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The data compiled by S&P Global said that India's potential to become a low-cost hydrogen supplier depends on sustaining its early momentum against strong competitors and securing offtake agreements. New Delhi: India is emerging as a global leader in the hydrogen industry, with a strong focus on green hydrogen, according to a report. The data compiled by S&P Global said that India's potential to become a low-cost hydrogen supplier depends on sustaining its early momentum against strong competi ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47- ...Read More >
Aug 4 (Reuters) - A joint venture between India's JSW Steel (JSTL.NS), opens new tab and Japan's JFE Steel will invest 58.45 billion rupees ($669 million) to expand production capacity of cold rolled grain-oriented electrical steel across two Indian plants to meet growing domestic demand, JSW Steel said on Monday. JSW and JFE will equally fund a combined 19.66 billion rupees for the expansion through equity, JSW Steel said. The added capacity will be commissioned in phases from fiscal year 2028 ...Read More >
New Delhi [India], June 5 (ANI): thyssenkrupp Marine Systems, one of the world's leading enterprises in the naval industry, is celebrating the start of a new phase in the company's development with the launch of a new brand. From now on, it will operate under the new brand name TKMS and the new claim 'Your Maritime Powerhouse'. According to a company release, the new name and the new brand represent an important milestone along the path to the independent positioning of TKMS. The rebranding of ...Read More >
Thyssenkrupp faces scrutiny over its plan to cut 40% of jobs in its steel division, impacting 11,000 positions by 2030 through eliminations and divestitures. Questions arise about the feasibility of these measures as worker resistance mounts amid competitive and economic pressures. German industrial giant Thyssenkrupp's restructuring blueprint, targeting a 40% reduction in its steel division workforce, is under scrutiny. The plan, affecting 11,000 jobs by 2030, leaves specifics unresolved, incl ...Read More >
The steelmaker informed that it will reduce 5,000 jobs by 2030 and a further 6,000 jobs will be let go of via the sale of business activities or transfer to external service providers.Source : Thyssenkrupp Thyssenkrupp Steel Europe (TKSE) is planning to slash its workforce by roughly 40 per cent, the firm said on Monday. The steelmaker is looking to layoff nearly 11,000 workers as it announced a major restructuring move. The firm is a division of Thyssenkrupp AG and is the largest steelmaker i ...Read More >
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