On Monday, the Cabinet Committee on Economic Affairs comprising of Nitin Gadkari, Union Minister for Road Transport and Highways; Nirmala Sitharaman, Union Minister for Finance & Corporate Affairs and ...
ArcelorMittal, the world’s largest steel company, Sajjan Jindal-led JSW Steel, Hyderabad-based Megha Engineering and Infrastructure Ltd (Meil) and Tata Steel are among firms that have been shortlisted ...
Describing winning the bid for acquiring a majority stake in Odisha-based Neelachal Ispat Nigam Ltd (NINL) as “crucial” for the company’s growth trajectory, Tata Steel on Tuesday said it provides ...
The handover of Odisha-based Neelachal Ispat Nigam Ltd (NINL) to a Tata group firm is likely to be completed by mid of July, an official said. Tata Steel Long Products (TSLP) had in January emerged as ...
The government on Monday said it has approved sale of loss-making Neelachal Ispat Nigam Ltd (NINL) to Tata Steel Long Products Ltd for Rs 12,100 crore. NINL is a joint venture of four CPSEs, namely ...
"Post-acquisition, we will endeavour to ramp up the operations of NINL to its rated capacity of 1.1 million ton per annum within the next 1 year, subject to obtaining statutory clearances," ...
Tata Steel is going to invest up to Rs 6,600 crore in equity of Neelachal Ispat Nigam Ltd (NINL) to part fund the upcoming expansion plan of the long products subsidiary. The investment will be made ...
Bhubaneswar (Odisha) [India], January 28 (ANI): Tata Steel will expand the capacity of its three plants, Neelachal Ispat Nigam, Kalinganagar, and Bhushan, said T V Narendran, global CEO and Managing ...
Neelachal Ispat Nigam Ltd is expected to operate at 1 million tonne per annum (mtpa) capacity in FY24. In subsequent years – FY25 and FY26 – Tata Steel would look at completing expansion of phase-II ...
ArcelorMittal, JSW Steel, Tata Steel and Meil are among firms in the fray for buying the PSU NINL’s integrated steel plant is located at Kalinganagar Industrial Complex in Odisha The interest in ...