Ishita Ayan Dutt

Indian steelmakers eye robust growth in FY26 but China clouds gather

Steel imports started dropping in the lead-up to the government's provisional safeguard duty - a measure aimed at protecting domestic producers from a flood of cheap imports

McLeod Russel in discussion with NARCL for composite debt resolution

McLeod Russel submits initial proposal to NARCL as part of a composite debt resolution effort amid continued financial distress and narrowed losses in FY25

BAT pares stake in ITC to 22.9%, relinquishes veto power in key move

BAT's latest stake sale trims its ITC holding below 25 per cent, ending veto rights just a year after it cited the importance of maintaining control through board influence

BAT evaluating sale of small part of ITC stake, confirms in LSE filing

BAT may offload a small portion of its 25.45% stake in ITC via on-market trade, but says no certainty of deal; earlier divestment funded share buyback

BPSL issue one-off, will weigh opportunities on merit: JSW Steel's Acharya

The control (BPSL) is still with us currently. At present, we are focusing on the opportunity of looking at all legal remedies

Bustling Petrapole border belies faltering India-Bangladesh trade

Cross-border trade is quietly dwindling amid strained ties between the two neighbours

JSW Steel Q4 net up 15.7% to ₹1,503 crore on lower coking coal prices

Board approves raising ₹19k cr in long-term funds

Exploring all legal remedies: JSW Steel on Bhushan Power & Steel verdict

JSW Steel says BPSL resolution plan followed due process, despite SC order directing liquidation and refund; no provisions made in consolidated accounts

ITC Q4FY25 results: Adjusted profit rises 3% to Rs 5,155.27 crore

ITC reports Rs 5,155 crore adjusted PAT in Q4FY25, with one-time hotel demerger gain pushing reported profit to Rs 19,727 crore amid rising input costs and weak demand

Darjeeling tea woes deepen, pushing industry to an existential crisis

Darjeeling tea troubles date back to 2017, but problems are mounting now, leading to existential crisis

Emami Q4 FY25 results: Net profit increases 8.9% to ₹162.17 crore

Emami posts ₹162.17 crore profit in Q4FY25 and ₹806.46 crore in FY25, with strong domestic growth, resilient international markets, and higher e-commerce contribution

India-Pakistan tensions: Back home, border area workers wait and watch

With tensions now subsiding since the ceasefire between the two countries on May 10, those still posted there are breathing a sigh of relief after an anxious period punctuated by blackouts and sirens

Op Sindoor: India Inc's cyber shield holds firm against swarm of hackers

Setup by Nasscom, DSCI engages with governments and their agencies, regulators, industry sectors, industry associations, and think tanks for policy advocacy, capacity building, and outreach activities

Tata Steel capex guidance for this FY is ₹15,000 cr: Narendran & Chatterjee

TV Narendran and Koushik Chatterjee discusses a range of issues from the performance to debt reduction and capex

More Retail plans ₹2,000 crore IPO, targets Ebitda-positive in FY26

Company backed by Amazon and Samara Capital aims to go public in 12-18 months, reduce debt, and expand store network from 775 to 3,000 by the end of the decade

Tata Steel Q4 net profit jumps 112.7% to ₹1,301 crore on lower costs

Tata Steel reports 112.7 per cent YoY rise in Q4FY25 profit, aided by lower raw material cost; full-year profit at ₹3,420 crore after last year's net loss

IBC has shifted balance of power in favour of creditors, investors: IBBI ED

Insolvency and Bankruptcy Board of India Executive Director Jithesh John observed that there was a noticeable improvement in credit discipline with 30,310 cases settled prior to admission

Ports, vessels on heightened maritime security measures, blackout protocols

The shipping regulator earlier banned all vessels from Pakistan from docking at Indian ports

Birla Corporation Q4 results: Profit up 33% to ₹257 cr; revenue up 7%

After a weak start to FY25, Birla Corp posts strong Q4 profit growth on higher capacity utilisation and announces major expansion to scale cement output to 27.6 mt

SC's Bhushan Power and Steel ruling: Review petition may flag 'errors'

According to a source aware of the developments, it appears that the court did not consider infusion of money by JSW in the form of compulsory convertible debenture towards equity infusion