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Steel
Business  /  Published 03.11.21

HPCL profit down 22%

State-owned refiner HPCL has reported a 22.4 per cent year-on-year decline in its net profit at Rs 1,923.5 crore during the July-September quarter against Rs 2,477.45 crore a year ago. The company had...
By Our Special Correspondent in New Delhi

Business  /  Published 02.11.21

Steel players increase prices

Indian steel companies have raised prices across different grades of the alloy by Rs 1,500-3,500 a tonne from November 1. Following the hike, which comes on the back of hardening raw material costs, ...
By Sambit Saha

Jharkhand  /  Published 29.10.21

Tatas: solar deal for Jharkhand

Tata Steel and Tata Power, two flagship companies of the salt-to-software conglomerate, have come together to develop a grid-connected solar project in Jharkhand and Odisha. The two companies on Frid...
By Pinaki Majumdar in Jamshedpur

Business  /  Published 25.10.21

JSW plans big expansion, banks on cash flow

JSW Steel is on the cusp of a major expansion, aiming to double capacity to 36.5 million tonnes a year. Basking in the after-glow of record-breaking profits, the company says it may not need to take o...
By Sambit Saha in Calcutta

Business  /  Published 22.10.21

JSW posts sharp rise in profit, revenue

JSW Steel posted a 68 per cent rise in revenue from operations and a 350 per cent jump in net profit on a consolidated basis in the second quarter of the fiscal compared with the same period last year...
By Our Special Correspondent in Calcutta

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Business  /  Published 21.10.21

L&T Finance Holdings net dips 10%

L&T Finance Holdings (LTFH) on Wednesday reported a 10 per cent decline in its consolidated net profit at Rs 223 crore for the second quarter ended September 2021.  The non-banking financial...
By PTI in New Delhi

Jharkhand  /  Published 01.10.21

STATE DIGEST: Footfall at Tata zoo nosedives

  Jamshedpur: Inspector general of Railway Protection Force (RPF) D.B. Kashar inspected security arrangements at the Tatanagar station in view of the upcoming Puja, on Friday. During the ho...
By Our Bureau

Business  /  Published 01.10.21

Tatas sell NatSteel for $172m

Tata Steel has exited NatSteel Holdings Pte Ltd by selling the company to a Singapore-based trading outfit for $172 million (Rs 1,275 crore). The move is in line with Tata Steel’s plan to pivot...
By Our Special Correspondent in Calcutta

Business  /  Published 28.09.21

Activism erupts over JSPL director pay

Jindal Steel & Power Ltd (JSPL) has flown into the crosshairs of proxy advisory firms that include Glass Lewis & Co over a proposal to pay a one-time remuneration to four independent directors...
By Our Special Correspondent in Mumbai

Jharkhand  /  Published 27.09.21

Innovations to aid coal, steel sectors

Two recent scientific innovations by the researchers of Jharkhand are expected to boost activities of two prominent core sectors — coal and steel. While Ranchi-based Central Mines Planning and ...
By Achintya Ganguly in Ranchi


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