Rajesh Kurup

Exports from India were impacted by weak global markets and competitive pricing by China, while South Korea and Japan maintained their export volumes to the country, according to a report by Crisil.

The group is also in discussions with Crisil, Icra and CARE for rating these NCDs, sources close to the development said.

In January 2023, short seller Hindenburg Research accused Adani Group of significant governance issues, which shaved off half of the group's market capitalisation.

Hinduja Group, the successful resolution applicant of RCap, had sought a 90-day extension to the earlier deadline of May 27 to complete the process.

The estimated investment is about 1.4 times bigger than the Rs 1.13 trillion committed in new capacities, brownfield expansions, debottlenecking and maintenance of existing plants over the past five fiscals through 2024.

JSW Steel USA, a subsidiary of JSW Steel, plans to invest $110 million to modernise its steel plate mill in Baytown, Texas.

Talking about L&T, Naik said that the emphasis on services, manufacturing and services will continue.

Eye on infra developments, Lankan market For Indian cement manufacturers, the compass is pointing southward, with UltraTech Cement now charting the course with the acquisition of a 23% stake in Chennai-based India Cements.

Graham stated that the union’s campaign is about securing the long-term future of steelmaking in the UK and highlighted that the union had secured serious investment from the labour department to safeguard jobs.

SpaceMantra and certain lenders had sought a relook at the bidding process to avoid the liquidation process.