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JINDAL RAIL INFRASTRUCTURE
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
Bankruptcy Court approves Raigarh Champa rail infrastructure’s acquisition by JSW EnergyThe National Company Law Tribunal (NCLT) has approved JSW Energy Ltd’s acquisition of Raigarh Champa Rail Infrastructure (RCRIPL) via the i...
Steel industry players say Union Budget's push towards infra, MSME to support demandThe FY27 budget is set to boost India's economy and steel demand. Increased capital spending, support for industrial clusters, and a focus ...
Texmaco targets pvt sector, exports to reduce govt dependenceTexmaco Rail and Engineering plans to reduce reliance on government wagon orders to 70% by 2025-26 by tapping into private and export marke...
KSK lenders to sell company's two arms to Medha Servo DrivesLenders have decided to sell two key ancillary companies of KSK Mahanadi Power to Medha Servo Drives, choosing them over Adani Power, the h...
Punjab and Sind Bank to sell KSK Mahanadi loans to ARCsPunjab and Sind Bank, frustrated by the delay in resolving KSK Mahanadi Power's corporate insolvency, plans to sell its debt to asset recon...
UBI looks to sell KSK Mahanadi, Raigarh Champa debt to ASRECAn offer of ₹828 crore for KSK Mahanadi and ₹38 crore for Raigarh Champa Rail by ASREC last week triggered a Swiss challenge auction, the p...
JSPL bags Rs 50 cr order to supply 12,000 tonnes of rail blooms to FrancePrivate steel maker JSPL on Wednesday said it has bagged an order worth Rs 50 crore to supply 12,000 tonnes of rail blooms to France.
JSPL to reduce debt by over Rs 10,000 croreThe company's plan was stated by Naveen Jindal, chairman, at JSPL's 40th AGM in Hisar on September 27, 2019.
JSPL bags Rs 665 crore rail order from RVNLJSPL has won an order from RVNL "to supply 89,042 tonnes of UIC 60 kg IRS T-12 880 grade 13 meter rails for its upcoming projects," the com...
JSPL completes first-ever rail order ahead of scheduleIn July last year, JSPL had received from the national transporter an order of one lakh tonne rails, to be supplied within a year.
Jindal Rail Infra poised to get Rs 18.35 crore in an arbitration caseThe Tribunal arrived at the conclusion that the Indian Railways have committed a breach of the contract by purchasing 496 wagons BOXNHL wag...
Jindal Stainless joins hands with Railways for rail infrastructure modernisationThe first such stainless steel foot-over-bridge is coming at Bhayandar station in Mumbai next year.
JSW Group to invest Rs 7,000-cr more in ports sector by 2020Jindal said the Palghar project will be independent and not a part of the Wadhawan Port being developed by the Centre and the state.
JSW to develop 34-km rail link to connect its Jaigarh portThe group said it's looking at Rs 500 crore income from its ports operations this fiscal and 200 million tonnes of cargo capacity by 2020.
Adani Power, GMR Energy bid for all coal blocks reserved for power sectorIn all coal blocks reserved for power companies attracted 54 bids while those earmarked for steel and cement sectors received 124 bids.
Railway Budget 2012 should focus on adding more to rail infrastructure: Indresh Batra, Jindal ITFRailway Budget should focus on modernization of rail network which includes automation of signaling system.
- Modi brands Vadodara as Speed Capital of India
Vadodara, and 50 km radius around it, has the potential to emerge as the “Speed Capital” of India with several rail and automobile industri...
Jindal Saw plans Rs 10,000 cr diversificationIndresh Batra, managing director of Jindal SAW, part of the $10 billion OP Jindal group, talks about the company's recent mega diversificat...
- JSL to build 7,000 wagons in 5 years in diversification move
Steel maker Jindal Saw plans a major push to its infrastructure business. The company is setting up a modern wagon manufacturing facility i...