News from other websites on jsw steel
Sensex shrugs off RBI policy; rallies 148 ahead of Fed meet
Jun 17, 2013 at 23:27 | Source: DomainB
Equity benchmarks gained momentum in late trade Monday ahead Federal Reserve's meeting, ignoring RBI's status quo credit policy . BSE Sensex rose 147.94 points or 0.77 percent to close at 19325.87, and NSE Nifty gained 43.10 points or 0.74 percent a...
JSW Steel production up 40% in May at 10.13 lakh tonnes
Jun 17, 2013 at 15:52 | Source: The Hindu BusinessLine
New Delhi, June 17: JSW Steel today reported a 40 per cent growth in May production at 10.13 lakh tonnes on higher flat products output.The company, which manufactures steel in three locations — Vijaynagar, Salem and Dolvi — had produced...
Cos’ overseas investment falls to $1.83 b in May
Jun 15, 2013 at 03:12 | Source: The Hindu BusinessLine
Mumbai, June 14: Overseas direct investment by Indian companies fell to $1.83 billion in May, down 76 per cent from a month ago, data from the Reserve Bank of India (RBI) showed today. The RBI yesterday had released the outward foreign direct invest...
Morgan Stanley sells United Spirits’ shares worth Rs 566 cr
Jun 15, 2013 at 03:12 | Source: The Hindu BusinessLine
Mumbai, June 14: Global financial services firm Morgan Stanley Asia (Singapore) Pte, a shareholder of United Spirits, today sold 24.50 lakh shares of the Vijay Mallya-led company for over Rs 566 crore in open market transactions. The shares were pur...
Morgan Stanley sells United Spirits shares worth Rs 566 cr
Jun 14, 2013 at 22:11 | Source: Business Today
Global financial services firm Morgan Stanley Asia (Singapore) Pte, a shareholder of United Spirits, has sold 24.50 lakh shares of the Vijay Mallya-led company for over Rs 566 crore in open market transactions.The shares were purchased by Bank of No...
Morgan Stanley sells United Spirits' shares worth Rs 566 cr
Jun 14, 2013 at 21:36 | Source: Economic Times
MUMBAI: Global financial services firm Morgan Stanley Asia (Singapore) Pte, a shareholder of United Spirits, today sold 24.50 lakh shares of the Vijay Mallya-led company for over Rs 566 crore in open market transactions. The shares were purchased by...
Indian companies' overseas investment falls to $1.83 bn in May
Jun 14, 2013 at 21:06 | Source: Economic Times
MUMBAI: Overseas direct investment by Indian companies fell to $1.83 billion in May, down 76 per cent from a month ago, data from the Reserve Bank showed today. The RBI yesterday had released the outward foreign direct investment by the Indian compa...
Sell JSW steel with a target of Rs 680: CK Narayan
Jun 13, 2013 at 06:12 | Source: Economic Times
In a chat with ET Now, CK Narayan, Growth Avenues Asset Advisors shares his views on DLF ET Now: What is your view on DLF? CK Narayan: Sell JSW steel with a target of Rs 680 and stop loss of Rs 700-702. ...
Coalgate haunts metal stocks again
Jun 11, 2013 at 22:27 | Source: The Hindu BusinessLine
Mumbai, June 11: Metal stocks led by Delhi-based Jindal Steel and Power tanked on Tuesday after the Central Bureau of Investigation filed a case against the company in coal allocation scam. Under the direction of the Supreme Court, CBI is investigat...
Rupee panic sinks Sensex; metals, banks, realty hammered
Jun 11, 2013 at 19:17 | Source: DomainB
Concerns about the sliding rupee spilled over to equities Tuesday, with the Sensex diving 298 points to close at a near-two month low of 19143.00. The rupee today touched a fresh low of 58.98 to the dollar intra-day, dimming prospects of a rate cut ...
Rupee free fall: The gainers and losers
Jun 11, 2013 at 12:11 | Source: FirstPost
The rupee's downward spiral against the US dollar could spell good news for the domestic IT-ITeS sector, which has been facing strong headwinds due to a weak global economy, provided the Indian currency's softening continues.A stronger dollar boosts ...
Nifty opens below 5900 as rupee woes dampen rate cut chances
Jun 11, 2013 at 09:28 | Source: FirstPost
The Indian markets opened in the red onweak global cues and a declining rupee.The Sensex opened down 80 points at 19358, while the Nifty opened 27 points lower at 5850.The Dow, Standard & Poor's 500 Index and Nasdaq closed marginally lower. S...
Forex loans that are not hedged will bite companies due to rupee fall
Jun 11, 2013 at 06:46 | Source: Economic Times
MUMBAI: Many Indian companies with sizeable forex loan exposure and no recourse to hedges could end up making provisions in the first quarter ending June 30 as the rupee's slide eats into profitability. Power generating companies, cement makers and t...
Steel exporters on a hot streak as Rupee cools
Jun 11, 2013 at 05:11 | Source: DNA India
Steelmakers in India, Asia s second-largest user of the alloy, are poised to boost exports to a record as demand slows at home and a plunge in the rupee to an all-time low increases the value of sales overseas. Exports will climb 30% to 6.8 million ...
JSW Steel plans to raise up to $700 million via bonds
Jun 10, 2013 at 14:51 | Source: Economic Times
Sajjan Jindal's JSW Steel is planning to raise up to $700 mn via overseas bonds, sources with direct knowledge said. Fund raising is planned to replace part of the high cost debt on the books of JSW Ispat which recently merged with JSW Steel. JSW Ste...
SAIL consortium zeroes in on 4-5 coal mines abroad
Jun 10, 2013 at 07:25 | Source: DNA India
International Coal Ventures Ltd (ICVL), a consortium led by the Steel Authority of India (SAIL), has shortlisted some coking coal mines for acquisition. At least four or five good coking coal mines in Australia, the US and Mozambique have been short...
Chhattisgarh sees 33 percent output jump this year
Jun 05, 2013 at 04:30 | Source: FirstPost
NEW DELHI (Reuters) - India's fourth-largest iron ore producing state expects to raise production by a third to about 37 million tonnes this fiscal year, even as mining restrictions in two other states turn the country into an importer of the steelma...
JSW Steel completes merger of JSW Ispat
Jun 03, 2013 at 19:47 | Source: The Hindu BusinessLine
New Delhi, June 3: JSW Steel today said it has completed the merger of JSW Ispat Steel with itself and the amalgamation came into effect from June 1.With the completion of merger, JSW Steel has become the second largest steel producer in the country...
JSW Steel Q4 net dips 24% to R573.23 crore
May 24, 2013 at 08:37 | Source: Financial Express
JSW Steel reported a 24% fall in fourth-quarter standalone profit to R573.23 crore, as shortages of iron ore forced it to operate below capacity. The Sajjan Jindal-promoted company, however, signalled improved performance in the current fiscal as it...
10 things you need to know before the market opens
May 24, 2013 at 08:11 | Source: FirstPost
World marketsWall Street slipped on Thursday but finished sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimul...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
