stainless

New Delhi [India], The Government of India has required that all stainless steel and aluminum utensils comply with the Bureau of Indian Standards (BIS).According to a press release from the Ministry of Consumer Affairs, Food and Public Distribution, this directive, effective as of March 14...

New Delhi, In a move aimed at enhancing consumer safety and product quality, the government has made it mandatory for stainless steel and aluminum kitchen utensils to conform to national quality standards, the Bureau of Indian Standards (BIS) said on Friday. .The Department for Promotion of...

SMPLNew Delhi [India], June 29: Synergy Steels, one of India's largest stainless steel manufacturers with a capacity of 250,000 tonnes, recently led a inspiring initiative at its facilities in Alwar, Rajasthan. The event focused on promoting sustainability and community engagement through...

New Delhi, Commerce Ministry's investigation arm DGTR has recommended continuation of countervailing or anti-subsidy duty on welded stainless steel pipes and tubes from China and Vietnam to protect domestic players.The Directorate General of Trade Remedies (DGTR) has said in a notification...

New Delhi, Jindal Stainless on Monday said it has acquired the remaining 46 per cent stake in Chromani Steels Pvt Ltd (CSPL) for Rs 278 crore.As a result, CSPL has become a wholly owned subsidiary of the company with effect from June 15, 2024, Jindal Stainless Limited (JSL) said in a release...

New Delhi, Jindal Stainless on Saturday said Chromani Steels Private Limited (CSPL) has become its wholly owned subsidiary with immediate effect.The Board of Directors of Jindal Stainless Limited (JSL) has approved the acquisition of the remaining 46 per cent equity stake in Chromeni Steels...

New Delhi, Jindal Stainless Ltd on Tuesday said it has completed the acquisition of Evergreat International Investments Pte Ltd, Singapore (EIPL)."It has acquired 100 per cent stake of EIPL. As a result, EIPL has become a wholly owned subsidiary, and Chromani Steels Pvt Ltd (CSPL) has become a...

New Delhi, Jindal Stainless on Wednesday said its consolidated net profit fell 30 per cent to Rs 500.65 crore in the March quarter due to falling raw material prices and margin pressure.The company said in an exchange filing that it had made a net profit of Rs 716.29 crore during the fourth...

New Delhi, Jindal Stainless on Wednesday reported a 30 per cent decline in consolidated net profit at Rs 500.65 crore for the March quarter due to lower income.It had posted a net profit of Rs 716.29 crore during Q4FY23, the company said in an exchange filing.The company's total income also...

New Delhi, Jindal Stainless Limited (JSL) on Tuesday said it has supplied Hi-N steel grade for the Vande Metro train project of the Indian Railways."Jindal Stainless has supplied around 50 tonnes of stainless steel of 21LN grade for the 12 coaches of the project. We will supply more material...

CHENNAI: Leading stainless steel maker Jindal Stainless has supplied high-strength stainless steel for the Vande Metro train to operate from July, the company said on Tuesday.Railways recently started Vande Metro train from Integra Coach Factory in Chennai.Jindal Stainless in a statement...

PN Ahmedabad (Gujarat) [India], May 3: Initial public offering of Ahmedabad-based Sai Swami Metals and Alloys Ltd. Dolphin brand manufacturers of stainless steel cookware and appliances and a wide range of stainless steel products received an overwhelming response for its Rs. 1 crore SME IPO...

New Delhi, Jindal Stainless Limited (JSL) will invest Rs 5,400 crore over the next two years for capacity expansion and acquisitions to boost the company's growth, its Managing Director Abhyudaya Jindal announced on Wednesday.About 90 per cent of the investment will be made from internal...

New Delhi [India], Jindal Stainless on Wednesday announced an investment of about Rs 5,400 crore to expand its melting and downstream capabilities. This announcement will further increase the company's stainless steel production. According to a statement from the company, it has announced a...

New Delhi, Jindal Stainless Ltd (JSL) will invest Rs 5,400 crore to expand capacity by 42 lakh tonnes per annum, company Managing Director Abhyudaya Jindal said on Wednesday.Addressing a press conference, Jindal said the investment will be made over the next two years.About 90 percent of the...

PN Ahmedabad (Gujarat) [India], April 29: Ahmedabad-based Sai Swami Metals and Alloys Ltd. Dolphin Brands maker of stainless steel cookware and appliances and wide range of stainless steel products plans to raise Rs. 15 crore from its SME public issue. The company has received approval to launch...

New Delhi: Stainless steel products maker Sai Swami Metals & Alloys Ltd will hit the capital market on April 30 to raise about Rs 15 crore from public investors.The company's initial public offering will open for subscription on BSE's SM platform on Tuesday and close on May 3, the company said...

New Delhi, Jindal Stainless has reduced carbon emissions by 2.4 lakh tonnes between 2022-23 and 2023-24, according to a company statement on Wednesday.Jindal Stainless Limited (JSL) is taking various measures to reduce the carbon component of its emissions to zero by 2050.The company plans...

New Delhi, Jindal Stainless on Tuesday announced a collaboration with global climate action body Science-Based Targets Initiative (SBTI) to develop measures that will help the company meet its net zero emissions target.Jindal Stainless Limited (JSL) is taking various measures to reduce the...

Kolkata, Shyam Metaliks & Energy Ltd on Tuesday announced it will invest Rs 650-750 crore in its stainless steel business over the next few years.The company said it will set up a state-of-the-art stainless steel hot roll coils (HRC) facility at its existing plant in Sambalpur, Odisha.As the...