Essar Announces USD 18 bn Integrated US Steel Investment

Cement Prices Rise Rs. 7 per Bag in September; October Hikes Expected

Cement companies may seek to raise prices by Rs. 5 to Rs. 20 per bag across most markets in October, although the ability to sustain the increases will depend on demand recovery and dealer acceptance, according to a report by Centrum Broking. The outlook follows a pickup in pricing momentum during September after largely stable prices in July and August. The all-India average trade price increased by Rs. 7 per bag month-on-month to Rs. 356 in September. Centrum Broking’s channel checks indicated gains across both trade and non-trade segments, with non-trade prices recording sharper increases..

Minister G Kishan Reddy Says No Coal Shortage Despite Higher Power Demand

Union Coal and Mines Minister G Kishan Reddy said India was not facing a coal shortage despite higher demand from thermal power plants, monsoon-related disruptions in mining operations and lower hydropower generation. He said coal was being supplied to power stations through railway rakes and road transport. Reddy made the remarks on Monday on the sidelines of the Assocham-organised Angul Aluminium Roadshow in Kolkata. His comments came amid reports of alleged supply constraints at some power plants, although he said the temporary interruptions should not be interpreted as a broader shortage. ..

Bondada Engineering Secures Rs. 1.47 bn in Multiple Orders

Bondada Engineering has secured multiple domestic orders with an aggregate value of Rs. 1.47 bn, the company disclosed in a filing with BSE on September 29, 2026. The orders cover telecom infrastructure, renewable energy and energy-efficient lighting solutions, and are inclusive of taxes. Bondada Green Engineering, a subsidiary of Bondada Engineering, received an order for the supply of 200 telecom towers under the BSNL 40GBT project in Gujarat. The award forms part of the company’s telecom infrastructure business and is linked to requirements in the state. Bondada Renewable Energy, another ..