Search result for 'special steel'

25 companies commit Rs 17,000 crore investment under the second phase of the PLI Scheme for speciality steel, aiming to boost domestic production of high-grade steel.

India's steel ministry received 73 applications under the second round of PLI scheme for specialty steel, aiming to boost domestic production and reduce reliance on imports.

SAIL supplied 4,000 tonnes of special steel for INS Nilgiri, a new Indian Navy warship commissioned in Mumbai. The steel included DMR 249A grade hot-rolled sheets and plates.

Punjab Chief Minister Bhagwant Mann assures full support to Vardhman Special Steels for setting up a Rs 1,750 crore special alloy steel manufacturing unit in the state.

Goodluck India's profit after tax (PAT) surged by 30% to Rs 45.06 crore in the September 2024 quarter, driven by higher income and robust demand. The company's total income also rose significantly.

India's government plans to introduce a new PLI scheme for speciality steel after the initial scheme fell short of expectations. The initiative aims to boost domestic production and cater to...

Union Minister H D Kumaraswamy hails the Budget's focus on empowering small & medium-scale industries, emphasizing their role in job creation and economic growth.

Vibhor Steel Tubes Ltd (VSTL) has doubled its special steel manufacturing capacity at its Telangana plant to 48,000 tonnes. The company has also inaugurated a new Galvanizing Iron (GI)...

Sanyo Special Steel has received CCI approval to acquire an additional 15.43% stake in Sanyo Special Steel Manufacturing India (SSMI) from Mitsui & Co., making Sanyo the sole shareholder of SSMI.

JSW Steel achieved a record output of 26.43 million tonnes of crude steel in FY24, marking a 9% year-on-year growth. The company also saw strong performances in its Indian and US operations.

A fire broke out at SAIL's Bokaro Steel Plant in Jharkhand, leading to 23 workers being hospitalized for smoke exposure. The incident occurred during scheduled maintenance work. No casualties were...

JSW Group Chairman Sajjan Jindal announces plans to double investments in Tamil Nadu across sectors, praising the state's pro-business environment and commitment to renewable energy.

Workers at RINL, a steel company slated for privatization, were paid salaries in the first week of September and October due to liquidity constraints. The government is seeking to reduce the...