NEWS

2024-06-03

Tata Steel Announces 2,500 Job Cuts Amid Transition to Greener Production

In a significant move towards sustainable production, Tata Steel is set to cut around 2,500 jobs in the UK, a decision deemed "inevitable" by CEO T V ...

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2024-06-03

JSW Steel Aims to Replace Imports with New Coated Steel Product

JSW Steel, India's largest steelmaker, is set to replace the country's imports of a vital coated steel product with its newly developed JSW Magsure. T...

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2024-06-03

JSW Steel Targets Coated Steel Dominance

JSW Steel is ambitiously targeting a 50% market share in the coated steel segment, positioning itself as a leader in this specialised market. The comp...

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2024-06-03

BHP Abandons $49bn Anglo Takeover

BHP Group, a global mining giant, has decided to walk away from its proposed $49 billion takeover of Anglo American. This strategic decision marks a s...

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2024-05-31

Coal India imports 3.58 lakh tonne of coal from Indonesia

Coal India (CIL) is set to procure approximately 3.58 lakh tonnes of coal from Indonesia through a vendor called GHV-BDE-DIL (JV) this year for the st...

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2024-05-31

Aditya Birla Capital injects Rs 3 bn into housing finance unit

Aditya Birla Capital, a financial services firm, announced that it had injected Rs 300 crore into its housing finance subsidiary, Aditya Birla Housing...

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2024-05-31

New UDAN scheme development underway

The civil aviation ministry is developing an expanded version of the regional air connectivity scheme, UDAN, which aims to ease entry barriers and red...

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2024-05-31

Government approves Rs 130.5 mn for NMC's e-bus plan

The approval of Rs 130.5 milllion by the Centre for the Nashik Municipal Corporation (NMC) to establish infrastructure for the city's e-bus project ha...

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2024-05-31

VinFast seeks green clearance for EV plant in Thoothukudi

VinFast Auto India, a Vietnamese electric vehicle (EV) manufacturer, expressed its intention to commence EV production in Tamil Nadu and to establish ...

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2024-05-31

Piramal Alternatives heads Euler Motors' Rs 2 bn fundraising

Euler Motors, a manufacturer of electric three-wheelers, announced that it had secured Rs 2 billion in funding as part of a continued funding round le...

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