CCI Approves NS Blackwater & JFE Steel’s Stake in BW Coal Mine

19 Feb 2025 CW Team

The Competition Commission of India (CCI) has approved the acquisition of certain interests in Blackwater Coal Mine by NS Blackwater Pty Limited and JFE Steel Australia (BW) Pty Ltd.

The proposed transaction involves NS Blackwater Pty Limited acquiring a 20% stake and JFE Steel Australia (BW) Pty Ltd. securing a 10% stake in the Blackwater Coal Mine (BW Coal Mine).

NS Blackwater is a newly established special-purpose vehicle created for this acquisition and is ultimately owned by Nippon Steel Corporation. Similarly, JFE Steel BW has been incorporated as a special-purpose vehicle for the transaction and is ultimately owned by JFE Holdings, Inc.

The BW Coal Mine, an open-cut operation in Queensland, Australia, has been in operation since 1967. In India, it supplies coking coal through imports, playing a crucial role in the country’s steel production sector.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..