December 10, 2025
Lloyds Metals and Energy Limited has signed a non-binding memorandum of understanding with Tata Steel Limited to explore potential collaboration across mining, logistics, pellet production and steelmaking. The memorandum, dated 10 December 2025, outlines areas of joint evaluation that include greenfield steel projects, iron ore mining, slurry pipeline development, pellet and direct reduced iron production, […]
December 10, 2025
Tata Steel Limited said it has agreed to acquire a 50.01 percent equity stake in Thriveni Pellets Private Limited (TPPL) for an aggregate cash consideration of up to INR 6.36 billion, with the transaction subject to customary closing adjustments and regulatory approvals. The shares acquired total 9,006,801 of face value INR 10 each, giving Tata […]
December 9, 2025
Berger Becker Coatings Pvt. Ltd., a joint venture between Beckers Group of Sweden and Berger Paints of India, has set up a new resin plant in India as part of a wider investment programme undertaken over the past two years at its facilities in Nagpur and Goa. The investments are aimed at strengthening safety and […]
December 6, 2025
PTC Industries Limited, a manufacturer of precision metal components for critical applications, announced on 04 December 2025 that its wholly owned subsidiary Aerolloy Technologies Limited has entered a long-term supply agreement with Honeywell Aerospace Technologies to provide precision titanium and superalloy investment castings for a range of aerospace applications, including critical aero-engine components. The company […]
December 4, 2025
Innomet Advanced Materials Limited, a manufacturer of specialty metal powders and tungsten heavy alloys, reported stronger first-half results and outlined plans to scale revenue to an annual run rate of INR 1 billion within about 12–14 months. The company said its strategy will emphasise higher-value powders, exports and expanded tungsten heavy-alloy sales. The company is […]
December 3, 2025
JSW Steel Limited announced on 3 December 2025 that it will transfer the steel business undertaking of Bhushan Power and Steel Limited (BPSL) into a new joint venture with JFE Steel Corporation of Japan, with each partner holding a 50 percent stake. The transaction, structured as a slump sale, carries an equity value of INR […]
November 20, 2025
Defence Metallurgical Research Laboratory (DMRL), a unit of the Defence Research and Development Organisation (DRDO), marked its sixty-second annual day by transferring several advanced materials technologies to domestic industry partners. The technologies support programmes in naval platforms, combat vehicles and missile systems. The technologies handed over include the manufacturing process for DMR 249A steel in […]
November 20, 2025
Rourkela Steel Plant (RSP), operated by Steel Authority of India Limited, is set for a major expansion that will raise its crude steel capacity to 9.8 million tonnes by 2030. The plan follows a review of the plant’s current operations, ongoing projects and the outlook for steel and mining output in Odisha. The review examined […]
November 14, 2025
Hi-Tech Pipes Limited, a manufacturer of steel pipes, tubes and coated steel products, laid the foundation stone for a greenfield manufacturing project at Hindupur, Andhra Pradesh, on 13 November 2025. The facility will add 150,000 tonnes per annum of coated steel capacity to support customers in southern and western India. The project involves an investment […]
November 14, 2025
PSD Aero, a France-based supplier of aerospace metals and materials, has inaugurated its warehouse site in Bengaluru as part of a broader plan to expand its operations in Asia. The facility, located near Kempegowda International Airport within a special economic zone, represents the company’s first physical infrastructure in India and is intended to support aerospace […]
