Indian Steel Industry
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India Will Have Over 140 Million Air Passengers By 2024, Minister Says
Union Minister of Civil Aviation and Steel Jyotiraditya M Scindia highlighted the various aspects of the development of the Indian aviation industry while addressing the CAPA India's Aviation Summit 2023 on Monday.
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Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
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V Krishnamurthy, One Of Tallest Leaders In Indian Industry, Dies At 97
V Krishnamurthy, a former chairman of steel PSU SAIL and Maruti Udyog Ltd (now Maruti Suzuki), died on Sunday at the age of 97 in Chennai.
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Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
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India And Russia Hold Talks To Resume Coking Coal Supplies: Report
Russian and Indian officials met last week in an effort to resolve an impasse over the shipping of coking coal to Indian steelmakers
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Railway Freight Loading Touched 110 Million Tonnes In August 2021 Despite Covid Impact
Freight loading for Indian Railways in August 2021 touched 110.55 million tonnes, which was 16.8 per cent higher than it was in August 2020.
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Tata Motors Denies Intent Of Selling Stake In Jaguar Land Rover
Earlier some reports claimed Tata Motors is looking for a strategic partner for Jaguar Land Rover (JLR) after talks with the British government on a financial rescue package has failed. The company reportedly is also planning to sell off its UK steel plant lock, stock, and barrel. However, the Indian auto manufacturer has completely denied this rum...
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Forty Days That Prompted Indian Companies To Write-Off A Quarter
From Thermax to Kalyani Steel Limited, companies are slowly being allowed to resume operations from Monday even though the lockdown has been extended for two weeks.
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Mahindra Is Making Deeper Inroads Into The ELV Business
Last year Mahindra had collaborated with Metal Scrap Trade Corporation Limited (MSTC) to explore a new business opportunity. The Indian UV maker had set up a vehicle recycling centre in Noida- CERO, to dismantle end-of-life vehicles (ELVs) or vehicles which are 15 years or older. Interestingly, Mahindra has sighted strong potential in the business ...
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Prince Charles Appoints Indian-Origin Steel Tycoon As UK Skills Ambassador
Indian-origin steel tycoon Sanjeev Gupta has been appointed by Britain's Prince Charles as an official ambassador for the Industrial Cadets programme designed to nurture manufacturing skills.
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Refractory Industry Seeks Policy Push In Budget
Currently poised at around Rs 6,500 crore annually, the Indian refractory industry is important not in turnover but its critical function to support the steel and cement industries.
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Trading Calls: Buy Indian Oil, UPL; Sell Tata Steel, Say Experts
BSE Sensex and Nifty struggled in early trade on Wednesday amid weak global markets. Gains in IT stocks such as TCS, Infosys and HCL Tech supported the market at lower levels.
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Sensex Reverses Gains, Nifty Below 9150; Reliance Industries, Tata Steel Drag
Reliance Industries, which today briefly became the most valued Indian company, fell over 1 per cent to drag benchmark indices lower.
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Extension Of Anti-Dumping Duty Credit Positive For Steel Companies: Moody's
Indian steel companies remain exposed to imports from other Asian countries. The continuation of government measures to protect the domestic steel industry is therefore, imperative, especially with global and regional overcapacity.
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US Locks In Duties On Certain Indian Steel Pipes
The action finalises provisional duties of up to 13.3 per cent set by the Commerce Department after it found India was dumping the pipe in the US at below market value and unfairly subsidising the products.
-
India Will Have Over 140 Million Air Passengers By 2024, Minister Says
Union Minister of Civil Aviation and Steel Jyotiraditya M Scindia highlighted the various aspects of the development of the Indian aviation industry while addressing the CAPA India's Aviation Summit 2023 on Monday.
-
Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
-
V Krishnamurthy, One Of Tallest Leaders In Indian Industry, Dies At 97
V Krishnamurthy, a former chairman of steel PSU SAIL and Maruti Udyog Ltd (now Maruti Suzuki), died on Sunday at the age of 97 in Chennai.
-
Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
-
India And Russia Hold Talks To Resume Coking Coal Supplies: Report
Russian and Indian officials met last week in an effort to resolve an impasse over the shipping of coking coal to Indian steelmakers
-
Railway Freight Loading Touched 110 Million Tonnes In August 2021 Despite Covid Impact
Freight loading for Indian Railways in August 2021 touched 110.55 million tonnes, which was 16.8 per cent higher than it was in August 2020.
-
Tata Motors Denies Intent Of Selling Stake In Jaguar Land Rover
Earlier some reports claimed Tata Motors is looking for a strategic partner for Jaguar Land Rover (JLR) after talks with the British government on a financial rescue package has failed. The company reportedly is also planning to sell off its UK steel plant lock, stock, and barrel. However, the Indian auto manufacturer has completely denied this rum...
-
Forty Days That Prompted Indian Companies To Write-Off A Quarter
From Thermax to Kalyani Steel Limited, companies are slowly being allowed to resume operations from Monday even though the lockdown has been extended for two weeks.
-
Mahindra Is Making Deeper Inroads Into The ELV Business
Last year Mahindra had collaborated with Metal Scrap Trade Corporation Limited (MSTC) to explore a new business opportunity. The Indian UV maker had set up a vehicle recycling centre in Noida- CERO, to dismantle end-of-life vehicles (ELVs) or vehicles which are 15 years or older. Interestingly, Mahindra has sighted strong potential in the business ...
-
Prince Charles Appoints Indian-Origin Steel Tycoon As UK Skills Ambassador
Indian-origin steel tycoon Sanjeev Gupta has been appointed by Britain's Prince Charles as an official ambassador for the Industrial Cadets programme designed to nurture manufacturing skills.
-
Refractory Industry Seeks Policy Push In Budget
Currently poised at around Rs 6,500 crore annually, the Indian refractory industry is important not in turnover but its critical function to support the steel and cement industries.
-
Trading Calls: Buy Indian Oil, UPL; Sell Tata Steel, Say Experts
BSE Sensex and Nifty struggled in early trade on Wednesday amid weak global markets. Gains in IT stocks such as TCS, Infosys and HCL Tech supported the market at lower levels.
-
Sensex Reverses Gains, Nifty Below 9150; Reliance Industries, Tata Steel Drag
Reliance Industries, which today briefly became the most valued Indian company, fell over 1 per cent to drag benchmark indices lower.
-
Extension Of Anti-Dumping Duty Credit Positive For Steel Companies: Moody's
Indian steel companies remain exposed to imports from other Asian countries. The continuation of government measures to protect the domestic steel industry is therefore, imperative, especially with global and regional overcapacity.
-
US Locks In Duties On Certain Indian Steel Pipes
The action finalises provisional duties of up to 13.3 per cent set by the Commerce Department after it found India was dumping the pipe in the US at below market value and unfairly subsidising the products.
