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JSW Steel

JSW Steel.

JSW Steel
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New Delhi

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Tata Steel

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Sajjan Jindal

Sajjan Jindal
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Bombay Stock Exchange

Bombay Stock Exchange
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Steel Authority of India Limited

Steel Authority of India Limited
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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.
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.
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.
JSW Steel had raised $274.4 million by issuing FCCBs of $0.1 million each. Reuters
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.
FIRSTPOST. ARTICLES View all
JSW Steel Q4 profit falls 62% on low sales

JSW Steel Q4 profit falls 62% on low sales

May-23, 2013
JSW steel plant in Bengal is not stalled, says industry minister

JSW steel plant in Bengal is not stalled, says industry minister

Apr-29, 2013
JSW Steel plans to bid for iron ore mining blocks in Karnataka

JSW Steel plans to bid for iron ore mining blocks in Karnataka

Apr-24, 2013
\'Karnataka mines will take at least 2 years to be operational\'

'Karnataka mines will take at least 2 years to be operational'

May-21, 2013
10 things you need to know before the market opens

10 things you need to know before the market opens

May-24, 2013
FROM THE WEB.
JSW Steel\'s net profit falls 62% on project expansion

JSW Steel's net profit falls 62% on project expansion

May-23,2013
JSW Steel Q4 net profit down 61.56% at Rs 295.91 cr

JSW Steel Q4 net profit down 61.56% at Rs 295.91 cr

May-23,2013
Factors that will impact JSW Steel\'s Q4 earnings

Factors that will impact JSW Steel's Q4 earnings

May-23,2013
JSW Steel April\'13 crude steel production at 6.37 Lk tons

JSW Steel April'13 crude steel production at 6.37 Lk tons

May-22,2013
JSW Ispat reports Rs 159.33 cr net profit in Q4

JSW Ispat reports Rs 159.33 cr net profit in Q4

May-21,2013