News for 'steel'

Sensex slips below 80K; Nifty scales new high

Sensex slips below 80K; Nifty scales new high

Rediff.com5 Jul 2024

Among the 30-share Sensex pack, State Bank of India, Reliance Industries, Hindustan Unilever, NTPC, Larsen & Toubro, Nestle India, Power Grid, ITC, JSW Steel and Sun Pharmaceuticals were the major gainers. On the other hand, HDFC Bank, Titan, Mahindra & Mahindra, IndusInd Bank, UltraTech Cement, Tata Motors, HCL Technologies and Asian Paints were among the laggards.

Mandya tense after violence during Ganpati visarjan, 52 held

Mandya tense after violence during Ganpati visarjan, 52 held

Rediff.com12 Sep 2024

Police said 52 people have been arrested following Wednesday night's incidents and prohibitory orders preventing the assembly of more than four people have been imposed in Nagamangala town in Mandya district till September 14 as a precautionary measure.

Budget has good news for Chinese steel mills

Budget has good news for Chinese steel mills

Rediff.com12 Feb 2021

Spiraling steel prices led the government to cut customs duty by 2.5-5.5 per cent on a range of products from semi-finished to flat and long products for the benefit of MSMEs, that have been at the receiving end.

Tata Steel Ches: Indian GM Vidit shoots into lead

Tata Steel Ches: Indian GM Vidit shoots into lead

Rediff.com18 Jan 2022

Indian Grandmaster Vidit Gujrathi prevailed over Russia's Daniil Dubov in the third round to become the sole leader with 2.5 points in the prestigious Tata Steel Masters chess tournament in Wijk Aan Zee, The Netherlands.

Infra sectors' growth slows to 15-month low of 3.6% in January

Infra sectors' growth slows to 15-month low of 3.6% in January

Rediff.com29 Feb 2024

The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6 per cent in January, on account of poor performance of sectors like refinery products, fertiliser, steel and electricity, according to the official data released on Thursday. The growth of eight core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.9 per cent in December. It was 9.7 per cent in January 2023.

Wipro, Tata Steel may dislodge ONGC from BSE Sensex

Wipro, Tata Steel may dislodge ONGC from BSE Sensex

Rediff.com29 Apr 2021

The 30-share bluechip index is rebalanced on a semi-annual basis with next rejig slated for June 18.

India To Fast-Track Visas For Chinese Nationals

India To Fast-Track Visas For Chinese Nationals

Rediff.com8 Aug 2024

The new guidelines, effective from August 1, aim to expedite visa approvals for nationals from China and other countries sharing land borders with India.

'We expect the losses to be lower from UK'

'We expect the losses to be lower from UK'

Rediff.com10 Feb 2024

'The UK is more of a structural problem, and that's why we're doing the restructuring.'

Rising orders, execution to help road infra companies

Rising orders, execution to help road infra companies

Rediff.com12 Sep 2024

Road awards were muted in Q1FY25. But the pace will accelerate with a bidding pipeline of Rs 1.1 trillion (September 2024), mostly dominated by HAM (Hybrid Annuity Model) projects, which contribute 47 per cent and engineering procurement and construction or EPC projects, which have about 36 per cent share. Hence, infrastructure companies mostly reported revenue decline on a year-on-year (Y-o-Y) basis in Q1FY25.

IT, banking shares help Sensex gain 443 points at close

IT, banking shares help Sensex gain 443 points at close

Rediff.com1 Jul 2024

Benchmark Sensex rose by 443 points to close at a new record high while Nifty settled above the 24,100 mark on Monday on buying in banking and IT shares in line with gains in Asian and European markets. The 30-share BSE Sensex settled higher by 443.46 points or 0.56 per cent at an all-time high of 79,476.19.

Shooter Avani wins historic 2nd Paralympic gold medal

Shooter Avani wins historic 2nd Paralympic gold medal

Rediff.com30 Aug 2024

Winner of the gold medal at the Tokyo Paralympics three years ago, Avani Lekhara shot a remarkable 249.7, breaking her own Paralympic record of 249.6 set in Tokyo.

India's water crisis detrimental to credit health, warns Moody's

India's water crisis detrimental to credit health, warns Moody's

Rediff.com25 Jun 2024

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.

GDP growth slows to 15-month low of 6.7% in Apr-Jun

GDP growth slows to 15-month low of 6.7% in Apr-Jun

Rediff.com30 Aug 2024

India's economic growth slowed to a 15-month low of 6.7 per cent in April-June 2024-25, mainly due to poor performance of the agriculture and services sectors, government data showed on Friday. The gross domestic product (GDP) expanded by 8.2 per cent in the April-June quarter of 2022-23. India, however, remained the fastest-growing major economy, as China posted a 4.7 per cent growth in April-June 2024.

