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Arcelor Mittal JV in India to expand nearly 3x by 2030 braving iron ore costs

Mumbai, Dec. 14 -- ArcelorMittal Nippon Steel India Ltd (AMNS India) has set an ambitious expansion roadmap for the rest of the decade, targeting 25-26 million tonnes of steelmaking capacity by 2030, ... Read More


AMNS India targets 25 mtpa by 2030 amid input cost pressures

Mumbai, Dec. 14 -- ArcelorMittal Nippon Steel India Ltd (AMNS India) has set an ambitious expansion roadmap for the rest of the decade, targeting 25-26 million tonnes of steelmaking capacity by 2030, ... Read More


How Jio Payments Bank quadrupled its sales network in just 3 months

Mumbai, Nov. 23 -- Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers fo... Read More


Tata Steel lifts profits, but UK pain lingers amid cheap imports

New Delhi, Nov. 13 -- Tata Steel Ltd ramped up India output and cut costs during the July-September period, lifting its financial performance, but its UK unit remains a drag amid cheap imports despite... Read More


The second coming of steel: New tycoons rise where the 'dirty dozen' fell

Mumbai, Nov. 9 -- At the beginning of 2025, Maharashtra-based mining company Lloyds Metals and Energy Ltd made headlines for granting stock options to its blue-collar workers, including some former Ma... Read More


Evonith targets aggressive ramp-up in steel capacity by 2030

New Delhi, Nov. 6 -- Nithia Capital-owned Evonith Steel, which acquired the bankrupt Uttam Group in 2020, has now set a target to become India's fifth-largest steelmaker. The company plans to scale u... Read More


Jindal Steel management churn: New CEO calms investor nerves, says he tends to 'stick around'

Mumbai, Oct. 30 -- Less than 24 hours after his appointment, Jindal Steel Ltd's new chief executive officer (CEO) Gautam Malhotra sought to calm investor nerves on the high churn of senior executives ... Read More


Silver surge, weak rupee lift Hindustan Zinc's Q2 profit despite lower output

Mumbai, Oct. 17 -- The ongoing silver rally and a weaker rupee helped Hindustan Zinc Ltd report a 14% year-on-year jump in its profit for the September quarter, offsetting a sharp dip in metal product... Read More


Demand for this precious by-product is surging, but where's the supply?

Mumbai, Oct. 11 -- Demand for silver has soared on the back of rising industrial use and investor frenzy, but supply is constrained. This demand-supply mismatch is unlikely to ease in the near term, a... Read More


Road contractors eye tender boost in second half of FY26 after two lean years

Mumbai, Oct. 9 -- After a prolonged slowdown in orders, India's road construction giants are keeping their fingers crossed for a long-awaited revival. With highway contracts from the National Highway ... Read More