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Steel industry should reduce its dependence on railways for transportation of raw material, finished product: Dr. Aruna Sharma, Union steel Secretary

As per the national steel policy the government of India has targeted 300 MT steel capacity by 2030. However, high input cost, rising debt have posed a major challenge before the industry. The steel industry is actively working on several fronts to resolve the issues says Dr. Aruna Sharma, union

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Reliance Jio to acquire wireless infrastructure assets from Reliance communications

Mumbai : Reliance Jio Infocomm Limited (“RJIL”), a subsidiary of Mukesh Ambani controlled Reliance Industries Limited (“RIL”), today announced signing of definitive agreement for the acquisition of specified assets of Reliance Communications Limited (“RCOM”) and its affiliates. An asset monetization process for RCOM assets was mandated by the lenders of RCOM,who

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