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NEW DELHI, April 9 (Reuters) - India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, revi ...Read More >
New Delhi: India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, reviewed by Reuters. ...Read More >
NEW DELHI, April 9 (Reuters) - India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, revi ...Read More >
Jindal Steel pioneers the use of syngas in its steel production processes, offering a sustainable solution to natural gas shortages and promoting energy efficiency in the steel industry. IMAGE: Photograph: Wolfgang Rattay/ReutersKey PointsJindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces to mitigate natural gas, LPG, and propane shortages.The company is the first in the steel industry to use syngas in these finishing processes, ensuring continuous ope ...Read More >
New Delhi: Jindal Steel achieved a global first by establishing India's first coal gasification-based Direct Reduced Iron (DRI) plant, using syngas for iron-making. In response to shortages of natural gas, LPG and propane, Jindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces, marking the first such application in the steel industry. Jindal Steel has also injected syngas into its blast furnace, reducing dependence on imported coking coal and lowering car ...Read More >
Mumbai, 6 April (Argus) -- Indian producer Jindal Steel has started using synthesis gas (syngas) at its galvanizing and colour coating units to offset natural gas and propane shortages, the company said today. Jindal was previously using syngas to produce direct-reduced iron (DRI), but has now extended its use to downstream operations, a spokesperson told Argus. The shift comes in response to shortages of natural gas and propane stemming from the US-Iran war, which has hampered India's coated ...Read More >
RAIPUR: In a significant move towards energy self-reliance, Jindal Steel has successfully integrated advanced coal gasification technology to power its steel-making operations using domestic (swadeshi) coal. The initiative marks a shift toward low-carbon production and strengthens India's energy security by reducing the industry's historical dependence on imported fuels. "The company has achieved a world-first by establishing India's premier coal gasification-based Direct Reduced Iron (DRI) pl ...Read More >
Singapore, 6 April (Argus) -- Premiums at India's domestic coal auctions rose sharply in March with industrial buyers moving to secure supply following a surge in seaborne coal prices and freight rates, led by the US-Iran conflict and pre-summer restocking by power utilities. State controlled Coal India (CIL) -- which meets about three-quarters of India's coal needs -- recorded an average premium of 45pc in its March electronic auctions over the notified prices applied to long-term contracted s ...Read More >
New Delhi, Apr 6 (PTI) Jindal Steel on Monday said it has deployed syngas in galvanising and colour coating line furnaces to counter the shortage of natural gas, LPG and propane, enabling the company to sustain operations amid supply disruptions. Syngas, or synthesis gas, is a clean-burning fuel that offers a way to convert waste and biomass into valuable energy, acting as a circular energy source. The innovative switch to syngas -- produced through gasification of coal -- has allowed the comp ...Read More >
Synopsis: Shares of this small cap stock surged 8% after Q3 results showed 60% QoQ net profit growth and revenue above Rs. 1,000 cr for the second consecutive quarter, driven by operational efficiency, 4PRO contracts, and automation initiatives. The shares of this company are in the business of manufacturing and marketing special refractory products, systems, and services to the steel industry in India and globally are in the spotlight after it rose by 8% following Q3 results with a 60 percent ...Read More >
In yet another major breakthrough under "Operation Golden Sweep", the Directorate of Revenue Intelligence (DRI) Mumbai Zonal Unit exposed a gold smuggling racket operating with insider help at Mumbai's Chhatrapati Shivaji Maharaj International Airport. The operation has led to the arrest of two airport cleaning staff members who allegedly worked as part of an organised smuggling syndicate. Acting on specific intelligence, DRI's Mumbai Zonal Unit mounted discreet surveillance on cleaning staff e ...Read More >
Bengaluru: The Directorate of Revenue Intelligence (DRI) officials have arrested a passenger, who was found hiding over 4 kg of cocaine inside the covers of two comic books, in Bengaluru airport, officials said. The cocaine, worth Rs 40 crore, was seized by the officials. Acting on specific intelligence, the DRI officials of the Bengaluru unit intercepted a passenger who had arrived from Doha on the morning of July 18 at the Kempegowda International Airport in Bengaluru. During checking it was ...Read More >
