Stay updated with the latest steel news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on steel topics.
ANGUL: Jindal Steel on Friday commissioned the 5 million tonne per annum (MTPA) Bhagavati Subhadrika Blast Furnace-II at Angul, notching up a milestone of sorts in India's steelmaking industry. The ceremonial blow-in was led by company chairman Naveen Jindal. Commissioning of the blast furnace also makes Angul the largest single-location steel facility in the country. The steel maker said Bhagavati Subhadrika Blast Furnace, with a volume of 5,499 cubic metre, ranks among the world's largest an ...Read More >
Epack Prefab Technologies' Rs 504-crore initial public offer (IPO) witnessed a lukewarm start on Wednesday, the first day of bidding, as the issue was subscribed 7% in the first couple of hours of the issue opening. Investors bid for 11.5 lakh shares against 1.76 crore shares on offer, data from NSE showed. The IPO is priced between Rs 194 and Rs 204 per share and includes a fresh issue worth Rs 300 crore along with an offer for sale of Rs 204 crore. As of 12 noon, the IPO was subscribed 7%, a ...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 >
RAIPUR, Sep 26 : Six factory workers were killed and several others injured when an under-construction structure collapsed at the Godavari Ispat plant in Chhattisgarh's Silatra industrial area today. Officials fear the toll could rise further as rescue teams continue to search for labourers trapped under the debris. Eyewitnesses said over a dozen workers were on duty when the steel and concrete framework suddenly gave way, burying many beneath the rubble. Panic gripped the site as fellow work ...Read More >
Mumbai: Maharashtra chief minister Devendra Fadnavis on Friday met Prime Minister Narendra Modi to apprise him of the flood situation and damages caused by excessive rainfall in the state. Mr. Fadnavis met the Prime Minister alone in New Delhi and submitted a letter seeking financial assistance for the affected farmers. The letter was jointly signed by deputy chief ministers Eknath Shinde and Ajit Pawar. He held a closed-door meeting with the Prime Minister that lasted for an hour. After meetin ...Read More >
New Delhi [India], September 26 (ANI): Maharashtra Chief Minister Devendra Fadnavis met Prime Minister Narendra Modi in New Delhi on Friday and apprised him of the heavy rains, flood situation, and the resulting losses faced by farmers in the state. He also submitted a memorandum seeking substantial Central assistance. Prime Minister Modi assured that the Union Government would firmly stand behind Maharashtra's farmers. Apart from this, CM Fadnavis discussed in detail issues including the Defen ...Read More >
Angul: Jindal Steel has marked a major milestone in India's steelmaking industry by blowing in a 5 MTPA blast furnace. This achievement was realised with the commissioning of the Bhagavati Subhadrika Blast Furnace - II. The ceremonial "blow-in" was led by Chairman of Jindal Steel Naveen Jindal, establishing Angul as the largest single-location steel facility in the country. The Bhagavati Subhadrika Blast Furnace, with a useful volume of 5,499 m², ranks among the world's largest and most advanc ...Read More >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical sup ...Read More >
BMW Ventures IPO opened for subscription with just 5% bids on Day 1, showing a muted start. The Rs 231.66 crore issue has no grey market premium yet, indicating weak sentiment. Retail saw 7% subscription, while NIIs and QIBs stayed away. The Rs 231.66 crore IPO of BMW Ventures Ltd opened for subscription on Wednesday, but initial investor interest appears muted for the issue. As of 12:10 PM on Day 1, the IPO was subscribed only 5% against the total offer of 2.34 crore shares, based on data from ...Read More >
NEW DELHI, Sept 16 (Reuters) - India's antitrust inspectors have conducted surprise raids at steel pipe makers Jindal SAW (JIND.NS), opens new tab and Maharashtra Seamless (MHSM.NS), opens new tab in an alleged case of bid rigging, two people with direct knowledge of the matter said on Tuesday. The raids were conducted at offices of Jindal SAW and Maharashtra Seamless in and around New Delhi on Monday, and the search operation has now concluded, the two sources said. Reuters is first to report ...Read More >
