Moneycontrol

Moneycontrol PRO

HomeNewsSms meer

Sms Meer

Jump to

JSPL eyes Rs 3,500-cr revenue from rail sector in next 3 yrs

Jindal Steel and Power Ltd (JSPL) has a total rail making capacity of 60,000 tonnes per month, of which 30,000 tonnes is head hardened rails.
Jindal Steel plans to buy SMS Meer for Rs 1500- Rs 2000 cr

Jindal Steel is all set to buy European steel maker, SMS Meer, for Rs 1,500-2,000 crore, reports Kritika Saxena of CNBC-TV18.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347