[ad_1] Tata Steel Tata Steel and the UK government have signed joint agreement on a proposal to invest in Electric Arc Furnace steelmaking at the Port Talbot site costing £1.25 billion, with the government granting up to £500 million, the company said in a stock exchange filing. The company said that it would reduce direct
Tata Steel to get £500 mn from UK govt for Port Talbot – ET Infra Read More »
[ad_1] BHUBANESWAR: The Railway Board has sanctioned a fund of Rs 14.7 crore for construction of subway near Nidhipanda bridge in Balasore district. It is an important bridge in Haldipada-Balasore section of Kharagpur-Bhadrak section. During a meeting on June 21, local people had urged railway minister Ashwini Vaishnaw, who was on a visit to the
Rs 14.7 crore sanctioned for subway construction in Odisha’s Balasore – ET Infra Read More »
[ad_1] Outlook for the domestic steel sector is favourable despite the fact that anaemic growth in some of the world’s largest steel-consuming economies could impact prices, thanks to the government’s accelerated spending on infrastructure over the last few months, analysts said. Steel finds the maximum consumption in the infrastructure space. With the Centre spending nearly
Steel companies may gain from government’s infra push – ET Infra Read More »
[ad_1] LUCKNOW: The Anti-corruption Bureau team of the CBI arrested a principal chief material manager of the North Eastern Railway while accepting Rs 3 lakh bribe on Wednesday. The CBI also carried out raids at the premises of accused KC Joshi at Noida and Gorakhpur which led to the recovery of Rs 2.61 crore cash.
CBI arrests railway officer in UP for taking Rs 3 lakh bribe – ET Infra Read More »
[ad_1] MUMBAI: The State of Odisha has partnered with the Global Stainless Steel Expo 2023 (GSSE) to make Odisha the ‘Stainless Steel Destination’ for the world with rising interest of stainless steel industry towards investing in Odisha. The Government of Odisha is now the fastest growing economy and also the largest stainless steel producer in
Odisha Partners with GSSE to become the Stainless Steel Destination – ET Infra Read More »
[ad_1] Cement prices have been raised for the second time this month in eastern parts of India while remaining steady in central, northern and southern parts of the country, dealers said. Prices were increased 3-10% earlier this month across regions, spurred by weak monsoon rains in August which helped prop up demand even in the
Cement prices up for the 2nd time this month in eastern India – ET Infra Read More »
[ad_1] Dalmia Bharat‘s acquisition of Jaiprakash Associates‘ cement assets for ₹5,666 crore has hit a legal hurdle due to a shareholder dispute at one of the joint-venture plants that was to be acquired as part of the transaction, according to sources aware of the matter. As per stock exchange disclosures by New Delhi-based Dalmia Bharat,
Dalmia Bharat’s deal to buy Jaypee’s cement assets hits a legal hurdle – ET Infra Read More »
[ad_1] Rating agency Icra on Wednesday revised upwards its growth estimate for the domestic steel industry to 9-10 per cent this fiscal, on account of the robust government capital expenditure. It had estimated the steel industry to grow in the range of 7-8 per cent at the start of the current 2023-24 fiscal, the rating
Icra revises growth estimates for domestic steel sector to 10 per cent – ET Infra Read More »
[ad_1] Mumbai Metropolitan Region Development Authority Mumbai: The Mumbai Metropolitan Region Development Authority (MMRDA) has approved the appointment of Larsen & Toubro (L&T) as the contractor for the longest underground tunnel in the city that will connect Orange Gate and Marine Drive. This tunnel will provide a traffic-free route between the Orange Gate at Eastern
[ad_1] Adani Group is in talks with banks to refinance debt taken on to fund its purchase of Ambuja Cements Ltd, with lenders divided into three categories in what could be one of Asia‘s largest syndicated loan deals of the year. Banks are likely to refinance a total of $3.5 billion, according to people familiar
Adani in talks with banks to refinance debt taken for Ambuja Cements – ET Infra Read More »
