INDUSTRY NEWS
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Ruias gear up for Essar 2.0 with investment-led growth plan
Notwithstanding the setback caused due to the loss of its flagship steel business to ArcelorMittal, the Essar group has embarked…
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JSW, ArcelorMittal chase Odisha’s steel promise
JSW chairman Sajjan Jindal and ArcelorMittal president Aditya Mittal arrived in Odisha recently within 24 hours of each other. Both…
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ArcelorMittal- Nippon Steel in talks to buy 500 Mw Bhander power unit
AM/NS India — a joint venture (JV) between ArcelorMittal and Nippon Steel that has acquired Essar Steel — is in…
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Mahindra Says It Will Focus On Fleet Segment Electric Vehicles
Mahindra Electric was one of the pioneers of electric vehicles in India. With the acquisition of Maini Reva, it rolled…
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Can afford high premiums to secure control of iron ore supply: JSW’s Sajjan Jindal
JSW Steel has just bagged four new mines in Odisha with more than a billion tonnes of iron ore reserves.…
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NCLT orders inclusion of Videocon’s overseas assets in bankruptcy process
The National Company Law Tribunal (NCLT) has ordered the inclusion of Videocon Industries' overseas oil and gas business in the…
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ArcelorMittal, Nippon Steel bullish on India despite economic slowdown
The India story may have slowed, but for global steel majors ArcelorMittal and Nippon Steel (AM/NS India), that have invested…
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Arcelor-Nippon to boost erstwhile Essar Steel Paradip plant capacity
AM/NS India, a joint venture between ArcelorMittal and Japan's Nippon Steel, plans to enhance capacity at the erstwhile Essar Steel…
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Siemens Gamesa, Suzlon grab 49% of India’s wind turbine market share in 2019: BNEF
Wind turbine maker, Siemens Gamesa, emerged as India’s top turbine supplier in 2019, followed by domestic supplier, Suzlon, which had…
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India importing more copper after Sterlite closure: Union Coal Minister
India became a net importer of copper in 2018-19 following the closure of Vedanta’s copper smelter plant in Tuticorin in…
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