"It is pretty bad for the industry as such, because the industry never expected this to come in and hit them after 20 years. "

Essar Energy Plc's Chief Executive Officer Sushil Maroo today said that affordable power is linked to many risk mitigation factors.

Also, we have come very close to diesel deregulation and we hope it comes through. Private retailers need a level-playing field, says Maroo.

London-based Essar Energy today reported a 7 per cent decline in its operating profit to $ 543.7 million in the six months to September, fr...

The plunge in rupee value will provide much needed respite to domestic steel companies which are struggling in the face of shrinking margin...

Jindal Steel and Power (JSPL) has said it will start the process of financial closure for the remaining 4 mt second phase shortly.

As we are in a slowdown scenario, higher interest rate makes a major difference because they disclose the margins and the companies really ...

Jindal Steel & Power Ltd plans to raise about $150 million (about Rs 764 crore) through overseas borrowing in the next two weeks.

In an intervieww with ET Now, Sushil K Maroo, Deputy MD & Group CFO, Jindal Power Ltd and Director & Group CFO, Jindal Steel & Power, talks...

In an interview with ET Now, Sushil Maroo, Group CFO, JSPL, gives his views on steel demand and iron ore prices. Excerpts:

JSPL was approached by Ispat Ind but it turned down when Naveen's elder brother Sajjan made efforts to buy the firm.

Jindal Power on said it is considering "quite a few" projects for buyout in the country, especially in the thermal power space.

Jindal Steel and Power today said it is carrying out due diligence for acquiring stakes in a producing oil block in Kazakhstan besides mull...

ET Now talks to Sushil K Maroo, Director, Jindal Steel & Power to get his reactions on possible stake buying in Ispaat Ind and Jindla Power...

Jindal Steel and Power on Thursday said it has acquired Oman-based Shadeed Iron & Steel for $464 million.

Jindal Steel and Power Ltd, the diversified domestic steel producer, on Tuesday said it will invest up to USD 20 million in next 12 months ...

Steel major Jindal Steel and Power Ltd said it would invest 2.1 bn dlr to set up new steel plants in Bolivia.