Steel - Medium / Small News

JSL signs pact for Rs 7375 cr Orissa power plant  

06 May 2010, 5.35 pm  |  Source: Reuters

India's top stainless steel maker JSL Ltd, on Thursday signed an initial pact with the Orissa government to set up a thermal power plant with an inves...

Have hiked prices by Rs 4000-6000/t: Mukand Limited   

05 May 2010, 4.23 pm  |  Source: CNBC-TV18

In an exclusive interview with CNBC-TV18, Rajesh Shah, Chairman, Mukand Limited, speaks about the latest happenings in his company and sector....

JSL sees 20-30% top line growth in FY11  

29 Apr 2010, 6.21 pm  |  Source: Reuters

India's top stainless steelmaker JSL Ltd sees revenue growth of 20% to 30% in FY11, and expects to raise about Rs 2oo crore over next 6-8 months to fu...

Mahindra Ugine Q4 net profit at Rs 5.2 cr  

29 Apr 2010, 3.16 pm  |  Source: CNBC-TV18

Mahindra Ugine Steel has declared its fourth quarter results. The company's Q4 net profit was at Rs 5.2 crore versus net loss at Rs 7.3 crore....

JSL Q4 net profit at Rs 117.7 cr  

28 Apr 2010, 3.38 pm  |  Source: Moneycontrol.com

JSL has announced its fourth quarter results. The company's Q4 net sales were at Rs 1,685.3 crore versus Rs 1,346 crore....

Expect $7m rev from China unit in FY11: Technocraft Ind   

16 Apr 2010, 2.58 pm  |  Source: CNBC-TV18

Technocraft Industries has commenced commercial production of a 15 megawatt power plant in China through a wholly owned subsidiary. In an interview wi...

See 25% growth in specialty steel sales next year: Mukand   

31 Mar 2010, 2.50 pm  |  Source: CNBC-TV18

In an interview with CNBC-TV18, Rajesh V Shah, Co-Chairman and MD, Mukand Ltd, spoke about the latest happenings in his company and sector....

JSL raises $50 m via QIP, to raise add'l $100m next yr   

30 Mar 2010, 10.09 am  |  Source: CNBC-TV18

JSL Ltd, which opened its books for USD 50 million funds raised via qualified institutional placement (QIP), will raise additional USD 100 million in...

Jindal Stainless to raise equity as per CDR directive   

16 Feb 2010, 3.27 pm  |  Source: CNBC-TV18

In an exclusive interview with CNBC-TV18, Arvind Parakh, Director-Strategy and Business Development, Jindal Stainless, spoke about the road ahead for ...

Jindal Steel to spend Rs 700cr in new Orissa project  

03 Feb 2010, 8.35 pm  |  Source: Reuters

JSL, India's top stainless steel maker, on Wednesday said it would invest Rs 700 crore to set up a stainless steel park, in Orissa state....

JSL Q3 net profit at Rs 101 cr  

28 Jan 2010, 3.10 pm  |  Source: Moneycontrol.com

JSL has announced its third quarter results. The company's Q3 net profit was at Rs 101 crore versus loss of Rs 378 crore....

To use QIP money to deleverage balance sheet: Usha Martin   

21 Jan 2010, 11.00 am  |  Source: CNBC-TV18

In an interview with CNBC-TV18, Rajiv Jhawar, Managing Director, Usha Martin, speaks about the latest happenings in his company and sector....

Mukand Q3 net profit at Rs 15.2 cr  

20 Jan 2010, 1.54 pm  |  Source: CNBC-TV18

Mukand has announced its third quarter results. It has reported net profit of Rs 15.2 crore as against loss of Rs 53.3 crore....

Usha Martin Q3 net profit at Rs 18.4 cr  

14 Jan 2010, 11.15 am  |  Source: CNBC-TV18

Usha Martin has declared its third quarter results of FY10. Its net profit went down at Rs 18.4 crore as against Rs 26.7 crore. ...

Promoters committed to bringing in Rs 500cr: JSL   

12 Jan 2010, 11.33 am  |  Source: CNBC-TV18

Banks and lenders have agreed to restructure the Rs 6,000 crore debt of Jindal Stainless (JSL)....

