Steel: Industry seeks hike in customs duty

Current Status India is the third-largest steel producer in the world. In 2015, India produced 91.46 million tonne (MT) of finished steel. Total finished steel production in the country increased......

Capital goods: To have cascading effect on infra thrust

The focus of Union Budget 2014-15 on infrastructure development by addressing some of issues and giving an idea of directional approach along with boost for domestic manufacturing sector with......

BHEL in JV talks with SAIL, Vizag Steel

State-owned BHEL on Friday said it is in talks with SAIL and Vizag Steel to tie up for manufacturing high grade steel, while Korean steel maker Posco may join the proposed joint venture company as......

SAIL looking for ventures into analogous sectors

Steel Authority of India Ltd (SAIL) is looking for ventures into analogous sectors. While the state-run company is going for a follow-on public offer (FPO) in early 2011, it is looking at some......