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Odisha signs pact with Japanese co, ACME Group for Rs 67,000-cr investment
Odisha has inked a significant Memorandum of Cooperation with ACME Group and Japan's IHI Corporation, committing an investment of Rs 67,000 crore for green industrialization and technology transfer. This collaboration aims to establish a massive green hydrogen ecosystem in the state, building on recent large-scale investments. Chief Minister Mohan Charan Majhi highlighted Odisha's ambition to become a global leader in green steel production, with two dedicated industrial corridors being developed.
Moneyview, Chandan Steel get Sebi's approval to raise funds through IPOs
Fintech unicorn Moneyview and Chandan Steel have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Friday. Moneyview filed preliminary IPO papers with Sebi in March, while Torrent Gas confidentially submitted draft documents with the regulator in April. The confidential filing route allows companies to submit draft offer documents to Sebi for review without immediately making commercially sensitive information public. After reviewing the draft papers submitted by the two firms, the regulator gave its 'observations' between June 29 and July 2,which, in Sebi's parlance, is equivalent to a go-ahead to float the public issue. Meanwhile,oilfield services provider Shivganga Drillers withdrew its draft papers on June 30, the update showed. The company filed preliminary papers with Sebi in December 2025 to mobilise Rs 400 crore through its IPO. The proposed maiden public offering was a completely fresh issue of shares wi
JSW Steel kicks off ₹16,350 crore low-carbon steel project in Andhra Pradesh
The electric arc furnace plant is part of the steelmaker's ₹16,350 crore investment to expand capacity and produce lower-carbon steel.
JSW Steel starts work on Rs 16,350 crore Andhra Pradesh steel project
JSW Steel has initiated construction on a significant 2 million tonne steel plant in Andhra Pradesh, a project valued at over Rs 16,350 crore. This ambitious venture, to be developed in two phases by its subsidiary JSW Rayalaseema Steel Ltd, will initially focus on a 1 MTPA integrated plant for low-carbon steel.
Andhra Pradesh CM Chandrababu Naidu launches JSW's Rs 16,350 crore steel plant in Kadapa
Andhra Pradesh Chief Minister N. Chandrababu Naidu has inaugurated the construction of the JSW Rayalaseema Integrated Steel Plant in Kadapa district. This Rs 16,350 crore project, set to be a modern green steel facility, will be developed in two phases and aims for commercial production by March 2028. The initiative is expected to create numerous jobs and boost the state's industrial output.
Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?
Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Vedanta Aluminium Metal outperformed and gained 2%, drawing bullish calls from brokers including Emkay and Citi, which see strong upside potential driven by global aluminium demand, cost efficiencies, and improving leverage, making it the preferred long-term pick.
Sensex Today Trades Higher | Nifty Above 24,300 | HCL Tech & Tata Steel Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,300 | HCL Tech & Tata Steel Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 24,300 | HCL Tech & Tata Steel Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,300 | HCL Tech & Tata Steel Top GainersEquitymaster
JSW Steel Share Price Live Updates: Strong three-month returns for JSW Steel
Tata Steel in talks with Dutch govt for Netherlands project amid tightened emission norms
Tata Steel is in talks with the Dutch government to navigate its transition project in the Netherlands, aiming to meet stringent emission norms. Facing challenges with legacy assets and stricter environmental regulations, the company is developing a long-term, financially viable, and environmentally compliant pathway. This includes strengthening energy security and planning significant CO₂ reductions through low-carbon steel processes, mirroring similar decarbonisation efforts in the UK.
This demerged Vedanta entity is up 100% in 12 days of listing
Currently, no analysts have coverage on Vedanta Iron and Steel, as of yet, with most of the coverage being given to the Aluminium division with Emkay being the most recent one.
Vedanta Iron and Steel shares rocket 113% in 13 sessions since listing; market value more than doubles
Vedanta Iron and Steel shares have surged more than 100% in just 13 trading sessions since listing at Rs 20 on the NSE following Vedanta's mega demerger. The company, one of four new Vedanta entities to debut on June 15, has delivered stellar gains to investors after starting with a market capitalisation of Rs 7,821 crore.