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FedEx plans Rs.2,500-cr cargo hub at Navi Mumbai airport

Mumbai, Feb. 19 -- FedEx will invest Rs.2,500 crore to build a 300,000 sq. ft air cargo hub at billionaire Gautam Adani's newly operational Navi Mumbai International Airport (NMIA), the company said o... Read More


FedEx plans Rs.2,500-cr cargo hub at NMIA

Mumbai, Feb. 19 -- FedEx will invest Rs.2,500 crore to build a 300,000 sq. ft air cargo hub at billionaire Gautam Adani's newly operational Navi Mumbai International Airport (NMIA), the company said o... Read More


FedEx to invest Rs.2,500 crore to build cargo hub at Navi Mumbai Airport

MUMBAI, Feb. 18 -- FedEx will invest Rs.2,500 crore to build a 300,000 sq. ft air cargo hub at billionaire Gautam Adani's newly operational Navi Mumbai International Airport, the company said on Wedne... Read More


AM/NS India targets import substitution with new value-added steel for appliances

MUMBAI, Feb. 16 -- ArcelorMittal Nippon Steel India (AM/NS India) is broadening its value-added steel portfolio with two new products aimed at the consumer appliance sector, aiming to reduce imports. ... Read More


Fires at Novelis singe Hindalco profit by 45%

New Delhi, Feb. 12 -- Metals giant Hindalco Industries Ltd missed earnings estimates in the December quarter, singed by back-to-back fires at its US crown jewel Novelis Inc. The Aditya Birla Group fl... Read More


Gravita India enters copper recycling biz, acquires Rashtriya Metal

Mumbai, Feb. 9 -- Recycling company Gravita India Ltd has signed a binding term sheet to acquire up to 100% stake in Rashtriya Metal Industries Ltd (RMIL), manufacturers of copper and copper alloy pro... Read More


Tata Steel Q3 preview: UK turnaround, Europe carbon tax under the spotlight

New Delhi, Feb. 5 -- The question of when Tata Steel's UK operations will finally break even has come to overshadow nearly every quarterly interaction the company has with analysts. What was earlier g... Read More


Berger Paints misses Q3 estimates on long monsoon, shorter festive season

Mumbai, Feb. 5 -- Berger Paints India Ltd, India's second-largest paintmaker, missed analyst estimates as an unusually prolonged monsoon in October and a shorter festive season weighed on its December... Read More


Jindal Steel Q3 net profit falls almost 80% on higher costs; revenue up 11%

New Delhi, Jan. 30 -- Jindal Steel, India's fourth-largest steelmaker, announed its Q3 earnings after market hours on Friday, reporting a decline in profit during the December quarter due to weak stee... Read More


Higher cement sales help UltraTech beat earnings estimates

Mumbai, Jan. 24 -- India's largest cementmaker, UltraTech Cement Ltd, reported better-than-expected net profit for the December quarter, beating analyst estimates on the back of strong cement sales. ... Read More