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Indian steelmakers face debt challenges after snapping up stressed assets

Manufacturing

29 October, 2019

Indian steelmakers face debt challenges after snapping up stressed assets

India's biggest steelmakers may be suffering from buyer's remorse as assets they bought from bankrupt rivals stretch their bottom lines ......

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Flashback 2018: Steel and power on the mend, renewable energy sector consolidates

Infrastructure

26 December, 2018

Flashback 2018: Steel and power on the mend, renewable energy sector consolidates

India’s infrastructure story basically continued from where it had ended last year, and rather predictably at that. Even though the infrastructure ......

Tata Steel to acquire Usha Martin's steel business for up to $650 mn

Manufacturing

23 September, 2018

Tata Steel to acquire Usha Martin's steel business for up to $650 mn

Tata Steel Ltd has agreed to buy the steel business of Usha Martin Ltd, its second acquisition of a stressed ......