Jspl

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Jspl - Total results - 52
JSPL shares zoom nearly 14% after company reports consolidated net profit of Rs 306 cr in Q4
Business

JSPL shares zoom nearly 14% after company reports consolidated net profit of Rs 306 cr in Q4

Shares of Jindal Steel and Power Ltd (JSPL) on Tuesday rallied nearly 14 percent after the company reported a consolidated net profit of Rs 305.62 crore during the quarter ended on 31 March, 2020

JSPL's crude steel output remains flat during April; export contributes 74% of total sales volume
Business

JSPL's crude steel output remains flat during April; export contributes 74% of total sales volume

JSPL said the outbreak of pandemic began impacting economic activity by the third week of March, leading to the announcement of the nationwide lockdown.

Tata Steel leaves membership of Indian Steel Association; CEO TV Narendran steps down as President
Business

Tata Steel leaves membership of Indian Steel Association; CEO TV Narendran steps down as President

Tata Steel Ltd has withdrawn its membership from the Indian Steel Association (ISA), an apex steel industry body

Coronavirus pandemic may take a toll on domestic steel players' expansion plans, say experts
Business

Coronavirus pandemic may take a toll on domestic steel players' expansion plans, say experts

The outbreak and spread of the COVID-19 pandemic may adversely impact the expansion plans of domestic steelmakers, according to experts

Coronavirus Outbreak: JSPL announces Rs 25 cr contribution to PM-CARES Fund
Business

Coronavirus Outbreak: JSPL announces Rs 25 cr contribution to PM-CARES Fund

Private steel maker JSPL on Tuesday announced a Rs 25 crore contribution to the PM-CARES Fund to fight the outbreak of coronavirus in the country

JSPL shares climb over 4% after company reports highest-ever quarterly domestic production of crude steel in Q3
Business

JSPL shares climb over 4% after company reports highest-ever quarterly domestic production of crude steel in Q3

JSPL on Thursday said its domestic production of crude steel and related products for the quarter ended 31 December 2019 stood at 1.61 million tonnes (MT), up 22 percent from the year ago period.

Govt bowls a googly in corporate tax cut bill, implications of low labour force participation rate; read this and more on Moneycontrol Pro
Business

Govt bowls a googly in corporate tax cut bill, implications of low labour force participation rate; read this and more on Moneycontrol Pro

The government has introduced a bill in Parliament to implement the new corporate tax rates and replace the ordinance promulgated in September 2019.

Jindal Steel and Power denies payment defaults, says business as usual; company to announce Q1 results on 14 August
Business

Jindal Steel and Power denies payment defaults, says business as usual; company to announce Q1 results on 14 August

Jindal Steel and Power Ltd (JSPL) on Thursday said that it has not defaulted on any payments

Stressed steel assets may see lower recovery rates in second round; flat steel segment's growth may moderate to 5-5.5%
Business

Stressed steel assets may see lower recovery rates in second round; flat steel segment's growth may moderate to 5-5.5%

Sixteen of the accounts were in the steel sector, where the haircut required was a lower 47 percent, as compared to 69 percent for other sectors.

Shares of Jindal Steel and Power tumble 12% after weak March quarter results
Business

Shares of Jindal Steel and Power tumble 12% after weak March quarter results

Jindal Steel and Power Ltd (JSPL) shares slump 12 percent on Wednesday after the company's net loss widened to Rs 2,713.34 crore in the fourth quarter ended 31 March

SAIL likely to supply 10 lakh tonne steel for railway tracks in 2018-19; JSPL bags 1 lakh tonne rail order
Business

SAIL likely to supply 10 lakh tonne steel for railway tracks in 2018-19; JSPL bags 1 lakh tonne rail order

SAIL manufactures 260-metre-long rails at its Bhilai Steel Plant, and Naveen Jindal-led JSPL makes 121-metre-long track rails at its Raigarh unit and can weld these rails up to 480 metre.

Jharkhand mining summit: CM woos corporates; Adani group commits Rs 20,000 cr projects in 5 years
Business

Jharkhand mining summit: CM woos corporates; Adani group commits Rs 20,000 cr projects in 5 years

Abundance of minerals has made the state home to various mineral based industries that includes Tata Group, Aditya Birla and a host of others

Naveen Jindal's Jindal Steel and Power defaults interest payment on its NCDs
Business

Naveen Jindal's Jindal Steel and Power defaults interest payment on its NCDs

The NCDs had a coupon rate of 9.8 percent and Axis Trustee Services was the trustee

Coalscam: Special court directs CBI to confirm death of accused
India

Coalscam: Special court directs CBI to confirm death of accused

A special court on Tuesday directed CBI to verify the death of an accused in a coal scam case involving Congress leader and industrialist Naveen Jindal, ex-Minister of State for Coal Dasari Narayan Rao and others.

Coal scam: Court rejects Jindal's plea for permanent exemption from personal appearance
India

Coal scam: Court rejects Jindal's plea for permanent exemption from personal appearance

A special court on Monday dismissed a plea of former MP Naveen Jindal seeking permanent exemption from personal appearance till further order observing that "once a person is arrayed as an accused, he cannot enjoy the liberty as given by the Constitution to a common man."

JSPL to triple Angul steel plant capacity by end of 2016
Business

JSPL to triple Angul steel plant capacity by end of 2016

JSPL plans to raise the capacity of its steel plant using gasified coal at Angul in Odisha to 6 MTPA from 2 MTPA by the end of 2016.

Sense & nonsense in coal auction: Jindal's mine at Rs 108/tn, Birla's at Rs 3,502
Business

Sense & nonsense in coal auction: Jindal's mine at Rs 108/tn, Birla's at Rs 3,502

The ongoing coal auctions have ensured a transparent process and higher revenues for government, but they are still sub-optimal. The policy of awarding captive mines does not make much sense any more

Coal block auction: 134 out of 176 applications shortlisted
Business

Coal block auction: 134 out of 176 applications shortlisted

As many as 134 applications have been found technically qualified and shortlisted out of the 176 preliminary bids received for the coal block auction

Delhi HC order grants some respite for JSPL as 3 coal blocks taken off auction
Politics

Delhi HC order grants some respite for JSPL as 3 coal blocks taken off auction

In a relief for Jindal Steel and Power Ltd (JSPL) and its promoter Naveen Jindal, Delhi High Court today directed a technical committee to review its own decision to change the end-use of two coal blocks earlier alloted to the company and removing the mines from the auction.