Jan 08, 2018 10:05 AM IST
The market breadth was in favour of the advances on Monday morning with 1161 stocks advancing as against 467 declines while 386 remained unchanged. On the other hand, 1633 stocks advanced and 676 stocks declined while 88 remained unchanged on the BSE.
- Jan 04, 2018 03:21 PM IST
The surge in the metal stock prices which were all trading in the green was mainly on the back of upbeat commodity prices. JSW Steel was up 3.57 percent while NMDC gained 3.32 percent, both hitting new 52-week high.
- Dec 18, 2017 07:03 AM IST
The Ministry of Railways has recently floated a global tender to procure rails. This is the first time that railways has come up with such a tender.
- Nov 10, 2017 06:41 PM IST
Both companies during the September quarter have reported lower losses as a steel up-cycle helped them earn better realisation, higher volumes and benefits of operating leverage as their capacity utilisation improved.
- Oct 09, 2017 11:47 AM IST
The steelmaker said it also signed a lease-back deal with the company which finances construction equipment purchases and will continue to operate the assets for manufacturing steel.
- Oct 02, 2017 03:20 PM IST
"(There should be) no negligence. It is clear that you have to adhere to the SOPs (Standard Operating Procedures). If you do that, accidents will not happen," Steel Secretary Aruna Sharma told PTI.
- Sep 14, 2017 02:32 PM IST
The Indian Energy Exchange (IEX), an electronic power trading exchange, saw spot electricity prices going up as high as Rs 9.38 per unit on September 12 for the peak slot of 8 pm.
- Sep 10, 2017 12:40 PM IST
"JSPL faced short-term cash flow mismatches during FY 2016-17, which resulted in temporary delays in meeting a few interest obligations," Jindal said in the company's Annual Report 2016-17. For suitable solutions, he said, the company continuously engaging with its long-term banking partners.
- Sep 08, 2017 02:48 PM IST
While the consolidation is certainly on the cards, it will be interesting to see who all bags some of these assets. With the improved outlook for steel, sellers are gaining bargaining power.
- Sep 04, 2017 10:51 AM IST
Special Judge Bharat Parashar granted the relief to them on a personal bond of Rs one lakh each and one surety of like amount.
- Aug 17, 2017 01:15 PM IST
The company’s overseas debt stands at around Rs 13,000 crore and the consolidated debt is about Rs 46,000 crore
- Aug 11, 2017 06:19 PM IST
JSPL is expected to post strong earnings growth led by higher steel volumes, gains from operating efficiency and deleveraging of the balance sheet.
- Aug 08, 2017 06:48 PM IST
Jindal Steel and Power Ltd (JSPL) today reported narrowing of its consolidated loss to Rs 420.4 crore for the quarter ended on June 30, 2017.
- Jun 19, 2017 12:23 PM IST
"The coal linkages, secured for a 5-year duration, will provide steady supply of fuel to captive power plants run by the company for its steel-making operations," the company said in a filing to the BSE today.
- Jun 15, 2017 01:37 PM IST
"The gas that we are producing is about 225 thousand cubic metres per hour for which we set up this gas-based coal generation plant... We have 75-90 thousand cubic metres of gas we can spare for setting up an ammonia or urea plant. So, it is very much on the cards," JSPL MD and CEO Ravi Uppal told PTI in an interview.
- Jun 06, 2017 03:49 PM IST
Output in May was 8.163 MT, up 2.2 per cent, from 7.989 MT a year ago, as per the latest Joint Plant Committee (JPC) report.
- 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 29, 2017 08:10 AM IST
Sameet Chavan of Angel Broking suggests buying Apollo Hospitals with target of Rs 1280 and Indiabulls Housing Finance with a target of Rs 1125.
- May 23, 2017 04:06 PM IST
According to Sharmila Joshi of sharmilajoshi.com, one may hold Jindal Steel & Power.
- May 23, 2017 04:02 PM IST
Rajat Bose of rajatkbose.com advises exiting Jindal Steel & Power if it closes below Rs 104.
- May 23, 2017 02:21 PM IST
Besides Jindal, the others summoned as accused are the company, Jindal Steel and Power Ltd (JSPL), its former Director Sushil Maroo, former Deputy MD Anand Goyal and CEO Vikrant Gujral for alleged cheating and criminal conspiracy in the allocation of Urtan North coal block in Madhya Pradesh.
- Apr 18, 2017 11:43 AM IST
Ravi Uppal feels that Modi government has taken the bull by the horns and has identified all the areas that need to addressed
- Apr 18, 2017 11:10 AM IST
Uppal said the company was done with its capital expenditure plan and would now take up only those projects which cost less but were high yielding
- Apr 18, 2017 11:09 AM IST
Etalin Hydro Electric Power Company Ltd, a 74:26 joint venture of Jindal Power and Hydro Power Development Corporation of Arunachal Pradesh, is setting up the run-of-the-river project on rivers Dri and Tangon
- Apr 17, 2017 04:38 PM IST
Replying to the channels query, JSPL said that there was no such plan of equity dilution and Yamato is not the only option for a foreign tie-up.