Jindal Steel And Power
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

Business  /  Published 19.04.21

Steel prices may go up further

Steel prices might take at least two years to cool down as its demand is consistently increasing, a top industry executive said. During the current financial year, the demand for steel in India is al...
By PTI in New Delhi


Business  /  Published 09.04.21

Domestic steel sales increase

Frontline steel makers’ production and sales rose in the fourth quarter of 2020-21 compared with the preceding quarter, pointing to a pent-up demand despite skyrocketing prices in the domestic m...
By Sambit Saha in Calcutta

Business  /  Published 07.04.21

Investors feast on steel scrips

Frontline steel stocks touched fresh 52-weeks high on Tuesday on the back of strong international prices and buoyant export opportunities, overshadowing the fear of demand moderation in the domestic m...
By Our Special Correspondent in Calcutta

Business  /  Published 05.04.21

Steel giants rush to reduce debt

The debt reduction exercise undertaken by the frontline integrated steel producers appears to have topped the estimates of the analysts. Crisil, for instance, had guided a cut of Rs 25,000-crore debt ...
By Sambit Saha in Calcutta

Business  /  Published 04.03.21

JSPL in race for Reliance Naval

Shares of Reliance Naval & Engineering Ltd (RNEL) were locked at the upper circuit on Wednesday on reports that Jindal Steel & Power (JSPL) and two others are interested to acquire the company...
By Our Special Correspondent in Mumbai

Business  /  Published 22.01.21

Asian Paints net jumps to Rs 1,265cr

Asian Paints on Thursday reported a 62.28 per cent jump in its consolidated profit to Rs 1,265.35 crore for the third quarter ended December 31, 2020.   The company had posted a profit of Rs 779...
By PTI in New Delhi


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