Mumbai, May 22 (IANS) GreenLine Mobility Solutions Ltd., an Essar venture and a pioneer in green logistics, further strengthened its longstanding partnership with Tata Steel with the flag-off of LNG-powered trucks at Tata Steel’s Meramandali facility in Odisha.The deployment marks another step forward in the ongoing collaboration between the organisations to decarbonise long-haul road logistics across multiple operational locations in India. The initiative reflects the shared vision and commit…
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Mumbai, May 20 (IANS) Indian stock markets opened lower on Wednesday, mirroring weak global cues from the US and Asian markets amid rising bond yields and geopolitical tensions in West Asia.Sensex opened at 74,806.49, down 394.36 points or 0.52 per cent, while Nifty began the session at 23,457.25, slipping 160.75 points or 0.68 per cent.Later in the morning trade, the 30-share index declined as much as 671 points or 0.89 per cent to hit an intraday low of 74,529. Similarly, the Nifty fell 220 po…
Mumbai, May 13 (IANS) Indian benchmark equity indices ended a highly volatile trading session with marginal gains on Wednesday, supported by buying in metal, oil and gas stocks, even as weakness in IT, banking and auto counters capped the upside.The 30-share Sensex closed 49.74 points, or 0.07 per cent, higher at 74,608.98 after witnessing sharp intra-day swings. During the session, the index touched an intra-day low of 74,134.48 and a high of 75,191.57.The Nifty settled at 23,412.60, up 33.05 p…
New Delhi, May 6 (IANS) India’s steel sector sustained its growth trajectory during April with a 5.8 per cent increase in crude steel production to 14.09 million tonnes, from 13.31 million tonnes in the same month of the previous year while the domestic demand momentum stayed robust on the back of continued buoyancy across infrastructure and manufacturing, according to an official statement issued on Wednesday.Domestic steel prices also extended their recovery during the month across all major…
Mumbai, April 29 (IANS) Domestic equity markets traded higher on Wednesday despite a rise in crude oil prices and reports that the United States may extend its blockade of Iranian ports.Sensex traded 0.52 per cent, or 400 points, higher at 77,289.55, hitting an intraday high in early trade, while Nifty rose 0.53 per cent, or 127.8 points, to 24,123.55.Sector-wise, buying interest was seen in auto, chemicals, realty, energy and IT stocks.Nifty Auto, Nifty Chemicals, Nifty Realty, Nifty Oil & …
Mumbai, April 27 (IANS) Indian equity benchmarks closed near the day’s high on improved investor sentiment after India-New Zealand FTA finalised in the national capital.The agreement which sealed in the presence of Commerce Minister Piyush Goyal and his New Zealand counterpart Todd McClay removes tariffs on 100 per cent of India’s exports to New Zealand, and either sharply reduces or removes tariffs on 95 per cent of the country’s imports from New Zealand.At the closing bell, the Nifty end…
New Delhi, April 8 (IANS) India’s steel industry clocked a robust 10.7 per cent year-on-year growth in production at around 168.4 million tonnes during 2025–26, consolidating its position as the world’s second-largest producer while navigating global uncertainties and price pressures, according to a statement issued by the Ministry of Steel on Wednesday.Domestic demand remained the key growth driver with finished steel consumption at 164 million tonnes, expanding by about 7–8 per cent, d…
Mumbai, April 6 (IANS) Domestic equity markets opened on a mildly positive note on Monday, even as caution over a possible escalation in the Iran war capped gains after US President Donald Trump warned of “hell” if Tehran fails to meet his Tuesday deadline to reopen the Strait of Hormuz.However, early gains were short-lived. The 30-share Sensex declined by 150 points or 0.21 per cent to 73,168. Similarly, Nifty was trading at 22,670, down 42 points or 0.19 per cent in early trade, amid selli…
New Delhi, April 4 (IANS) Tata Steel has received a demand notice of Rs 1,755.10 crore from the District Mining Office in Jharkhand’s Ramgarh over alleged excess extraction of coal from its West Bokaro Colliery between FY2000-01 and FY2006-07, the company said in a regulatory filing on Saturday.The notice, dated March 30, was received by the company on April 3.According to the company, the notice alleges that the steelmaker extracted approximately 1.62 crore metric tonnes of coal beyond permissi…
Sangrur, March 31 (IANS) Punjab Chief Minister Bhagwant Singh Mann on Tuesday announced that the state would now deliver police assistance within just six minutes, on par with developed regions such as the US and Europe, as he flagged off 508 Emergency Response Vehicles (ERVs) in Sangrur to significantly strengthen on-ground policing across the state. The vehicles, equipped with advanced technology and deployed across all 28 police districts under Dial 112, are set to ensure immediate response t…