Construction

Adani Group says bid to tarnish reputation by foreign entities – ET Infra

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[ad_1] NEW DELHI: Adani Group on Monday said some foreign entities are continuing orchestrated attacks by rehashing old and baseless allegations to drag down its market value and tarnish the conglomerate’s image ahead of the Supreme Court hearing. The Supreme Court slated a hearing for this week on markets regulator SEBI’s investigation into allegations of […]

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Tata Steel consolidated output falls 3.2% to 7.26 mn tonne in July-Sep – ET Infra

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[ad_1] Tata Steel has posted a 3.2 per cent decline in consolidated production to 7.26 million tonne during the second quarter of the ongoing fiscal. Its consolidated output was at 7.5 MT in the year-ago period, Tata Steel said in a statement. The consolidated deliveries during the period were at 6.89 MT as against 7.06

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Nashik metropolitan authority to act against illegal construction – ET Infra

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[ad_1] Nashik: Satishkumar Khadke, the commissioner of the Nashik Metropolitan Regional Development Authority (NMRDA), said the authority would soon take action against unauthorised constructions and encroachments in the region. NMRDA covers six tehsils, including Nashik and parts of Trimbakeshwar, Dindori, Niphad, Sinnar and Igatpuri. Khadke, who took over as the commissioner NMRDA, said the officials

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‘JSP plans to make Angul facility largest single-location steel plant’ – ET Infra

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[ad_1] Jindal Steel and Power (JSP) is planning to make its Angul unit India‘s largest single-location steel manufacturing facility, its Managing Director Bimlendra Jha has said. Currently, the capacity of the Odisha plant is being ramped up to 11.6 million tonnes per annum (MTPA) from the existing 5.6 MTPA, Jha told PTI in an interaction.

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‘Govt mulling to terminate contract of L&T in B’gavi’ – ET Infra

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[ad_1] BELAGAVI: The government is mulling to terminate the contract of 24X7 water project work given to Larsen and Toubro (L&T) company in Belagavi, and call a new tender, said urban development minister Byrathi Suresh here on Friday. Addressing a joint press conference with municipal administration minister Rahim Khan at Suvarna Vidhana Soudha (SVS) here,

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Vizag Steel Plant clocks best ever H1 sales of wire rod coils, structurals, value-added steel – ET Infra

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[ad_1] Rashtriya Ispat Nigam Ltd (RINL), which operates the Vizag steel plant, clocked its best ever sales of wire rod coils (WRC), structurals (steel variety) and valued-added steel (VAS) in the first six months of 2023-24 (H1) since inception. The steel plant sold 3.64 lakh tons of WRC, 2.23 lakh tons of structurals and 6.82

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Indian steel firms plan price rises as coking coal costs surge – ET Infra

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[ad_1] Indian steel companies plan to raise prices of various grades of the alloy due to rising import costs of coking coal, especially from major producer Australia, officials at four domestic mills said. Steel mills are likely to raise rates by $25 to $50 a metric ton by December, said the officials, who did not

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ArcelorMittal tells SC it is “desirous” of returning 2643 acres it acquired – ET Infra

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[ad_1] Bogged down by protracted litigation and uncertainty over land acquisition, world’s largest steel producer, ArcelorMittal, on Friday told the Supreme Court that it was “desirous” of returning 2643 acres it acquired for its proposed six-million tonne steel plant in Karnataka, and is ready to give up the Rs 267 crore compensation paid to the

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Steel industry body ISA inks pact with GeM to help MSMEs – ET Infra

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[ad_1] NEW DELHI: Indian Steel Association (ISA) on Friday said it has signed an agreement with the Government e-Marketplace (GeM) to help MSMEs in supplying their products and make procurement through the online marketplace. “ISA proudly announced the signing of a Memorandum of Understanding (MoU) with GeM. This partnership aims to facilitate the integration of

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Tax dept agrees to refund Rs 190 cr to Vedanta, Delhi HC takes note – ET Infra

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[ad_1] The income tax department has agreed to refund Rs 190 crore with interest to Vedanta Ltd for assessment year (AY) 2021-22. A Delhi High Court Bench led by Justice Rajiv Shakdher noted the submissions of counsel Abhishek Maratha, appearing for revenue, that the refund along with applicable interest, will be remitted to the Anil

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