British Indian steel tycoon to consolidate steel empire
In July, Liberty Steel announced the completion of its acquisition of 7 major steelworks and 5 service centres across seven European countries from ArcelorMittal. Liberty said the EURO 740-mn deal makes it one of the top 10 producers globally
Tata Steel 'can't keep funding losses' at UK's loss-making Port Talbot plant: N Chandrasekaran
He emphasised that the Port Talbot steelworks ...
I do not regret entering power space but will be a lot more conservative: Naveen Jindal
We aim to be debt free in the next three, four years,...
Tata Steel's UK losses continue to mount: Report
The losses mark a hike from 222 million pounds a year earlier, according to 'The Sunday Times'.
Parth Jindal reveals NY plans, says he will kick off 2020 in London with wife & daughter
On April 11, Mr and Mrs Jindal welcomed their first child.
UK high court orders British Steel into liquidation
The development follows the company's failure to secure emergency government funding. With this, some 5,000 direct jobs and another estimated 20,000 indirect jobs are now at stake.
Essar Steel, Adani, GAIL, HPCL buy bulk of Reliance gas
Essar Steel picked up 2.25 million standard cubic meters per day or about half of the available volumes in the day long auction conducted on November 15. Gujarat State Petroleum Corp (GSPC) picked up 1.2 mmscmd while Adani Group, Mahanagar Gas Ltd and GAIL bought 0.3 mmscmd each, sources said. Hindustan Petroleum Corp Ltd (HPCL) bought 0.35 mmscmd.
Railways to float fresh global tender for 4.5 lakh metric ton rails worth Rs 2700 crore
The requirement of rails for Indian Railways for 2018-2019 is around 16.66 lakh metric ton, while SAIL will be able to provide only about 10 lakh metric ton, the official said.
Essar, GSPC bag most of RIL-auctioned natural gas
Essar Steel and Gujarat State Petroleum Corporation have won two-thirds of the natural gas Reliance Industries offered in an auction. Essar Steel, which has been in news lately for its bankruptcy, is learnt to have won 2.25 mmscmd, while GSPC got 1.2 mmscmd. RIL-BP sold all the gas offered.
Tata Steel keen to exit SE Asia operations, other non-scalable assets
The steel major has been scouting for buyers for NatSteel Holdings Singapore and Tata Steel Thailand for some time now but without any success.
JSPL bags 20 per cent of Rs 2,500 crore global tender by Railways to supply long rails
The national transporter had invited the global tender for procuring around 4.87 lakh metric tonnes of rails to meet the shortfall of supply from SAIL.
Tata Steel UK severs links with British Steel Pension Scheme
"Tata Steel UK has received confirmation from the pensions regulator that it has approved a regulated apportionment arrangement in respect of BSPS," Tata Steel said in a statement here.
Indian Railways' Rs 2,500 crore global tender for supply of long rails to open today
The railways had to invite the global tender for procuring around 4.87 lakh metric tonnes of rails to meet the shortfall of supply from the Steel Authority of India Limited (SAIL).
View: The past and possible future of 'Punkahs'
In the olden days, from April till October—and longer in South India—the to-and-fro motion of punkahs marked the rhythm of Indian lives.
After Market: IndiGo plunges 11%, TaMo pares losses, 67 stocks in oversold zone
Market ended on a negative note despite firm global cues after fresh tariff threats from US.
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