Govt imposes 20% safeguard duty on select steel products

Last Updated: Monday, September 14, 2015, 21:34

Government Monday imposed provisional safeguard duty of 20 percent on import of certain categories of steel with a view to protect domestic producers from recent surge in inward shipments, Finance Minister Arun Jaitley said.

India mulls safeguard duty on steel imports

Last Updated: Tuesday, September 8, 2015, 22:49

The government is likely to soon impose safeguard duty on imports of certain types of steel as it has found prima-facie evidence that surge in imports is hurting domestic producers.

Ease of doing biz: Cos bat for single-window clearance

Last Updated: Monday, August 31, 2015, 23:10

Top companies, including Tata Steel, Hindustan Unilever, ONGC and industry chambers have called for a single window clearance, simplification of regulatory mechanisms and tax structures, among others, to improve ease of doing business in India.

PK Singh selected new SAIL Chairman

Last Updated: Monday, August 31, 2015, 21:18

Government headhunter Public Enterprise Selection Board (PESB) Monday selected Durgapur Steel Plant's CEO P K Singh for the top post at domestic steel giant SAIL.

No extension for NTPC CMD Arup Roy Choudhury; to retire today

Last Updated: Monday, August 31, 2015, 02:36

National Thermal Power Corporation Limited (NTPC) chief Arup Roy Choudhury will retire from his services on Monday, after he was denied an extension by the government.

Tata group's revenue rises to $108.8 bn; headcount crosses 6 lakh

Last Updated: Sunday, August 30, 2015, 17:55

Top corporate house Tata group's total revenue rose by over five percent to USD 108.78 billion in the last fiscal, while its total headcount crossed six-lakh mark with IT and communications business accounting for more than half of the overall staff strength.

Tata Steel to mothball Wales plant, cut 250 jobs

Last Updated: Wednesday, August 26, 2015, 21:50

The jobs are expected to go mainly at Llanwern in Newport, where its mills will stop running.

Odisha may offer Posco the JV option with OMC

Last Updated: Tuesday, August 25, 2015, 19:07

Prime Minister's Principal Secretary Nripendra Misra on Tuesday held a meeting with Mines Secretary Balvinder Kumar, Steel Secretary Rakesh Singh, Odisha Chief Secretary G C Pati and Posco India CMD Gee Woong Sung on the steps that can be taken to save the project, sources said.

Tripartite meet on Posco project on August 25: Minister

Last Updated: Saturday, August 22, 2015, 22:08

The much-awaited tri-partite meeting on the country's biggest FDI project proposed by Posco is scheduled to be held in New Delhi on August 25, Odisha Steel and Mines Minister Prafulla Kumar Mallick said Saturday.

Govt looking into imposition of safeguard duty on steel import

Last Updated: Friday, August 21, 2015, 15:37

Decision regarding imposition of safeguard duty on import of steel will not be delayed if the Directorate General of Safeguards recommends restrictive duty, Revenue Secretary Shaktikanta Das said on Friday.

Tata Steel plans to raise Rs 1,500 cr via short-term debt notes

Last Updated: Thursday, August 20, 2015, 22:07

Tata Steel is planning to raise Rs 1,500 crore through issuance of commercial paper (CP), a short-term debt instrument.

Odisha to nudge Centre on Posco issue

Last Updated: Thursday, August 20, 2015, 21:15

The decision in this regard was taken at a high level meeting chaired by Chief Minister Naveen Patnik and attended by Steel and Mines Mminister Prafulla Kumar Mallick.