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Tata Steel | The company announced multiple strategic moves: the board approved the acquisition of a 50.01% stake in Thriveni Pellets Pvt Ltd from Thriveni Earthmovers for up to ₹636 crore, subject to regulatory approvals, securing a domestic supply of iron ore pellets. The company also approved a 4.8 MTPA capacity expansion at Neelachal Ispat Nigam and plans to set up a 0.7 MTPA hot-rolled pickling and galvanizing line at its existing cold rolling complex in Tarapur. Additionally, engineering work and regulatory approvals have commenced for a demonstration plant with around 1 MTPA capacity in Jamshedpur.

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Mazagon Dock Shipbuilders Ltd | Mazagon Dock Shipbuilders and the Indian Navy on Wednesday signed an MoU with the Brazilian Navy to enhance cooperation on Scorpène-

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