JSW Steel seeking legal opinion for Essar Steel solo bid
NEW DELHI: JSW Steel Ltd is seeking a legal opinion if it can bid solo for stressed assets of Essar Steel if fresh bids were allowed, joint managing director Seshagiri… Read more »
Category: Allied Industries
Fanzart introduces its Crystal Ceiling Fan for Rs. 79,990
NEW DELHI: Luxury Fan Brand, Fanzart said that it has laucnhed its range of Fandeliers, with ‘Crystal Ceiling Fans’, for Rs. 79,990. Bringing the perfect amalgamation of Fans and Chandelier, the… Read more »
South catching up with rest of country in cement demand: India Cements
CHENNAI: The demand for cement is slowly picking up in southern states following an increase in infrastructure and housing sector projects, vice-chairman and managing director of India Cements N Srinivasan… Read more »
CCI dismisses complaint against Shree Yashashree Construction
NEW DELHI: The Competition Commission of India (CCI) has dismissed a complaint alleging unfair business practices against real estate firm Shree Yashashree Construction with regard to sale of residential flats… Read more »
Jindal Stainless Group aims 15-20 per cent jump in topline in FY19
NEW DELHI: The Jindal Stainless Group — Jindal Stainless Ltd and Jindal Stainless (Hisar) Ltd — is aiming at a 15-20 per cent jump in topline in the 2018-19 fiscal,… Read more »
Prism gets lime stone mines lease in Madhya Pradesh
NEW DELHI: Cement maker Prism Johnson said that it has got a lime stone mine on lease from the Madhya Pradesh government. The mine in Satna district has about 77… Read more »
JSW Steel makes Rs 19,700-crore offer for Bhushan Power and Steel
NEW DELHI: JSW Steel has submitted a resolution plan of Rs 19,700-crore to the Committee of Creditors of debt-laden Bhushan Power and Steel Ltd, a source in the know of… Read more »
Tata Steel posts more than double net profit in Q1
MUMBAI: Tata Steel on Monday reported more than double consolidated net profit at Rs 1,934 crore in the quarter ended June 30, as compared to Rs 921 crore in the… Read more »
NCLAT upholds Bhushan Steel sale to Tata Steel, rejects issues over its ineligibility
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Friday upheld the sale of Bhushan Steel to Tata Steel, rejecting allegations of its ineligibility by the promoters of the… Read more »
IKEA opens first India store
NEW DELHI: Swedish home furnishings major IKEA today opened its first store in India, kicking off its retail journey five years after it received approval to invest in the country’s… Read more »