BUSINESS
MC Explains: Why oil companies are making big plans to invest in renewable energy
IOC has the biggest share among India's oil firms with a total green energy capacity of 237.42 MW comprising 167.6 MW of wind and 69.82 MW of solar power.
BUSINESS
Truck operators say Adani cement firms ask is unviable; ACC dealers hurt by supply disruptions
The closure has impacted dealers in different ways ― UltraTech dealers are witnessing higher demand, some dealers of Ambuja Cement claim supply from the grinding unit in the state, and ACC dealers complain they are forced to idle away.
BUSINESS
Expect steel demand in India to accelerate: JSW Steel
JSW Steel reported a consolidated net profit of Rs 474 crore for Q3FY23 -- a 90 percent dip, YoY. Sequentially, the company is back in the black, after posting a loss of Rs 915 crore.
BUSINESS
Adani writes to HP government demanding revision in freight rates
The Adani group says high transportation costs are causing inefficiencies in its cement plant operations. It has blamed truck unions for keeping freight rates artificially high
BUSINESS
Budget 2023: No big-bang announcements expected for metals
In the Union Budget 2023-24, metal companies should watch for announcements on infrastructure spending, scrappage policy and electric mobility, which could bring indirect gains through increased demand and lower costs, say analysts
