According to media reports, Jagatramka in a letter to the Securities and Exchange Board of India (Sebi) has accused JSPL of not reporting to the investors issues related to its mines in Australia
Blast furnace in Angul from March seen boosting production and improving cash flow
In July 2018, JSPL bagged 20% of the Rs 2,500 crore global tender by the Indian Railways to supply long rails
The company will use granulated slag, a by-product of the steel unit, as feed stock for the cement plant
Out of total Rs 420 billion loan liability of the group, the Angul steel complex where JSPL has invested Rs 350 billion, accounted for Rs 240 billion debt
The facility to be developed at a cost Rs 6 billion will house units worth Rs 100 bn
Company's 6 million tonne steel mill costing Rs 350 bn at Angul to reach full capacity in a year
Over Rs 50 billion benefit has come to domestic companies
The Naveen Jindal-led firm is expanding capacity of its Angul plant in Odisha
JSPL has presence in steel, power, mining and infrastructure sectors
Strong oversees performance amid favourable demand and pricing environment will drive earnings
Shares of the company on Thursday ended 1.25 per cent higher at Rs 280.10 per unit on BSE
The company is evaluating options of listing in London, Dubai or Muscat: Sources
Completion of capacity expansions may drive volumes and profit, helping address its debt issues
Jindal aims to shed Rs 45,500-cr consolidated debt by 2020
Strong steel show, rebound in power segment buoy overall numbers
JSPL has been supplying rails for dedicated freight corridors, Delhi Metro and other major projects
JSPL had started prospecting work on the 1,100 hectare area without consent from gram sabha
To go for temporary shutdown of loss making coal gasification unit
Value-added exports, better realisations and capacity expansions bode well for the company