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GOI approves Konoike Transport as buyer of Ferro Scrap Nigam for Rs 320 billion

FSNL, founded in 1979, specialises in recovering and processing scrap from slag in steel plants.Read more

Inter-ministerial group to develop credit guarantee scheme for MSMEs

The MSME ministry will present the scheme to the Expenditure Finance Committee for approval following a series of consultations with stakeholders.Read more

India-Asean trade agreement review in July

The ministry disclosed that eight sub-committees have been formed to address various policy aspects of the agreement, with five already engaged in discussions.Read more

Indian Armed forces make strategic moves following UAV, helicopter studies

According to defense sources, the study on UAVs has been completed, resulting in a recommendation to procure 31 MQ-9B High Altitude Long Endurance (HALE) UAVs and 155 Medium Altitude Long Endurance (MALE) UAVs.Read more

Indian Steel Association urges govt action amid surge in Chinese imports

Alok Sahay, the secretary general of the group representing India's steel producers, emphasised the need for systemic changes.Read more

India's Semiconductor industry aims to create 1.2 million jobs

Notably, the chip design sector is poised to play a pivotal role, necessitating the recruitment of 275,000 individuals with diverse educational backgrounds.Read more

DRDO, L&T join hands for realisation of Indigenous AIP System for Indian Navy

Larsen & Toubro and DRDO under contract for realisation will work on Air Independent Propulsion (AIP) System Modules for Kalvari Class of Submarines of the Indian Navy.Read more

Tata Steel Mining all set to acquire Rohit Ferro-Tech

Tata Steel Mining Ltd (TSML), a wholly-owned subsidiary of Tata Steel Limited, announced that it is the successful resolution applicant for Kolkata-based ferrochrome maker Rohit Ferro-Tech Ltd (RFT). Read more

CERC appoints IESA President Dr Rahul Walawalkar to its advisory committee

IESA has given recommendations to CERC in the past to bring necessary amendments in the regulatory framework.Read more

Indian Steel Association submits representations to RODTEP Committee

The issues and concerns raised by ISA were well taken and a timeline of 4 weeks was also allowed for collection and collation of the data for the members. Read more

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