JSW Steel acquires Full Ownership of NSL Green Steel Recycling

25 Sep 2023 CW Team

JSW Steel, a leading player in the steel industry, has taken a significant step in expanding its presence by acquiring full ownership of NSL Green Steel Recycling from National Steel Holding. This strategic move underscores JSW Steel's commitment to sustainability and its vision for a greener future. In this acquisition, JSW Steel gains complete control over NSL Green Steel Recycling, enhancing its capabilities in eco-friendly steel production and recycling. The move aligns perfectly with the growing global demand for environmentally responsible steel manufacturing practices.This acquisition positions JSW Steel as a key player in the transition towards sustainable steel production, further solidifying its position in the competitive steel industry. As the world seeks greener solutions, JSW Steel's investment in NSL Green Steel Recycling demonstrates a commitment to meeting the evolving needs of the market while reducing the carbon footprint associated with steel production.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..