News for 'Steel Co'

Hindutva influencer Swatantra Bhardwaj held hours after viral video

Hindutva influencer Swatantra Bhardwaj held hours after viral video

Rediff.com6 days ago

Hindutva influencer Swatantra Bhardwaj was detained in Uttar Pradesh following a protest by the Cockroach Janta Party (CJP) demanding his arrest for allegedly assaulting a student's father and bragging about it, while the victim's daughter reported receiving rape threats and online abuse.

Amit Bhatia-Jeff Bezos set to buy stake in Liverpool FC

Amit Bhatia-Jeff Bezos set to buy stake in Liverpool FC

Rediff.com10 Aug 2026

The consortium is being led by Amit Bhatia, the son-in-law of steel magnate Lakshmi Mittal and a former shareholder in English second-tier club Queens Park Rangers.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

Amit Bhatia-led consortium acquires minority stake in Liverpool football club

Amit Bhatia-led consortium acquires minority stake in Liverpool football club

Rediff.com16 Aug 2026

Premier League club Liverpool FC has finalised a deal to sell a minority equity stake to a consortium led by British-Indian businessman Amit Bhatia.

Mittal to buy stake in Chinese steel co

Mittal to buy stake in Chinese steel co

Rediff.com23 Sep 2005

The world's largest steelmaker, Mittal Steel Co. will buy 36.7 per cent stake for $316 million in China's Hunan Valin Steel Tube & Wire Co.

Will Trump Impose 100 Per Cent Tariffs On India?

Will Trump Impose 100 Per Cent Tariffs On India?

Rediff.com31 Jul 2026

It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.

FIFA World Cup 2026: Trump factor, political heat sour Canada's excitement

FIFA World Cup 2026: Trump factor, political heat sour Canada's excitement

Rediff.com18 Jun 2026

US president Donald Trump in recent weeks has renewed threats to make Canada the 51st US state, and said he might not renew the trilateral trade agreement between the US, Canada and Mexico -- the co-hosts of this year's World Cup.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

Stock Markets today: Sensex, Nifty Rebound on Sun Pharma Acquisition News

Stock Markets today: Sensex, Nifty Rebound on Sun Pharma Acquisition News

Rediff.com27 Apr 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade after three days of decline, driven by a rally in Sun Pharma following its USD 11.75 billion acquisition of US-based Organon & Co, alongside a positive trend in global equity markets.

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

Rediff.com26 Sep 2025

The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.

Tata Steel's Dutch arms face euro1.4 bn lawsuit over pollution allegations

Tata Steel's Dutch arms face euro1.4 bn lawsuit over pollution allegations

Rediff.com27 Dec 2025

Tata Steel's two Dutch subsidiaries are facing a 1.4 billion lawsuit in the Netherlands alleging health and property damage caused by emissions from the company's steelmaking operations, a charge which the Indian conglomerate labelled as "unsubstantiated and speculative". In an exchange filing, Tata Steel said that environmental group Stichting Frisse Wind.nu (SFW) has served a writ of summons on Tata Steel Nederland BV and Tata Steel IJmuiden BV on December 19.

Mexico lights up FIFA 2026 World Cup opener in style

Mexico lights up FIFA 2026 World Cup opener in style

Rediff.com11 Jun 2026

With Mariachi costumes, trumpets, and a sea of dark green support, Mexico City has opened the World Cup on Thursday, as fans packed the famous Azteca stadium ahead of the opening game between Mexico and South Africa, amid a backdrop of protests around the capital.

What makes this loss-making steel co so attractive?

What makes this loss-making steel co so attractive?

Rediff.com14 Apr 2021

India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.

Steel industry flags price pressure from cheap imports

Steel industry flags price pressure from cheap imports

Rediff.com27 Oct 2025

Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.

How Cold-Rolled Engineering Can Transform Mining

How Cold-Rolled Engineering Can Transform Mining

Rediff.com6 May 2026

Experts say cold-rolled formed engineering solutions are driving a sustainability shift in the mining sector as the process generates minimal scrap, which can reduce waste generation by up to 80 per cent compared to conventional methods.

IBC-tax law mismatch clouds loss carry-forward benefits

IBC-tax law mismatch clouds loss carry-forward benefits

Rediff.com2 May 2026

A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Rediff.com3 May 2025

The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.

Why steel tycoon Lakshmi Mittal is leaving UK

Why steel tycoon Lakshmi Mittal is leaving UK

Rediff.com23 Nov 2025

Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country's richest billionaires tally, has decided to quit the UK as the Labour Party-led government's feared tax shake-up for the super-rich nears, according to a UK media report on Sunday.

