Ispat | Latest & Breaking News on Ispat | Photos, Videos, Breaking Stories and Articles on Ispat

Three steel PSUs look to buy iron ore assets in Brazil

Three state-run firms, Rashtriya Ispat Nigam, NMDC and MOIL, under the Steel Ministry are looking to acquire iron ore assets in Brazil, the world's second largest exporter of the steel-making raw material.

JSW ISPAT Steel gains 5.5% on strong Q4 numbers

JSW ISPAT Steel has declared its fourth quarter results. The comapny's Q4 net profit was at Rs 478 crore versus loss of Rs 1130 cr, YoY.

Unhappy RIL complains to Oil Min on CBM gas bids

Reliance Industries (RIL) has complained to the oil ministry that the priority fertiliser and power sectors have submitted 'non serious' bids for its CBM gas, and has proposed the government still go ahead with the gas price formula submitted last September.

4 big corporate moves to watch

Here are four big corporate moves to watch out for.

Pennar Ind sees steel supply from JSW going down

Nirupender Rao, chairman of Pennar Industries Limited which sources steel from JSW talks to CNBC-TV18 of the difficulties and the way ahead for the company.

Sticky pullback today; market lacks conviction, says Udayan

According to Udayan Mukherjee, managing editor of CNBC-TV18, today looked like it would be a day for a relief rally because the debt deal had come in overnight. We got our own push up of 60 odd points on the Nifty, but it did not quite build on that or even hold that during the course of the day.

Ispat may refinance Rs 7,500 cr debt under CDR: Sources

Ispat is looking to refinance nearly Rs 7,500 crore debt under corporate debt restructuring (CDR), reports Vidhi Godiawala quoting sources.

Lenders approve Ispat's takeover by JSW Steel

Lenders have approved Ispat's takeover by JSW Steel. Lenders will convert their Rs 191.4 crore loans into equity at Rs 14.70 per share. The recompense issue, it is said would only be taken up later.