Land Acquisition for INR 40,000 Crore Mega Steel Plant to Begin Soon in Odisha’s Keonjhar
Odisha CM Mohan Charan Majhi says land acquisition for a INR 40,000 crore mega steel plant in Keonjhar will begin soon. Aug 4, 2025 Odisha Chief Minister Mohan Charan Majhi on August 3, 2025 confirmed that land acquisition for a planned INR 40,000 crore steel plant in Keonjhar will commence shortly, as the developer, which is a joint venture between JGW Group and South […]
Tata Steel Acquires 100% Stake in Neelachal Ispat Nigam Limited
Tata Steel has completed the acquisition of a 100% equity stake in Neelachal Ispat Nigam Ltd (NINL), making it a wholly owned subsidiary. Jul 25, 2025 Tata Steel has announced that it has completed the acquisition of 100 percent stake in Neelachal Ispat Nigam Limited (NINL), thereby securing full ownership of the company. The acquisition […]
JSW Steel Acquires 100% Equity in Saffron Resources Worth INR 679.34 Crore
JSW Steel Limited has acquired 100 percent equity interest in Saffron Resources Private Limited, at an enterprise value of INR 679.34 crore with a holdback amount of INR 40.1 crore which shall be released upon meeting certain milestones. July 18, 2025 JSW Steel Limited has acquired equity interest in Saffron Resources Private Limited. Saffron Resources is […]
MIDC Kicks Off Acquisition of 3,500 Acres in Gadchiroli for JSW’s Mega Steel Plant
In a landmark move, MIDC began acquiring 3,500 acres in Gadchiroli’s Wadsa taluka to facilitate JSW Group’s INR 1 lakh crore, 25 million tonnes per annum integrated steel plant. Jul 17, 2025 The Maharashtra Industrial Development Corporation (MIDC) has initiated acquisition of approximately 3,500 acres in Wadsa taluka, Gadchiroli, marking the largest-ever land acquisition in this […]
Kamdhenu Limited to Acquire 56,000 Equity Shares of Maa Kudargarhi Power and Ispat Private Limited
Kamdhenu Limited has approved the acquisition of 56,000 equity shares of Maa Kudargarhi Power and Ispat Private Limited, a franchisee unit of the company engaged in manufacturing iron and steel products with an installed capacity of 3,60,000 MTPA. The total consideration for this transaction stands at INR 5,04,00,000. This acquisition is part of Kamdhenu’s strategic […]
Global Synergy in Motion: DeeTee Industries Acquires Italy’s COMESA S.r.l.
In an exclusive interview with Tube & Pipe India, Mr. Aradhya Baheti, MD of DeeTee Industries Private Limited, outlines the company’s strategic expansion and international collaboration, especially in Europe and North America. From acquiring Italy-based COMESA to adopting Industry 4.0 technologies and investing in AI-driven manufacturing, DeeTee is rapidly strengthening its global footprint. With a […]
ANDRITZ to Acquire Salico Group
ANDRITZ has signed an agreement to acquire Salico Group, a designer and manufacturer of advanced finishing equipment for metal flat strip processing. This acquisition marks another important step in ANDRITZ’s strategy to become the full-line supplier for the entire downstream portfolio in the ferrous and non-ferrous industries. July 06, 2025 International technology group ANDRITZ has […]
Shell Completes Acquisition of Raj Petro to Expand Lubricants Portfolio
Shell acquires Raj Petro to broaden its lubricants range, reinforcing its position in India’s retail fuel and service sector. Jul 2, 2025 Shell Lubricants has completed the full acquisition of Raj Petro Specialities, purchasing 100 percent equity from the Brenntag Group. This strategic move bolsters Shell’s lubricants portfolio and expands its customer base in India—an […]
DeeTee Industries Acquires COMESA S.r.l., Italy, Enhancing Global Manufacturing Capabilities
DeeTee Industries Private Limited has acquired COMESA S.r.l., an Italian manufacturer of leveller rolls. With the acquisition, DeeTee has expanded its product portfolio, introducing specialized rolls. Jun 11,2025 DeeTee Industries Pvt. Ltd. has acquired COMESA S.r.l., a leading Italian manufacturer of leveller rolls. This strategic acquisition strengthens DeeTee’s position in the global industrial tooling market […]
Jindal Steel Raises Bid to EUR 4 Billion for Italian Steelmaker
Jindal Steel & Power has reportedly raised its bid for an Italian steelmaker plant to about EUR 4 billion. Feb 27, 2025 Jindal Steel has raised its offer for a troubled Italian steelmaker to about EUR 4 billion (USD 4.2 billion) to outbid the competitors, as per a media report. The Indian steelmaker has proposed […]
