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Jindal Stainless Hisar commissions 26,000 TPA capacity Precision Strip Mill

The capacity addition to JSHL’s Specialty Products Division is the first phase of the company’s brownfield expansion plan

Anthony Fernandes / Article rating: 4.4

On Wednesday, Jindal Stainless (Hisar) Limited (JSHL) announced the commissioning of the 26,000 tons per annum (TPA) capacity Precision Strip Mill as part of the first phase of its latest brownfield expansion plan at its state-of-the-art Specialty Products Division (SPD). This takes the total precision strip production capacity to 48,000 TPA from the existing 22,000 TPA. 

Hero MotoCorp expands Scooter range ahead of festive season; stock rises by one per cent

Launches Pleasure Xtec at a starting price of Rs 61,900

Anthony Fernandes / Article rating: 4.3

Aligned to its aggressive growth strategy in the scooter segment, Hero MotoCorp the world’s largest manufacturer of motorcycles and scooters, today launched a new scooter - the new Pleasure+ ‘Xtec - adding to the iconic Pleasure brand. 

Persistent Systems share price rises 4 per cent on strategic acquisitions

Acquisitions to serve as the foundation of a dedicated Persistent’s Payments business unit

Anthony Fernandes / Article rating: 4.2

Shares of IT services provider Persistent Systems were trading higher by 4 per cent intraday on Wednesday after the company entered into an agreement to acquire US-based Software Corporation International (SCI) and its affiliate, Fusion360, and the business of East Brunswick, New Jersey-based Shree Partners including its subsidiary in India. 

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