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Adani launches $1.05 billion QIP in 2nd phase of fundraising

Mumbai, July 3 -- Less than three months after completing a Rs.25,000-crore rights issue, billionaire Gautam Adani-led Adani Enterprises Ltd (AEL) is returning to the equity market with a qualified in... Read More


Adani Enterprises launches $1.05 billion share sale, begins second phase of Rs.16,600 crore fundraising

Mumbai, July 2 -- Less than three months after completing a Rs.25,000-crore rights issue, billionaire Gautam Adani-led Adani Enterprises Ltd (AEL) is returning to the equity market with a qualified in... Read More


Regulatory cloud lifts, Vedanta readies Bokaro capacity doubling

Mumbai, July 2 -- Billionaire Anil Agarwal-led Vedanta Iron & Steel is aiming to double the steelmaking capacity at its Bokaro plant to 3 million tonnes per annum (mtpa) by the end of 2026, nearly a y... Read More


Tata Steel pushes UK profitability target to FY29

Mumbai, July 2 -- Tata Steel Ltd has pushed back the target of making its UK business net profit-positive from 2025-26 to 2028-29, when the steelmaker completes its electric arc furnace (EAF) project ... Read More


Rahul Bhatia hires trusted InterGlobe executive as IndiGo's new HR chief in latest leadership reshuffle

New Delhi, June 30 -- IndiGo co-founder Rahul Bhatia is continuing to reshape IndiGo's top leadership, inducting a trusted executive from his privately held InterGlobe Enterprises Pvt. Ltd. into the a... Read More


Hindustan Zinc eyes three new metals in five years

Mumbai, June 29 -- Hindustan Zinc Ltd plans to add at least three new metals to its portfolio over the next five years as it seeks to transform from a zinc-focused miner into a diversified critical mi... Read More


India launches anti-dumping probe into hot-rolled flat steel imports from China, Japan and Russia

Mumbai, June 26 -- India has initiated an anti-dumping investigation into imports of hot-rolled flat steel products from China, Japan and Russia after top domestic steelmakers alleged that cheap impor... Read More


Indigo Paints presses the accelerator, puts growth ahead of margins

New Delhi, June 24 -- Indigo Paints is looking to shed its conservative approach and prioritise growth over profitability, marking a significant shift for a company known for protecting its industry-l... Read More


Air India brings back ex-CMD Pradeep Kharola amid CEO transition plan

New Delhi, June 22 -- Air India has brought back former chairman and managing director Pradeep Singh Kharola to its senior management team, signalling the start of a planned leadership transition as c... Read More


Mint Explainer | Why India's steel imports are rising even as pipe exports boom

MUMBAI, June 22 -- The latest driver of India's steel imports isn't construction, automobiles or consumer appliances. It is an unlikely corner of the industrial economy: steel pipes. As governments ac... Read More