jsw steel

JSW Group promoter repays debt, lenders release shares of 2 cos

The release of 11.88 crore of JSW Energy shares accounts for 7.24 per cent of paid-up capital of the company.

With a stay in Bhushan Power & Steel-buy, JSW Steel gets a much-needed breather, and clarity

With the takeover delayed, JSW Steel will hope that business environment picks up, thereby making the acquisition easier.

NCLAT asks ED to release BPSL assets, puts on hold JSW Steel's Rs 19,700-cr payout

An NCLAT bench headed by Chairman Justice S J Mukhopadhyaya slammed the ED, saying that Insolvency and Bankruptcy Code (IBC) would fail if the agency functions like this and directed it to file a reply in the next two days, along with CBI.

More than 100 stocks fell 10-50% from September 20; time to buy?

Since September 20, most stocks on the BSE 500 index have shed their gains on corporate default fears, PMC crisis and Q2 earnings

JSW Steel Q2 PAT may dip 77.1% YoY to Rs. 479 cr: ICICI Direct

Net Sales are expected to decrease by 15.3 percent Y-o-Y (down 7.9 percent Q-o-Q) to Rs. 18,244.7 crore, according to ICICI Direct.

Better days ahead as govt sops to boost demand: JSW Steel

Since the past few quarters, the steel sector has been hit badly due to the slowdown in real estate, auto and infrastructure sectors.

JSW Steel raises $400 million through bond issue

The funds will be used to refinance existing loans and for some other corporate needs, said a senior executive from the industry.

Steel industry wants 25% duty placed on imports: JSW Steel executive

JSW's joint MD Seshagiri Rao said that India's imports from FTA partners rose 77% (in the current fiscal).

JSW Steel plans $500 million overseas bond issue: Report

JSW Steel has reportedly selected 11 banks as the bookrunners for the transaction.

Market Headstart: Apollo Tyre, Bata India top stocks to sell

Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, with a 15.5 points gain or 0.14 percent. Nifty futures were trading around 10,720-level on the Singaporean Exchange.

NCLAT to hear probe agencies over JSW Steel's plea on Bhushan Power

A three-member NCLAT bench headed by chairperson Justice S J Mukhopadhaya Monday directed impleading the Ministry of Corporate Affairs, the CBI and the Enforcement Directorate as party in the matter. The next hearing would be on October 14.

Policy matter | Profit earned during insolvency is new twist in IBC tale

Profits earned when insolvency proceedings are underway should belong to financial creditors is one view but acquirers will object as this upsets their calculations

JSW Steel approaches NCLAT, moves for safeguard in Bhushan Power and Steel bid

The appeal is against the earlier NCLT order

BPSL lenders hold talks with JSW Steel on better takeover terms

Talks come as JSW Steel is unhappy with the takeover terms cleared by the NCLT. Banks tried to better the final terms for JSW, which had made two key demands, but were rejected by NCLT.

Nearly 50% of Nifty companies trading at a discount; should you buy or stay put?

About 23 companies, or nearly 50%, of the Nifty50 universe is trading at a discount to their 10-year P/E multiple, data from Motilal Oswal and AceEquity showed

Corporate Corridor | JSW Steel to acquire Bhushan Power but the celebrations seem muted

The NCLT has approved JSW Steel’s bid to acquire Bhushan Power at a time when the steel industry is passing through a difficult phase

Metal index about to turn oversold, JSW Steel, Tata Steel, Hindalco top buys

The metal sector is about to turn oversold and we could see beginning of value buying or contra buying at the current or little lower levels.

Russia launches expansion at its largest coal port, sends cargo to India

The port said that the terminal's loading capacity had doubled to 50-55 million tonnes per year thanks to the introduction of the line.

BJP govt to examine previous govt's sale of 3,667 acres to JSW Steel in Karnataka

The BJP while in opposition had opposed the move and even had staged protest against the then government's decision.

Steel industry may cut production, outlook remains bleak: JSW

If the slump continues, steelmakers may cut production in this quarter, or the next, says Jt MD & Group CFO Seshagiri Rao.

Citing macro woes, JSW Steel to skip Odisha ore mine auctions

The bidding for Odisha iron ore mines will be conducted in two phases, with the first this month and the second in September, and eight mines are expected to auctioned in the August round.

3 Point Analysis | Struggling Steel Prices Hit JSW Steel Q1

Moneycontrol's Sakshi Batra does a 3 point analysis of JSW's Q1 earnings.

JSW Steel Q1 hits a price bump as demand plays hard ball

Govt’s new 330-day deadline may not ease resolution bottlenecks

JSW Steel Standalone June 2019 Net Sales at Rs 17,499.00 crore, down 7.73% Y-o-Y