The second coming of steel: New tycoons rise where the 'dirty dozen' fell

Mumbai, Nov. 9 -- At the beginning of 2025, Maharashtra-based mining company Lloyds Metals and Energy Ltd made headlines for granting stock options to its blue-collar workers, including some former Ma... Read More

Evonith targets aggressive ramp-up in steel capacity by 2030

New Delhi, Nov. 6 -- Nithia Capital-owned Evonith Steel, which acquired the bankrupt Uttam Group in 2020, has now set a target to become India's fifth-largest steelmaker. The company plans to scale u... Read More

Jindal Steel management churn: New CEO calms investor nerves, says he tends to 'stick around'

Mumbai, Oct. 30 -- Less than 24 hours after his appointment, Jindal Steel Ltd's new chief executive officer (CEO) Gautam Malhotra sought to calm investor nerves on the high churn of senior executives ... Read More

Silver surge, weak rupee lift Hindustan Zinc's Q2 profit despite lower output

Mumbai, Oct. 17 -- The ongoing silver rally and a weaker rupee helped Hindustan Zinc Ltd report a 14% year-on-year jump in its profit for the September quarter, offsetting a sharp dip in metal product... Read More

Demand for this precious by-product is surging, but where's the supply?

Mumbai, Oct. 11 -- Demand for silver has soared on the back of rising industrial use and investor frenzy, but supply is constrained. This demand-supply mismatch is unlikely to ease in the near term, a... Read More

Road contractors eye tender boost in second half of FY26 after two lean years

Mumbai, Oct. 9 -- After a prolonged slowdown in orders, India's road construction giants are keeping their fingers crossed for a long-awaited revival. With highway contracts from the National Highway ... Read More

India's Jindal closes in on Thyssenkrupp Steel as EP Group checks out

Mumbai, Oct. 2 -- German steelmaker Thyssenkrupp has called off its joint venture plan with Czech billionaire Daniel Kretinsky's EP Group, as it considers rival suitor Naveen Jindal's acquisition offe... Read More

Lloyds's new steel bet faces a trifecta of challenges-demand, costs, and Maoists

Mumbai, Oct. 1 -- India is set to get its second primary steel company in 15 years as Lloyds Metals and Energy Ltd prepares to launch primary steel manufacturing operations in Maharashtra. However, ch... Read More

Why don't independent directors call out red flags when they quit?

Mumbai, Sept. 18 -- By quitting India Gate basmati rice maker KRBL Ltd's board on 8 September over governance issues, Anil Kumar Chaudhary joined a rare group-only the 22nd independent director in six... Read More

Naveen Jindal makes an offer to buy the steel business of Germany's Thyssenkrupp

New Delhi, Sept. 16 -- Naveen Jindal-led Jindal Steel International has made an offer to acquire the European steel assets of German industrial engineering and steel production major Thyssenkrupp AG, ... Read More

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