MANUFACTURING
JSW Steel Signs MoU With POSCO; To Set Up 6-MTPA Steel Plant In Odisha
JSW Steel Ltd has entered into a Memorandum of Understanding (MoU) with POSCO Group, outlining a framework for collaboration in the steel, battery materials, and renewable energy sectors in India. The Company has also signed a joint venture agreement to develop an integrated steel plant in Odisha with an initial capacity of 5 million tonnes […]
CW Bureau
·
Apr 18, 2026
HOSPITALITY
Tata Steel Completes Full Acquisition Of Medica TS Hospital In Odisha
Tata Steel Ltd has completed the acquisition of 100% stake in Medica TS Hospital Pvt Ltd from Manipal Hospitals Eastern India Pvt Ltd for a total cash consideration of ₹1.49 crore. With this transaction, Medica TS Hospital has become a wholly owned subsidiary of Tata Steel. Stake consolidation Under the Share Purchase Agreement dated March […]
CW Bureau
·
Mar 31, 2026
MANUFACTURING
Kiln Breakdown Hits Dalmia Cement’s March Sales By Up To 3 Lakh Tonnes
Dalmia Cement (Bharat) Ltd said a 14-day disruption in one of its three kilns at Rajgangpur in Odisha impacted cement sales by around 2.5–3 lakh tonnes in March 2026. The company said the breakdown occurred on March 13, affecting clinker production at a key facility supplying multiple eastern markets. Impact on eastern markets The affected […]
CW Bureau
·
Mar 29, 2026
