Vikram Ispat had a turnover of over Rs 950 crore during the last financial year. “Grasim would transfer its Vikram Ispat undertaking into a new special purpose vehicle, to be formed as a ...

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India Business News: MUMBAI: Grasim Industries Ltd, of the Aditya Birla Group, has decided to put its sponge iron unit, Vikram Ispat, on the block. It had earlier announce ...

The development comes after Vikram Ispat’s parent Grasim Industries Ltd agreed to sell the 900,000-tonne factory in June to Welspun Steel and Power Ltd for Rs1,030 crore.

Welspun Power and Steel, which had signed the agreement to buy Vikram Ispat 11 months ago, on Friday completed the takeover of the sponge iron business from Grasim Industries. MUMBAI: Welspun ...

Welspun Power and Steel Ltd, a flagship company of the Welspun Group, is all set to invest more than Rs 4,000 crore in brownfield expansion of its recent acquisition of sponge iron business ...

Mumbai, June 10: Grasim Industries, an Aditya Birla Group company, has decided to sell its sponge iron business to Welspun Power and Steel for Rs 1,030 crore.. The slump sale of the business was ...

Amidst heavy rains, a barge carrying sponge iron for Vikram Ispat sunk off Alibaug on the western coast on Sunday, prompting the Coast Guard to carry out a rescue operation. MUMBAI: Amidst heavy ...

Indian cement producer Grasim Industries Ltd <GRAS.BO> said on Tuesday it was selling its sponge iron business to Welspun Power and Steel Ltd for 10.3 billion rupees ($240 million).

India Business News: The steel industry has got a fuel booster with the govt asking Mukesh Ambani's Reliance Industries to sell gas from its Andhra offshore field to compa ...

Essar will get 2.86 mmcmd, Ispat 0.53 mmcmd and Vikram Ispat the remaining 0.36 mmcmd.

Grasim Industries, flagship company of the AV Birla group, has agreed to sell its sponge iron business, Vikram Ispat, to Welspun Power and Steel for around Rs1,030 crore. Under a court approved ...