STAINLESS STEEL SALT TRANSPORTATION
United Airlines 737 MAX carrying 140 passengers to LAX diverts after mysterious object cracks cockpit windshield midair; pilot injured
A United Airlines Boeing 737 MAX 8 flying from Denver to Los Angeles diverted to Salt Lake City on October 16, 2025. A cracked windshield mid-flight led to the diversion. Passengers were rebooked on a replacement aircraft. The cause of the crack remains under investigation, with theories including space debris and hail. The incident caused a six-hour delay for passengers.
Stainless steel maker Mangalam Worldwide Q2 net profit grows to Rs 10.5 cr
In a remarkable financial leap, Mangalam Worldwide, a leader in stainless steel production, reported a stunning 52% surge in net profit for the September quarter, reaching Rs 10.53 crore. This impressive performance was driven by a 33% growth in overall income. Committed to enhancing profitability, the company is strategically pivoting towards value-added product lines.
Too much salt is silently sabotaging your health: Cardiologist reveals a smart hack to protect your heart and kidneys without sacrificing taste
Cardiologist Dr. Dmitry Yaranov (@heart_transplant_doc) warned about the hidden dangers of excessive salt intake, explaining how high sodium levels cause water retention, swelling, and high blood pressure—especially risky for heart patients. He urged people to “go smart-salt,” not “low-salt,” by avoiding hidden sodium sources and reducing intake gradually. Health experts, including the Mayo Clinic and WHO, recommend limiting sodium to around 2,000–2,300 mg per day to protect heart and kidney health.
Stop making these 7 mistakes while cooking food in air fryer, warns Harvard doctor
Air fryers offer a healthier way to enjoy fried foods. However, common mistakes can negatively impact gut health. Dr. Saurabh Sethi, a Harvard-trained doctor, reveals these errors. Choosing the right oils and seasoning at the correct time are crucial. Opt for healthy fats like avocado oil or ghee. Proper liners and avoiding reused oil are also important.
No Kings Protest on October 18: What are your legal rights and what to do during emergencies or if arrested
No Kings Protest: Millions of Americans are expected to join the ‘No Kings’ protests this weekend, prompting questions about how demonstrators can safely exercise their constitutional rights amid increased law enforcement oversight.
Dhanteras is not just about buying gold, silver: Check 5 rituals that can change your life, attract prosperity and wealth
Dhanteras, celebrated on October 18-19, 2025, marks the beginning of Diwali and is dedicated to Lord Kuber and Goddess Lakshmi. Beyond purchasing gold and silver, the festival emphasizes spiritual rituals like purifying spaces, praying to Lord Dhanvantari, and lighting diyas to invite wealth, health, and positive energy.
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JSW Steel board approves reorganisation of US entities & merger of some Indian subsidiaries
In a strategic shift, JSW Steel is revamping its operations in the United States. By merging three of its domestic subsidiaries, the company seeks to create a more agile and efficient framework. This restructuring will unify US business activities under one umbrella, minimizing legal complexities and ensuring smoother compliance processes.
JSW Steel Q2 Results: Cons PAT soars sharply by 307% YoY to Rs 1,646 crore, revenue jumps 12%
JSW Steel Q2 Results: JSW Steel on Friday reported its results for the second quarter ended September 2025, posting an impressive 307% YoY surge in its consolidated profit after tax (PAT) at Rs 1,646 crore, while its revenue from operations recorded a 12% YoY growth.
Stocks in news: RIL, Infosys, Wipro, Jio Financial, Tata Steel
Indian markets saw a strong rally on Thursday, with the Nifty 50 surpassing 25,600, driven by domestic earnings recovery optimism and positive global cues. Key companies like RIL, Infosys, and Wipro reported their second-quarter results, influencing trading activity. Analysts suggest a "buy on dips" strategy amidst sectoral rotation.
Shyam Metalics plans Rs 10k cr capex to increase capacity, Rs 40k cr topline in 2031 vision document
Shyam Metalics and Energy Ltd (SMEL) unveiled a Rs 10,000 crore growth plan for 2031, aiming to boost production capacity to 27 million tonnes and increase its topline to Rs 40,000 crore. The expansion, funded largely by internal accruals, will focus on speciality steel, flat products, and aluminium, with a goal to double export revenue.
Ashok Leyland secures major Tamil Nadu order for 1,937 State Transport buses
Ashok Leyland has secured a significant order for 1,937 buses from Tamil Nadu State Transport Undertakings. This order will supply fully built buses and chassis for various operations. The new vehicles will feature advanced iGen6 BS-VI technology and meet AIS 153 safety standards. This strengthens Ashok Leyland's position as a leading bus manufacturer in India, particularly in the southern market.
GHCL gets land, clearances for Rs 6,500-cr soda ash plant; construction in 6-7 months
GHCL is set to significantly expand its soda ash production. A new Rs 6,500-crore plant in Gujarat will boost capacity to 2.3 million tonne per annum by 2030. This expansion aims to meet growing domestic demand, particularly for solar glass manufacturing. The company is also diversifying into bromine and vacuum salt.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
There was a time when the mid-cap segment was one of the most vulnerable in the market. The reason: Lack of participation by domestic institutional investors. In the last three years, things have changed dramatically. Continuous flows to mid-cap mutual fund schemes have ensured that even at a time when valuations are expensive, as a segment, midcaps have been able to outperform the market. ET Screener, powered by Refinitiv’s Stock Report Plus, lists quality stocks with high upside potential over the next 12 months, and having an average recommendation rating of “Buy” or "Strong Buy". This predefined screener is only available to ET Prime users.
