Sat, Feb 24, 2024
The MoU signing ceremony, presided over by Chief Minister Naveen Patnaik, marks a milestone in Odisha's journey towards becoming a hub for cutting-edge manufacturing and high-tech industries.
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Tue, Feb 13, 2024
Kalyani Steel Limited has proposed to invest Rs 26,000 crore to set up a titanium metal and aerospace components manufacturing and integrated advanced specialty steel and automotive components manufacturing complex at Gajamara in Odisha's Dhenkanal district, an official said.
Thu, Jan 11, 2024
Shares of Kalyani Steels Ltd. surged nearly 11% on Thursday to reach a 52-week high after the company emerged as the successful bidder for the assets of Kamineni Steel and Power India, which were under liquidation. The acquisition is expected to boost Kalyani Steels' production capacity and market share.
Kalyani Steels acquisition news: The acquisition of assets is carried out in accordance with invitation for sale of assets through e-auction, under Insolvency and Bankruptcy Code 2016, according to the filing.
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