Jindal Stainless raises $82 million from KfW IPEX-Bank for Jajpur facility expansion“This long tenor financing for our growth Capex manifests investor confidence in the stainless steel business and the improved creditworthi...
09 Dec, 2021, 08.31 PM IST
Steel companies build pillars of support for staff to ease Covid painAnil Agarwal-led Vedanta, which employs around 79,000, has announced a comprehensive Covid insurance cover for its employees. On Monday, th...
17 Jun, 2021, 07.12 PM IST
Manufacturers giving incentives to dealers, distributors to push salesThe revised incentives focus on infusing more liquidity into the system, rewarding higher sales performance and taking care of the dealer’s...
01 Jun, 2020, 07.29 AM IST
Industries along east coast now brace for cycloneCompanies are taking all possible precautions to minimise the impact of the cyclone on their units. On high alert are districts like Jajpur...
19 May, 2020, 10.42 PM IST
Tata Steel subsidiary bags second chrome mine after Misrilall in e-auction in OdishaThe aggressive bidding for the chrome deposits has surprised some in the industry despite the fact that the Saruabil mine was considered a ...
23 Oct, 2019, 11.38 PM IST
Odisha slaps demand notices of Rs 3,200 crore on chrome minersOdisha has slapped demand notices of more than Rs 3,200 crore on chrome ore players in the state, including Tata Steel, IMFA, Facor and Bal...
13 Apr, 2018, 04.21 PM IST
Scrapping export duty on chrome to hit JSL revenue by Rs 300 croreGovernment's decision to scrap export duty on chrome will adversely impact India's largest stainless steel maker, Jindal Stainless
15 Apr, 2016, 04.34 PM IST
The Directorate General of Safeguards rejects plea for safeguard duty on steel importDSG's examination included written submissions from Maruti Suzuki, Hero Motocorp, Japan's Nippon Steel.
27 Mar, 2015, 05.00 PM IST
STAINLESS STEEL IMPORTS: DGS Rejects JSL Plea for Safeguard DutyIt added that anti-dumping duty is already applicable on the 400 series grades to protect the domestic industry.
27 Mar, 2015, 12.13 PM IST
Jindal Stainless contemplating de-merger to support CDR exerciseAccording to a senior banker familiar with the company’s plans, “splitting the company up will be the best way to optimize cash flows from ...
25 Mar, 2014, 11.41 AM IST
Jindal Stainless and Posco sign stainless steel dealJindal Stainless Ltd (JSL) has entered into a strategic agreement with Korean steelmaker Posco, which will help JSL stabilise production of...
10 Apr, 2013, 05.37 AM IST
- JSL Stainless reports Rs 98cr loss in Q2
JSL Stainless plans to raise Rs 1,500 crore by issuing securities and placement of shares with qualified institutional buyers.
03 Nov, 2011, 10.28 PM IST
- Jindal SAW, JSL may jointly eye Shah Alloys
OP Jindal Group's Jindal SAW may play a more active role, along with group company JSL, in acquiring Shah Alloys and SAL Steel, sources sai...
23 Feb, 2011, 04.08 PM IST
- Tata Steel may raise Rs 4,000 crore via GDRs
Tata Steel considering to raise Rs 4,000 crore through an issue of non-fungible GDRs to part-finance its acquisition of Corus. Companies va...
18 Mar, 2008, 01.20 PM IST
- Essar in talks with Arcelor Mittal to buy US steel co
Essar Global, has visited the Sparrows Point unit in Baltimore and had rounds of discussions with Arcelor Mittal for the acquisition. Compa...
16 Mar, 2008, 12.14 AM IST
- Contract jobs up, jump 456% in 2 yrs
Companies are now outsourcing more of their manufacturing functions, including core functions.
27 Mar, 2007, 12.41 AM IST
- Jindals set to aquire Thai steel major
Jindal Steel is close to buying out ThaiNox, Thailand’s largest stainless steel company, for $325 million.
20 Oct, 2006, 03.24 AM IST