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Betting on India's growth, top steel firms in midst of big expansion plans

On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses.

The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing.

The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).

Chhattisgarh , India , Odisha , Orissa , Visakhapatnam , Andhra-pradesh , Japan , Bokaro , Jharkhand , Hazira , Haryana , Nippon

Steel industry | Vedanta Limited weighs sale of Electrosteel, carrying out review of its steel business

The company continues to review its strategic priorities in the normal course of its capital allocation discussions, with the aim to continue to maximise stakeholder value

Bokaro , Jharkhand , India , Vedanta-ltd-on , Vedanta-star-ltd , Vedanta-ltd , Anil-agarwal-group , Electrosteel-steels , Steel-industry , Edanta-ltd , Nil-agarwal

Vedanta kicks off steel business review for likely stake sale

"The review will begin immediately and will evaluate a broad range of options to maximise stakeholder value, including but not limited to a potential strategic sale of some or all of the above mentioned steel businesses," the company told exchanges in a filing on Friday.

Bokaro , Jharkhand , India , Karnataka , Bellary , Tata-steel , Electrosteel-steels , Jindal-steel , Arcelormittal-nippon-steel , Electrosteel-steel ,

Ductile Iron Pipes Market Analysis, Sales and Revenue Status, Segmentation Analysis Forecast 2027

Ductile Iron Pipes Market Analysis, Sales and Revenue Status, Segmentation Analysis Forecast 2027

United-states , America , American , Tata-metaliks , Ductile-iron-pipes-market-research , International-corporation , Electrosteel-steels-ltd , Kurimoto-ltd , Kubota-corporation , Mcwane-inc , Research-newswire , See-campaign

Ductile Iron Pipes Market Analysis, Sales and Revenue Status, Segmentation Analysis Forecast 2027

Ductile Iron Pipes Market Analysis, Sales and Revenue Status, Segmentation Analysis Forecast 2027
texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.

United-states , America , American , Tata-metaliks , Ductile-iron-pipes-market-research , International-corporation , Electrosteel-steels-ltd , Kurimoto-ltd , Kubota-corporation , Mcwane-inc , Research-newswire , See-campaign

Bankruptcy Law Changes: Without Extensive Public Consultation, a Hurried Amendment Will Be Full of New Loopholes and Issues

One of the best bits of news earlier this month was that the government seems serious about overhauling the bankruptcy Act in Budget 2023.

India , Uday-kotak , Monnet-ispat-energy , Financial-sector-legislative-reforms-commission , Supreme-court , Resolution-authority , Dewan-holding , Siva-industries , Sc-order-on-vidarbha-industries-gives , Infrastructure-leasing-financial-services , Maharashtra-cooperative-bank , Videocon-industries-to-vedanta

India's Vedanta plans to sell steel business Electrosteel

Indian mining firm Vedanta Group has decided to offload its steel business, Electrosteel Steels Limited (ESL).

India , Koushik-chatterjee , Vedanta-group , Electrosteel-steels-limited , Tata-steel , Economic-times , Arcelormittal-nippon-steel , Jindal-steel , Electrosteel-castings , Electrosteel-steels ,

Global Ductile Iron Pipes Market 2022 Trends, Covid-19 Impact Analysis, Supply Demand, and Growth Anticipation through 2027

Global Ductile Iron Pipes Market 2022 Trends, Covid-19 Impact Analysis, Supply Demand, and Growth Anticipation through 2027

United-states , Canada , America , American , Tata-metaliks , Therapeutics-market-research , International-corporation , Electrosteel-steels-ltd , Sales-office , Kurimoto-ltd , Clinical-trials-market-research , Kubota-corporation

Two Recent Judgments Risk Damaging the SC's Enviable Track Record on Environmental Law

The top court's Pahwa Plasticsis order is bound to have ripple effects given courts haven’t addressed violations of environmental law as the simple violation of laws but as an infringement of constitutional rights.

India , Stockholm , Sweden , Haryana , Justice-banerjee , Justice-indira-banerjee , Supreme-court , Electrosteels-steel-ltd , National-green-tribunal , Judgments-of-the-supreme-court , Electrosteel-steels-ltd , Wire-science

SC sets aside NGT order prohibiting industrial operation in Haryana due to lack of Environmental Clearance

Supreme Court on Friday set aside a National Green Tribunal Act's order prohibiting the operation of industries in Haryana, which did not have prior Environmental Clearance (EC).

India , Haryana , Justice-indira-banerjee , Apcolite-yamuna-nagar , Pahwa-yamuna-nagar , Electrosteel-steels , National-green-tribunal , Union-of-india , Supreme-court-on , Supreme-court , National-green-tribunal-act , Environmental-clearance