Majority bankers give nod for JSL's Rs 600cr CDR package  

05 Jan 2010, 3.17 pm  |  Source: Moneycontrol.com

Jindal Stainless’ (JSL’s) corporate debt restructuring (CDR) package has been delayed twice earlier. However, finally, bankers and JSL promoters seem ...

Mahindra Systech looking at JV/buyout in aerospace   

08 Dec 2009, 2.50 pm  |  Source: CNBC-TV18

Mahindra Systech is looking at a joint venture/buyout in the aerospace business, it said. “We are in talks with an Australian company for a joint vent...

Usha Martin plans to raise Rs 350cr via QIP to fund capex   

02 Dec 2009, 1.26 pm  |  Source: CNBC-TV18

Steel wire-rope maker Usha Martin is planning to raise Rs 300-350 crore through qualified institutional placements (QIP) by the end of this fiscal....

Usha Martin to raise 3.5-4 bln rupees via QIP   

02 Dec 2009, 11.50 am  |  Source: Reuters

Steel wire-rope maker Usha Martin is planning to raise 3.5 billion-4 billion rupees through qualified institutional placements (QIP) by the end of thi...

May monetise land bank over 2 years: Mukand   

19 Nov 2009, 4.39 pm  |  Source: CNBC-TV18

In an exclusive interview with CNBC-TV18, Rajesh Shah, Chairman of Mukand, spoke on the reports that the company maybe looking to sell a considerable ...

Mahindra Ugine expects better margins in Q3   

16 Nov 2009, 5.28 pm  |  Source: CNBC-TV18

Metal stocks have been doing well in the past few days and a midcap stock that’s done well in that space has been Mahindra Ugine. The company’s Managi...

Usha Martin may raise upto Rs 500cr; sees dilution at 21.5%   

13 Nov 2009, 12.34 pm  |  Source: CNBC-TV18

In an interview with CNBC-TV18, Rajiv Jhawar, Managing Director, Usha Martin, spoke about the latest happenings in his company and sector....

Expect to maintain 18-22% EBITDA margins: JSL   

29 Oct 2009, 6.05 pm  |  Source: CNBC-TV18

In an interview with CNBC-TV18, Ratan Jindal Vice Chairman and Managing Director of Jindal Stainless spoke about the results and his outlook for the c...

PAT de-growth due to treatment of deferred tax: Usha Martin   

28 Oct 2009, 5.13 pm  |  Source: CNBC-TV18

Usha Martin announced its second quarter numbers for the financial year 2010 (Q2FY10). Speaking exclusively to CNBC-TV18, P Bhattarcharya Joint MD, Us...

Usha Martin Q2 net profit down at Rs 15 cr  

28 Oct 2009, 1.59 pm  |  Source: CNBC-TV18

Usha Martin has announced its second quarter FY10 results. Its Q2 net profit went down to Rs 15 crore versus Rs 41 crore....

OCL Iron and Steel Q2 net loss at Rs 96 lakh  

26 Oct 2009, 12.16 pm  |  Source: CNBC-TV18

OCL Iron and Steel has declared its second quarter results of FY10. Its net sales were at Rs 54 crore versus Rs 66.6 crore. Its net loss was of Rs 96 ...

Usha Martin not looking at selling stake   

09 Sep 2009, 2.10 pm  |  Source: CNBC-TV18

Usha Martin does not plan to rope in co-promoter or sell stake in the company, said Rajiv Jhawar....

Jindal Stainless outlines plan to restructure debt   

24 Aug 2009, 2.47 pm  |  Source: CNBC-TV18

Jindal Stainless is going all out to restructure its Rs 6,000 crore debt. In an interview to CNBC-TV18, Arvind Parekh, the company’s Director - Strate...

Steel prices to increase significantly ahead: Usha Martin   

14 Aug 2009, 12.15 pm  |  Source: CNBC-TV18

P Bhattarcharya, Jt MD of Usha Martin said “China and India will see stable prices. Expect significant rise in steel prices over three months.” Net sa...

JSL Q1 net profit up at Rs 94.76 cr  

28 Jul 2009, 5.35 pm  |  Source: CNBC-TV18

JSL (erstwhile Jindal Stainless) has announced its Q1FY10 numbers. Its net profit increased to Rs 94.76 crore from Rs 28.42 crore (YoY)....