Markets

Plate prices down $6/MT, scrap fell $8/MT The US decision to impose flat 25% tariff on all steel and aluminum imports has negatively affected the sentiments in the Indian market which was just about seeing sings of positivity seeping due...

Shah sees opportunity to implement transformational growth strategy Owens Corning (NYSE: OC), a residential and commercial building products leader from Ohio, and Praana Group have signed a definitive agreement for the sale of Owens Corning’s glass reinforcements business to subsidiaries...

Bangalore testing facility to accommodate rising IoT customer demand Ayla Networks, a leading smart home and IoT software platform provider from San Jose, is expanding global operations to further support its growing customer base in China, India and North America....

Scudiere works on attracting top-tier talent in Bangalore Verint (NASDAQ: VRNT) is expanding the Global Innovation Centre (GIC) in Bangalore, marking a significant milestone in its commitment to innovation and growth. The decision to establish the Bangalore location as a...

Sarma works on connectivity with Gelephu Mindfulness City During his visit to Singapore 10-13 Feb, Assam Chief Minister Dr Himanta Biswa Sarma restated his state’s role as an Indian gateway to the Southeast Asian region as well as building trade...

Mills adopt state-of-the-art technologies The Indian steel market is expected to advance at a Compound Annual Growth Rate (CAGR) of 8.28% in value from US$102.67 billion in 2024 to an estimated US$166.96 billion by 2030, says an industry report. This...

Krishnakumar shares BPCL's strategy to secure crude supplies Petróleo Brasileiro S.A. (Petrobras) is to supply Brazilian crude oil grades to Bharat Petroleum Corporation Limited (BPCL) under an agreement announced on 12 Feb. The agreement was signed by Manoj Heda, Executive...

Deal commitment to India’s energy transition, says Joffroy TotalEnergies will supply Gujarat State Petroleum Corporation Limited (GSPC) with 400,000 tons of liquefied natural gas (LNG), amounting to six cargoes per year, starting from 2026 https://mnre.gov.in/. The French-origin energy group announced...

Krishnakumar to work on future-ready maritime network In a landmark development that is set to revolutionise India's maritime and energy sectors, Bharat Petroleum Corporation Limited (BPCL) has signed a Memorandum of Understanding (MoU) with the Shipping Corporation of India (SCI)...

Panandiker credits OMCs for LPG deliveries India’s success offers valuable lessons for other countries, particularly in tackling challenges related to affordability, access and infrastructure, according to observation made by Mary Burce Warlick, Deputy Executive Director of International Energy Agency (IEA)....