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JSPL receives revised Rs 7,401 cr offer for arm Jindal PowerThe divestment is in line with JSPL's strategic objective to continuously reduce its debt and carbon emissions and focus on steel business.- JSPL ramps up daily oxygen supply limit to 120 tonne/dayTill date, the company has supplied over 1,000 tonne of liquid medical oxygen (LMO) to various health centres in nine states of India, a co...
- Lenders order forensic of debt-laden JSPLSBI has the largest exposure to JSPL, with loans of about Rs 8,000 crore. Other major lenders include ICICI Bank, HDFC Bank, Punjab Nationa...
- JSPL defaults on interest paymentJSPL had said it will sell its 24 MW wind power plant in Satara, Maharashtra to a subsidiary of India infrastructure Fund II for an undiscl...
- Jindal Steel & Power Ltd Defaults on NCD interest duesThose NCDs had a coupon rate of 9.8% with about two-10 year maturities with banks, provident funds believed to be the investors. Axis Trust...
- Jindal defaults on interest repayments to its bonds holders due in September 2016JSPL had a total outstanding debt of Rs 40,000 crore, of which Rs 26,200 crore was in long term instruments and Rs 13,800 crore in short te...
- JSW Energy's power plant deals with JSPL hits a roadblock"Serious differences have emerged from both sides in term of valuation and payment modality," said one of the persons familiar with the dea...
- JSW Energy to buy JSPL Chhattisgarh unitThe two companies had signed a memorandum of understanding last month and finalised most of the terms of a shareholders agreement 10 days a...
- Odisha High Court allows JSPL to lift iron ore from Sarda MinesIn a big relief for Jindal Steel & Power, the Odisha HC on Friday allowed the firm to lift iron ore material from its long term supplier Sa...
- Jindal Steel and Power to pay back Rs 250 crore to mutual funds on bonds expiryJindal Steel and Power (JSPL) has managed to cough up money to repay mutual funds from whom the debt-laden company had borrowed.
- JSPL climbs 3% on plant sale report, JSW Steel edges higherJSPL jumped 2.97 % to hit a high of 60.65 on BSE. JSW Steel rose 0.64 % to hit a high of Rs 1,210. The BSE Sensex was up 55 points at 24,73...
- Sajjan Jindal-led JSW Energy set to acquire 1,000 MW power plant for Rs 6,000 croreCash-crunch due to the downturn in steel prices and burgeoning debt have forced JSPL to shed assets. “As per company policy, we do not resp...
- JSPL slips nearly 6% as CBI launches probe for mining in Saranda forestsJSPL said it would respond to the CBI's preliminary enquiry (PE) registered Friday over the company's alleged diversion of forest land.
- CBI begins probe against Naveen Jindal's JSPL for mining in Saranda forestsJairam Ramesh opposed the opening up of Saranda forests for mining by private companies & wrote to then PM Manmohan Singh & Natarajan in 20...
- Coal scam: CBI registers fresh FIR against Jindal Steel and Power LimitedThe fresh case has been registered against Jindal Stripes Limited, Jindal Steel and Power Limited (JSPL) and unknown public officials.
- JSPL close to acquiring iron ore mine in CameroonMedia reports stated that JSPL has agreed to buy 90% of Legend’s stake in the Camina SA holding company for the Ngovayang rail project in C...
- JSPL leads race to buy Stemcor India business for over $1 billionSources with direct knowledge suggest that JSPL is leading the race to buy Stemcor's India business for a little over $1 billion.
- IMG probing sale of coal by JSPL to submit report in 2 monthsThe inter-ministerial panel probing allegations of JSPL selling coal to third parties from mines allocated to it captive use, will submit i...
- PowerMin asked to probe violation of captive norms by JSPLThe CoalMin has asked Power Ministry to probe "violation" of captive coal block allocation norms by JSPL through selling surplus power.
- JSPL acquires 9.25 per cent stake in Australia's Apollo MineralsJindal Steel and Power Ltd (JSPL) has acquired a 9.25 per cent stake in Australia's Apollo Minerals for AUD 1 million (about Rs 5.30 crore).
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