This impending agreement between the UK government and Tata Steel is set to ensure the continuity of operations at the United Kingdom's largest steelworks.

Bombay Dyeing will sell the land parcel to Goisu Realty Private Ltd, a subsidiary of Sumitomo Realty & Development Company Ltd. Shares of Bombay Dyeing and Manufacturing Company Ltd ended at Rs 140.45, up by Rs 9.10, or 6.93 percent on the BSE.

Anuj Kathuria, President of JK Tyre & Industries, discussed how during the third quarter of the previous year, they observed a softening trend in commodity prices, which subsequently decreased to some extent. Importantly, they successfully implemented price increases when costs were on the rise, albeit with a delay in the replacement market. In the OEM sector, particularly within the passenger car segment, pricing is directly linked to fluctuations in raw material prices.

With this order, the company’s year to date (YTD) order intake has surpassed Rs 7,500 crores, which is a growth of 30 percent vis-à-vis last year.