Pennar Industries bags orders worth Rs 702 crore

Pennar Industries bags orders worth Rs 702 crore

Pennar Group, a leading value-added engineering products and solutions company, has bagged orders worth Rs 702 crore across its various business verticals. Given below is the list of verticals and…

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NMDC Steel to commission its steel plant in Nagarnar in June end

NMDC Steel to commission its steel plant in Nagarnar by June end

NMDC Steel (NSL) will commission its steel plant in Nagarnar by the end of June, as per reports. Located in Chhattisgarh’s Bastar district, the plant was originally expected to be…

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ArcelorMittal parent to raise $5 billion for AM/NS

ArcelorMittal parent to raise $5 billion for AM/NS

ArcelorMittal, the world’s second largest steelmaker, has inked agreements with a clutch of Japanese banks to raise a $5 billion loan to fund the proposed expansions undertaken by the company’s…

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China, Vietnam's share in India's steel import basket rises during June 2023

RINL seeks proposals to fund working capital/ raw material in exchange for steel supply

In a first, state-owned Rashtriya Ispat Nigam Ltd (RINL) is exploring a business model wherein it will supply finished steel products to companies which will either fund its working capital…

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ThyssenKrupp Electrical Steel India Pvt Ltd

Thyssenkrupp in talks to boost steel output capacity in India

Thyssenkrupp company’s ThyssenKrupp Electrical Steel India Pvt Ltd is a Cold Rolled Electrical Steel manufacturer in India currently,  is in talks to boost steel output capacity with the Indian Government…

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India is the world's second largest producer of steel

India is the world’s second largest producer of steel

India’s steel production has reached a historic level of 120 million tonnes per year making it the world’s second largest producer of steel, the Government informed the Rajya Sabha. India…

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Dalmia Bharat Group consolidates its India refractory businesses under single legal entity

Dalmia Bharat Group consolidates its India refractory businesses under single legal entity

Dalmia-OCL, the refractory business of the Dalmia Bharat Group, announced merger of all its domestic businesses into a single consolidated entity titled Dalmia Bharat Refractories Ltd (DBRL). Effective immediately Dalmia…

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Year 2022 will bring great opportunities for Indian real estate: Dr. Atul Goel

Year 2022 will bring great opportunities for Indian real estate: Dr Atul Goel

Dr Atul Goel, MD, Goel Ganga Group & President (Elect.), NAREDCO Pune, talks on his outlook for the coming year… A pandemic is not easy on anyone. But it is…

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L&T and ReNew join hands to focus on the Green Hydrogen business in India

L&T and ReNew join hands to focus on the Green Hydrogen business in India

Larsen & Toubro (L&T), India’s leading engineering conglomerate, and ReNew Power (“ReNew”), India’s leading renewable energy company, announced a partnership agreement to tap the emerging green hydrogen business in India….

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Revamping the Growth Trajectory

Revamping the Growth Trajectory: Shashank Agarwal, MD, Salasar Techno Engineering

There is an urgent need to come up with highly effective strategies to stimulate growth in the infra sector, says Shashank Agarwal, Managing Director, Salasar Techno Engineering Ltd.   Infrastructure…

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KONE India sees surge in demand for its New Products and Solutions

KONE India sees surge in demand

KONE Elevator India, a leading elevator and escalator manufacturer and a wholly owned subsidiary of Finland-based KONE Corporation, has entered into a new phase of its strategy: ‘Sustainable success with…

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Union Cabinet okays Rs 6,322 crore PLI Scheme for specialty steel

Union Cabinet okays Rs 6,322 crore PLI Scheme for specialty steel

The Union Cabinet has approved Rs 6,322 crore Production Linked Incentive (PLI) Scheme for specialty steel to promote Prime Minister Narendra Modi’s Made-in-India campaign and reduce dependence on import of…

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Nuvoco launches Concreto CorroSafe, Corrosion-Resistant Concrete

Nuvoco launches corrosion-resistant concrete

Nuvoco Vistas Corp Ltd, a cement manufacturing company, launches Concreto CorroSafe – a corrosion-resistant concrete that extends the life of buildings. The advanced concrete mix design is reinforced with corrosion-resistant…

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All steel to be allowed to be used for highway construction

All steel to be allowed to be used for highway construction

The Government has reportedly conveyed  that all steel be allowed to be used for the National Highway construction as long as it meets the standards required for specific grades of…

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Mumbai-Delhi greenfield expressway to be extended to JNPT

Mumbai-Delhi greenfield expressway to be extended to JNPT

Union Road Transport and Highways Minister Nitin Gadkari announced that the Mumbai-Delhi greenfield expressway will be extended to the Jawaharlal Nehru Port Trust (JNPT) instead of ending at Thane district…

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