CRISIL Reaffirms ESL Steel's AA/Stable Rating, Strengthening Vedanta's Steel Growth Story

CRISIL Reaffirms ESL Steel’s AA/Stable Rating, Strengthening Vedanta’s Steel Growth Story

CRISIL has reaffirmed ESL Steel’s AA/Stable rating, citing its improving operational performance and strategic importance within Vedanta Iron & Steel. The rating strengthens investor confidence as ESL is expected to become a key earnings driver for the Vedanta Group.

CRISIL Reaffirms ESL Steel’s AA/Stable Rating, Strengthening Vedanta’s Steel Growth Story Read More
Tata Steel Acquires 50% Stake in Thriveni Pellets in ₹636-Crore Deal

Tata Steel Acquires 50% Stake in Thriveni Pellets in ₹636-Crore Deal

Tata Steel has acquired a 50.01% stake in Thriveni Pellets Pvt Ltd for up to ₹636 crore, gaining control of a 4 MTPA pellet plant and a 212-km slurry pipeline in Odisha. The move strengthens the company’s raw-material security and upstream supply chain capacity.

Tata Steel Acquires 50% Stake in Thriveni Pellets in ₹636-Crore Deal Read More