Bhubaneswar : "Odisha is moving from promise to performance, from potential to prosperity," declared Hon'ble Chief Minister Shri Mohan Charan Majhi, while presiding over the Groundbreaking Ceremony of 27 Industrial Projects organized by the Government of Odisha in Bhubaneswar today. The landmark event marked a historic moment in Odisha's industrial journey, reaffirming the state's position as one of India's fastest-growing investment destinations. Together, the 27 projects represent investments ...Read More >
Union Minister Shripad Yesso Naik urged scientists and industry leaders to make India a green hydrogen innovation hub. He emphasized that the National Green Hydrogen Mission is crucial for economic growth, industrial competitiveness, and environmental responsibility. New Delhi, Sep 12 (PTI) Union Minister of State for New & Renewable Energy Shripad Yesso Naik on Friday called upon scientists, industry leaders, startups and young researchers to make India a global hub of green hydrogen innovatio ...Read More >
Odisha Chief Minister Mohan Charan Majhi on Monday virtually performed the ground-breaking ceremony for 27 major industrial projects, which will bring a total investment of Rs 25,308 crore and generate 52,000 jobs. He asserted that Odisha was moving from "promise to performance, potential to prosperity". The projects would come up in 12 districts -- Angul, Rayagada, Jajpur, Cuttack, Sundergarh, Sambalpur, Khurda, Puri, Bhadrak, Koraput, Jharsuguda and Ganjam. "Our industrialisation is inclusi ...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 >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Monday virtually performed the ground-breaking ceremony for 27 major industrial projects, which will bring a total investment of Rs 25,308 crore and generate 52,000 jobs. He asserted that Odisha was moving from promise to performance, potential to prosperity. The projects would come up in 12 districts, Angul, Rayagada, Jajpur, Cuttack, Sundergarh, Sambalpur, Khurda, Puri, Bhadrak, Koraput, Jharsuguda and Ganjam. Our industrialisation is in ...Read More >
New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation's decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India's hydrogen economy. Also Read | Is Huma Qureshi Engaged to Rumoured Boyfriend Rachit Singh? Engagement Buzz Heats Up After TIFF Debut - Here's Every ...Read More >
New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India hydrogen economy. With over 250 delegates expected to attend, the World Hydrogen India conference will address critical challenges and opportunities ...Read More >
NewsVoir New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation's decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India's hydrogen economy. With over 250 delegates expected to attend, the World Hydrogen India conference will address critical challenges and o ...Read More >
Vedanta has settled its long-standing dispute with Chinese firm Sepco Electric, clearing the way for its revenue-stream demerger, now expected by September-end. The settlement resolves all claims and withdraws pending arbitration over the Talwandi Sabo 3x660 MW thermal project. Vedanta has settled its dispute with Chinese firm Sepco Electric Power Construction Corp, effectively clearing the path for its proposed demerger along operational product lines. The revenue stream-wise demerger, initial ...Read More >
New Delhi: The coming week promises to be busy for IPO investors, with two mainboard issues and three SME offerings opening for subscription, alongside 11 listings lined up across exchanges. Mainboard IPOs Euro Pratik Sales IPO: Decorative wall panel maker to launch a Rs 451.31 crore OFS issue from September 16-18, priced at Rs 235-247. Minimum bid size: 60 shares (Rs 14,820). Allotment on September 19, listing on September 23 (BSE, NSE). VMS TMT IPO: Gujarat-based steel bar producer to raise ...Read More >
CHENNAI: As TVK president and actor Vijay launched his state-wide campaign from Tiruchy, drawing huge crowds on Saturday, DMK president and Chief Minister M K Stalin, in a statement welcoming his party cadre to the 'Mupperum Vizha' at Karur on September 17, took an indirect dig at the new party without naming anyone. Stalin said, "The DMK is not a party with frenzied, non-ideological gatherings that cause trouble to the public. We assemble as an ideologised battalion and disperse as warriors wi ...Read More >
