Arcelormittal Nippon Steel Targets 10 Lakh Tonnes Colour-Coated Steel Capacity by 2026
By Rediff Money Desk, Mumbai Aug 23, 2024 22:31
Arcelormittal Nippon Steel India aims to boost its colour-coated steel capacity to 10 lakh tonnes by 2026, aiming for a 27% market share. The company currently produces 7 lakh tonnes annually.
![Arcelormittal Nippon Steel Targets 10 Lakh Tonnes Colour-Coated Steel Capacity by 2026](https://im.rediff.com/money/2023/jul/18steel.jpg)
Photograph: Amit Dave/Reuters
Mumbai, Aug 23 (PTI) Arcelormittal Nippon Steel India on Friday said it is aiming to increase the colour-coated steel capacity to 10 lakh tonnes per year by 2026 from the present 7 lakh tonnes.
The company is aiming to grow its market share to up to 27 per cent from 20-22 per cent at present, the company said in a statement.
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Piramal Finance enters in co-lending tie-up with Central bank of India
* Non-bank lender Piramal Finance on Friday said it is entering into a co-lending tie-up with state-run Central Bank of India.
The partnership aims to provide accessible loans to middle and low-income borrowers in rural and semi-urban regions across India, according to a statement.
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Tata AIA launches new term plan
* Tata AIA Life has launched a new term plan offering benefits, including 15 per cent lower premium amounts for women.
The product christened 'Sampoorna Raksha Promise' also includes an instant payout of Rs 3 lakh on death claim notification and payment of half of the sum assured upon terminal illness diagnosis, according to a statement.
The company is aiming to grow its market share to up to 27 per cent from 20-22 per cent at present, the company said in a statement.
*****
Piramal Finance enters in co-lending tie-up with Central bank of India
* Non-bank lender Piramal Finance on Friday said it is entering into a co-lending tie-up with state-run Central Bank of India.
The partnership aims to provide accessible loans to middle and low-income borrowers in rural and semi-urban regions across India, according to a statement.
*****
Tata AIA launches new term plan
* Tata AIA Life has launched a new term plan offering benefits, including 15 per cent lower premium amounts for women.
The product christened 'Sampoorna Raksha Promise' also includes an instant payout of Rs 3 lakh on death claim notification and payment of half of the sum assured upon terminal illness diagnosis, according to a statement.
Source: PTI
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