Abhishek Law

2 weeks ago | flipboard.com | Abhishek Law

NowMumbai homes are making a giant mess. Over 2,000 buildings being torn down, built back upThe frantic redevelopment is generating new housing stock even in saturated pockets like Bandra, Colaba, Andheri, and Chembur. Nearly 2,050 buildings …8 hours agoThis ex-Tesla employee just launched a cheap electric motorcycleZeno, a startup aimed at markets in Africa and India, makes an electric bike that outperforms gas motorcycles and costs less—so customers don’t need a green incentive to buy them.

2 months ago | thehindubusinessline.com | Abhishek Law

State-owned steel major, SAIL (formerly Steel Authority of India Ltd), will teeter on a financial tightrope. Facing a Q3FY25 debt position of ₹33,000 crore, up from FY24-levels, the company is looking to slash debt to ₹30,000 crore in FY25, and free up cash for a colossal ₹1.1-1.2 lakh crore expansion, Amarendu Prakash, Chairman and Managing Director, SAIL, told businessline. The 15-million-tonne per annum (mtpa) addition will be over its existing 20-mtpa capacity.

2 months ago | thehindubusinessline.com | Abhishek Law

State-owned miner Coal India Ltd (CIL) is exploring a 50:50 joint venture with Argentina’s YPF for lithium exploration, mining, and commercial use in the Latin American nation. A non-binding agreement was signed two months ago, and once lithium blocks are identified and finalised, a binding framework will be established, an official, requesting anonymity, told businessline.

2 months ago | thehindubusinessline.com | Abhishek Law

India has overhauled its procurement policy - Domestically Manufactured Iron & Steel Products Policy-2025 - to curb rising steel imports that threaten domestic market stability and primary steel mill production. The revised policy mandates priority for locally produced steel in government contracts while blocking foreign competition through stricter procurement rules.

2 months ago | thehindubusinessline.com | Abhishek Law

India’s 12 major ports —led by Deendayal Port (Gujarat) —saw a 5 per cent rise in traffic for FY25 to 855 million tonne (mt), as against the 819.30 mt they reported in the year-ago-period, data from India’s Ports and Shipping Ministry showed. Deendayal Port in Kandla saw over 13 per cent increase in traffic to over 150 mt, up 13.44 per cent over the 132.4 mt in the year-ago-period. In volume terms, Paradip reported 150.4 mt of cargo traffic —highest among ports, up around 4 per cent, to 145.4 mt.