Jindal Steel And Power
India  /  Published 01.06.22

Railway Board chairman visits Paradeep Port

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 ...
By Subhashish Mohanty in Bhubaneswar

Business  /  Published 07.03.22

War prises out markets for steel

“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...
By R. Suryamurthy in New Delhi

Business  /  Published 30.12.21

PLI window opens for steel

The Centre has sought proposals for the production-linked incentive (PLI) scheme in speciality steel, with the last date for submission being March 29. The PLI scheme for speciality steel was approve...
By Our Special Correspondent in New Delhi

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

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 26.07.21

Higher bid for JSPL power arm

JSPL on Sunday announced it has received a revised offer of Rs 7,401 crore from Worldone Private Limited for divesting its subsidiary company Jindal Power Limiter (JPL). Jindal Steel and Power Limite...
By PTI in New Delhi


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