
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

Stimulus package to revive economic activities, boost Make in India, says steelmakers
Indian steelmakers on Wednesday said the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi would give a quantum jump to economic activities in the country and boost the ambitious Make in India programme

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

Coronavirus Outbreak: JSW Steel says preparing to recommence operations once lockdown is over
As the 21-day lockdown period is nearing end, private steel maker JSW Steel has started preparing to scale up its production

JSW Group firm Forma shuts operations within one year of launch; 'business not viable': Report
Forma hoped to become one of the top five readymade furniture brands in India

World steel body elects Sajjan Jindal as vice-chairman; TV Narendran, Lakshmi Mittal as members
Jindal and Andre Johannpeter, executive vice-chairman, Gerdau SA have been elected to the post of vice-chairman.

Scrapping Article 370 will ensure equality to people of Jammu and Kashmir: Industry leaders
Industry leaders on Monday hailed Narendra Modi-led government's decision to scrap Article 370 which gave special status to Jammu and Kashmir, saying it will ensure equality to residents of the state

In the aftermath of the Pulwama massacre, calls to abrogate Article 370 grow louder across India
With the Jaish-e-Mohammad attack which resulted in the death of 42 personnel of the Central Reserve Police Forces (CRPF) in Jammu and Kashmir's Pulwama, the call for doing away with Article 370 has been rekindled.

West Bengal to develop 900MW Bandhunala pump storage power project in PPP mode
The West Bengal government has decided to develop the third pump storage power plant at Purulia under the public-private partnership (PPP) model and it has already received early interest proposals from investors

Two-day Bengal Global Business Summit kicks off today: Mukesh Ambani, Sajjan Jindal among others to attend
"Prominent industrialists from the country will be attending tomorrow's business summit. You will see who is coming at the programme," Mamata Banerjee, chief minister of West Bengal she told reporters at the state secretariat.

Sajjan Jindal's daughter-in-law Anushree launches microfinance venture Svamaan Financial Services
JSW Group chairman Sajjan Jindal's daughter-in-law Anushree on Tuesday announced a micro-lending venture to help uplift the underserved segments.

CNBC-TV18 announces 14th edition of ‘India Business Leaders Awards’; industry leaders to be felicitated
As CNBC-TV18 completes 19 years in India, India Business Leader Awards has evolved to become a prestigious benchmark in honouring the leaders in India’s business landscape.

Coal import scam: Bombay High Court grants interim relief to Adani Group from DRI
Last month, Adani Enterprises had filed a plea in the Bombay High Court seeking quashing of all LRs against its firms that are under probe for alleged over-invoicing of Indonesian coal imports.

JSW Steel, AION Capital win bid to acquire bankrupt Monnet Ispat in insolvency auction
JSW Steel led consortium has won the bid to acquire bankrupt Monnet Ispat and Energy Ltd (MIEL) in an insolvency auction.

ArcelorMittal hits out at JSW Steel, calls decision on Monnet Ispat 'mockery'
JSW Steel in a statement said it has declared as qualified resolution applicant as per the provisions of section 29(A) of Insolvency and bankruptcy code (IBC) 2016.

JSW to invest $500 mn in expanding facility in Texas unit, to treble capacity
The JSW group had bought the then bankrupt Baytown steel asset for $810 million in October 2007, and is operating at just about 30 percent or 3 lakh tonne now.

Mamata Banerjee bets big on industry: West Bengal gets Rs 17,000 cr investment pledge from corporates
Mamata Banerjee spelt out the state government's efforts on creating infrastructure, both physical and social, as well as the upward trend in macro parameters like plan and capital expenditure, state GDP and others.

Nawaz Sharif tells Pakistan Army chief his meeting with Sajjan Jindal was back-channel diplomacy
Nawaz Sharif has told the country's powerful army that his meeting with Indian steel tycoon Sajjan Jindal last month was part of back-channel diplomacy.