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Jindal Steel And Power Ltd
Business  /  Published 21.11.21

JSPL goes to Botswana

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...
By Reuters in Gabarone

Business  /  Published 08.11.21

JSPL to invest Rs 18,000cr

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...
By R. Suryamurthy in New Delhi

Business  /  Published 05.11.21

Costly coking coal hurts steel

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...
By Sambit Saha in Calcutta

Business  /  Published 03.11.21

HPCL profit down 22%

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...
By Our Special Correspondent in New Delhi

Business  /  Published 28.09.21

Activism erupts over JSPL director pay

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...
By Our Special Correspondent in Mumbai

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Business  /  Published 11.08.21

JSPL net profit up to Rs 2,500cr

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...
By Our Special Correspondent in New Delhi

Business  /  Published 08.07.21

JSPL cash splurge for Odisha

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...
By Our Bureau in Mumbai

Business  /  Published 04.06.21

Steel makers hike prices

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...
By PTI in New Delhi

Business  /  Published 11.05.21

Bull run in metals stokes inflation fear

Iron ore futures surged more than 10 per cent and copper jumped to a record amid growing bets they’ll be among the biggest winners from a commodities boom that’s stoking concerns about inf...
By Reuters, Our Bureau in Beijing

Business  /  Published 28.04.21

JSPL sells stake in arm to Worldone

Jindal Steel and Power (JSPL) on Tuesday said its board has approved the divestment of its entire equity interest in Jindal Power to Worldone, a promoter group company, for Rs 3,015 crore as part of i...
By Our Special Correspondent in New Delhi


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