steel

India’s Vedanta to raise $120 million via debt issue – ET Infra

BENGALURU: Indian metals-to-oil conglomerate Vedanta will raise up to 10 billion rupees (nearly $120 million) by issuing non-convertible debentures through a private placement, the company said on Thursday. In the past two months, Vedanta’s board has already approved raising up to $300 mln through debentures and a further up to $1 billion, although it is […]

India’s Vedanta to raise $120 million via debt issue – ET Infra Read More »

Tokyo Steel keeps product prices steady for fifth month in July – ET Infra

TOKYO: Tokyo Steel Manufacturing will keep steel product prices unchanged in July, for the fifth straight month, the top Japanese electric-arc furnace steelmaker said on Monday, as it monitors domestic and international market trends. The overseas steel market remains in a bearish tone due to strong exports from top producer China, while there are concerns

Tokyo Steel keeps product prices steady for fifth month in July – ET Infra Read More »

Jindal Stainless acquires remaining stake in Chromeni Steels – ET Infra

NEW DELHI: Jindal Stainless on Saturday said Chromeni Steels Private Limited (CSPL) has become its wholly-owned subsidiary with immediate effect. The board of directors of Jindal Stainless Limited (JSL) has given approval for the acquisition of remaining 46 per cent equity stake in Chromeni Steels Private Limited. Consequently, CSPL has become a wholly-owned subsidiary of

Jindal Stainless acquires remaining stake in Chromeni Steels – ET Infra Read More »

Jindal Stainless acquires 100 pc stake in Evergreat International Investment – ET Infra

NEW DELHI: Jindal Stainless Ltd on Tuesday said it has completed the acquisition of Evergreat International Investment Pte Ltd, Singapore (EIPL). “Acquired 100 per cent stake of EIPL. Consequently, EIPL has become a wholly owned subsidiary, and Chromeni Steels Private Limited (CSPL) a step-down subsidiary,” JSL said in an exchange filing. The acquisition is with

Jindal Stainless acquires 100 pc stake in Evergreat International Investment – ET Infra Read More »

Tata Steel credit metrics to improve in FY25: CreditSights – ET Infra

Ratings firm CreditSights on Monday said it expects the credit metrics of Tata Steel to improve in the ongoing fiscal aided by factors like infrastructure-led domestic steel demand and lower coking coal prices. Tata Steel last week reported a 64.59 per cent decline in consolidated net profit at Rs 554.56 crore for the March quarter

Tata Steel credit metrics to improve in FY25: CreditSights – ET Infra Read More »

Key infra sectors growth rises to 6.2 pc in April – ET Infra

Representative Image NEW DELHI: Eight key infrastructure sectors’ growth rose to 6.2 per cent in April on healthy expansion in the production of natural gas, refinery products and electricity, according to official data released on Friday. The production of eight sectors grew by 6 per cent in March. The growth of these core sectors —

Key infra sectors growth rises to 6.2 pc in April – ET Infra Read More »

JSW Steel eyes 50 per cent market share in coated steel segment – ET Infra

JSW Steel on Thursday announced the rollout of zinc-magnesium-aluminium alloy coated steel and aims to capture 50 per cent market share in the segment within one year’s time. JSW Steel has invested around Rs 500 crore in setting up the coated capacity of 0.9 million tonnes per annum at Karnataka and Maharashtra facilities where JSW

JSW Steel eyes 50 per cent market share in coated steel segment – ET Infra Read More »

India only nation among top 5 to see growth in steel production – ET Infra

MUMBAI: India is the only country, among the top five steel producing nations, to have seen a growth in production in April, with the others seeing production drop by as much as 7% during the month. China, which is the world’s largest producer of steel, has seen its production in April fall more than 7%

India only nation among top 5 to see growth in steel production – ET Infra Read More »

Jindal Steel plummets 8% as delay in capex seen hurting volume growth – ET Infra

Shares of Jindal Steel and Power saw major selling on Wednesday as a delay in the company’s capacity addition plan is seen hurting its volume growth even as peers are geared to take on the strong demand momentum for steel in the domestic market. The steel-maker’s shares saw their sharpest intraday fall in nearly 18

Jindal Steel plummets 8% as delay in capex seen hurting volume growth – ET Infra Read More »

Steel producer Goodluck India Q2 PAT grows 70 pc to Rs 34 cr – ET Infra

NEW DELHI: Specialty steel producer Goodluck India has posted a 70 per cent rise in its profit after (PAT) to Rs 34.70 crore during the quarter ended September 30, helped by increased income. It had clocked a PAT of Rs 20.36 crore during the July-September period of the preceding 2022-23 fiscal, the company said in

Steel producer Goodluck India Q2 PAT grows 70 pc to Rs 34 cr – ET Infra Read More »

Open chat
1
How May I Help You.
Scan the code
Vishwakarma Guru Construction
Hello Sir/Ma'am, Please Share Your Query.
Call Support: 8002220666
Email: Info@vishwakarmaguru.com


Thanks!!