Steel firms may post 25-50% fall in operating profit in Q2
Low domestic demand leading to higher exports will further impact margins of steel players, the report said
Rakhi Majumdar
Hindustan Zinc receives its first European patent
US and Indian patent application on this technology are also under processing, the statement added. The grant of patent provides recognition of the quality of the innovation being carried at HZL.
NMDC's Donimalai iron ore mine gets temporary relief
The NMDC’s top brass is keen to utilise the time available to pursue a dialogue with the state government.
3000th railway station gets Wi-Fi
Incidentally, the 2000th station to get Wi-Fi was Rana Pratap Nagar, also under the North Western Railway, on August 3, 2019.
Kamdhenu's steel biz Q1 profit rises 44% to Rs 9.5 crore
The company said it is on course to beat its target of generating Rs 100 crore as royalty income during 2019-20.
SAIL profit plunges 87% in June quarter
The company declared profit before tax (PBT) of Rs 103.93 crore in the quarter under review down 87.4% from Rs 827.84 crore in Q1FY19.
JSW Steel likely to raise $500-700 million overseas
The company is preparing to raise up to $700 million by issuing dollar-denominated bonds.
Series of commissioning activities inaugurated at Vizag Steel Plant
The COB-5 was constructed along with the existing batteries at a cost of Rs 2,500 crore with a production capacity of 8.40 lakh tons of blast furnace grade coke per year.
JSW Steel seeks immunity from litigation against Bhushan Power
JSW Steel approaches NCLT in the wake of fraud cases reported by lenders of Bhushan Power and Steel.
Chandrayan 2 mission to use Indigenously developed special grades of stainless steel in its cryogenic rocket engines
This 2.3 mm thick sheet has been used in the cryogenic engine (CE20) divergent of the Chandrayan mission.
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