellets Ltd (BRPL) to develop and operate its manganese mines, according to two pe... Read More


Tata Steel taps Lloyds Metals JV to develop, operate manganese mine in Odisha

MUMBAI, Sept. 14 -- Deepening its partnership with Lloyds Metals and Energy Ltd, Tata Steel has tapped Brahmani River Pellets Ltd (BRPL) to develop and operate its manganese mines, according to two pe... Read More


DreamFolks is moving beyond airport lounges. Can it regain lost ground?

New Delhi, Sept. 11 -- DreamFolks Services Ltd expects to return to the revenue levels it achieved before the disruption to its domestic airport lounge business by 2030, but with a markedly different ... Read More


BirlaNu bets on construction chemicals, pipes with a Rs.500 crore capex plan

New Delhi, Sept. 10 -- BirlaNu, part of the C.K. Birla Group, is sharpening its focus on construction chemicals and pipes, while stepping up investments in higher-margin products as it seeks to transf... Read More


Lloyds Metals weighs bigger steel bet, eyes up to 8 mtpa at Maharashtra unit

New Delhi, Aug. 27 -- Lloyds Metals & Energy Ltd is considering raising the capacity of its proposed steel plant in Maharashtra to as much as 8 million tonnes a year, as surging iron ore production bo... Read More


Reliance weighs plan to venture into aluminium

Mumbai, Aug. 26 -- Mukesh Ambani-led Reliance Industries Ltd (RIL) is evaluating a plan to venture into the aluminium industry, a sector that Gautam Adani-led Adani Enterprises Ltd entered with an $11... Read More


Ambani weighs aluminium entry, setting up potential Adani showdown

Mumbai, Aug. 25 -- Mukesh Ambani-led Reliance Industries Ltd (RIL) is evaluating a plan to venture into the aluminium industry, a sector that Gautam Adani-led Adani Enterprises Ltd entered with an $11... Read More


Ambani weighs aluminium foray, setting up potential Adani showdown

Mumbai, Aug. 25 -- Mukesh Ambani-led Reliance Industries Ltd (RIL) is evaluating a foray into the aluminium industry, a sector that Gautam Adani-led Adani Enterprises Ltd entered with an $11.5 billion... Read More