Ishita Ayan Dutt

SC on retro tax on minerals: Odisha and Rajasthan to watch out for

Odisha, Rajasthan, Chhattisgarh, Karnataka and Jharkhand, are India's top five mineral producing states by value annually, and in the same order as of FY23 data

SC on retro tax on minerals: Odisha and Rajasthan to watch out for

Odisha, Rajasthan, Chhattisgarh, Karnataka and Jharkhand, are India's top five mineral producing states by value annually, and in the same order as of FY23 data

War shadow on Bengal foundries as stocks pile up, economies slow down

Export orders have been slowing down since Jan, impacting SMEs and depriving workers of overtime pay, a crucial wage component

JSW One raises Rs 205 cr from Japan's Mistui at Rs 2,750 cr valuation

B2B e-commerce firm of JSW Group will use the financing to expansion business

Indian tea after 'Sri Lanka effect': Challenge will be to focus on quality

Exports gained when production in troubled island nation dropped sharply in 2022; to maintain that momentum as its competitor bounces back, domestic industry's challenge will be to focus on quality

Promoter group firms have fully repaid loan against shares, says JSPL

Companies are part of Naveen Jindal group, which is following a deleveraging strategy

Seshagiri Rao retires, steps down from JSW Steel board after 24 years

Rao superannuated from the services of the company and consequently stepped down from the board, the company said

Syama Prasad Mookerjee Port, India's oldest, posts highest cargo, surplus

The achievement was on the back of a jump in rail-borne cargo coupled with transhipment operations throughout the year that allowed capesize vessels to come to port

SG Tushar Mehta questions locus of individual shareholder in IBC

Citing several judgments, the SG said only the company can speak for the shareholder

AMNS Luxembourg signs $5 bn loan deal with Japanese banks for Indian ops

The loan proceeds would be used to finance the expansion of the plant at Hazira, Gujarat, from nine million tonnes (mt) to 15 mt

Jindal Stainless sees domestic demand; China imports a challenge: Firm's MD

Puts most of its eggs in the domestic market, buoyed by strong demand; 25-30% of sales driven by exports

Jindal Stainless to invest Rs 1,200 cr in nickel pig iron JV in Indonesia

JSL says it is the first strategic partnership by an Indian company for securing a stake in a nickel reserve abroad

SC's fraud-tagging ruling may lengthen process for banks: UCO Bank MD & CEO

Soma Sankara Prasad believes the process of identifying an account as fradulent would be akin to that of determining wilful defaulters

Steelmakers press for higher auto contract prices after three quarters

Spot steel prices have been rising both globally and at home since December; a hike of over 12% in the domestic market would have been the basis of negotiations for the upcoming contracts

Srei promoters dispute insolvency proceedings; next hearing on March 31

Government had suspended fresh insolvency proceedings through an ordinance in June 2020

Coal India has strong case to increase prices, talks on: CMD Agrawal

Miner needs to be 'adequately compensated'; stakeholders being consulted before a decision

Tea exports to Russia soar 21%, belying war worries; some lost share gained

Sri Lanka crisis, sanctions on Russia that made sourcing from other countries difficult help domestic industry post better numbers

ITC's diversification into non-cigarette biz shows critical mass in profits

But ITC's strong run currently is not restricted to a single segment - all businesses are on a high

SAIL finalising plans to nearly double capacity to 34-35 mt by 2030-31

In next 3-4 years, it will add about 3 mn tonnes by sweating existing assets and debottlenecking, at a likely capex of Rs 10,000-11,000 crore

Manipal Health Enterprises set to buy AMRI Hospitals for Rs 2.3K crore

Temasek will buy controlling stake in Manipal at $4-billion valuation