March 28, 2018 12:40 PM IST Jindal Steel and Power Ltd (JSPL) successfully closed their Rs 1,200 crore qualified institutional placement (QIP) recently. In an interview with CNBC-TV18, Naushad Akhter Ansari, CEO, Steel Business of JSPL spoke about the latest happenings in his company and sector.
January 29, 2018 03:17 PM IST Jindal Steel and Power (JSPL) is on our radar today after it reported its third quarter earnings. In an interview to CNBC-TV18, Naushad Akhter Ansari, CEO-Steel Business at JSPL discussed the company's Q3 performance.
January 08, 2018 08:19 AM IST JSPL will raise Rs 1,000 crore via qualified institutional placement (QIP) in February, that is the word coming from Chairman Naveen Jindal. Speaking to CNBC-TV18's Anshu Sharma Jindal adds the company will also raise equity for Oman operations.
December 27, 2017 11:13 AM IST In an interview to CNBC-TV18, Naushad Akhter Ansari, CEO-Steel Business at JSPL spoke about the oxygen furnace installation at Angul and gave his outlook for the future.
November 10, 2017 01:36 PM IST CNBC-TV18 caught up with Naushad Akhter Ansari, CEO-Steel Business of JSPL. He said that their EBITDA per tonne was flat on a sequential basis but more importantly said that deal with JSW Energy is definitely on.
October 10, 2017 09:59 AM IST Jindal Steel & Power (JSPL) had a good day in trade on Monday after receiving over Rs 1,100 crore in divestment of its oxygen plant assets at Raigarh and Angul units.
September 13, 2017 11:40 AM IST Going forward aim to take the plant load factor (PLF) to 60 percent from the current 45-50 percent range, said Ravi Uppal, MD & CEO, JSPL.
August 09, 2017 12:37 PM IST Jindal Steel and Power's (JSPL) Q1 earnings came in better than estimates with the consolidated net loss narrowing while the power business outperformed. In an interview to CNBC-TV18, Ravi Uppal, MD & CEO of JSPL spoke about the results and his outlook for the company.
May 29, 2017 02:40 PM IST Jindal Steel & Power (JSPL) expects three million tonne of annual production from the Angul plant, said Naveen Jindal, Chairman of the company.
May 24, 2017 12:44 PM IST Expect higher domestic steel sales in FY18 to the tune of 6 million tonnes as compared to FY16 sales of 4.66 million tonnes, said Ravi Uppal, MD & CEO, JSPL.
April 19, 2017 11:56 AM IST In an interview with CNBC-TV18, Naveen Jindal, Chairman, JSPL confirmed that they have no plans of selling the steel business.
April 17, 2017 11:23 AM IST "First step is to make sure that we do not add any debt and second is to reduce the debt through a gradual process". At the end of FY18, the debt should be reduced by about Rs 3,000 crore, Ravi Uppal, MD & CEO of JSPL told CNBC-TV18.
February 15, 2017 10:39 AM IST Speaking to CNBC-TV18, Ravi Uppal, MD and CEO of JSPL, said that increased volumes, higher net sales realisations and reduction in costs in JSPL's steel business had helped the company put up a positive show in the third quarter.
January 30, 2017 02:53 PM IST Speaking to CNBC-TV18, Naveen Jindal, Chairman said with better results, improving EBITDA combined with blast furnace starting production the company is will see a big jump in debt reduction.
December 27, 2016 10:38 AM IST See an improvement in EBITDA per tonne at an average of Rs 7500 versus Rs 6000 per tonne in first half of FY17, said Ravi Uppal, MD & CEO, JSPL.
December 27, 2016 10:13 AM IST Speaking to CNBC-TV18 Seshagiri Rao, Joint MD & Group CFO at JSW Steel said that the company will see an impact due to higher coking coal prices in the coming quarter.
December 09, 2016 11:19 AM IST Ravi Uppal, MD & CEO of Jindal Steel and Power says steel prices have been hiked to compensate for higher cost of production due to rising input costs. Prices of raw materials like coking coal anf pellet have shot up.
November 23, 2016 11:00 AM IST In an interview with CNBC-TV18, Ravi Uppal said that the raw material costs for coking coal has gone up by nearly three times from the lows it saw earlier this year and this rise in raw material price is affecting input costs and the company plans to pass on the price burden progressively to consumers.
September 09, 2016 11:30 AM IST In an interview with CNBC-TV18, Ravi Uppal, MD and CEO of JSPL said that net steel relaisations took a beating in the first quarter due to weak demand and May, June have seen a sharp drop in prices.
July 27, 2016 11:14 AM IST Specifically talking about Ramchandi coal block, the MD & CEO of Jindal Steel & Power (JSPL), Ravi Uppal said that the coal block was never used by the company. However, the project related to that was cancelled post deallocation of the block.
July 14, 2016 10:05 AM IST Jindal Steel & Power expects the government to extend the minimum import price (MIP) levied on certain steel products to others such as scrap, MD Ravi Uppal says.
July 04, 2016 10:07 PM IST The steel industry is joining forces seeking an extension of minimum import price which is slated to expire in August.
June 20, 2016 10:34 AM IST Power as well as steel sector continue to be in a downtrend. If MIP is removed, some other protective mechanism for steel sector must be there, says Ravi Uppal, MD & CEO of JSPL.
June 17, 2016 09:45 AM IST On February 5, the government imposed minimum import prices (MIP) on steel products for a period of six months in a bid to stop the deluge of cheap imports.
May 05, 2016 10:16 AM IST The company is also looking to sell non-core assets worth nearly Rs 3,000 crore to deleverage its balance sheet, says Ravi Uppal, MD & CEO of Jindal Steel and Power (JSPL).
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