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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Apple orchestrated an airlift of five planeloads of iPhones and other products from its manufacturing hubs in India and China to the United States over a span of just three days in late March. The reason behind the move? A swift manoeuvre to sidestep impending US tariffs. This fast-paced, decisive...
India hogs the limelight in the global mining sector with back-to-back discoveries of natural resources like bauxite. After Meghalaya , it is now Kerala, a southern part of India, where the Geological Survey of India (GSI) has found the richest aluminium ore deposit, particularly in Karadukka in...
Aluminium giants, among other metal businesses in India, reportedly plan to expand rapidly and vigorously to support domestic demand. The transformation in business strategy for these metal producers comes as two major factors weigh in — the US tariff creating international price volatility and...
In the dynamic industrial landscape of India, heavy industries such as aluminium, steel, and cement are on the brink of a renewable revolution. Traditionally reliant on captive coal generation, these sectors now face a transformative 20 GW solar open access opportunity, a prospect that promises to...
Around mid-week, the Geological Survey of India (GSI) revealed their recent finding of the moderate-quality bauxite resources in the Rymrai area of West Khasi Hills. Alongside the resources, GSI also conveyed their findings, including substantial reserves near a village in East Khasi Hills. Image...
Premier Energies Limited has established a wholly owned subsidiary, Premier-Green Aluminium Private Limited (PGAPL), according to a regulatory filing dated April 3, 2025. The Ministry of Corporate Affairs issued its certificate of incorporation on the same day. PGAPL has been launched with an...
The trade battleground is heating up as US President Donald Trump announces reciprocal as well as a bout of tariff on ‘Liberation Day,’ and India has found herself at the centre of a high-stakes of the sparking trade war. The United States slapped with a 26 per cent tariff on Indian goods, and it...
A devastating explosion in a firecracker storage godown on Dhunva Road in Deesa, Banaskantha district, Gujarat, claimed 21 lives and left six others injured on Tuesday morning. A forensic investigation has confirmed that aluminium powder, a key ingredient in firecrackers, was responsible for the...
Indian conglomerate Vedanta, spanning metals to oil, is seeking a global partner for expansion projects worth $20 billion, according to a tender document. Led by billionaire Anil Agarwal, the company—soon to be split into five entities:Vedanta Limited, Vedanta Aluminium, Vedanta Oil and Gas,...
A grand success witness, Sandhar Ascast, a subsidiary of Sandhar Technologies, a leading automotive parts manufacturer, after the acquisition of Sundaram-Clayton’s Hosur aluminium die-casting business. In the present market condition, the acquiring company witnessed an increase of 2.82 per cent,...
Vikram Handa established Epsilon Group in 2010, a prominent industrial conglomerate dedicated to advancing the global carbon black and battery materials sector. With a mission to decarbonise economies and foster cleaner technologies, the group has distinguished itself through its subsidiaries,...
The Bureau of Indian Standards (BIS), India’s National Standards Body, has reportedly mandated certain products, mostly belonging to the aluminium industry, to adopt BIS standards and obtain licenses to sell products in the domestic market. BIS plays a crucial role in product certification schemes,...
A preliminary survey was recently conducted on Forest Department land in Narlam in preparation for proposed bauxite mining operations. The inspection was led by M.C. Kishore, Additional Director of State Mining and Geology, with the participation of Revenue and Forest officials. Bauxite deposits...
In a calculated move to tackle the overstuffing of the ‘material in question’ in its domestic aluminium industry, the Indian government imposed a provisional anti-dumping duty on aluminium foil imports from China. Effective from March 17, 2025, this measure levies duties ranging between USD 619 and...
India's engineering goods exports experienced a decline in value during February 2025, marking the first monthly fall since April 2024, affected by slower exports of aluminium, steel, copper, and iron. According to the Engineering Export Promotion Council (EEPC), India's export value stood at $9.4...
Odisha stands as a testament to resilience and progress. Boasting rich mineral reserves, the state has emerged as a major manufacturing hub in India, supported by a dynamic industrial ecosystem. At the heart of this growth lies Odisha's thriving metals and mining sector, playing a pivotal role in...
In the heart of Odisha’s Kalahandi district, a storm brews over bauxite mining — a saga intertwining corporate ambitions, tribal rights, and the promise of progress. Recently, a full-page advertisement appeared in the leading Odisha dailies, championing bauxite mining in Kalahandi. The ad,...
India’s aluminium production experienced a modest uptick during the April to February period of the financial year 2024-2025, recording a 0.9 per cent increase to reach 38.36 lakh tonnes (3.836 million tonnes), compared to 38 lakh tonnes (3.8 million tonnes) in the same period the previous year,...
