Top Indian Metal & Energy Industry News & Updates - 24 May 2023,Wednesday
Govt. Policy / Industry
📝 Industry strides to clean energy: Gujarat
📝 India working on small modular reactors: Jitendra Singh
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Iron & Steel
📝 Indian-global mills need technology breakthrough for Green Steel, face 30% cost increase
📝 Sansera Engineering net profit dips 8.5% to ₹37.2 crore in Q4
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Aluminium & Copper
📝 Streamlining aluminium industry: Jindal Aluminium focuses on R&D for newer applications, to reduce costs
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Gold / Silver & Bullion
📝 Organised jewellery likely to witness 12-15 pc growth in revenue in FY24: Report
📝 India's organised jewellery retailers to continue to outpace industry in FY24, ICRA says
📝 Gold down Rs 350; silver tumbles Rs 660
📝 Rs 2,000 notes spur gold, realty sales
📝 How much Gold jewellery you can keep at home without proof and how it is taxed
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Oil & Gas / OMCs
📝 Aftermarket arm of Lumax Auto Tech to sell lubricants and coolants
📝 Analysts hopeful of BPCL's recovery post strong Q4
📝 Target to blend ethanol in petrol envisaged at NSI
📝 Oil prices rise on outlook for higher gasoline demand, tighter supply
📝 Adani Total Gas challenges PNGRB's authorisation orders for Faridabad-1 GA
📝 Govt mulling over to merge MRPL with HPCL: Report
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Coal / Mining
📝 NMDC Q4 Results: Net profit jumps 22% YoY to Rs 2,277 cr, revenue falls 14%
📝 Vedanta declares first interim dividend of Rs 18.50 per share for FY24
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Power
📝 UP Power consumer can claim compensation for service faults
📝 JSW Energy Q4 Results: Net profit plunges 68% YoY at Rs 282.03 crore on higher operational cost
📝 SJVN Q4 net profit grows over two fold to Rs 17 crore
📝 NTPC begins work at its hydrogen hub in Andhra Pradesh
📝 Kalpataru Power Transmission rechristened as Kalpataru Projects International
📝 Reliance Power offers Rs 1,200 crore to settle debt of VIPL power project
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Renewable Energy
📝 Waaree Renewables Technology Q4 net profit grows to Rs 12.3 crore
📝 Adani Green plans to raise up to ₹6,000 crore in share sale
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International
📝 Nigeria opens Africa's biggest oil refinery as it tries to boost struggling sector
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