NMDC NSE 0.74 % ‘s move to invite bids for operation and maintenance (O&M) of its upcoming Rs 15,000 crore steel plant at Nagarnar in Chhattisgarh has created a buzz in the industry, since O&M of an...
ArcelorMittal hits out at JSW, calls Ispat Monnet decision ‘mockery’
In the battle for Essar Steel, Monnet Ispat & Energy, bagged by the JSW-AION combine under the Insolvency and Bankruptcy Code (IBC), has been caught in the crossfire. On Tuesday, the resolution plan put forward by...
Six PSU consultancy firms to merge with EIL
In order to bring in efficiency in the way of functioning of public sector undertakings, the government is taking the merger routs. The Cabinet has approved the merger of SBI with its five associates, all state-owned...
Govt mulls merger of six consultancy firms into Engineers India
Government is mulling the merger of about half a dozen state-owned consultancy firms like Engineering Projects (India) Ltd with Engineers India LtdBSE 0.57 % (EIL) to create a mega-consultancy firm that can take on the...
RINL-Manganese Ore JV
Rashtriya Ispat Nigam Ltd (the Vizag steel plant) and the Manganese Ore India Ltd have formed a joint venture – RINMOIL Ferro-Alloys Pvt Ltd – to manufacture ferro-alloys, according a press release. The JV...