[ad_1] BENGALURU: Indian metals-to-oil conglomerate Vedanta Ltd on Friday said it has initiated a strategic review of its steel and steel raw materials businesses. The review will begin immediately and will explore options, including a potential strategic sale of some or all of the steel businesses, the firm added. Friday’s news comes at a time […]
India’s Vedanta Ltd initiates review of steel businesses – ET Infra Read More »
[ad_1] Representative Image MUMBAI: According to a CII CBRE assessment, Mumbai has a dominant 77 per cent of all India’s tall buildings, which significantly shapes the country’s skyline. More than 100 tall structures have been seen in Mumbai, while another 90 are under construction. It is anticipated that the city would keep taking the lead
AI can be a boon in construction industry: CII – CBRE Report – ET Infra Read More »
[ad_1] MUMBAI: The Adani family on Wednesday sold shares worth a little over $1 billion (Rs 8,372 crore) in two group companies through a series of secondary transactions on the stock exchanges. The stocks were purchased by US-based, Australia-listed GQG Partners. Money raised from the share-sale will be used to shore up liquidity and to
Adanis sell shares in 2 companies for over $1 billion – ET Infra Read More »
[ad_1] NEW DELHI: The government on Tuesday assured beneficiaries of the Production Linked Incentive scheme to resolve their issues, if any so that they can avail the PLI benefits on time, an official said. Certain technical issues were flagged by industry players during a workshop held by the commerce and industry ministry on the PLI
Govt assures PLI beneficiaries their issues will be resolved – ET Infra Read More »
[ad_1] The Enforcement Directorate (ED) on Wednesday said it has attached a Maharashtra-based steel company’s assets worth more than Rs 517 crore under the anti-money laundering law in connection with an alleged bank loan fraud of over Rs 895 crore. The assets, including land, building and machinery, belong to SKS Ispat and Power Limited, the
ED attaches Maha-based steel company’s assets worth over Rs 517 crore – ET Infra Read More »
[ad_1] NEW DELHI: India has received bids from 22 companies, including Jindal Steel and Power and Hindalco Industries, for the commercial extraction of coal from 18 thermal and coking coal mines, the Ministry of Coal said on Wednesday. Most of the mines have reserves of thermal coal used in power generation, while one has the
India’s Jindal Steel, Hindalco among bidders for commercial coal mines – ET Infra Read More »
[ad_1] NEW DELHI: Adani group firm ACC Ltd is making remarkable strides in its ambitious endeavour to double capacities and is also focused on margin expansion to become the most profitable cement manufacturer in the country, according to its latest annual report. ACC Chairman Karan Adani said Adani group is adopting a three-pronged approach to
Focused on expansion to become profitable cement manufacturer: ACC – ET Infra Read More »
[ad_1] Sandeep Singh, Managing Director, Tata Hitachi In conversation with ET Infra, Sandeep Singh, Managing Director, Tata Hitachi talks about the construction equipment sector, its future and his company’s growth. Here are the excerpts of the interview: How is the domestic industry poised to tackle China?There are three Chinese companies that are present in India
We hope to achieve 10% growth this year: Tata Hitachi – ET Infra Read More »
[ad_1] JAIPUR: In wake of the raids on the Shree Cement Group, Income Tax officials have seized documents indicating tax fraud to the tune of at least Rs 23,000 crore, sources said on Sunday. Income Tax Department officials said that a scrutiny of the documents found in the raid has revealed that almost Rs 1,200
Raids on Shree Cements expose Rs 23,000 crore tax fraud: IT officials – ET Infra Read More »
[ad_1] CHENNAI: The civic woes of residents of Manapakkam, Mugalivakkam and Madipakkam may end in the coming months as Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) has upped the pace of Underground Sewerage Scheme work in these localities. After TOI highlighted the battered condition of roads in these localities on Monday, the Greater Chennai
Metrowater speeds up underground work in Chennai – ET Infra Read More »