For investors with a time horizon of 1 to 2 years: 5 mid-cap stocks from different sectors with upside potential of up to 28%
Around this time last year, the mood was upbeat. GDP numbers were good, and there was no talk of any kind of slowdown. A year later, we have literally come full circle. After a clear slowdown in earnings, we are back to hoping that the GST rate rationalisation, lower interest rates, and more money in the pocket of consumers will bring back growth. One thing remains constant, though: Valuations were high then, and they are still high in a large part of the market. But then, valuations have been high for a long time, and they are likely to remain so if growth makes a comeback.
Jindal Stainless announces $150 million investment for slag processing unit
Jindal Stainless has announced a $150 million investment to set up a second slag processing unit at its Jajpur facility in Odisha, in a 15-year partnership with Harsco Environmental. The plant will recover metals from industrial waste, supporting the company’s expanded capacity and long-term circularity goals.
Who is Dallin H. Oaks, the new LDS Church president and why he urged young women to ‘dress modestly’
Dallin H. Oaks has been named the new president of The Church of Jesus Christ of Latter-day Saints. He will lead the church with Henry B. Eyring and D. Todd Christofferson as his counselors. President Oaks recently spoke about protecting families from harmful content. He also advised young women on modest dress. His background includes legal and educational leadership.
Stocks in news: Tech Mahindra, Axis Bank, Ola Electric, ICICI Lombard, Vedanta
Markets closed marginally lower on Tuesday due to trade concerns, with Nifty approaching key support. Tech Mahindra reported better-than-expected Q2 revenue, while Ola Electric is poised to enter the energy storage market. Several other companies like Axis Bank and ICICI Lombard will announce Q2 results today.
Precious or ordinary, metals are always about being contrarian & tactical: 6 metal stocks with upside potential of up to 42%
There are some sectors where you can buy and hold a stock and, over a period of time, it will deliver great returns. There are, however, some sectors where this approach does not work. Metal is one such sector. Reason: The sector is cyclical in nature and hence there is no option but to be tactical in investing. Now, the thing about tactical investing is that if you are able to invest in the right manner, the returns can be very good in the short term. Why? Because, when things improve in the sector, a ton of money flows into it in a short period of time. Yes, there is the risk of underperformance of capital, but then who said money is made without taking risk?
Jindal Stainless launches stainless steel salt tipper trailers for safe transportation
Jindal Stainless is excited to unveil its cutting-edge stainless steel salt tipper trailers, designed to address the persistent issues of corrosion and upkeep in salt logistics. With strong interest expected from major salt-producing territories, this advancement heralds a new era of safer and greener transport solutions.
Steel demand in India set to grow 9% in 2025, 2026
India's steel demand is set for strong growth. Consumption will rise by 9% in both 2025 and 2026. This surge is fueled by all sectors using steel. Globally, demand is expected to be flat this year. However, India's production is already growing. This positive trend is driven by infrastructure and housing projects.
India's small steelmakers cut output as weak demand, falling prices bite
India's small steelmakers face a downturn due to weak demand and falling prices, despite recent government tax cuts aimed at boosting growth. Construction slowdown, exacerbated by monsoon rains, and the impact of U.S. tariffs on consumer industries are contributing to reduced steel consumption. Producers have cut output as demand from key sectors remains sluggish.
10th steel bridge launched for Mumbai-Ahmedabad Bullet Train project
The Mumbai-Ahmedabad Bullet Train project launched its 10th steel bridge in Ahmedabad, a 60-meter structure erected over a railway facility. This marks a significant step for the project, which aims to drastically reduce travel time between Mumbai and Ahmedabad and boost regional economies.
Rainfall led to dip in CIL's coal output in September: G Kishan Reddy
Heavy rainfall in September disrupted mining operations, leading to a 3.9% year-on-year decline in production for Coal India Ltd (CIL). Despite this dip, the Coal and Mines Minister assured that there is no shortage of coal in the country. CIL's production for April-September also saw a decrease compared to the previous year.
Govt grants exemption to certain steel imports from QCOs
The government has exempted specific steel imports, including square tins for ghee, edible oils, structural steel tubes, and stainless steel utensils, from quality control orders. This exemption applies to products shipped by October 31st, offering relief to industry users who depend on these imports.
Jindal Stainless unveils first stainless steel fabrication unit with Rs 125 cr investment
Jindal Stainless launched its first stainless steel fabrication unit in Patalganga, Mumbai. The facility, built with an investment of Rs 125 crore, will serve the bridge sector. It aims to achieve an 18,000 tonnes annual capacity by FY27. This unit strengthens the company's infrastructure solutions. Jindal Stainless plans future expansion across India.
KVS Castings shares to debut today. GMP signals cautious listing
KVS Castings is set to debut on the BSE SME platform on October 6, after its Rs 27.83 crore IPO saw 4.09 times subscription despite a flat grey market premium. The company, manufacturing castings for auto and engineering sectors, reported an 11% profit rise in FY25 even with an 8% revenue decline, planning to use IPO funds for facility upgrades.
DGTR launches probe into cheap stainless steel imports from China, Indonesia, Vietnam
The Directorate General of Trade Remedies has initiated an anti-dumping investigation into cold-rolled flat stainless steel products imported from China, Indonesia, and Vietnam. This probe follows a complaint by the Indian Stainless Steel Development Association, citing prima facie evidence of dumping causing injury to the domestic industry, including price depression and declining market share.
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