STEEL

RINL supplies 2,000 MT of steel for Andhra government housing scheme

The Andhra Pradesh government had placed the order for the “Navaratnalu Pedalandariki Illu” housing project. The consignment was handed over to the officials at Denduluru. 

published on : 24th July 2021

Chandrababu Naidu wants CM Jagan to lead Visakhapatnam Steel Plant struggle

TDP supremo N Chandrababu Naidu also assured that the party's elected representatives would readily resign from their posts to show support to the steel plant workers.

published on : 24th July 2021

JSW Steel consolidated Q1 profit jumps 41 per cent

The company reported total consolidated income of Rs 29,100 crore in first quarter of 2021-22, showing a 144% jump year-on-year, largely due to higher steel prices.

published on : 24th July 2021

Shyam Steel to invest Rs 700 crore for brownfield expansion of plant in Bengal

The company aims at completing the expansion of its Mejia plant by FY23, which will help increase direct employment in the facility to 5,000.

published on : 23rd July 2021

Rs 6,322 crore PLI scheme for specialty steel gets Cabinet approval

The Union Cabinet on Thursday gave its go-ahead to a Rs 6,322-crore production linked incentive (PLI) scheme to boost the manufacturing of specialty steel.

published on : 23rd July 2021

VSP union leaders gather political support in Delhi

Raja said the Visakhapatnam steel plant is the pride of the  nation and PSUs needed to be protected. 

published on : 23rd July 2021

Government approves Rs 6,322-crore PLI scheme to boost domestic specialty steel production

The Union Cabinet gave its go-ahead to a Rs 6,322-crore PLI scheme to boost the manufacturing of specialty steel.

published on : 22nd July 2021

Steeling glances: Utensil making units in Choolai hopeful of revival

Mounds of raw materials, noisy machines, utensils in various stages of production, and workers covered in dust, toiling in a grime-filled furnace round-the-clock.

published on : 22nd July 2021

Centre reiterates RINL sale decision in RS

Says it received communications from State govt requesting to reconsider disinvestment plan of steel plant 

published on : 21st July 2021

YSRC MPs demand Special Category Status for Andhra Pradesh, force Rajya Sabha adjournment

Holding placards, they rush to podium; don’t relent despite repeated requests

published on : 21st July 2021

Sensex drops 355 points while Nifty loses 120; IndusInd Bank sheds most, over 3 per cent

While Tata Steel, NTPC, Bharti Airtel, HCL Tech, ICICI Bank, M&M and HDFC Bank followed IndusInd in losses, Asian Paints, UltraTech Cement, Bajaj Auto, HUL and Nestle India were among the gainers.

published on : 20th July 2021

TDP MPs ready to resign to stop Vishakhapatnam Steel Plant privatisation: TDP leader Ravindra Kumar

On the occasion, TDP Rajya Sabha member Kanakamedala Ravindra Kumar criticised the YSRC government for not showing the fighting spirit to stop the privatisation of the Vishakapatnam Steel Plant.

published on : 19th July 2021

Centre adopting ‘step-motherly attitude’ towards Andhra Pradesh: YSRC MP Vijayasai Reddy

Rajya Sabha MP V Vijayasai Reddy also asserted that the YSRC is against the Centre’s move to privatise Visakhapatnam Steel Plant.

published on : 19th July 2021

TDP to fight against VSP privatisation in Parliament

Demanding that the YSRC MPs do the same in Parliament, the TDP MPs asserted that they are ready to resign from their posts for the cause.

published on : 17th July 2021

Andhra Pradesh government allots 860 acres to Jindal Steel

It also announced special incentive packages for garments and other manufacturing industries, which evinced interest in setting up their units in the state.

published on : 16th July 2021
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