Manufacturer of steel tubes and pipes Hi-Tech Pipes received an order for ERW steel pipes worth Rs 105 crores from clients in the renewable energy industry. The company claims that within the next three months, its newly constructed, state-of-the-art facility in Sanand, Gujarat, with its enhanced technology, would help meet this demand. Solar power plants,…
The government has been advised by the miners’ organization FIMI not to impose any export duties on low-grade iron ore, claiming that doing so would result in a large loss of state revenue, jobs, and foreign exchange profits. The Federation of Indian Mineral Industries (FIMI) made a representation to the government stating that the imposition…
According to its top management, industry heavyweight Tata Steel expects to spend a combined Rs 16,000 crore on capital projects for its domestic and international operations during the current fiscal year. According to the company’s CEO & MD T V Narendran and Executive Director & CFO Koushik Chatterjee, Tata Steel has allocated Rs 10,000 crore…