Bengaluru, July 19: Directorate of Revenue Intelligence has intercepted and seized 4 kg of Cocaine worth over Rs 40 crore in the international market at Kempegowda International Airport, from a passenger who arrived from Doha in the early hours on Thursday. On careful observation of his baggage, the DRI officials found two comic books of superheroes. However, the officials found that the books were unusually heavy and recovered the white powder concealed in the covers of both the books. The po ...Read More >
New Delhi: The DRI officers have seized over 4 kg cocaine worth Rs 40 crore at the Bengaluru international airport and arrested one passenger, the finance ministry said on Saturday.The officers of Directorate of Revenue Intelligence (DRI) Bengaluru Zonal Unit intercepted an Indian male passenger, who arrived from Doha at Bengaluru International Airport on July 18. The passenger was carrying two superhero comics/ magazines which were unusually heavy. The officers carefully recovered white powder ...Read More >
Bengaluru (Karnataka) [India], July 19 (ANI): Acting on specific intelligence, officers of the Directorate of Revenue Intelligence (DRI) Bengaluru Zonal Unit intercepted an Indian male passenger with over 4 kg of cocaine worth Rs 40 crore. The accused, who arrived from Doha, was intercepted at Bengaluru International Airport in the early hours of Friday, according to a release from Ministry of Finance. Upon careful examination of his baggage, it was observed that the passenger was carrying two ...Read More >
Kannada actress Ranya Rao has been sentenced to a year in prison under the COFEPOSA Act for her involvement in a gold smuggling case. Despite initially being granted default bail due to a delay in filing the chargesheet, she remained in custody under a preventive detention order. Rao was apprehended at Kempegowda International Airport with 14. Kannada film actress Ranya Rao has been sentenced to one year in prison under the stringent COFEPOSA Act in connection with a gold smuggling case. The Ad ...Read More >
Bengaluru, July 17 (SocialNews.XYZ) The Advisory Board under the Directorate of Revenue Intelligence (DRI) has upheld the invocation of the Conservation of Foreign Exchange and Prevention of Smuggling Activities (COFEPOSA) Act against jailed Kannada actress Ranya Rao. The board on Thursday also issued directions not to allow the filing of a bail petition by jailed actress Ranya Rao for one year from the date of her arrest as per the provisions of the COFEPOSA Act. The Advisory Board directed t ...Read More >
Bengaluru, July 17: The Advisory Board under the Directorate of Revenue Intelligence (DRI) has upheld the invocation of the Conservation of Foreign Exchange and Prevention of Smuggling Activities (COFEPOSA) Act against jailed Kannada actress Ranya Rao. The board on Thursday also issued directions not to allow the filing of a bail petition by jailed actress Ranya Rao for one year from the date of her arrest as per the provisions of the COFEPOSA Act. The Advisory Board directed the DRI that no ba ...Read More >
A young woman named Oleti Pushpa (22) was killed by her live-in partner Sheikh Shamma (22) in the Ambedkar Konaseema region of Andhra Pradesh, reported India Today. She was living with Sheikh for the past 6 months after she separated from her spouse. The incident took place in Siddhartha Nagar, B Savaram village of Rajolu mandal on 16th July. Shamma reportedly accused Pushpa of having affairs with other men. He forced her to engage in prostitution and frequently instigated fights with her when ...Read More >
New Delhi: Jindal Steel Duqm, a part of Naveen Jindal Group, aims to start operations at its upcoming 5 million tonnes per annum (MTPA) hydrogen-enabled green steel complex at the Special Economic Zone in Duqm (SEZAD) in Oman by 2028, a company executive said. The plant is being developed in two phases at a total investment of approximately USD 3 billion (around Rs25,000 crore), the official said. Designed to be one of the world's most advanced hydrogen-ready steel facilities, it will initiall ...Read More >
Mumbai: Tata Sons chairman N. Chandrasekaran has set a new goal for Tata Steel Ltd chief executive and managing director T.V. Narendran: to deliver net profit from the company's UK operations in the current fiscal year. Addressing shareholders at Tata Steel's annual general meeting on Wednesday, Chandrasekaran, who also chairs the steelmaker, said the aim was for the UK operations to achieve net profitability this fiscal year. "I feel that UK should be PAT (profit after tax) positive, so the c ...Read More >
Mumbai, (UNI) The Directorate of Revenue Intelligence (DRI), Mumbai Zonal Unit (MZU), has successfully busted a major gold extraction and refining facility involved in the illegal melting of smuggled gold, officials said here on Tuesday. Acting on a specific intelligence, DRI officers conducted searches at three related locations, leading to the recovery of substantial quantities of smuggled gold, silver, and cash. The operation resulted in the seizure of 23.92 kilograms of gold bars and melte ...Read More >
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