CCI nod for acquisition of equity of Shiprocket by MUFG Bank (See 'Corp Brief') CCI okays acquisition of equity in Shiprocket by KDT Venture (See 'Corp Brief') CCI approves subscription to debentures of GMR Infra by Platinum Stone (See 'Corp Brief') DAC approves 5 capital acquisition proposals worth Rs 21,772 Cr (See 'Corp Brief') Atal Mission, Swedish Embassy celebrate SheSTEM 2024 (See 'Corp Brief') Arbitration Act - Appellant has no legal right to oppose withdrawal of application and/or insists that matter be referred to arbitration : HC (See 'Legal Desk') Arbitration-Arbitrator being judge of choice of parties not being bound by technicalities, hence, he is to follow principle of natural justice and those procedures which are provided under statute: HC (See 'Legal Desk') Adoption rate Of Ethanol Blended Fuel on the rise: Govt (See 'Corp Brief') India, Italy have strengthened bonds in Science and Innovation: MoS (See 'Corp Brief') IBC- Board has statutory mandate to oversee processes under Code and monitor performance of Insolvency Professionals, who are main driving force of CIRP : IBBI (See 'Legal Desk') Bharat NCX 2024 concludes with unprecedented success (See 'Corp Brief') SARFAESI Act - Petitioner company through its IRP is entitled to release of FDRs in their favour : HC (See 'Legal Desk') Coal production in November surpasses 90.62 Million Tonnes (See 'Corp Brief') MoS calls for strong StartUp-Industry linkage (See 'Corp Brief') Misc - Subsequent purchaser who fails to conduct proper inquiries about title & interest in immovable property they intend to purchase, can't be deemed 'bona fide' purchaser u/s 19(b) of Specific Relief Act: SC (See 'Legal Desk') Busan Summit: India calls for balanced approach (See 'Corp Brief') A&C - At stage of consideration of prayer u/s 11(6), Court has to confine itself to examination of existence of arbitration agreement: SC (See 'Legal Desk') Story of Viksit Bharat will be written in Alphabet of Science: MoS (See 'Corp Brief') Misc - No prior approval is required u/s 17A of Prevention of Corruption Act to 'trap' public servant who allegedly demands gratification: HC (See 'Legal Desk') NCGG achieves significant milestone (See 'Corp Brief') RTI - Information available on website is already in public domain: IBBI (See 'Legal Desk') SAIL, John Cockerill sign MoU to drive innovation and green steel technologies (See 'Corp Brief') Misc - Presumption u/s 20 of Prevention of Corruption Act is not necessary when nexus between demand and acceptance of illegal gratification stands established: SC LB (See 'Legal Desk') NHPC partners with GGGI to drive Clean Energy Innovations (See 'Corp Brief') Misc - Sale certificates neither transfer title nor require stamp duty, and filing of certificate u/s 89(4) of Registration Act suffices for registration: SC (See 'Legal Desk') Challenge to an arbitral award as being in conflict with 'public policy' (See CORP EINSICHT)

SAIL, John Cockerill sign MoU to drive innovation and green steel technologies

Published: Nov 30, 2024

By TIOLCorplalws News Service

NEW DELHI, NOV 30, 2024: STEEL Authority of India Limited (SAIL), a Maharatna and India's largest public sector steel producer, signed a Memorandum of Understanding (MoU) with John Cockerill India Limited (JCIL), the Indian arm of the global John Cockerill Group in Mumbai. This MoU aims to leverage the combined strengths of the two companies, including cutting-edge technologies, extensive industry expertise and a shared vision for innovation and sustainability. Mr Anil Kumar Tulsiani, Director (Finance), SAIL and Mr Michael Kotas, Managing Director-Metals Division, John Cockerill India Limited signed the MoU.

The focus areas of this collaboration will be Cold Rolling and Processing for Carbon Steel, Green Steel and Silicon Steel - specifically CRGO (Cold Rolled Grain Oriented) and CRNO (Cold Rolled Non-Oriented) steels. Additionally, the partnership seeks to integrate green technologies into iron and steelmaking processes and incorporate advanced steelmaking technologies to enhance efficiency and sustainability.

SAIL remains committed to transform traditional iron and steelmaking practices by adopting advanced, sustainable technologies. With a steadfast focus on reducing carbon emissions and improving resource efficiency, SAIL is aligning its operations with the evolving demands of a dynamic market and to contribute to a greener, more sustainable future.

TIOL CORP SEARCH

TIOL GROUP WEBSITES