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Top related persons:
Mukesh Gupta - 1 Nikunj Ohri - 1 Conor Humphries - 1
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Jammu DELHI India China
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REUTERS - 1 Trade - 1 Trade Organisation - 1 Jindal Stainless Ltd - 1 Steel Authority of India - 1 Thomson - 1

Search resuls for: "Jindal Stainless Ltd"


2 mentions found


☆ Exclusive: India to reject call for anti-subsidy tax on certain Chinese steel products
  + stars: | 2023-07-13 | by ( Nikunj Ohri Shivangi Acharya | Nikunj Ohri | Shivangi Acharya | ) www.reuters.com   time to read: +3 min
REUTERS/Mukesh Gupta/File PhotoNEW DELHI, July 14 (Reuters) - India will not impose countervailing duty (CVD) on select steel products imported from China despite a recommendation from trade officials and lobbying from local steel manufacturers, a government source told Reuters. The decision by the finance ministry aims to protect steel consuming firms from higher prices even though it could hurt local steel manufacturers, the source said. In April DGTR - which is India's trade ministry's arm that investigates unfair trade practices - recommended CVD on some stainless steel flat products. The finance ministry has rejected the recommendation despite steel purchases from China touching a six-year high in April-May period, with imports rising 62%. India's finance and trade ministry did not immediately reply to emails sent after office hours.
Persons: Mukesh Gupta, Nikunj Ohri, Conor Humphries Organizations: REUTERS, Trade, Reuters, Trade Organisation, Jindal Stainless Ltd, Steel Authority of India, Thomson Locations: Jammu, DELHI, India, China
☆ INDIA STOCKS Indian shares set for muted opening; Fed meet in focus
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +3 min
** Adani Ports and Special Economic Zone APSE.NS, India's largest private operator of ports, reported a 69% surge in quarterly profit on Tuesday, driven by strong cargo volumes. ** Sun Pharmaceutical Industries Ltd (SUN.NS) on Tuesday reported a surprise 10.5% rise in second quarter profit led by a surge in sales of specialty drugs. ** IT services provider Tech Mahindra (TEML.NS)reported better-than-expected quarterly profit and revenue on Tuesday, helped by strong demand and the company also declared a special dividend. ** Kansai Nerolac Paints Ltd (KANE.NS)reported a weaker-than-expected rise in second quarter profit on Tuesday, hit by higher input costs and a demand squeeze due to unseasonal rains. ** Voltas Ltd (VOLT.NS)posted a loss for the second quarter on Tuesday, dented by higher expenses and a one-off expense related to a contract termination.
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