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UTKAL B1
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...- For investors who can think beyond war and austerity measures: 5 large-caps from different sectors with upside potential of 31%A bounce-back after a correction should not be confused with the disappearance of risk. Geopolitical tensions may have faded from daily hea...
- JSPL plans largest & greenest steel plant in OdishaThe High-Level Clearance Authority of Odisha, headed by Chief Minister Naveen Patnaik, had approved JSPL's proposal to expand the capacity ...
- JSPL wins 2 coal blocks; BS Ispat wins 1 on Day 1 of auctionsThe coal blocks, Utkal B1 & B2, have geological reserves of 347 million tonnes and a peak rated capacity of 8 million tonnes, an official s...
- JSPL, Hindalco, GMR among companies qualified to bid for coal blocksUtkal-C coal block has the maximum 16 technically qualified bidders, while auction of five blocks is being anulled as they received just tw...
- Delhi High Court orders removal of 2 JSPL coal blocks from auctionThis comes as a relief to JSPL that had contested the change of end use of Utkal B1 coal block in Odisha and Gare Palma IV/6 in Chhattisgar...
- Hope technical panel will consider merits for end-use: JSPLWelcoming the Delhi HC's decision, Jindal Steel & Power Limited said it is hopeful that the technical committee will consider the merits fo...
- Coal auction process won't be delayed: Piyush Goyal on HC orderWith Delhi HC asking for removal of three coal blocks from the auction list, Piyush Goyal said the govt respects ruling & assured that the ...
- JSPL surges as Delhi HC stops auction of two coal blocksIt has ordered a review of the government decision to change the end use of the two mines from steel to power, before putting it out for au...
- Government to auction 40 more coal minesOf the 40 mines, 23 mines that are close to production, have been earmarked for auction, while 17 others, would be allotted directly.
- Government comes out with 40 more coal mines for allotment, auctionAs per a government document, conduct of electronic auction for mines in schedule III category (ready to produce) will take place between F...
- Government likely to auction 49 coal blocks to private companies in pilot roundA panel set up to earmark coal blocks for auction to private cos has recommended sparing 8 blocks for private cement cos, a govt official s...
- 7 companies to lose coal output of 20 million tonnes per yearJindal Steel & Power and Hindalco Industries are among the seven firms that will lose access to their producing coal blocks.
- Jindal Steel and Power shares continue to suffer post SC coal verdictJSPL's stock plunged 6.16 per cent to settle at Rs 237.55 on the BSE. During the day, it tumbled 8.21 per cent to Rs 232.35.
- Bank guarantee imposition on JSPL for delay in developing mineThe government has decided to impose bank guarantee on Jindal Steel and Power Ltd (JSPL) for delaying the development of Utkal B-1 coal blo...
- Top companies to meet IMG and give presentation on delays in coal blocks' developmentThe Coal Ministry has asked firms including JSPL, NTPC, SAIL and Tata Power to make presentation before the IMG on the achievement of miles...
- Naveen Patnaik recommended coal mine allotment to JSPL during NDA regimeOdisha Chief Minister Naveen Patnaik's similar petition to NDA government too had resulted in a mine being allocated to Naveen Jindal-led J...
- CLSA downgrades JSPL to ‘sell’, says risk-reward is unfavourableCLSA cut JSPL to ‘sell’ as the Angul plant costs will go up if the Utkal B1 coal block lease does not come through.
- To begin production from Utkal coal block by March: Monnet Ispat and EnergyMonnet Ispat and Energy today said it expects to begin production by March, 2013 from Utkal B2 coal block in Odisha.
- CLSA downgrades Jindal Steel & Power to underperformCLSA downgraded Jindal Steel & Power on concerns of project execution delays, rising policy risks on captive coal mines and uncertainty ove...
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