Eskay Aluminium Pvt Ltd has obtained 881 shares of Sacheta Metals Ltd through an open-market transaction, taking its total holding in the aluminium company to 132,310 shares. The acquisition was completed on September 8, 2026, and disclosed under Regulation 29(2) of the SEBI (Substantial...
National Aluminium Company Limited (NALCO) has signed a Technology Licensing Agreement with Emirates Global Aluminium (EGA) to deploy EGA’s UAE-developed DX+ Ultra aluminium smelting technology at its proposed 500,000 tonnes per annum (MTPA) brownfield smelter expansion at Angul, Odisha. The...
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Mining conglomerate Vedanta Aluminium has embarked on a significant project worth INR 1,28 lakh crore (US$ 15.42 billion) to boost Odisha's economy. As per reports, the company plans to set up a 3 million tonnes per annum (MTPA) aluminium smelter along with a 4,900 MW captive power plant in...
In a bold move to tighten control over critical minerals and challenge China's dominance, India has directed IREL to suspend a 13 year old rare earth export agreement with Japan, Reuters reports. The directive, issued by the Indian government to state-run miner IREL (India) Ltd., marks a turning...
As Indian and U.S. officials engaged in closed-door negotiations to finalise trade deals ahead of July’s tariff hikes, a parallel development added friction to an already delicate situation. The Trump administration formally rejected India’s request for consultations at the World Trade Organization...
Vedanta Aluminium, an Indian multinational mining company, has once again proven the Indian aluminium production is not about male workers working in factories and plants and sites. The firm has empowered women by deploying an all-woman locomotive engine team in its Jharsuguda aluminium smelter....
Sunjay J. Kapur, the prominent chairman of Sona Comstar and former President of the Automotive Components Manufacturers Association (ACMA), tragically passed away at the age of 53. The industrialist suffered a fatal cardiac arrest while playing polo in the United Kingdom, in a sudden incident...
In a country where water scarcity is both a rural crisis and an industrial liability, few sectors are as thirsty and as scrutinised as the aluminium industry. With primary aluminium production requiring anywhere between 20,000 to 40,000 litres of water per tonne, efficient water use isn’t just an...
India's refractory sector is on a transformative growth trajectory, fueled by rapid industrialisation, surging steel production, and an ambitious “Make in India” agenda. At the forefront of this momentum stands Almatis, reinforcing its legacy as a global leader in specialty alumina with its...
Lighthouse Funds, a prominent mid-market private equity firm in India, has invested INR 300 crore (approximately $35.2 million) in Knest Manufacturers, a Pune-based construction technology company known for its cutting-edge building systems. Founded in 2015, Knest specialises in aluminium formwork...
Serentica Renewables, a leading renewable energy provider focused on India's Commercial & Industrial (C&I) sector, has successfully closed its second round of External Commercial Borrowing (ECB) financing. The company has secured over US$ 100 million in debt funding from global financial...
Fives, an international leader in industrial engineering, has taken a significant leap forward in strengthening its footprint in India with the inauguration of its new Service Centre in Sambalpur, Odisha. Sambalpur is a city located in the northwestern part of the Indian state of Odisha. Officially...
In a move set to propel India's downstream aluminium industry, Vedanta Aluminium, in collaboration with its subsidiary BALCO, has signed an MoU with the Central Bank of India. The deal announced on June 6, 2025, aims at introducing a collateral-free facility of financing to the company's customers...
Freshwrapp, the flagship food packaging brand from Hindalco, has rolled out its latest nationwide campaign titled, “Bacteria ki Entry ko Rokey” with none other than renowned chef and author Vikas Khanna leading the charge. At the heart of the campaign is the introduction of the Freshlock Shield, a...
India’s talks with the US for a Bilateral Trade Agreement, which would smoothen gross exports worth USD 86.5 billion (FY 2024–25 data, up 11.6 per cent from FY 23–24), are walking on a double-edged sword. Image source: Linkedin (Handle: Harnam Prajapati) With the progression of a second Trump...
India-based mircocap company, Baheti Recycling Industry Limited, specialised in recycling aluminium scrap into various aluminium alloys, reportedly concluded the day on June 9, 2025, at a 1.43 per cent higher than its previous closing price. The company’s share price clocked at INR 602 (USD 7.03)...
India is set to retain its position as the world’s second-largest primary aluminium producer, with a record-breaking monthly output in the opening month (April) of FY2025-26. Provisional figures indicate strong year-on-year growth in both primary aluminium and its core raw material (bauxite). While...
National Aluminium Company Limited (NALCO), a 'Navratna' company under the Schedule 'A' category of CPSEs, announced on Thursday, June 5, that its INR 30,000-crore capital expenditure plan for smelter expansion with captive power is still on track. This announcement was made to clarify the previous...
Aluminium prices moved up in the futures market on June 5, 2025. Traders increased their position sizes based on favourable spot market news. On the Multi Commodity Exchange (MCX), the July aluminium futures rose by 5 paise to INR 242.10 (USD 2.82) per kilogram. This represents positive momentum...
Negotiations between India and Oman for the proposed Free Trade Agreement (FTA), officially referred to as the Comprehensive Economic Partnership Agreement (CEPA), are progressing well, with Commerce and Industry Minister Piyush Goyal indicating that positive developments are expected shortly....
