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Sunday, May 26th 08:05 AM IST
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JSW Steel GALLERY.
Sajjan Jindal-owned JSW Steel today said the company never received any favour from the Karnataka government, and on the contrary, the state government has failed to fulfil its commitment. Though company is aggrieved, its image is being maligned as the Government of Karnataka is failing to place the facts before the public/ authorities that no favours were extended to the company, JSW Steel said in a statement. The CBI earlier this week had filed a charge-sheet against former Karnataka chief minister B S Yeddyurappa for allegedly granting undue favours to steel firms, including JSW Steel, in return for donations to a charitable trust run by his kin and thereby causing a loss of Rs 890 crore to the exchequer. [caption id=attachment_495616 align=alignleft width=380 Sajjan Jindal-owned JSW Steel today
JSW Steel today said it may take government to court following a Coal Ministry decision to deallocate Gourangdih ABC coal mine, allotted jointly to the Sajjan Jindal-led firm and Himachal EMTA Power. We have taken effective steps in development of mine and also in implementing the end use plant. We will take it up at appropriate forum either in the court or in the government, if they take that action which is not right, company's Joint Managing Director Seshagiri Rao said. [caption id=attachment_487502 align=alignleft width=380 JSW Steel today said it may take go
JSW Steel fell 2.4 percent on concerns a temporary suspension of mining activities in Goa which will impact domestic supply of iron ore. JSW purchases most of its iron ore requirements from domestic miners and may face higher prices as a result. [caption id=attachment_451342 align=alignleft width=380 JSW Steel fell 2.4 percent on conce
JSW Steel had raised $274.4 million by issuing FCCBs of $0.1 million each. Reuters JSW Steel had raised $274.4 million