Hyderabad: The city police have achieved a swift breakthrough in the investigation into the gruesome murder of a 50-year-old woman at her residence in Kukatpally, with the arrest of the prime suspect in Jharkhand's Ranchi. The accused, a 21-year-old named Harsha, had been employed in the household for less than a fortnight before the crime was carried out. Detectives moved quickly after the murder came to light, deploying five special teams to gather evidence, trace phone activity, and study ho ...Read More >
Aizawl, Sep 13 (PTI) Union Minister Ashwini Vaishnaw on Saturday said railway projects worth Rs 77,000 crore are being implemented in the Northeast region. Vaishnaw made the statement on a day when Prime Minister Narendra Modi inaugurated Mizoram's first railway line and flagged off the state's maiden Rajdhani Express, connecting Aizawl with Delhi. He said railway connectivity to Mizoram will boost tourism, generate employment, and help the region's products find new markets. "Development of ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) RSS chief Mohan Bhagwat's statement on Friday that tariffs on Indian goods have been imposed out of fear of a stronger India was not in isolation. SBI Capital Markets, in its report "Tariffs are Made in the USA, but Resilience is Made in India," described the aggressive US tariff regime as a "key flashpoint" designed to pressure India's external sector. The report had viewed the approach as targeted at curbing India's broader economic momentum. However, rece ...Read More >
Aizawl (Mizoram) [India], September 13 (ANI): Railways Minister Ashwini Vaishnaw on Saturday lauded Prime Minister Narendra Modi's leadership and commitment to Mizoram as he inaugurated the Bairabi-Sairang rail line, worth over Rs 8,070 crore. Addressing the public meeting in Aizawl, he acknowledged the challenges in building the Bairabi-Sairang railway line, which includes 45 tunnels and 55 bridges. He said, "Today, Mizoram's capital gets railway connectivity. I congratulate all of you, gathe ...Read More >
Mumbai (Maharashtra) [India], September 13 (ANI): Huge coal reserves are a great business opportunity, and the industry should join hands to leverage resources, said Additional Secretary and Nominated Authority, Ministry of Coal, Rupinder Brar.Speaking to reporters on the sidelines of high-level Roadshow on Coal Gasification- Surface and Underground Technologies in Mumbai, Brar said, "As we are growing into a larger-sized economy today, we stand as the fourth largest and very soon we are going t ...Read More >
The death of Renuka Agarwal, 50, the wife of steel businessman Rakesh Agarwal by two domestic helpers from her building has sent shockwaves across the city. She was found murdered in her Swan Lake condominium near Kukatpally near Y junction in Hyderabad on Wednesday evening. According to TOI, she was tied up and stabbed to death, after which the assailants stole her gold ornaments and cash from the house. After the murder, the duo fled away on a on a two-wheeler owned by one of the domestic hel ...Read More >
Karnataka Industries Minister leading a high-level Karnataka delegation to Japan to attract investments Karnataka Industries Minister MB Patil on September 10 held talks with Japan's JFE Shoji Company on the possibility of reviving the New Government Electrical Factory (NGEF) in Hubballi under state partnership. Patil, who is leading a high-level Karnataka delegation to Japan to attract investments, said JFE is a global leader in transformer manufacturing and has been invited to visit the Hubb ...Read More >
New Delhi, Sep 12 (PTI) Union Minister of State for New & Renewable Energy Shripad Yesso Naik on Friday called upon scientists, industry leaders, startups and young researchers to make India a global hub of green hydrogen innovation. Speaking at the First R&D Green Hydrogen Conference under the National Green Hydrogen Mission, the minister said the country's leadership in the sector will ensure domestic industries remain competitive and future-ready at a time when countries are designing cross- ...Read More >
New Delhi, Sep 12 (PTI) India and the European Union (EU) are now maximising their efforts to finalise negotiations for a proposed free trade agreement by the end of this year, with both sides stressing their commitment to a comprehensive and balanced pact to benefit businesses and consumers. The official team of India and the EU are engaged in the 13th round (September 8-12) of negotiations for the agreement here. EU Trade Commissioner Maros Sefcovic and the European Commission's Agriculture ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.