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The Latest Breaking News from RS

How the Russia-Ukraine War Could Affect the Steel Industry

As the Russia-Ukraine war continues, the steel market remains in focus, as the two warring nations account for significant global steel exports. With steel prices expected to remain high, fundamentally strong steel stocks ArcelorMittal (MT), Reliance Steel & Aluminum (RS), and Ternium (TX) could be solid investments right now.

StockNews.com

Telangana govt misleading farmers, says Piyush Goyal

HYDERABAD: Food distribution minister Piyush Goyal asked the TRS government to fulfil its responsibility, alleging that it is misleading farmers in the state about paddy procurement.

The Times of India

The Rolling Stones' 60th anniversary to be celebrated with series of shows on BBC

The four-part film is called My Life As A Rolling Stone and will be premiering on BBC Two and BBC iPlayer this summer

Daily Mirror

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Odisha MP Prasanna Acharya demands censorship of OTT platforms

BHUBANESWAR: BJD MP Prasanna Acharya on Wednesday demanded a law to censor contents on the OTT platforms and web channels.

The Times of India

Rajya Sabha adjourns within six minutes of convening for the day

Chairman Venkaiah Naidu refuses to admit notices by members to debate fuel price hike and general strike call given by trade unions and atrocities against Dalits in Rajasthan

The Hindu

4 Must-Own Momentum Stocks to Buy This Month

Given current market volatility, which is largely owing to the possibility of aggressive interest rate hikes later this year and rising oil prices, momentum stocks ITOCHU (ITOCY), Reliance Steel (RS), Univar (UNVR), and Danaos (DAC) could be wise bets now. These companies’ robust revenue and earnings growth should help their…

StockNews.com

Uttar Pradesh: Now, BJP, SP to battle it out in Rajya Sabha polls arena

LUCKNOW: After a high-decibel bipolar contest in UP polls, the BJP and SP look set to cross swords for elections to 11 Rajya Sabha seats which will fall vacant in UP in July next. Of the 11 retiring MPs, five are be of BJP, three of SP, two of BSP…

The Times of India

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RS election: Assam CM reaches out to suspended Congress MLA

GUWAHATI: Politics over Rajya Sabha (RS) election took a new twist in Assam after chief minister Himanta Biswa Sarma on Sunday reached out to suspended Congress MLA Sashikanta Das at his Raha residence in central Assam’s Nagaon district. From Das’s residence, Sarma announced that the Congress legislator will vote for…

The Times of India

Uttar Pradesh: Now, BJP, SP to battle it out in RS polls arena

LUCKNOW: After a high-decibel bipolar contest in Uttar Pradesh polls, the BJP and SP look set to cross swords for elections to 11 Rajya Sabha seats which will fall vacant in the state July next. Of the 11 retiring MPs, five are be of BJP, three of SP, two of…

The Times of India

BJP fields woman for lone Rajya Sabha seat from Nagaland

Party has fielded a woman from Konyak Naga community whose 14 members were killed by armed forces in 2021

The Hindu

Russia dropped from ship certification body as sanctions bite

The world's top association of ship certifiers has withdrawn membership from the Russia Maritime Register of Shipping (RS) due to the impact of sanctions on Moscow after its invasion of Ukraine, in another blow to the country's vital shipping sector.

Reuters

Rajya Sabha live updates | ₹418.70 crore spent on Central Vista so far, says Centre

The first part of the budget session had begun on January 29

The Hindu

Panel dispels myth on Muslim population

KOLKATA: If Muslims have a high birth rate, Hindus are a close second; fertility of all communities is dependent on socio-economic factors, like literacy, income and delivery of family planning education; fake news by propaganda machinery of the right-wing organisations must be countered by facts. These were the talking points…

The Times of India

EU must act to avoid Bosnia 'falling apart', Borrell says

European Union foreign ministers meeting in Brussels must take decisions to stop a "critical" crisis in Bosnia becoming worse, EU foreign policy chief Josep Borrell said on Monday.

Reuters

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Benzinga

Reliance Steel & Aluminum Q4 Results Surpass Street Expectations, Hikes Dividend By 27%

Reliance Steel & Aluminum Co (NYSE:RS) reported fourth-quarter sales growth of 86.9% year-over-year to $3.99 billion, beating the consensus of $3.83 billion. The gross margin contracted by 180 bps to 31.2%, and on an adjusted basis, declined by 140 bps to 31.5%. The operating income increased to $562.2 million from $183.4 million a…

Reuters

EU should consider sanctions on Bosnian Serbs if crisis worsens, document says

The European Union should consider sanctions on Bosnia's autonomous Serb Republic (RS) and also withhold financial support if the Balkan country's crisis continues to worsen, according to an internal EU document seen by Reuters.

The Times of India

TRS MPs move privilege motion against PM Narendra Modi

HYDERABAD: Stepping up their attack on PM Narendra Modi for his comments on bifurcation of Andhra Pradesh in Parliament, TRS MPs on Thursday moved a privilege motion against him in both Rajya Sabha and Lok Sabha.

Bangkok Post

RS announces takeover of ULife in B880m deal

SET-listed RS announced yesterday the acquisition of the entire business of Unilever Life (ULife), a direct sales business unit of the global consumer product conglomerate Unilever, with an investment of roughly 880 million baht.

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The Hindu

Parliament proceedings | February 4, 2022

Both the Houses continued with the Motion of Thanks on the President's address for the third consecutive day and are took up Private Members' Legislative Business.

Dynamite News

RS Chairman compliments MPs for 'disruption-free' day, hopes 'spirit will continue'

Rajya Sabha Chairman M Venkaiah Naidu on Thursday complimented the MPs for a 'disruption-free' day in the House on Wednesday during the debate on Motion of Thanks to the President and hoped that the spirit will continue to prevail throughout the session.

The Times of India

To condemn every man as rapist not advisable: Smriti Irani

NEW DELHI: Amid hearings in Delhi HC over criminalisation of marital rape, women and child development minister Smriti Irani told RS on Wednesday that while protection of women and kids was a priority, condemning every marriage as violent and every man as rapist was not "advisable".

The Hindu

Parliamenr proceedings | February 2, 2022

In the Lok Sabha, the Opposition cornered the government on issues of Pegasus, MGNREGS among others, while the BJP praised various initiatives of the Government

The Times of India

What of 12 MLC names pending with governor: Shiv Sena MP Sanjay Raut

MUMBAI: Responding to the SC verdict setting aside suspension of 12 BJP MLAs, Shiv Sena MP Sanjay Raut asked why no sympathy was extended to the MVA government’s nomination for appointment of 12 legislators under the governor’s quota.

StockNews.com

4 Quality Steel Stocks to Buy on the Dip

Steel companies benefited from sky-high steel prices in 2021. And although analysts expect steel prices to take a downward trajectory this year, they are expected to remain reasonably high. Furthermore, the industry is expected to witness robust demand on anticipated strong manufacturing activity. Thus, it could be wise to scoop…

Bangkok Post

RS unveils M&A-fuelled B2bn expansion strategy

SET-listed RS Plc plans to allocate between 1-2 billion baht for new merger and acquisition (M&A) deals this year to create opportunities for growth and expand the ecosystem for the group.

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