Page 4 - Aditi Divekar

Outlook for exports of engineering goods looks strong for rest of CY 2021

India's engineering goods exports continued the uptrend and posted a 52.61 per cent increase in June 2021 over the same period last year

Anil Agarwal-led Vedanta Limited plans $5-billion capex for 3 years

A major chunk of this capex would go into oil and gas business

India Inc getting back in biz with no-jab-no-entry, thrust on vaccine drive

Companies gear up to protect employees after second wave disrupts operations

Steel makers push for exports as rural stress impacts domestic demand

Rural off-take has taken a hit due to increased spend on health and lower incomes

Monetise reserves or get set for auction: Oil minister Pradhan to ONGC, OIL

Speaking at BNEF Summit on Tuesday, Pradhan said the two state-owned firms cannot indefinitely sit on resources when the nation is a net importer of oil and gas

Monetise reserves or get set for auction: Oil minister Pradhan to ONGC, OIL

Speaking at BNEF Summit on Tuesday, Pradhan said the two state-owned firms cannot indefinitely sit on resources when the nation is a net importer of oil and gas

Adani Ports to expand cargo ops, eyes 500 million tonne throughput by 2025

Company enjoys a 25% market share of India's exim cargo, wants to ramp it up to 40%

Decarbonisation, ESG a challenge and opportunity for steelmakers: EY Report

The major challenge that remains in the face of more stringent emission targets is to significantly reduce emissions in the steelmaking process, says the report

With massive investment plans, steel leads India Inc's capacity expansion

Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters

IFSCA sets up committee to develop avenues for ship financing, leasing

The panel, to be chaired by Vandana Aggarwal, former Sr Economic Advisor, Govt of India will include representatives from GOI, Gujarat Maritime Board and industry experts

Domestic cold chain biz struggles to keep up volumes to recover investment

Compared to similar geographies, like Thailand, Malaysia and China, Indian players make just about 1-2 per cent PAT as against 10-15 per cent PAT in these countries

India imports bauxite worth Rs 390 crore until Jun 10: IIVCC

This, despite its position as the country with the fifth-largest deposits of the mineral in the world

Govt should provide Rs 3-trn stimulus to perk up domestic demand: CII

Industry body also seeks expansion of RBI balance sheet to meet demand exigencies, suggests ways to accelerate Covid vaccination

Mazagon Dock Shipbuilders puts Rs 2K-crore greenfield capex on hold

The company plans to continue with its annual maintenance capex of Rs 100 crore for FY22

Fitch Ratings affirms Adani Ports at 'BBB-'; outlook negative

About 56% of firm's cargo is sticky, which includes contractual take-or-pay cargo, or that which is unlikely to be diverted to other ports due to infra curbs

SAIL sits on 42 mn tonnes of sub-grade ore, mulls beneficiation plant

As on March 31, 2020, SAIL valued its inventory of 42.98 million tonne at net realisable value of Rs 3,792 crore.

JSW Cement enters construction chemical segment with green product category

Company commences market roll-out from Karnataka; sets up new manufacturing unit in Karnataka

Covid second wave to result in 25% reduced cement offtake in Q1FY22: ICRA

With most states imposing lockdowns due to the spread of Covid-19 infections to rural regions,

Gati Ltd looks to shut two more businesses post cold chain exit

In May, Gati Ltd exited its cold chain solutions business, Gati Kausar India Ltd, to focus on express distribution and e-commerce.

Room for domestic steel price hike paves way for Rs 76,500 cr investments

Indian steel still quotes at a 20-25% markdown in global prices