Mon, Feb 17, 2020
The National Company Law Appellate Tribunal has allowed JSW Steel to acquire of Bhushan Power & Steel Ltd for Rs 19,700 crore.
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Wed, Dec 18, 2019
The BSE Sensex closed 206 points higher at 41,558 after making its all-time high of 41,614.77. The 50 stocks Nifty closed 59 points higher at 12,224 after making its life-time high of 12,237.70. Bank Nifty soared 104 points and closed at 32,244 levels.
Fri, Jul 05, 2019
Now is the right time to place good bets in Nifty Metal, as the Budget for fiscal FY20 will be presented by Finance Minister Nirmala Sitharaman today.
Mon, Jun 24, 2019
The BSE Sensex lost 71 but retained the psychologival 39,000 levels by closing at 39,122 while the 50-stock Nifty went down 24 points to 11,699 levels. The index Bank Nifty went down 26 points and closed at 30,602 levels.
Wed, May 29, 2019
The BSE Sensex lost 247 points and closed at 39,502 levels while the 50-stock Nifty went down 67 points and closed at 11,861 levels.
Wed, May 15, 2019
The BSE Sensex crashed 203 points after closing at 37,114 levels while the 50-stock Nifty lost 65 points and closed at 11,157 levels. The index bank Nifty dipped 212 points and closed at 28,616 levels.
Sat, Mar 02, 2019
Watch Zee Business Exclusive conversation with Zee Business Exclusive conversation with Vinod Nowal. Deputy Managing Director JSW Steel. Watch full video to know more.
Tue, Jan 29, 2019
Watch this segment to know the top stocks for investment before budget 2019.
Wed, Jan 02, 2019
The 30 share Sensex closed at Rs 35,891.72, jumping 363 points or 1 per cent down. While NSE Nifty50 fell 117 points or 1.1 per cent to close at Rs 10,792.50.
Last year, the markets saw changing trends amid rising crude oil prices, depreciating global currencies, increasing trade protectionism, geopolitical issues, outflow by FIIs, macroeconomic data and corporate events.
Tue, Nov 13, 2018
Sajjan Jindal-led JSW Steel is looking at several financially stressed smaller steel mills as a part of its strategy to have nearly 35-40 percent of specialised products in its product portfolio, a senior company official said Tuesday.
Sun, Oct 28, 2018
Sajjan Jindal-led JSW Steel Sunday said it will pump in USD 150 million (approximately Rs 1,000 crore) in the first tranche to set up its new steel facility in Texas, US.
Sun, Oct 21, 2018
Sajjan Jindal-led JSW Steel has said it will consider raising additional long-term resources, including issuance of equity shares or other securities, through a rights issue at its board meet next week.
Thu, Oct 18, 2018
Besides JSW Steel, Tata Steel and Liberty House have also submitted bids for the stressed steel company.
Sun, Oct 14, 2018
As uncertainties loom over the solar power sector, mainly on the policy front, the Sajjan Jindal-led JSW Energy has put its ambitious expansions plans in the segment on the backburner. The company in May had announced plans to set up a 1,000-MW solar photovoltaic (PV) panel manufacturing facility at Vijayanagar in Karnataka and to install 200 MW of solar power systems in the current fiscal. However, it has so far commissioned just about 12 MW of solar capacity.
Wed, Jul 25, 2018
The company's sales to the strategic automotive segment also increased by 57 per cent and sales of value added and special products rose by 6 per cent in the June quarter, Rao said, adding that the company's overseas subsidiaries also performed well.
Thu, Jun 21, 2018
India`s biggest steelmaker JSW Steel is expected to make a bid for ArcelorMittal`s Galati plant in Romania, three sources told Reuters, potentially competing against Ukraine`s Metinvest and Italy`s Marcegaglia.
Sat, May 12, 2018
The committee of creditors (CoC) of Monnet Ispat and Energy, which is undergoing insolvency proceedings, had on April 12 approved the resolution plan submitted by the only bidder Sajjan Jindal's JSW Steel along with AION Capital
Fri, Apr 27, 2018
The sale of Essar Steel assets under Insolvency and Bankruptcy Code (IBC) hit another legal hurdle on Thursday with the Numetal consortium moving the National Company Law Appellate Tribunal (NCLAT) to prevent the lenders from declaring initial bidders ineligible.
Tue, Apr 24, 2018
Liberty House Group Pte had earlier filed an application with the NCLT with a prayer to declare illegal, a decision of the CoC of Bhushan Power and Steel which had refused to entertain an application for resolution plan submitted by Liberty in February.
Mon, Apr 23, 2018
Going by the observation made by the Ahmedabad bench of National Company Law Tribunal (NCLT) in its order on Numetal India and ArcelorMittal India case, the latter would not be eligible for acquiring Essar Steel just by selling its stake in Uttam Galva Steel and KSS Petron.
Sun, Feb 04, 2018
Luxembourg-based ArcelorMittal said in a statement that it has not submitted resolution plan Bhushan steel
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