Swansy Afonso
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Kumar Mangalam Birla To Tap India's Love For Gold With Jewellery Venture
Billionaire Kumar Mangalam Birla plans to start selling gold jewelry in the world’s second-biggest bullion market by July as his conglomerate diversifies into new areas to tap the Indian consumer.
- Monday February 26, 2024
- Author: P R Sanjai, Swansy Afonso
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Kumar Mangalam Birla To Tap India's Love For Gold With Jewellery Venture
Billionaire Kumar Mangalam Birla plans to start selling gold jewelry in the world’s second-biggest bullion market by July as his conglomerate diversifies into new areas to tap the Indian consumer.
- Monday February 26, 2024
- Author: P R Sanjai, Swansy Afonso
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Indian Steel Mills Seek Iron Ore Export Ban as China Sales Jump
Indian exports jumped 170% to 44 million tons last year, most of which went to China.
- Monday February 26, 2024
- Author: Swansy Afonso
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Indian Steel Mills Seek Iron Ore Export Ban as China Sales Jump
Indian exports jumped 170% to 44 million tons last year, most of which went to China.
- Monday February 26, 2024
- Author: Swansy Afonso
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JSW Steel Sounds Out Banks For $750 Million Loan
Steel tycoon Sajjan Jindal plans to borrow $750 million for capital expenditure purposes as India’s largest mill targets a major capacity expansion, according to people familiar with the matter.
- Thursday February 22, 2024
- Author: Ameya Karve, Swansy Afonso
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India Steel Mills Most at Risk From EU Carbon Plan, Goldman Says
Steel producers in India are most at risk from Europe’s new carbon tax on imports due to their high sales to the region and mills’ elevated emissions intensity, according to Goldman Sachs Group Inc.
- Thursday February 15, 2024
- Author: Swansy Afonso
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India Steel Mills Most at Risk From EU Carbon Plan, Goldman Says
Steel producers in India are most at risk from Europe’s new carbon tax on imports due to their high sales to the region and mills’ elevated emissions intensity, according to Goldman Sachs Group Inc.
- Thursday February 15, 2024
- Author: Swansy Afonso
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Tycoon Birla’s Hindalco Bids For Indian Critical Minerals Leases
India began the process late last year to hold its first tranche of auctions for critical minerals sites.
- Thursday February 15, 2024
- Author: Swansy Afonso, Menaka Doshi
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Billionaire Adani Secures Ore For $1.2 Billion Copper Smelter
The first 500,000 tons of capacity at the $1.2 billion facility in Mundra in the western state of Gujarat is set to start operations next month.
- Friday February 9, 2024
- Author: P R Sanjai, Swansy Afonso
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India Steel Demand Set To Grow Up To 10%, JSW Steel Says
JSW Steel Ltd. said it’s forecasting an even more dramatic 15% nationwide expansion in the year through March to 135 million tons.
- Wednesday January 31, 2024
- Author: Swansy Afonso, Menaka Doshi
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Tata Steel To Shut Down Loss-Making Blast Furnaces In The UK
Tata Steel Ltd. shares rose more than 2% in Mumbai on Friday after reports that the Indian company is set to shut loss-making blast furnaces in the UK.
- Sunday January 21, 2024
- Author: Swansy Afonso, Mark Burton
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Tata Steel To Shut Down Loss-Making Blast Furnaces In The UK
Tata Steel Ltd. shares rose more than 2% in Mumbai on Friday after reports that the Indian company is set to shut loss-making blast furnaces in the UK.
- Sunday January 21, 2024
- Author: Swansy Afonso, Mark Burton
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Vedanta Faces Investor Reckoning Over $3.2 Billion Of Bonds
Offers $779 million for 3 notes, with maturities extended. CreditSights recommends bondholders support the debt plan.
- Tuesday January 2, 2024
- Author: Swansy Afonso, Divya Patil, Saikat Das
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India Built the World's Biggest Office In Hopes of Dominating Diamond Trade
Surat in Gujarat state is cementing its ambitions to become the world’s capital for the diamond industry.
- Wednesday December 20, 2023
- Author: Swansy Afonso, Satviki Sanjay
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Gautam Adani's New Copper Foray to Further Tighten World's Ore Supply
The planned start of billionaire Gautam Adani’s copper plant in India next year will spur a sharp rise in imports of concentrate, further tightening the global supply of ore on which smelters rely.
- Thursday December 14, 2023
- Author: Swansy Afonso