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JINDAL STAINLESS CFO
Jindal Stainless unveils first stainless steel fabrication unit with Rs 125 cr investmentJindal Stainless launched its first stainless steel fabrication unit in Patalganga, Mumbai. The facility, built with an investment of Rs 12...
Jindal Stainless and M1xchange partner to strengthen supply chain ecosystemJindal Stainless and its subsidiary acquired a 9.62% stake in M1xchange, an RBI-licensed Trade Receivables Discounting System platform. Thi...
Jindal Stainless CFO Anurag Mantri resignsAnurag Mantri will leave his position as Executive Director and Group CFO of Jindal Stainless Ltd (JSL) on April 4, 2025. JSL, India's larg...
Stocks in news: Vedanta, SBI Card, Hindustan Zinc, Jindal StainlessRPP Infra Projects has received a letter of acceptance for a new project worth Rs 148.08 crore. The project is expected to be completed by ...
Steel industry hails move to scrap export duty on steel, iron oreJust as suddenly as the government had levied an export duty of 15% on most key grades of steel and 45-50% on raw materials like iron ore a...
If capex is the holy grail, these two sectors might take you to it: ICICI SecuritiesThese sectors are two that hold much importance as growth engines of the capital expenditure cycle – private industrials and real estate.
Jindal Stainless raises $82 million from KfW IPEX-Bank for Jajpur facility expansion“This long tenor financing for our growth Capex manifests investor confidence in the stainless steel business and the improved creditworthi...
Stocks in the news: Bajaj Finance, HCL Tech, Bata, ACC and NAM IndiaBajaj Finance, Asian Paints, ICICI Pru Life, Syngene International, ICICI Securities, Crisil, DCM Shriram and Shyam Metalics will announce ...
Jindal Stainless' CDR exit enabled business sustenance during Covid crisis: CFO, Anurag Mantri"As per the CDR signed, any further delay would have diluted our company shares to lenders. We were able to finance almost Rs 400 crores of...
Stocks in the news: Bharti Airtel, Jindal Stainless, Infosys, Hero MotoCorp and MindtreeAirtel's own assessment of adjusted gross revenue (AGR) dues is nearly a third of the government’s.
Budget 2019: Proposal to raise customs duty on steel met with mixed responseThe US decision to impose tariff on Chinese and Vietnamese steel products has raised the threat of more steel being channelled into India.
Top 5 stocks that can give up to 100% returnsTariff for GSPL’s HP pipeline has been raised 28 per cent to Rs 1.35/scm.
Volumes were down but we managed because of better average realisation: Anurag Mantri, CFO, Jindal Stainless"Nickel is the key raw material and when nickel price falls there is a slight time lag between when it gets passed on to the customer," Man...
Steel industry braces for tense 2016; bets on domestic demandWeak demand in major steel producing countries led them to focus on exports, including on India, adversely impacting the domestic industry.
Chinese dumping must stop for ‘Make in India’ to succeed: Jitender Pal Verma, Jindal Stainless"You would be surprised to know that imports of stainless steel from China have increased by more than 700% in last five years."
Jindal Stainless says no plans to sell stakeJSL would continue to have its Odisha-based stainless steel manufacturing operation, ferro alloys plant and captive power plant, Verma said.
Re shine to help IT & pharma, hurt textile & steelA further strengthening of the rupee against the dollar after a 3.1% rise on Monday could prove to be a double-edged sword for India Inc.
- Local steel firms on a global shopping spree for ore, coal
Even as global steel majors like Arcelor-Mittal and Posco are looking at India as a manufacturing base, domestic steel companies like SAIL,...
- Indian Steel cos want to buy global ore
When India is becoming manufacturing hub for global steel cos, Indian firms are buying ore & coal outside.
- Jindal's steely show
Jindal Stainless has been putting things in place for its expansion plans. It is increasing its equity base by issuing various instruments ...