JSPL completes divestment of Oman assets to Vulcan Steel“JSPML has sold the balance shareholding held by it, representing 51 % of the share capital of JSIS Oman, to Vulcan Steel in the second and...
16 Apr, 2021, 08.38 PM IST
JSPL's Australian coal mining subsidiary Wollongong Coal gets waiver of $77 million under debt restructuring plan“The Australian coal mining unit’s debt is restructured and the government has given all the clearances to start coal mining. Out of the tw...
11 Dec, 2020, 11.03 PM IST
JSPL Q2 results: Reports consolidated net loss of Rs 706 croreThe company said it had successfully completed the first tranche of its divestment in the Oman subsidiary by selling 48.99% to the acquirer.
30 Oct, 2020, 06.41 PM IST
Delhi HC directs RBI to allow JSPL to pay $55 million to its Mauritius subsidiaryHowever, the Court has in its order said that the relief is conditional and the JSPL will have to furnish the undertaking from the board of...
11 Aug, 2020, 10.53 PM IST
JSPL Q1 results: Reports net profit of Rs 268 croreDuring April-June, the company’s consolidated net revenue was at Rs 9279 crore, a fall of 7% year-on-year as against a revenue of Rs 9,946 ...
22 Jul, 2020, 03.29 PM IST
We will try to bring down debt to below Rs 25,000 crore by March 2021: Jindal Steel & Power‘We are working very seriously on a plan to divest Australian assets.’
01 Jul, 2020, 05.57 PM IST
- JSPML accepts offer to divest entire stake in its Oman asset
The enterprise value of the deal is over US $1 billion
30 Jun, 2020, 07.42 PM IST
Jindal Steel & Power Ltd is selling coal assets in Botswana to Maatla Energy$150-million deal to help co pare debt
15 Aug, 2019, 07.07 AM IST
Top Hong Kong investment manager recalls $150 million loan to debt-hit JSPLLenders plan to invoke JSPL’s corporate guarantees, file winding up petition if dues are not cleared by September.
03 Sep, 2016, 07.23 AM IST
Foreign lenders of Jindal Steel and Power exploring possibility of recalling loans worth $550 millionAmong other things, this is understood to have been triggered by JSPL’s inability to service $25 million unsecured loan from a large Japane...
09 Mar, 2016, 04.00 AM IST
JSPL to acquire majority stake in Gujarat NRE Coking CoalJSPL will acquire a majority stake of 53.63 per cent in Gujarat NRE Coke's loss-making Australian subsidiary through a complex deal.
17 Oct, 2013, 02.34 PM IST
- JSPL Mauritius raises $ 150 million to repay loans taken from parent company Jindal Steel & Power
JSPL Mauritius has raised about $150 million through an ECB programme to repay loans taken from the parent company.
03 Aug, 2012, 07.42 AM IST
- JSPL in talks for acquiring Canada's CIC Energy for Rs 1800 crore
Naveen Jindal-led JSPL is in advanced stages of discussions to acquire the controlling stake in Canada's CIC Energy for about Rs 1,800 cror...
18 Jul, 2012, 09.58 PM IST
- Jindal Steel & Power Ltd buys 10 per cent stake in Australian arm of Gujarat NRE
Jindal Steel & Power Ltd has entered into an agreement with Gujarat NRE Coking Coal to pick up a 10 per cent strategic stake in the company.
29 May, 2012, 02.55 AM IST
- JSPL to acquire 10% stake in Gujarat NRE's Australian arm
Jindal Steel and Power will acquire a little over 10 per cent stake in Gujarat NRE Coal's Australian subsidiary.
28 May, 2012, 04.56 PM IST
- JSPL to augment Oman steel plant capacity to 5 MTPA by 2016
Jindal Steel and Power said it will expand the capacity of its 1.5 million tonne steel plant in Oman to about 5 million tonnes by 2015-16.
31 May, 2011, 10.52 PM IST
- JSPL attempts to buy Rocklands for AUD 88 mn
Naveen Jindal-led JSPL said it will make an open offer to fully acquire Australia's Rocklands Richfield for 88 million Australian dollars.
20 Apr, 2011, 07.36 PM IST