Sena-UBT trolls Shinde over non-inclusion in NITI Aayog

Sena-UBT trolls Shinde over non-inclusion in NITI Aayog

Rediff.com17 Jul 2024

Shiv Sena-Uddhav Balasaheb Thackeray leader Priyanka Chaturvedi on Wednesday took potshots at the rival Shiv Sena over its minister not finding a place in the reconstituted NITI Aayog.

SEE: How to make dahi at home

SEE: How to make dahi at home

Rediff.com26 Jun 2024

Zelda Pande shows you how to make curd from scratch.

What are the future plans of Tata Steel?

What are the future plans of Tata Steel?

Rediff.com22 Feb 2021

Tata Steel delivered one of its best financial performances ever in the third quarter of the current financial year, and surpassed its deleveraging target of $1 billion. In an interview, Koushik Chatterjee, executive director and chief financial officer, Tata Steel, tells Ishita Ayan Dutt that the company will continue to focus on deleveraging but profitable and value-added growth will be equally important.

China top buyer of Indian steel under lockdown

China top buyer of Indian steel under lockdown

Rediff.com30 Jun 2020

In the first two months of the current fiscal, Indian exports of finished steel reportedly grew by almost 76 per cent on a YoY basis and China alone accounted for close to 60 per cent of the increase.

Mcap of BSE-listed cos hit Rs 400-lakh-cr milestone

Mcap of BSE-listed cos hit Rs 400-lakh-cr milestone

Rediff.com8 Apr 2024

From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards.

How 156 Soldiers Built A Bridge of Hope In 36 Hours

How 156 Soldiers Built A Bridge of Hope In 36 Hours

Rediff.com12 Aug 2024

'It was a war-like situation, but instead of enemy fire, we fought against the vagaries of nature,' says Major Seeta Shelke.

Profit-booking hammers banking, finance stocks

Profit-booking hammers banking, finance stocks

Rediff.com28 Jun 2024

Among the 30 Sensex companies, IndusInd Bank, Axis Bank, ICICI Bank, Bharti Airtel, Kotak Mahindra Bank, Maruti, JSW Steel and Bajaj Finserv were among the laggards. In contrast, Reliance Industries, Tata Motors, Asian Paints, Nestle and Titan were the biggest gainers.

Sensex pares losses, ends 131 points higher

Sensex pares losses, ends 131 points higher

Rediff.com24 Jun 2024

Among the 30 Sensex companies, Mahindra & Mahindra, Power Grid, Sun Pharma, Nestle, UltraTech Cement, NTPC, ITC, ICICI Bank, Titan, Bajaj Finserv, Bharti Airtel, and HDFC Bank were among the biggest gainers. IndusInd Bank, Adani Ports, Tata Steel, Reliance Industries, Axis Bank and Bajaj Finance were among the laggards.

Vedanta plans to invest $20 bn in India in 4 years

Vedanta plans to invest $20 bn in India in 4 years

Rediff.com1 May 2024

The Vedanta Group is aiming to invest $20 billion across all its businesses in India over the next four years, its chairman Anil Agarwal said on Wednesday. The group will sell the steel business only at the right price, and is committed to continue running it if it does not get the right price, Agarwal told PTI on the sidelines of a company event. "At the moment, we have a plan to invest $20 billion across sectors in four years time," Agarwal said.

Tata Steel Chess: Vidit draws with Rapport; joint third

Tata Steel Chess: Vidit draws with Rapport; joint third

Rediff.com26 Jan 2022

Indian Grandmaster Vidit Gujrathi drew with Richard Rapport of Hungary in the ninth round to be in joint third place with 5.5 points in the Tata Steel Masters in Wijk Aan Zee, The Netherlands.

Stock markets rebound as GST revenues hit record in April

Stock markets rebound as GST revenues hit record in April

Rediff.com2 May 2024

From the Sensex basket, Power Grid, Asian Paints, Tata Motors, Tata Steel, NTPC, Sun Pharma, Mahindra & Mahindra, HDFC Bank, Tata Consultancy Services and JSW Steel were among the major gainers. Kotak Mahindra Bank, Bharti Airtel, Axis Bank, Wipro, ICICI Bank and IndusInd Bank were among the laggards.

Afridi calls for Pakistan shake-up after poor showing

Afridi calls for Pakistan shake-up after poor showing

Rediff.com11 Jun 2024

Former captain Shahid Afridi has proposed couple of changes to the Pakistan playing eleven following the dramatic loss to India in the T20 World Cup

'Mamata Was Being Misled By The Bureaucracy'

'Mamata Was Being Misled By The Bureaucracy'

Rediff.com29 Sep 2024

'My primary point was where is the Mamata Banerjee who jumps and reaches out, starts talking directly and starts solving over the heads of the bureaucracy.'

