Steel cos have a strong case against CCI price collusion findings
Mumbai: Steel companies including Tata Steel, JSW Steel and SAIL have a strong case to contest the Competition Commission of India’s (CCI) recent cartelisation charges as in most cases they are circumstantial or economic evidences such as price parallelism, said leading legal experts.

Steel cos hike prices by ₹4,000/tonne post safeguard levy
Mumbai: Days after India imposed safeguard duty, steel companies have increased prices by ₹4,000-4,500 a tonne bringing it closer to import parity. Prices of hot-rolled coil was hiked by ₹4,000 to ₹51,000 a tonne while cold-rolled coil prices were also increased by 2-4 per cent depending on the quality and specifications, said trade sources.

Tata Steel reports 'best-ever' quarterly production at India operations
Kolkata: Tata Steel on Wednesday announced its provisional production and delivery numbers for the third quarter of FY26 (Q3FY26), led by best-ever quarterly performance at its India operations.

Why has the copper price made an all-time high?
Copper has set a new record high, with three-month copper futures breaching the $13,000 per tonne level for the first time on the London Metal Exchange (LME). Copper return in one year is 40%, having jumped 11% in the last 30 days. Copper return in ten years is 11% CAGR.

Runaya, ECKART join hands to launch India’s 1st gas-atomised aluminium powders-making unit
Chennai: Runaya Metsource (“Runaya”), a company providing advanced technological solutions for circular economy and waste-to-wealth innovations, and ECKART, a global leader in aluminium granules and effect pigments headquartered in Germany, will come up with Runaya Eckart Aluminium Powders Private Limited (REL) in Jharsuguda, Odisha.

NALCO shares scale fresh record high after 14% jump in 4 days. Can the aluminium-backed momentum last?
https://economictimes.indiatimes.com/markets/stocks/news/nalco-shares-scale-fresh-record-high-after-14-jump-in-4-days-can-the-aluminium-backed-momentum-last/articleshow/126388433.cms

Anil Kumar Singh takes over as Director (Commercial) of NALCO
 

India should boost silver processing and diversify imports: GTRI
Silver is not just a precious metal but a key industrial and energy transition input, and India should focus on processing it by securing long-term overseas mining supplies, boosting domestic refining and recycling, reducing reliance on imported finished silver, and diversifying import sources, GTRI said.

Titan Company looks to lead the lab-grown diamond space with beYon
“In beYon, we are also playing to win… take pole position. And initially we might understand better how the assumptions on the unit economics, and all the assumptions on the top line et cetera are playing out over the next maybe five to ten stores,” Titan Managing Director (MD) Ajoy Chawla told analysts during an investor call on Wednesday.

Indian Gas Exchange eyes public listing by 2026-end
India’s first automated national level gas exchange, IGX is an associate company of Indian Energy Exchange (IEX) and operates under the regulatory framework of the Petroleum and Natural Gas Regulatory Board (PNGRB).

Reliance denies report claiming it imports Russian crude oil
 

Tata Power to set up Rs 6,675 cr ingot & wafer manufacturing facility in AP
 

Tata Power Renewable to invest Rs 6,675 crore in 10 GW solar ingot, wafer plant in Andhra Pradesh
Tata Power Renewable Energy will establish a greenfield 10 GW ingot and wafer manufacturing facility in Nellore, Andhra Pradesh, with an investment of Rs 6,675 crore.

Juniper Green Energy raises Rs 2039 crore
Juniper Green Energy raised Rs 2,039 crore in debt financing from global and national financial institutions such as NaBFID, HSBC, DBS, Barclays and Aseem Infrastructure for growth and development of upcoming renewable projects.

Satya Solar adopted an innovative business model to disrupt solar retail industry, incubated by 3EA global
 

Positioned Sterlite, Serentica & Resonia to offer integrated solutions for transmission, clean energy: Pratik Agarwal
Sterlite Group’s demerger to create Sterlite Electric and Resonia is an attempt to unlock full potential of the two entities in the Power sector, which coupled with Serentica Renewables creates a robust value chain offering integrated solutions across transmission, products and clean energy. In February last year, Sterlite Power demerged its business creating Sterlite Electric for manufacturing transmission cables and equipment and Resonia for the transmission infrastructure business.

Evacuating clean energy efficiently needs resolution of transmission blocks
Policymakers describe India’s transmission push in big numbers – kilometres of lines added, voltages upgraded, capital outlays committed. But the real test is whether the grid can reliably move clean electricity from generation points to consumption centres. These infrastructure investments should enable dependable power flows, not congestion or curtailment. A serious example is Rajasthan’s recent curtailment crisis, which shows why that expectation is not guaranteed.

Thyssenkrupp weighs phased sale of TKSE to Jindal Steel, sources say
Frankfurt/Duesseldorf/New Delhi: Germany's Thyssenkrupp could sell its steel division to India's Jindal ‌Steel International in several steps, four people familiar with the talks ​said, as the two sides try to strike a deal for the complex business. Jindal Steel has been conducting due diligence on Thyssenkrupp Steel Europe (TKSE) since October after making an indicative bid for Europe's second-largest steelmaker. The deal is key for Thyssenkrupp as the submarines-to-car parts group seeks to become leaner and more focused.