Steel
SC quashes all mining lease renewals in Goa
07 Feb 2018
The apex court has directed almost all mining companies in the state to stop operations by 15 March and also asked the centre to issue fresh environmental clearances if these mines are to continue operations
ArcelorMittal to sell entire 29% stake in Uttam Galva at Re1 a share
06 Feb 2018
ArcelorMittal, which is planning to make a strong pitch for distressed assets, has to get rid of the tag of the promoter of a stressed asset in order to become an eligible bidder for stressed assets on the block
Tata Steel raising $2.15 bn to refinance existing debt
28 Dec 2017
Tata Steel Ltd has initiated the process of raising $2.15 billion in six-year syndicated loans as part of its $5.1 billion loan programme to refinance its existing debt
Thyssenkrupp to cement Tata Steel deal with offer to workers
11 Dec 2017
Thyssenkrupp and Tata Steel had in September agreed to merge their European steel operations, creating Europe’s second largest steelmaker
SAIL-ArcelorMittal automotive steel tie-up soon, AP likely locale: minister
09 Dec 2017
According to union steel minister Chaudhary Birender Singh a joint venture between state-owned SAIL and LN Mittal's ArcelorMittal to produce high-end automotive steel will be signed soon
Tata Steel returns to profit with Rs1,018-crore Q2 net
31 Oct 2017
Tata Steel’s profit was boosted by strong volume growth following the ramp-up of its Kalinganagar plant in India and divestment of loss-making UK operations
Tata Steel, Thyssenkrupp to merge European flat steel operations
20 Sep 2017
The 50:50 joint venture, to be named Thyssenkrupp Tata Steel, will create the second-largest steel company in Europe and is expected to take shape at the beginning of next year after it receives the approval of the European Union
Tata Steel exits British Steel Pension scheme; decks cleared for ThyssenKrupp merger
12 Sep 2017
Tata Steel has made a one-time payment of £550 million to unbundle itself from the British Steel Pension scheme, a move that would clear the path for merger of its European steel business with Thyssenkrupp
Tata Steel back in the black with Q1 net profit of Rs921 cr
07 Aug 2017
Total steel deliveries in the first quarter were up about 9 per cent at 5.83 million tonnes, with domestic deliveries accounting for 47 per cent of the total
NCLT admits insolvency petition against Essar Steel
03 Aug 2017
The Ahmedabad bench of the NCLT rejected Essar Steel’s plea to dismiss the insolvency proceedings and ordered the appointment of the SBI-nominated Satish Kumar Gupta as the Interim Resolution Professional
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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