In telephonic Q&A, the MD & CEO of India's oldest steel producer, dwells on how his firm kept domestic operations ready for the pandemic, taking cues from Europe much before lockdown got announced
Weak steel demand, high debt are among concerns that weigh on forward outlook
Anti-dumping duty on Galvalume steel is positive but more is required to boost the sector ailing
The company had a profit of Rs 4,252.50 crore in the corresponding period last year
Anti-dumping duty on Galvalume steel is positive but more is required to boost the sector ailing under low demand and realisation
Products sold in rural markets like tractors and motorcycles and roofing sheets were leading the recovery, says T V Narendran
These shares are worth a fourth of the fully-paid up shares of RIL that are traded on the bourses
According to FNV Union, this meant that raw materials were no longer available for the blast furnaces, pellet factory and sinter factory.
Shrinking domestic demand offers the industry the chance to become globally competitive
In others, it's too early to predict; while in some, once pent-up demand has been satisfied, it could fall again
However, the CCI added it had decided not to impose a penalty, saying the "ends of justice would be met if the parties cease such cartel behaviour and desist from indulging in it".
To an extent, leaders do sell dreams to their followers but that should not become a litany of unfulfilled promises
Workers at the Dutch subsidiary have been unhappy since the sudden departure last month of their CEO, Theo Henrar
The Sensex gained for the fourth consecutive day, rising 879 points, or 2.7%, to end at 33,303, while the Nifty rose 246 points, or 2.6%, to end at 9,826
The Indian Steel Association has forecast an 8 per cent drop in domestic demand in FY21
Baosteel, SSAB also in race for German steel firm
Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs
In a two-part series, Business Standard takes a look at the capital expenditure plans of firms in key sectors and how they plan to fund it
An ISA President is elected for a period of two years
UK media reports suggested that the size of the package could be £500 million.