SC recalls verdict ordering liquidation of Bhushan Power and Steel

SC recalls verdict ordering liquidation of Bhushan Power and Steel

Rediff.com31 Jul 2025

In a significant development, the Supreme Court on Thursday recalled its controversial May 2 verdict that had ordered liquidation of Bhushan Power & Steel Limited (BPSL) while setting aside a resolution plan of JSW Steel Limited for the ailing firm. A bench comprising Chief Justice B R Gavai and Justice Satish Chandra Sharma observed that the May 2 judgment, authored by Justice Bela M Trivedi, since retired, did not "correctly consider the legal position as has been laid down in the catena of judgments".

Power sector CO2 emissions fall for second time in 50 Years

Power sector CO2 emissions fall for second time in 50 Years

Rediff.com25 Sep 2025

India's power sector CO2 emissions fell in H1 2025 for the first time in nearly 50 years (outside the pandemic), thanks to record renewable growth and lower coal use from cooler, wetter weather.

Italy STUNNED! Bosnia end World Cup hopes again

Italy STUNNED! Bosnia end World Cup hopes again

Rediff.com1 Apr 2026

Italy's World Cup drought continues after a playoff loss to Bosnia, while the Czech Republic and Sweden secured their spots in the tournament with dramatic victories over Denmark and Poland, respectively.

Bhushan Steel Case: Urgent Need For IBC Reforms

Bhushan Steel Case: Urgent Need For IBC Reforms

Rediff.com29 May 2025

The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.

East India Company Shuts Down Again

East India Company Shuts Down Again

Rediff.com27 Feb 2026

The East India Company, revived by Indian businessman Sanjiv Mehta in 2010, has ceased operations and entered liquidation, marking the end of its modern incarnation.

The Akshay Kumar You Don't Know

The Akshay Kumar You Don't Know

Rediff.com5 Mar 2026

The mood shifted the moment someone said, 'Akshay sir is outside.' And there he was, not in a tailored suit under dramatic lighting, but in casual, loose-fitting shirt and track pants, and sneakers, smiling like a college kid. Mayur Sanap reports from the Wheel Of Fortune set.

Lessons To Learn From The Tatas

Lessons To Learn From The Tatas

Rediff.com30 Jan 2026

Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.

'Sovereignty in foundational industries is critical for countries'

'Sovereignty in foundational industries is critical for countries'

Rediff.com22 Oct 2025

'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

Shashi Ruia, co-founder of Essar group, passes away

Shashi Ruia, co-founder of Essar group, passes away

Rediff.com26 Nov 2024

Essar Group co-founder Shashi Ruia has died after a prolonged illness. He was 80.

No Anderson at Leeds: Gill & Co. can breathe easy

No Anderson at Leeds: Gill & Co. can breathe easy

Rediff.com18 Jun 2025

To say the least, a relatively inexperienced batting line up led by Shubman Gill would be relieved to see the name of James Anderson

World Champions Set For Brand Windfall

World Champions Set For Brand Windfall

Rediff.com4 Nov 2025

Harmanpreet Kaur, Smrit Mandhana, Deepti Sharma, Shafali Verma, and Jemimah Rodrigues are poised to see an uplift of 25 to 35 per cent in brand value.

The Importance Of Putin's India Visit

The Importance Of Putin's India Visit

Rediff.com4 Dec 2025

The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.

Mittal Steel's first venture in China

Mittal Steel's first venture in China

Rediff.com15 Jul 2005

Global steel giant Mittal Steel Co has bought its first stake in China's steel industry, purchasing a 37 per cent share of a state-owned steel mill, a news report said on Friday.

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Rediff.com26 Jun 2025

Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Rediff.com7 Jul 2025

The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.

Tata Steel investment positive for UK ops, but stock has not moved much

Tata Steel investment positive for UK ops, but stock has not moved much

Rediff.com26 Sep 2023

Tata Steel UK is reformatting its operations in Port Talbot by investing 1.25 billion in an electric arc furnace facility with the UK government contributing 500 million. The project will take around three years to complete, if all the regulatory clearances come through. The facility will use scrap and be classified as green since it will utilise renewable power and cut carbon emissions considerably.

Sterlite group revives Orissa steel project

Sterlite group revives Orissa steel project

Rediff.com15 Jan 2007

The Sterlite group is gearing up to revive its steel project in Orissa in partnership with a foreign company

Factors that will guide the marlets this week

Factors that will guide the marlets this week

Rediff.com11 May 2025

The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.

Four IPOs worth Rs 6600 to hit D-Street next week

Four IPOs worth Rs 6600 to hit D-Street next week

Rediff.com25 May 2025

The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively.

Steel Man of India, Jamshed J Irani, passes away at 86

Steel Man of India, Jamshed J Irani, passes away at 86

Rediff.com1 Nov 2022

Jamshed J Irani, known as the steel man of India, died in Jamshedpur late Monday night, Tata Steel said. He was 86. "The Steel Man of India passes away. It is with profound grief that Tata Steel informs of the demise of Padma Bhushan Dr Jamshed J Irani," Tata Steel said in a statement. He passed away on October 31, 2022 at 10 PM at TMH (Tata Hospital) in Jamshedpur, it said.

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Rediff.com22 May 2025

For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.