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NECO GROUP
Share market update: Most active stocks in today's market in terms of volumeThe NSE Nifty index closed 156.1 points down at 24680.9- Investors betting big on high-yielding credit opportunities"The private credit market is buzzing with excitement after the success of the largest low-grade rupee-denominated debt sale that offered a...
- Avenue Supermarts and 7 other stocks surge above 200 SMA, indicate bullish momentumSeveral stocks including Morepen Laboratories, Brightcom Group, Avenue Supermarts, Seshasayee Paper and Boards, Supriya Lifescience, Jayasw...
- Ares SSG-led Group signs debt recast deal with Jayaswal NecoThe deal involves restructuring ₹5,700 crore loans while Assets Care and Reconstruction Enterprises (ACRE) - an asset reconstruction compan...
- Arcil acquires 26% equity in Jayaswal Neco unitArcil provides Rs 90-95 crore loan to NSSL, acquires loans from SBI, Union Bank of India and Sicom.
- BofA is said to purchase Jayaswal Neco, its biggest distressed asset buy in IndiaA group of investors led by the U.S. bank have paid $479 million for soured loans of a beleaguered Indian maker of cast iron pipes
- SC directs status quo on Jayaswal Neco resolution processStatus quo will be maintained, a bench led by Justice Ranjan Gogoi directed on Monday. The bench issued notices to all parties on the compa...
- Five private mining firm employees kidnapped by Maoists; 1 released"Five employees of Neco Jayaswal Company were abducted this morning from Chargaon iron ore mines under Siksod police station limits," Meena...
- Hindalco Industries wins one more coal block; makes total to threeHindalco had on February 15 bagged Kathautia mine in Jharkhand and also won GareIV/5 mine in Chhattisgarh on February 19.
- Delhi High Court seeks government's response on Jindal's plea against Coal OrdinanceThe three coal blocks were earlier allotted to Jindal but the allocation was cancelled by the Supreme Court in August last year.
- Inter-ministerial group on coal blocks to meet tomorrow to review bank guarantees of 61 coal blocksThe meeting of inter-ministerial group on coal blocks to look into the issue of bank guarantees related to 61 mines allocated to firms.
- Inter Ministerial Group to meet next week to review BGs of 61 coal blocksThe panel also reviewed 10 coal blocks of companies including JSPL, Tata Steel and JSW Steel and gave them 8-9 months to obtain stage II fo...
- Coal Ministry issues showcause notices to Adani Power, Jayaswal Neco for delaysThe Coal Ministry has issued show cause notices to Adani Power and Jayaswal Neco Industries Ltd for delays in developing the mines allocate...
- IMG reviews 56 coal blocks; suggests showcause noticesOther firms whose coal blocks were reviewed included Rungta mines, Adani Power, NTPC, Lanco Group, JSW Steel and Jayaswal Neco.
- CoalMin deallocates mine alloted to Bihar Sponge IronThe government has decided to deallocate a coal block allocated to Bihar Sponge Iron and deduct bank guarantee of Rs 26.5 crore in case of ...
- Eleven stocks in focus in Thursday morning tradeIndian shares are expected to trade lower today. Here is a list of eleven stocks that are likely to be in action in morning trade today.
- Coalgate: IMG for scrapping of 3 coal blocks owned by 8 companies such as Electrosteel Castings, Rungta MinesThe inter-ministerial group (IMG) also recommended deduction of bank guarantee of four companies - Arcelor Mittal, GVK Power, Jayaswal Neco...
- Deallocate 3 mines, deduct bank guarantee of 4 blocks: IMGThe panel also recommended deduction of bank guarantee of four mines including one given jointly to the world's largest steel producer Arce...
- Coalgate: One family that struck gold in coal minesOf the five companies raided on Tuesday, three belong to one family - the Nagpur-based Jayaswals. Split in two businesses, they are among t...
- Notices to 4 cos, including Hindalco, Essar JV on coal blockThe government has issued notices to four firms, including a joint venture of Hindalco and Essar Power, asking them to explain why coal blo...
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