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Naveen Jindal eyes African Venture, Steel Mill in Nigeria, Power Plant in Botswana
In this endeavour, Vulcan Steel, a privately held entity under the Jindal family's purview, has committed to constructing a steel plant with an annual production capacity of 3 million metric tonnes (mtpa).Read more
Jindal's Stainless Steel Park in Odisha set to attract Rs 10,000 cr Investments, 20,000 jobs
In December of the previous year, Odisha Chief Minister Naveen Patnaik ceremoniously laid the foundation stone for this groundbreaking project.Read more
Sourav Ganguly ventures into Steel Industry in West Bengal
Addressing the 'Bengal Global Business Summit (BGBS)' in Madrid, Ganguly further stated his confidence in completing the cutting-edge facility within a year's time.Read more
Jindal stainless invests Rs 1 bn in Rathi Super Steel
Earlier this year, Jindal Stainless acquired Rathi Super Steel, which was grappling with debt issues, for approximately Rs 2 billion through the debt resolution processRead more
Odisha Govt approves Rs 1 lakh crore investment in nine key projects
Chief Minister Naveen Patnaik granted approval to the projects which promise to create employment opportunities for a substantial workforce of 28,565 individuals across diverse sectors.Read more
India imposes anti-dumping duty on Chinese Steel amid Surging Imports
China managed to surpass South Korea to become the largest steel exporter to India, selling 0.6 million metric tons between April and July.Read more
Tata Steel launches fully automated Construction Service Centre in UP
The fully automatic downstream manufacturing facility has a production capacity of 3,500 TPM (tonnes per month), and the company plans to set up another 10 such centres at different locations in the country.Read more
Tata Steel, ABB India collaborate to cut carbon in steel production
The partnership between these two companies will primarily involve comprehensive assessments of Tata Steel's manufacturing facilities, with a focus on evaluating and jointly developing strategies to enhance energy efficiency.Read more
L&T secures $3.9 bn contracts for Saudi Aramco's Jafurah expansion
L&T's market capitalisation surpassed the Rs 4 trillion mark for the first time ever, reaching an intraday high of Rs 4.01 trillion before settling at Rs 4 trillion.Read more
AVAADA Group partners with Tata Steel SEZ for Green Hydrogen & Ammonia Unit in Odisha
The unit will be set up at Gopalpur Industrial Park in Ganjam district in Odisha. The project is expected to generate around 1,600 direct and 4,000 indirect employment opportunities and aims to curtail nearly 2 million tonne of Co2 emissions annually.Read more
