JSW Steel Q4 results: Consolidated profit shrinks 87% to Rs 188 cr; total income drops 20% to Rs 18,009 cr
Sajjan Jindal-led JSW Steel on Friday reported a sharp 87.42 percent decline in consolidated net profit to Rs 188 crore for the quarter ended on 31 March, 2020, mainly on account of lower-income
Narendra Modi's Rs 20-lakh cr economic stimulus package to boost Make in India programme: Sajjan Jindal
Industrialist Sajjan Jindal on Wednesday welcomed the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi to revive the economy hit by COVID-19, saying it will give a boost to the ambitious Make in India programme
JSW Steel has registered a sharp fall of about 60 percent in its crude steel production at 5.63 lakh tonne (LT) amid lockdown during April 2020. The company had produced about 13.90 LT of crude steel during the same month in 2019
Stock markets trade in green: Sensex rises 400 points, Nifty stays at one-month high in opening session; HDFC bank jumps 5.2%
The Sensex surged over 400 points in opening trade on Monday led by gains in index heavyweights HDFC twins and Infosys amid positive cues from global markets.
The outbreak and spread of the COVID-19 pandemic may adversely impact the expansion plans of domestic steelmakers, according to experts
As the 21-day lockdown period is nearing end, private steel maker JSW Steel has started preparing to scale up its production
Coronavirus Outbreak: SAIL facing order cancellations, re-scheduling due to lockdown; JSW Steel suspends manufacturing operations
SAIL faced a marginal hit to production and some of its inventory was piled up at ports, the source said, declining to be identified due to the sensitive nature of operations.
Sensex tanks over 450 points, Nifty below 12,000-mark; coronavirus spread beyond China renews concerns over global growth
Tata Steel was the top loser in the Sensex pack, cracking over 4 per cent, followed by HDFC, ITC, ICICI Bank, Maruti, Hero MotoCorp, NTPC and PowerGrid.
NCLAT allows JSW Steel to acquire Bhushan Power for Rs 19,700 cr; grants immunity from prosecution by ED
A two-member bench headed by Chairman Justice S J Mukhopadhaya, said that JSW Steel will be immuned from the acts done by the former promoters of Bhushan Power & Steel.
Forma hoped to become one of the top five readymade furniture brands in India
Karvy case gets murkier, who benefited the most from India's economic growth; all this and more on Moneycontrol Pro
The Karvy case is becoming messier by the day and threatens to take down an important segment of the market—loans against shares (LAS)— albeit for the short term.
NCLAT directs Enforcement Directorate to file final affidavit in Bhushan Power & Steel assets attachment matter
Earlier, on 25 October, the NCLAT had asked both organisations, which are presently headed by Sitharaman, to settle the matter adding that there was no question of amendment of laws.
Govt plans to amend Insolvency and Bankruptcy Code to ring-fence buyers of stressed assets from prosecution
In many of the cases under insolvency, the promoters are under investigation by various agencies, the sources said
Jindal and Andre Johannpeter, executive vice-chairman, Gerdau SA have been elected to the post of vice-chairman.
NCLAT asks ED to release Bhushan Power and Steel's assets; puts on hold Rs 19,700-cr sale to JSW Steel
The ED had seized a portion of Bhushan Power and Steel's (BPSL) assets in the money laundering case against its former promoters
The post-budget measures announced by the government and the ongoing festive season have renewed the hopes of alloy major JSW Steel of better days ahead, though it still remains cautious on investing in new mines
Sensex plunges 434 points, Nifty plummets 139 points; rate-sensitive bank, auto, realty stocks fall up to 5% post-RBI rate cut
The RBI cut repo rate by 25 basis points to 5.15 percent, bringing the cumulative reduction in the interest rate of 135 basis points for this calendar year
JSW Steel raises $400 mn in overseas bond sale, second this fiscal; part of firm's $1 bn fund-raising plan
JSW Steel said proceeds from the $400 million bond sale will be used for capital expenditure and for other corporate purposes
Bhushan Power buyout: NCLAT to hear probe agencies over JSW Steel's plea seeking protection from investigation against BPSL
The NCLAT also said it will decide over the payment of Rs 19,350 crore by JSW Steel to the Committee of Creditors of Bhushan Power and Steel on the next date of hearing.