The recovery in steel demand in 2017, is on the back of a recovery in construction, infrastructure, and real estate, said Seshagiri Rao, Joint MD & Group CFO, JSW Steel.

Essar, Amtek, Bhushan, JP Infra, Lanco among 12 big NPAs on RBI list

The RBI has sent bankers the list of 12 stressed accounts that they must resolve through the Insolvency and Bankruptcy Code (IBC).

Steel Min asks SAIL to oversee Monnet Ispat stake sale: Sources

The Steel Ministry has asked the Steel Authority of India (SAIL) to evaluate taking over Monnet Ispat, sources close to the development told CNBC-TV18.

JSW Energy says no decision on Monnet Power acquisition yet

JSW Energy has not yet taken a decision on whether it wants to acquire 74 percent stake in Monnet Power, Chief Executive Officer Sanjay Sagar has told CNBC-TV18.

Expect no negative asset quality surprises in Q3: Andhra Bk

In an interview to CNBC-TV18, SK Kalra, Executive Director, Andhra Bank, shares his views on the upcoming quarters and his outlook for the bank.

No communication from govt on stake sale to IFC: IDBI Bank

The government currently holds a 76.5 percent stake in the bank.

Monnet Ispat to undergo SDR; Board to meet on Nov 2

The RBI introduced the strategic debt restructuring (SDR) guidelines in June allowing banks to takeover stressed assets by converting their debt into a majority equity stake.

JSW Energy inks pacts with Monnet to buy power arm

In an interview with CNBC-TV18, Sanjay Sagar, CEO of JSW Energy said valuations will be decided once due diligence is complete.

Monnet Ispat plans to sell stake in power, sponge biz

According to sources, JSW Energy and Tata Power are eyeing Monnet Power, while JSW Steel is eyeing the Orissa Sponge asset.

Coal mining cost low from Gare Palma IV/7: Monnet Ispat

Gare Palma IV-7 mine in Chhattisgarh, earmarked for the non-power sector, was the most sought after one in the current lot put on auction in the first tranche.

Scrapping Jharkhand project would cost us Rs 15cr: Monnet

In an interview to CNBC-TV18, Sandeep Jajodia, Executive Vice Chairman and Managing Director of Monnet Ispat spoke about scrapping Jharkhand steel project.

Monnet Ispat to pare debt; eyes 50-80% growth in FY14

In an interview to CNBC-TV18, Sandeep Jajodia, executive vice chairperson & managing director, Monnet Ispat gives his expectations for the company‘s growth.

Colombia coal to fulfill captive requirement: Monnet Ispat

Monnet Ispat is close to acquiring a coking coal mine in Colombia and CMD, Sandeep Jajodia expects to use the coal for captive requirement as well as for trading. He further elaborated that domestic steel prices have been rangebound in the recent past and hopes the worst is over.

Raw material prices pulled down margins: Monnet Ispat

Sandeep Jajodia, executive vice chairman and managing director of Monnet Ispat joins CNBC-TV18 to highlight the quarterly performance of the company. He says that though volumes have been good this quarter, margins have been affected due to high cost of raw material such as coal and iron-ore.

Steel to go strong from Oct, prices will rise: Monnet Ispat

Despite the negative global cues executive Sandeep Jajodia, vice chairman and managing director of Monnet Ispat says going forward, the company is looking forward to a good time in steel business.

Monnet Ispat plans expansion of capacity

Sandeep Jajodia VC and MD, Monnet Ispat and Energy, in an interview with CNBC-TV18’s Latha Venkatesh and Sonia Shenoy, spoke about the recent happenings in his company and the road ahead.