Page 15 - Jsw Steel

NCLAT halts Bhushan Power sale to JSW Steel; asks ED to release BSPL assets

The ED had seized a portion of Bhushan Power and Steel's (BPSL) assets in the money laundering case against its former promoters

Top 10 biz headlines: YES Bank to raise $1 bn, spectrum auction, and more

From YES Bank pursuing to raise $1 billion to spectrum auction not finding many takers, here are the top 10 business headlines on Monday

IBC and PMLA: Clarity needed in enforcing two overlapping laws in harmony

Seshagiri Rao, JSW Steel joint managing director and group chief financial officer, explained that the main issue is whether the PMLA has an overriding effect on the IBC

Govt steps post-budget and festive season will boost demand: JSW Steel

Since the past few quarters, the steel sector has been hit badly due to the slowdown in real estate, auto and infrastructure sectors

JSW Steel raises $400 mn from overseas bonds, offers a coupon rate of 5.3%

This is part of the $ 1 bn dollar money raising plan the JSW Steel board had approved earlier this year and is the second tranche, having already mopped up $ 500 million in April, the company said

Iron ore prices may decline to $60 on weak Chinese demand, says JSW Steel

Iron ore has had a volatile year. It surged in the first half, triggered by supply disruptions in Brazil and Australia, and plunged in August as output recovered and global growth slowed

JSW Steel files appeal against NCLT order on Bhushan Power resolution plan

Firm seeks immunity from criminal proceedings in ongoing fraud probe against Bhushan Power & Steel, after NCLT disposed of various reliefs sought by JSW from statutory authorities

Top 10 biz headlines: Faster GST refunds, million auto jobs at risk & more

From a single-authority mechanism for processing GST refunds to exporters coming soon to NCLT approving JSW Steel's Rs 19,700-cr bid for Bhushan Power & Steel, here are today's top business news

JSW Steel using AI, machine learning to deliver quality and reduce costs

Using Internet of Things, JSW Energy can accurately predict how much power it has to generate and supply to the plant in every 15 minute cycle

Demand woes, downgrades keep sheen off steel industry, say analysts

Low realisations, higher input costs and imports have added to worries

Liquidity crunch is taking toll on steel sector: JSW Steel's Seshagiri Rao

The demand for steel is on a declining trend as user industries are slowing down. JSW Steel Joint Managing Director and Group Chief Financial Officer Seshagiri Rao tells Ishita Ayan Dutt

Amid weak demand, JSW not to bid aggressively for Odisha iron ore blocks

Paying a premium for the blocks will mean additional investment for the company in a weak market

From Tata to JSW, steelmakers jittery over record drop in car sales

See low demand situation at the end of the cycle

JSW Steel eyes packaging market, to invest Rs 1,000 cr in tinplate capacity

JSW is also rolling out JSW Platina, a premium tinplate targeted at the packaging industry

Fraud charges a worry, but still want Bhushan Power for now: JSW Steel

Firm seeks forensic audit reports of banks from RP, Tribunal asks for copy of its plea to RP, after which it would consider JSW request on August 6

Made of steel: JSPL's earnings may head north on rising production

The firm highlighted this was the highest ever output by any blast furnace in India

Lenders approve JSW Group's Rs 1, 550 cr bid to acquire debt-ridden ACCIL

The total admitted debt in the resolution process was around Rs 6,500 crore

JSW Steel's crude steel output up 4% to 1.45 million tonne in May

Last month, the company's output of flat rolled products rose 6 per cent to 1.02 MT from 956,000 tonne in the same month last year, JSW Steel said in a statement

JSW Steel lease row: Won't do anything illegal, says MD Sajjan Jindal

The MD maintained that he would not get into the argument with those questioning the sale of land, previously allotted to it on lease

JSW Steel Q4 PAT halves to Rs 1,495 cr on higher expenses, lower margins

Company board passes a resolution to raise up to Rs 14,000 crore as long-term resources