Page 4 - Jindal Steel
Jindal Stainless plans to invest Rs 15 billion to expand capacity
Company says, with all the infra already available at its Kalinganagar unit, the incremental cost for pursuing expansion will be lower
 "Jindal Stainless plans to invest Rs 15 billion to expand capacity")
JSPL may split biz to trim Rs 420 bn debt, sell 30% of Oman unit via IPO
Jindal Steel will seek to progressively sell about 30 per cent of the Oman unit over two to three years
 "JSPL may split biz to trim Rs 420 bn debt, sell 30% of Oman unit via IPO")
Jindal Steel's units in South Africa file for bankruptcy protection
Business-rescue practitioners for the unit have scheduled a meeting with creditors today
 "Jindal Steel's units in South Africa file for bankruptcy protection")
Jindal Steel declares force majeure on Australian mine
Produces about 100,000 tonnes a month of coal used in steelmaking in New South Wales.
 "Jindal Steel declares force majeure on Australian mine")
Jindal keen to snap up troubled steel companies for expansion
The sector is one of the most stressed, leaving banks with a pile of dud assets
 "Jindal keen to snap up troubled steel companies for expansion")
Jindal Steel lines up Rs 8,000 crore investment for its Odisha project
It also intends to lay a pipeline from the point of sourcing iron ore at Barbil in Keonjhar district to its Angul plant at a cost of Rs 800 crore
Jindal Steel repays Rs 285 cr to AMCs
Credit rating agency, CRISIL had in February downgraded the company's papers to 'D'.
Jindal Shadeed all set to tap $6 billion construction market in GCC
According to market analysts here, GCC requires around 15 million tonnes of steel annually
 "Jindal Shadeed all set to tap $6 billion construction market in GCC")
