Railway Board chairman and CEO  V.K. Tripathi on Monday visited Paradeep Port and took stock of various developmental activities of railways in connection with traffic facilities and hassle-free ...

“We expect a steel shortage in Europe to emerge following the sanctions on Russia that should result in the escalation of prices until alternative sourcing is arranged. This will take time given...

India’s Jindal Steel & Power Limited (JSPL) will start building a coal mine in Botswana’s southeastern Mmamabula coalfields in 2022, aiming to supply the export market and a planned co...

Steel producer JSPL plans to invest Rs 18,000 crore to boost its Angul steel capacity to 12 million tonnes (mt) by 2023. “We are investing about Rs 18,000 crore to increase the Angul plant capac...

Runaway coking coal prices coupled with a limited scope to raise prices may keep margins under pressure for Indian steelmakers using the blast furnace route to produce the metal. Companies who have a...

State-owned refiner HPCL has reported a 22.4 per cent year-on-year decline in its net profit at Rs 1,923.5 crore during the July-September quarter against Rs 2,477.45 crore a year ago. The company had...

Jindal Steel & Power Ltd (JSPL) has flown into the crosshairs of proxy advisory firms that include Glass Lewis & Co over a proposal to pay a one-time remuneration to four independent directors...

Jindal Steel and Power Ltd (JSPL) on Tuesday said its consolidated net profit jumped over 10 times to Rs 2,516 crore during the June 2021 quarter. The company’s net profit after tax from continu...

Jindal Steel and Power Limited (JSPL) will invest over Rs 1 lakh crore in Odisha over the next 10 years, its chairman Naveen Jindal said on Wednesday. The Odisha government on Tuesday approved five m...

Leading domestic steel makers have hiked the prices of hot-rolled coils (HRC) and cold-rolled coils (CRC) by up to Rs 4,000 and Rs 4,900 per tonne, respectively, industry sources said on Thursday. Af...