Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
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 : PM Modi unveils over ₹1,330 crore worth of projects PM Gati Shakti to become infrastructure planning tool for entire world: Union minister Goyal
Tata Steel, in partnership with TRL Krosaki, has launched a new sustainability initiative by introdu...
India 05-Sep-2025
Mukand Sumi Special Steel Limited (MSSSL), a joint venture between the Bajaj Group and Sumitomo Corp...
India 01-Sep-2025
US to impose a 50% tariff on steel imports from June 4, 2025. Move aims to shield domestic steelmak...
US 31-May-2025
Govt to double steel safeguard duty to 24%.Seeks to contain cheap...
Business 02-Jun-2025
Copper prices resumed their downward path on Wednesday, weighed down by a stronger dollar and more b...
China 28-Feb-2024
The share of 'four-lane and above' highway stretches completed in the country between April and Janu...
Construction 19-Feb-2024