Karnataka Seeks Rs.5,000 Crore World Bank Aid for Disaster Resilience
JSW Group and POSCO to Establish Greenfield Steel Plant in Keonjhar
Odisha Chief Minister Mohan Charan Majhi announced that JSW Group, in collaboration with South Korean steel giant POSCO, will set up a greenfield steel facility in his home district of Keonjhar. This development follows speculation regarding the location of the joint venture. During his two-day visit to Keonjhar to celebrate Diwali, Majhi disclosed that discussions about the steel plant took place during roadshows for the upcoming Make-in-Odisha conclave held in Delhi and Mumbai. He confirmed that the two companies have signed a Memorandum of Understanding (MoU) to establish the plant, which w..
Coal India Eyes Dividend Return
Coal India Ltd. (CIL) is optimistic about rejoining the list of dividend-paying companies, primarily due to a notable improvement in the performance of its subsidiary, Eastern Coalfields Ltd. (ECL). ECL’s operational efficiency and financial performance have seen considerable progress, contributing positively to CIL’s overall profitability. After missing its dividend payout last year—a rarity given its history as a reliable dividend stock—CIL is working to restore shareholder confidence through enhanced production targets and cost-cutting measures. ECL's focused strategy on boosting pr..
Uttar Pradesh Advances Solar Energy Goals
Uttar Pradesh is amplifying its solar energy initiatives to create a sustainable, eco-friendly future for residential areas and the agricultural sector. Through increased access to solar power installations, both homes and farmers in the state are gaining opportunities to reduce dependency on conventional energy sources. The government’s focus includes solar panels in rural zones, agricultural solar pumps, and residential rooftop installations, aiming to cut electricity costs and boost productivity. These initiatives contribute to the state’s goal of a significant renewable energy share in..