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SHADEED IRON
Word of the Day: ClinquantWord of the Day: Clinquant is more than just an elegant synonym for “flashy.” The word speaks to illusion itself, the conflict between outw...- I know what you'll be talking about while you drink this summerThe cocktail party or bar soiree is, bar none, the most cosmopolitan space where conversations fizz and sips can spill over into scripted s...
- In India’s parched heart, high power costs put cooling out of reachIndia's scorching summers strain power grids, forcing costly upgrades. While cities like Nagpur manage peak demand with advanced cooling, m...
- The beauty and the burden: McIlroy carries Augusta on his shouldersRory McIlroy has taken a significant lead at the Masters Tournament. He delivered a stunning performance on Friday, carding a 65. This perf...
- Vulcan Steel in talks to raise $2.5 billion for Oman projectThe plant will be built using funds exclusively from non-bank sources, said the people cited above. In all, the company plans to invest mor...
- JSPL Q1 results: Reports net profit of Rs 268 croreDuring April-June, the company’s consolidated net revenue was at Rs 9279 crore, a fall of 7% year-on-year as against a revenue of Rs 9,946 ...
- We will try to bring down debt to below Rs 25,000 crore by March 2021: Jindal Steel & Power‘We are working very seriously on a plan to divest Australian assets.’
- Jindal Steel and Power Limited commissions 1.4 MTPA Rebar Mill in Sohar, OmanJindal Steel and Power Limited (JSPL) has commissioned a 1.4 million tonne per annum (mtpa) rebar mill at Sohar, Oman.
- JSPL plans to list Oman unit in Muscat to raise $500 millionThe proceeds would be used to part fund its $2 billion proposed investment plan of the local firm to raise capacity by 2.5 million tonnes p...
- Jindal Steel & Power Ltd to invest $2 billion for capacity expansion in Oman plantJindal Steel & Power Ltd foresees a tremendous surge in demand for iron and steel in the gulf markets on huge infrastructure spending
- Jindal Shadeed signs $725 million syndicated term loan facility with Bank MuscatOriginally founded in 2005 by Al Ghaith Holdings PJSC of Abu Dhabi, Jindal Shadeed was acquired by Jindal Steel & Power Limited.
- JSPL invests $800 million in Oman Steel PlantNaveen Jindal’s JSPL group has commissioned a greenfield 2 million tonne (mt) steel plant in Sohar, Oman at an investment of $800 million.
- Jindal Steel raises Rs 2,137 crore for expansion in OmanThe loan will be taken out of books of the financing bank thus preventing any possible asset-liability mismatch.
- JSPL to augment Oman steel plant capacity to 5 MTPA by 2016Jindal Steel and Power said it will expand the capacity of its 1.5 million tonne steel plant in Oman to about 5 million tonnes by 2015-16.
- Jindal Steel to commission Oman plant by Jan-MarJindal Steel and Power today said it will start commercial production from the Shadeed Iron & Steel plant in Oman, which it acquired recent...
- JSPL to bid for 60% stake in Zimbabwe steel firm ZiscoNaveen Jindal-owned Jindal Steel and Power has launched a bid to buy a 60% stake in ailing Zimbabwe Iron and Steel Company in a deal that w...
- Jindal Steel to acquire Oman's Shadeed IronJindal Steel and Power will acquire Oman steel maker Shadeed Iron and Steel for $464 million as a reviving local economy and strong growth ...
- JSPL acquires Shadeed for $464 mnJindal Steel and Power on Thursday said it has acquired Oman-based Shadeed Iron & Steel for $464 million.
- JSPL aborts $500 mn buy out talks with UAE firmLeading steel maker Jindal Steel and Power on Saturday said it has aborted discussions with UAE-based Al Ghaith Holdings for an estimated $...
- JSPL to buy Oman's Shadeed IronJindal Steel and Power (JSPL) is close to acquiring Oman-based Shadeed Iron & Steel for nearly $500 million, three persons with direct know...
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