Jindal Steel wins auction for another Odisha iron ore mine with 38-mn-tonne reservesThe steelmaker won a state government auction for the Rengalaberha North-East Extension and Nuagan West iron ore block on Wednesday by offe...
SAT reduces Sebi's penalty on Jindal Cotex to Rs 25 lakh in GDR issuance case"The company is a running concern. Penalising the firm with such a heavy penalty is in fact penalising the shareholders, which is not justi...
Sebi issues Rs 14-cr demand notice to Jindal Cotex in GDR manipulation caseIn the event of non-payment, it will recover the amount by attaching and selling the movable and immovable properties of the firm.
Government must ensure raw material supply to performing steel companiesInsolvent firms do not pay any interest, nor are they able to service their debt and such insolvent firms can even sell their items at lowe...
Iron ore price hike forces steel cos to pass on cost: Sajjan JindalRecent increase in iron-ore price by state owned NMDC & Orissa pvt. miners is forcing steel companies to pass on increased cost of producti...
JSPL unit raises Rs 500 crore through NCD to Kotak Mahindra BankParent JSPL had raised Rs 1,000 crore by allotting 10,000 privately placed rated redeemable unsecured non-convertible debentures on Decembe...
Jindal Steel and Power raises Rs 1,000 crore through NCDs to Kotak Mahindra BankThe Naveen Jindal-led firm said executive sub-committee of Board of the co, has allotted 10,000 privately placed rated redeemable unsecured...
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.
CBI registered fresh case against Jindal Steel & Power, carried out searchesCBI sources said the case pertains to allocation of Gare Palma IV/1 coal block to Jindal Strips Limited and JSPL.
'Private sector holds key to achieving 300 MT steel output target'Achieving the ambitious target of trebling annual domestic steel output to 300 million tonnes by 2025 depends on the private sector and the...
JSPL to set a pellet plant in Odisha with Rs 1400 crore investmentJindal Steel and Power today said it plans to set up a 7 mtpa pellet plant at Angul in Odisha with an investment of up to Rs 1,400 crore.
Jindal SAW fined Rs 1 crore for starting construction prior to environmental clearanceA NGT bench headed by Justice V R Kingaonkar imposed the heavy fine on company, saying such "tendency" has to be dealt with "stern hands".
- Hearing on Zee editors' bail deferred, DCP to explain lapse
The hearing on bail pleas of Zee group editors, accused of attempting to extort Rs 100 crore from a firm of Congress MP Naveen Jindal, was ...
- Steel companies with pellet plants to get priority in iron-ore mine allocation
The government's plan is to encourage steel plants that are building pellet plants - units that remove moisture from ores.
- Jindal Steel may be fined in Bolivia
Bolivia has said that the multi-billion dollar contract it signed with Jindal Steel to develop an iron ore mine has not been rescinded, but...
- Foundation laid for JSW Bengal steel plant
Sajjan Jindal-promoted JSW Bengal Steel on Sunday laid the foundation stone of its 10 million tonne mega steel plant here, although initial...
- Jindal charged for supplying power illegally
The Appellate Tribunal for Electricity has ruled that Jindal Steel and Power Ltd has violated the law by distributing electricity in Chatti...