Hindustan Zinc, Sandvik sign MoU for battery electric underground mining fleet

Maharashtra Mulls Turning Bhiwandi Into Asia’s Biggest Logistics Hub

Maharashtra Industries Minister Uday Samant told the Legislative Assembly that Bhiwandi could become Asia’s largest logistics hub. Responding to Bhiwandi East MLA Rais Shaikh, he announced a committee—comprising officials from the industries and urban development departments and including Shaikh—to frame a policy and tackle technical hurdles such as appointing an IAS officer to oversee the area and redefining the Metropolitan Region Development Authority’s powers.Bhiwandi already hosts a dense network of warehouses serving leading e commerce firms, and its jurisdiction of 144 squ..

ICRA Sees 2–3 per cent Growth for IT Sector in FY26

Credit rating agency ICRA has maintained a stable outlook for the Indian IT services industry, projecting a modest revenue growth of 2–3 per cent in US dollar terms for FY2025–26. This is slightly below the 2.9 per cent growth recorded in FY2024–25.The forecast is based on an analysis of 15 leading IT firms, including TCS, Infosys, Wipro, HCL Technologies, and Tech Mahindra, which together account for nearly 60 per cent of the industry's revenue. Despite recent gains in operating income, the sector’s earnings momentum is expected to remain weak due to uncertainties stemming from the re..

Tata Steel Eyes €500 Mn Savings, UK Green Steel On Track

Tata Steel expects a significant turnaround in its European operations this fiscal, driven by a cost transformation programme targeting €500 million in savings and steady progress on green steel initiatives, particularly in the UK.Addressing shareholders at the company’s Annual General Meeting, Chairman Natarajan Chandrasekaran said discussions are underway with the Dutch Government to secure financial and policy support for Tata Steel Nederland’s decarbonisation roadmap. The group is confident that the UK and Netherlands transitions to green steel will proceed as scheduled.In the UK, Ta..