CRISIL Reaffirms ESL Steel’s AA/Stable Rating, Strengthening Vedanta’s Steel Growth Story
CRISIL has reaffirmed ESL Steel's AA/Stable rating, citing its improving operational performance and strategic importance within Vedanta Iron & Steel. The rating strengthens investor confidence as ESL is expected to become a key earnings driver for the…
Vedanta Q4 Results 2026: Net Profit at ₹9,352 Crore, Margins Expand to 44%
Vedanta reports record FY26 results with ₹25,096 crore profit, Q4 PAT up 89% to ₹9,352 crore and revenue at ₹1.74 lakh crore, driven by strong operational growth.
Jindal (India) Launches ₹1,100-Crore Advanced Metal Coating Line in Howrah, WB
Jindal (India) Limited has commissioned a ₹1,100-crore advanced metal coating line in West Bengal, boosting coated steel capacity and supporting expansion in infrastructure and manufacturing sectors.
Vedanta Rolls Out India’s Biggest Employee Equity Plan, Grants ₹2,500 Crore in ESOPs
Vedanta launches India’s biggest ₹2,500 crore ESOP, offering shares at ₹1. Over 1,200 freshers included as stock options create massive wealth.
Tata Steel Acquires 50% Stake in Thriveni Pellets in ₹636-Crore Deal
Tata Steel has acquired a 50.01% stake in Thriveni Pellets Pvt Ltd for up to ₹636 crore, gaining control of a 4 MTPA pellet plant and a 212-km slurry pipeline in Odisha. The move strengthens the company’s raw-material security and upstream supply chain…