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.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..