JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Kalyani Steels Ltd on Wednesday said it has emerged as a successful bidder to acquire assets of Kamineni Steel and Power India, under liquidation.
A cash consideration of Rs 450 crore is to be paid for the acquisition of assets on or before April 7, 2024, Kalyani Steels said in a regulatory filing.
The company has already paid Rs 23 crore as earnest money deposit for participation in an e-auction conducted on Friday, January 5, for the sale of the assets, it added.
Also Read : Ministry requests comments by March 20 on coal gasification scheme India's nuclear power capacity to surge threefold to 22,800 MW by 2031-32: Jitendra Singh
Tata Steel to cut ~800 jobs in the Netherlands, ~20% of Dutch workforce. Move aims to support susta...
Business 09-Apr-2025
Tata Steel has obtained funding under the Indo‑Sweden Industry Transition Partnership (ITP) to spear...
Construction 09-Dec-2025
JSW Energy, an Indian power company, has announced a 28% year-on-year increase in its net profit for...
Large Corporate 23-Jan-2024
India will continue to rely heavily on electricity generated using coal during the ensuing summer se...
Announcement 03-Apr-2024
Akasa Air, the Mumbai-based airline, has announced an order for over 300 CFM LEAP-1B engines to powe...
Large Corporate 27-Jan-2024
The Indian government is working with domestic steel producers to build a single platform for import...
Notification 16-Jul-2024