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JSW Steel to invest Rs.1,282 cr to relaunch its Italian steel mills

New Delhi, March 1 -- Sajjan Jindal-led JSW Steel, on Friday, announced that it is going to invest €143 million, or about Rs.1,282 crore, to help relaunch its Italian steel mill in Piombino. The... Read More


FanCode to stream F1 in India for the next two seasons

New Delhi, Feb. 29 -- FanCode, the Indian sports OTT platform, on Thursday, unveiled a partnership with Formula 1 (F1) motor racing, securing exclusive broadcast rights for the Indian market for the 2... Read More


Social sector spending short of target, deficit to reach Rs.15 tn by FY28

New Delhi, Feb. 29 -- India's social sector spending deficit could increase to Rs.15 trillion by fiscal year 2028, as it continues to remain below NITI Aayog's recommended spending threshold. Accordi... Read More


Roche launches multiple sclerosis drug Ocrevus in India

New Delhi, Feb. 27 -- Roche Pharma India, a subsidiary of the Swiss pharmaceutical giant Roche, has launched monoclonal antibody drug, Ocrevus (ocrelizumab) in India for the treatment of multiple scle... Read More


Hindalco on track to meet clean energy targets two years ahead

New Delhi, Feb. 19 -- Aluminium major Hindalco Industries is putting a major thrust into its sustainability projects as the company expects to realize the first phase of its interim green house gas (G... Read More


JSW to pump in Rs.65,000 crore in Odisha for integrated steel plant

New Delhi, Feb. 17 -- JSW Steel Ltd, India's largest steelmaker by capacity, will invest Rs.65,000 crore in Odisha to set up one of its biggest manufacturing plants, adding to the country's efforts to... Read More


JSW to invest Rs.65,000 cr for greenfield steel, cement plants in Odisha

New Delhi, Feb. 16 -- JSW Steel, part of the $23 billion JSW Group, on Friday, announced that the company has laid the foundation stone for its Rs.65,000 crore greenfield integrated steel manufacturin... Read More


Hindalco Q3 net jumps 71% as aluminium, copper biz shine

New Delhi, Feb. 13 -- Hindalco Industries, the flagship company of the Aditya Birla group, on Tuesday reported a 71% year-on-year jump in its consolidated net profit to Rs.2,331 crore for the quarter ... Read More


Eris Lifesciences acquires 51% stake in Swiss Parenterals for Rs.637.50 crore

New Delhi, Feb. 13 -- Eris Lifesciences Ltd on Tuesday said it has acquired a 51% stake in the Swiss Parenterals Ltd (SPL) for Rs.637.50 crore, aiming to expand its presence in the sterile injectables... Read More


JSW forms joint venture with Japan's JFE to produce electric steel by 2027

New Delhi, Feb. 13 -- JSW Steel Ltd has announced the formation of a 50:50 joint venture with Japanese steel manufacturer JFE Steel Corporation to produce grain-oriented electrical steel in India. Th... Read More