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Jindal Stainless has announced a $150 million investment to set up a second slag processing unit at its Jajpur facility in Odisha, in a 15-year partnership with Harsco Environmental. The plant will recover metals from industrial waste, supporting the company's expanded capacity and long-term circularity goals. Jindal Stainless has announced a $150 million investment for setting up a slag processing unit at its Jajpur facility, a second such unit that is being set up by the company, as per a rel ...Read More >
RAIPUR: At least six persons were killed and six injured including two critically, in a tragic industrial accident at a private steel factory in Chhattisgarh capital on Friday evening. The incident occurred at Godavari Ispat Ltd. plant located in Siltara industrial area in Dharsiwa region of Raipur, Raipur SSP Lal Umed Singh told TOI. He said that a heavy structure of a ceiling collapsed during maintenance inspection, trapping workers underneath. The rescue operation is still underway and the ca ...Read More >
New Delhi [India], September 16 (ANI): Road and Surface Transport Minister Nitin Gadkari has said that the highways in the country were being built to international standards and that efforts are being made to explore new technologies to deal with the damage caused by rains, floods and cloudbursts. Addressing Panchjanya Infra Confluence here, Gadkari said treated sewage water will be used for road and building construction. The Minister said that by combining modern technology with eco-friendl ...Read More >
Mumbai, Aug 4 (SocialNews.XYZ) Adani Ports and Special Economic Zone Limited (APSEZ) on Monday reported an 8 per cent year-on-year (YoY) rise in cargo volumes for July, handling 40.2 million metric tonnes (MMT). The growth was led by a strong 22 per cent jump in container volumes, according to company's operational performance update in a stock exchange filing. For year-to-date (YTD) till July, the company handled 160.7 MMT of total cargo, up 10 per cent from the same period previous year, wit ...Read More >
JSW Cement's IPO is set to launch on August 7, aiming to raise Rs 4,000 crore through a fresh issue and offer for sale. Proceeds will fund a new cement unit, repay debt, and support general corporate needs. The company focuses on green cementitious products, poised to benefit from India's growing industrial sector and cement demand. The IPO of JSW Cement is likely to open for subscription on August 7, according to a report from Fortune India. The issue will close on August 11. JSW Cement, part ...Read More >
New Delhi [India], July 7 (ANI): Growth in India's cement demand will recover to 6.5-7.5 per cent this fiscal (2025-26) after falling to 5 per cent in the recently concluded 2024-25 fiscal, according to a Crisil Ratings report. This, coupled with an uptick in realisations, will lift operating profitability by Rs 100 to a level just above the decadal average, the rating agency asserted in its report on Monday. Healthy accrual coupled with robust balance sheets will keep the credit profiles of c ...Read More >
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