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Stemcor

Apr 03, 2014 at 15:12 | Source: CNBC-TV18
Ravi Uppal said JSPL will start the new year with a new capacity of 7.5 million tonnes for steel and recent commissioning of power units will add 1800 MW to Jindal Power.
Mar 14, 2014 at 13:38 | Source: CNBC-TV18
Demand is slowly picking up and by next year the capacity will increase by 10 percent, says JSPL's K Rajagopal.
Mar 13, 2014 at 17:21 | Source: CNBC-TV18
JSW and Jindal Steel and Power Limited (JSPL) were the sole bidders and Stemcor was unhappy with the kind of valuations that it had received at that point. The valuations were up to around USD 600-700 million.
Feb 21, 2014 at 14:57 | Source: CNBC-TV18
For Jindal Power (JPL), Ravi Uppal expects the total capacity to go about 2,800 MW, after the commissioning of three units of 600 Mega Watts.
Feb 07, 2014 at 09:16 | Source: Reuters
The main attraction of Stemcor's assets for the steelmakers are its iron ore mines, especially as mining bans and restrictions in the key producing states of Goa and Karnataka have slashed domestic supplies.
Jan 29, 2014 at 15:57 | Source: CNBC-TV18
There are no immediate front runners yet. But only three names (bidders) have come up repeatedly - JSW Steel, Jindal Steel and Power Limited (JSPL) and Aditya Birla Group-owned Essel Mining & Industries Limited (EMIL).
Jan 02, 2014 at 17:33 | Source: Moneycontrol.com
Stemcore has been trying to sell its Indian assets, which includes an iron ore mine in Odisha, in a bid to pay USD 1.2 billion in its international debt but bidders have sought more time for due diligence, it is learnt. The deadline may now be extended by a few weeks.
Aug 06, 2013 at 20:37 | Source: PTI
Gautam Adani-led Adani Group, having primary interests in coal, power and port sectors, has already evinced interests to buy Stemcor India assets with Stemcor management in London, said a source close to the development.
Aug 05, 2013 at 08:56 | Source: CNBC-TV18
Coal India | BHEL | KEC International | Uttam Galva | GSFC | GTL | Lovable Lingerie | Redington India | PFC | Punj Lloyd | Suzlon Energy | Canara Bank | Oriental Bank of Commerce | Tata Motors | Karur Vysya Bank | Jayant Agro and SpiceJet are stocks, which are in the news today.
Jul 31, 2013 at 20:41 | Source: PTI
In a meeting held last week in London, Stemcor's senior management had asked Essar Group founder Ravi Ruia to make an upfront payment and take away the assets, which have an estimated enterprise value of USD 800 million, a source told PTI.
Messages on Stemcor »

pitquote

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Visa Steel  

UNOFFICIAL: They nay be bidding for STEMCOR ASSETS (not sure whether it includes indian assets also) pitquote the above is from unaunthentic source and lthings are left to your table to discover the things. pitquote

11.48 AM Feb 11th

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Source:NDTV Profit - Singapore: A new Indian export tax on iron ore pellets is weighing on the sale of the local assets of indebted British steel trader Stemcor, with at least one bidder saying the deal was now less lucrative than they had initially expected. India began

12.39 PM Feb 7th

Rupeedesk Tips

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JSW Steel  

JSW STEEL: Company has teamed up with Kumar Mangalam Birla to bid for Stemcor Holding`s India assets.

10.04 PM Feb 6th

Rupeedesk Tips

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Just Posted  

The Centre has postponed the plan to auction five captive coal blocks, as it decided to seek the views of coal-bearing states on the proposal. At least one of the bidders for Stemcor Holdings` Indian assets is meeting the UK steel trader this week to bring down the price as latest developments

9.41 PM Feb 6th

BSE/NSE Announcer

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JSW Steel  

The Exchange had sought clarification from JSW Steel Limited with respect to a news item captioned "JSW Steel to bid for Stemcor India assets". The Company has clarified that "The Company as a part of its raw material backward integration initiatives, continuously evaluates various mineral assets

5.04 PM Feb 6th

Kritika Saxena

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JSW Steel  

Do you think Stemcor will manage to sell its India assets by Feb?

3.57 PM Jan 29th

Kritika Saxena

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Jindal Steel  

Do you think Stemcor will manage to sell its India assets by Feb?

3.57 PM Jan 29th

Kritika Saxena

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Tata Steel  

Do you think Stemcor will manage to sell its India assets by Feb?

3.57 PM Jan 29th

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Brokerage Recommendation  

Source:VC Circle - The initial deal valuation of $1 billion for Stemcor's assets, mentioned by investment bankers, is now being pared down. JSW Steel Ltd (JSW), Jindal Steel and Power Ltd (JSPL) and Aditya Birla Group unit Essel Mining and Industries Ltd are considering

12.09 PM Jan 15th

shazu

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Electrosteel In  

What I feel that the recent down trend is not due to stemcore rather it is due to the uncertainity in the coal block allocation as ordered by the supreme court.

10.38 AM Jan 9th

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May 01, 2014 at 03:42 | Source: Calcutta Telegraph News
Feb 19, 2014 at 02:45 | Source: FirstPost
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