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Construction Equipment Industry Records Highest H1 Growth in Three Years

India’s construction equipment (CE) industry achieved its highest first-half growth in three years, driven by robust government infrastructure investments and rising exports. According...

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Cement Sector Gains Momentum with Expected Price Hikes, Volume Growth

Shares of cement companies, including UltraTech, JK Lakshmi Cement, JK Cement, Mangalam Cement, and Shree Cement, recorded robust gains in Monday’s trading session,...

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BEML Secures ₹3,658 Crore Contract for Chennai Metro Rolling Stock and Maintenance

BEML Ltd, a Mini Ratna Public Sector Enterprise under the Ministry of Defence, has secured a ₹3,658 crore contract from Chennai Metro Rail...

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Bajaj Steel Industries Begins Operations at New Nagpur Plant

Bajaj Steel Industries has commenced commercial production at its new state-of-the-art facility in Nagpur, Maharashtra. The plant, dedicated to the company’s infrastructure division,...

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JSW Steel and SAIL Look to Mongolia for Coking Coal Imports Amid Rising Steel Demand

India’s leading steelmakers, JSW Steel and Steel Authority of India Limited (SAIL), are exploring coking coal imports from Mongolia as part of efforts...

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Cement Demand Growth to Moderate to 5-6% in FY25: CareEdge Ratings

The cement sector is projected to see demand growth moderate to 5-6% in FY25, down from 8-9% in recent years, according to CareEdge...

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Tamil Nadu to Build Greenfield Port in Cuddalore with Rs 2,000 Crore Investment

The Tamil Nadu Maritime Board has announced plans for a greenfield port near the existing old port in Cuddalore, aiming to enhance cargo...

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Welspun Tubular to Invest $100 Million in Arkansas Plant Upgrade

Welspun Tubular LLC, the US subsidiary of India’s Welspun Corporation, is set to invest $100 million to enhance its steel large-diameter line pipe...

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UltraTech Strengthens Cement Dominance with Rs 8,600 Crore Century Deal

UltraTech Cement Ltd has announced the acquisition of Century Textiles and Industries Ltd’s cement business for Rs 8,600 crore. This deal adds 13.4...

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Steel Industry at the Forefront of India’s Transformation: Union Minister HD Kumaraswamy

Union Minister for Steel and Industries, HD Kumaraswamy, underscored the pivotal role of steel in driving India’s development at the National Metallurgist Awards....