In a significant leadership transition, SML Isuzu Limited, a leading commercial vehicle manufacturer in India, has appointed C. S. Verma as its new chairman effective from September 22, 2024. Verma succeeds S. K. Tuteja, whose tenure ended on September 21, 2024, after 26 years of association with the company. The company sees Verma’s appointment as […]
Tata Steel Limited and Tata Steel Long Products Limited have signed a share sale and purchase agreement for acquiring a stake of 93.71% in Neelachal Ispat Nigam Limited (NINL) for INR 12,100 crores. Tata Steel and Tata Steel Long Products signed the agreement with MMTC, NMDC, MECON, Bharat Heavy Electricals Ltd (BHEL), Industrial Promotion and […]
Larsen & Toubro Limited (L&T) said that its construction division has bagged multiple orders in India valued in the range of INR 1,000-2,500 crores for its metallurgical a material handling (MMH) and buildings and factories (B&F) businesses. The metallurgical and material handling unit has won an engineering, procurement, and construction (EPC) order from NMDC Limited […]