'Had liberalisation not taken place, I may have gone back to the US'

'Had liberalisation not taken place, I may have gone back to the US'

Rediff.com10 Oct 2024

An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.

Sensex breaches 81K, Nifty scales 24,800 peak

Sensex breaches 81K, Nifty scales 24,800 peak

Rediff.com18 Jul 2024

Bajaj Finserv, Infosys, Mahindra & Mahindra, Tech Mahindra, Hindustan Unilever, State Bank of India and HCL Technologies were the biggest gainers. On the contrary, Asian Paints, JSW Steel, NTPC and Adani Ports were among the laggards.

'Marwari' school of business keeps 3 generations of Ruia family under one roof

'Marwari' school of business keeps 3 generations of Ruia family under one roof

Rediff.com17 Jun 2024

Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.

Sensex, Nifty end flat; Tata Steel rallies 4%

Sensex, Nifty end flat; Tata Steel rallies 4%

Rediff.com11 Aug 2021

Tata Steel was the top gainer in the Sensex pack, jumping around 4 per cent, followed by NTPC, PowerGrid, Reliance Industries and Bajaj Finserv.

Centre's divestment plan: A stress test for zombie steel plants

Centre's divestment plan: A stress test for zombie steel plants

Rediff.com30 Apr 2021

With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.

Mystical Mongolia

Mystical Mongolia

Rediff.com24 Sep 2024

Mongolia can take a lifetime to happen but rewards the intrepid traveller with enduring memories of a surreal, delightful land.

Sensex breaches 79K-mark, Nifty scales 24,000

Sensex breaches 79K-mark, Nifty scales 24,000

Rediff.com27 Jun 2024

NTPC, JSW Steel, Tata Motors, Bharti Airtel, Power Grid, Kotak Mahindra Bank and Tech Mahindra were also among the major gainers. Larsen & Toubro, Sun Pharma, Nestle, HDFC Bank and Maruti were among the laggards.

Sensex ends up 105 points; metal, auto shares shine

Sensex ends up 105 points; metal, auto shares shine

Rediff.com18 Mar 2024

From the Sensex basket, Tata Steel jumped over 5 per cent. Mahindra & Mahindra, JSW Steel, Tata Motors, Axis Bank, Sun Pharma, Reliance Industries and Maruti were the other biggest gainers. Infosys, Tata Consultancy Services, Titan, Wipro, Hindustan Unilever and Nestle were among the laggards.

J-K terrorists get their hands on M4 rifles left by US in Af

J-K terrorists get their hands on M4 rifles left by US in Af

Rediff.com10 Jul 2024

The frequent use of these assault rifles by terrorists in Jammu and Kashmir, according to experts, is a consequence of the US Army leaving behind arms and ammunition while pulling out from Afghanistan in 2021 and is a cause of concern due to the more lethal nature of the steel bullets used.

Sensex, Nifty surge nearly 1% amid global rally

Sensex, Nifty surge nearly 1% amid global rally

Rediff.com21 Mar 2024

From the Sensex basket, NTPC, Power Grid, IndusInd Bank, Tata Steel, Tata Motors, JSW Steel, Tech Mahindra and Larsen & Toubro were the biggest gainers. Bharti Airtel, Maruti, ICICI Bank and Asian Paints were the laggards.

The Battle Of The Two Wills

The Battle Of The Two Wills

Rediff.com20 Sep 2024

When there are two wills produced before the court, which one will be executed?

Tata Steel chess: Carlsen beats Praggnanandhaa to grab lead

Tata Steel chess: Carlsen beats Praggnanandhaa to grab lead

Rediff.com23 Jan 2022

Vidit Gujrathi suffers first defeat

Nifty hits fresh all-time high; Sensex climbs 150 points

Nifty hits fresh all-time high; Sensex climbs 150 points

Rediff.com12 Jun 2024

Power Grid was the biggest gainer on the Sensex chart, rising 2.54 per cent, followed by Tech Mahindra, Bajaj Finance, NTPC, UltraTech Cement, Larsen & Toubro, Tata Steel, Bharti Airtel, Bajaj Finserv and HCL Technologies. In contrast, Mahindra & Mahindra, Hindustan Unilever, Infosys and Titan were among the laggards.

'The Titan Flies Away Into The Ages'

'The Titan Flies Away Into The Ages'

Rediff.com10 Oct 2024

'Some icons are living textbooks, teaching us about leadership, success, and legacy. Extraordinary yet human and approachable, they inspire and guide us.' 'India has lost a true son and champion.'