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Business Jharkhand

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Business Jharkhand Headlines
• Dr Anjani Kumar Appointed WCL Technical Director Dr Anjani Kumar, an alumnus of IIT (ISM) Dhanbad, has been appointed Director (Technical, Projects and Planning) at Western Coalfields Limited (WCL). He studied BTech Mining Engineering at ISM from 1988 to 1992 and later completed a Ph.D in Environmental Science. Kumar began his career with Coal India Limited in April 1993 and has held several positions at BCCL.
• Hindustan Copper Plans 7200 Crore Investment Hindustan Copper Limited plans to invest Rs.7200 crore over four years to nearly triple Copper production capacity from 42 lakh tonnes to 122 lakh tonnes by 2029-30. In Jharkhand, Surda and Kendadih mines have resumed operations, while Rakha is expected to restart by December 2026. Rising production at Ghatsila could also create thousands of direct and indirect jobs.
• Tata Motors Vehicle Sales Rise 42.4% in September Tata Motors reported a 42.4% rise in total vehicle sales to 51,062 units in September 2026 from 35,862 units a year earlier. Domestic commercial vehicle sales increased 31.2% to 43,487 units, while international sales nearly tripled to 7,575. For the September quarter, total sales rose 42.7% to 1,35,114 units, supported by infrastructure, mining, logistics and e-commerce and festive demand.
• Hard Coke Industry Seeks Review of Coal Distribution Policy Hard coke producers at the 93rd annual general meeting of Dhanbad’s Industries and Commerce Association said the existing coal distribution policy is hurting the industry. They opposed supplying valuable coking coal to power plants and criticised e-auctions for raising prices and market uncertainty. Entrepreneurs also sought better roads, electricity, transport infrastructure and coordination between administration and industry to support industrial growth.
• Tata Steel Invests 3,260 Crore in Singapore Subsidiary Tata Steel has invested 3,260 crore in its Singapore based wholly owned subsidiary, T Steel Holdings, to strengthen global operations and support its European business. The investment is part of a $2 billion financial package approved by the board. T Steel Holdings is overseeing debt repayment, financial restructuring and green steel transformation at Tata Steel’s UK and Netherlands operations amid pressure on steel prices.
• Tata Steel Employees Housing Plan Again in Focus After Four Years The long pending housing plan for Tata Steel employees in Jamshedpur has returned to discussion after the issue was raised at a Joint Departmental Council meeting. Land was reportedly purchased in Dobo for the proposed housing society, but the project did not move ahead. Union president Sanjeev Chaudhary said the matter will be reviewed and discussed with Tata Steel management.
• Tata Displaced Raiyats Demanded Land Survey in Jamshedpur Tata-displaced raiyats in Jamshedpur have again sought a survey of their land, with Jharkhand Moolvasi Adhikar Manch submitting a memorandum to the district administration. The group urged the deputy commissioner to send a proposal to the State Government. It said land related documents were submitted several times between December 2025 and July 2026, but no further action has followed.
• Coal Transport Stopped at Khasmahal-Konar Project Over Local Sale Issues Coal transportation at CCL’s Khasmahal-Konar project in Bokaro was disrupted after loading workers, truck owners, lifters, coal dealers and displaced villagers launched a phased protest over alleged irregularities in local coal sales. They stopped highway transportation and weighbridge operations, demanding adequate coal allocation, better quality and a review of bidding, alleging outside transporters were affecting local employment opportunities.
• Tata Motors Workers Celebrate 14.03% Bonus Agreement Tata Motors Jamshedpur employees will receive a 14.03% annual bonus, with the maximum payout fixed at Rs. 87,543 and average at Rs. 53,787. The agreement also cleared recruitment of 151 full term apprentices. After the deal, employees celebrated outside the plant, welcoming union leaders with garlands and dancing to drumbeats. The bonus is higher than last year’s 12.3%.
• 40% Rural Road and Bridge Plans Await DPRs in Jharkhand Around 40% of rural road and bridge schemes recommended by MLAs in Jharkhand are awaiting DPRs, delaying their approval. The Rural Works Department has directed divisions to prepare and submit DPRs using the new Schedule of Rates. Proposals prepared earlier under old rates have been returned, while estimates of approved schemes must also be revised before tenders are issued.
• Tata Sons May Exit NBFC Status to Avoid Listing Rules Tata Trusts has proposed merging Tata Electronics Systems Solutions (TESS) and Tata Consultancy Services (TCS) into Tata Sons to change its financial structure and avoid RBI’s upper layer NBFC and core investment company regulations. The restructuring could reduce financial assets and the share of group company investments below the CIC threshold. The move aims to preserve Tata Sons’ long-standing private ownership structure.
• Jharkhand Explores IT Park and GCC Investment with RMZ Jharkhand Chief Minister Hemant Soren met RMZ Infrastructure President Deepak Chhabaria in Ranchi to discuss investment opportunities in IT and emerging sectors. Talks covered Global Capability Centres, artificial intelligence, semiconductors, advanced manufacturing, nuclear energy and digital infrastructure. The proposed Ranchi IT Park is targeted for 2029, with phased employment generation expected to reach 75,000 opportunities, according to the government.
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