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Sandur Manganese to foray into speciality steel with buyout of Arjas Steel

Sandur Manganese will be buying an 80% stake in the company at an enterprises value of Rs 3,000 crore. It will spend around ?2,400 crore through a mix of equity and debt to buy Arjas Steel, of which around 25-30% will be debt.

India , Sandur , Karnataka , Mumbai , Maharashtra , Bahirji-ghorpade , Sandur-manganese , Iron-ore , Arjas-steel , Andhra-pradesh , Iron-ores

Support for toy manufacturing to continue through import duty and QCO measures

Responding to a query on the decision to put the toy PLI proposal on hold, DPIIT secretary Rajesh Kumar Singh said, “Currently we are focused on getting these 14 PLI schemes up and running in a good way. For the time being, the new PLI schemes are not being considered and we will focus on ensuring that these existing schemes get implemented well. Thereafter well see.”

India , Lucknow , Uttar-pradesh , New-delhi , Delhi , Rajesh-kumar-singh , Indian-institute-of-management , Arun-jaitley-national-institute-of-financial-management , Department-for-promotion-of-industry , Performance-linked-incentive , Internal-trade , Mobile-manufacturing

Ministry of Steel: Steel PLI has enabled investment of Rs 10,730 crore till now

The domestic steel industry has invested Rs 10,730 crore out of the total committed Rs 29,531 crore under the Production-Linked Incentive (PLI) Scheme for the sector as of September 2023. The Speciality Steel PLI scheme aims to create 25 million tonnes of specialty steel in the next five years. The Centre has constituted a Grievance Redressal Mechanism to address challenges and concerns raised by companies participating in the PLI scheme.

Lok-sabha , Faggan-singh-kulaste , Monitoring-group , Production-linked-incentive , Grievance-redressal-mechanism , Project-monitoring-group , Standard-operating-procedure , Ministry-of-steel , Speciality-steel , Steel-pli , Ministries-of-home-and-external-affairs , Toyota-century

Panel approves Rs 1,000 crore PLI release, electronics firms to benefit

Panel approves Rs 1,000 crore PLI release, electronics firms to benefit
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Secretaries-of-department-economic-affairs , Samsung , Department-for-promotion-of-industry , Production-linked-incentive-scheme , Empowered-committee , Budget-estimate , High-efficiency-solar , Speciality-steel , Chief-executive-officer , Niti-aayog , Economic-affairs

PLI for 3 sectors being tweaked, Cabinet note soon

PLI for 3 sectors being tweaked, Cabinet note soon
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

China , Chinese , Production-linked-incentive , Cabinet-secretary , High-efficiency-solar , Speciality-steel ,

Steel tycoon Gupta wins reprieve over Greensill winding-up petitions

Steel tycoon Gupta wins reprieve over Greensill winding-up petitions
coastfm.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coastfm.co.uk Daily Mail and Mail on Sunday newspapers.

United-kingdom , Rotherham , British , David-cameron , Lex-greensill , Sanjeev-gupta , Citigroup , China-jingye-group , Credit-suisse , Treasury-company , Serious-fraud-office , Liberty-steel

Jyotiraditya Scindia Announces PLI 2.0 For Speciality Steel

Jyotiraditya Scindia Announces PLI 2.0 For Speciality Steel
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

Kalyani , Karnataka , India , Jyotiraditya-scindia , Tata-steel , Ministry-of-steel , Union-minister , Production-linked-incentive , Specialty-steel-mou , Steel-kulaste , Union-cabinet , Gallant-metalliks

Liberty Steel cash injection to save 660 jobs

The deal will allow the UK firm's Rotherham plant - which has been closed since spring - to reopen.

Rotherham , United-kingdom , Australia , South-yorkshire , United-kingdom-general- , Australian , Jeffrey-kabel , Sanjeev-gupta , Kwasi-kwarteng , Boris-johnson , Roy-rickhuss , Credit-suisse

Liberty Steel cash injection to save 660 jobs

The deal will allow the UK firm's Rotherham plant - which has been closed since spring - to reopen.

Rotherham , United-kingdom , Australia , South-yorkshire , United-kingdom-general- , Australian , Jeffrey-kabel , Sanjeev-gupta , Kwasi-kwarteng , Boris-johnson , Roy-rickhuss , Credit-suisse

Odisha bets on the Speciality Steel to join advanced steel making countries like Japan and South Korea

Odisha bets on the Speciality Steel to join advanced steel making countries like Japan and South Korea
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

Japan , India , Odisha , Orissa , South-korea , Shri-vr-sharma , Shri-hemant-sharma , Shri-navnath-laxman-vhatte , Anil-dhawan , Shri-tirthankar-banerjee , Mukesh-kumar , Shri-pankaj-satija