Of the targeted $20 billion GMV by FY32, JSW products is expected to account for 65 per cent, the balance would be non-JSW
Reliance, JSW, and Adani are among a growing list of names backing the contingent at Birmingham; some sponsorships will extend into Asian Games and Paris Olympics 2024
The fate of JSW Steel's businesses in Italy largely depends on contracts from Italian railway authorities, failing which it will look at other alternatives, a top official said. JSW Steel has so far failed to revive the company it acquired in 2018, and rising raw material cost and geo-political issues, including the Russia-Ukraine crisis, has not helped matters either. The losses have reduced. The loss is majorly attributed to rail orders that are not sustainable. We are striving for more rail orders. If those come, it's fine, otherwise some alternatives have to be thought of, JSW Steel Joint MD & Group CFO Seshagiri Rao told PTI. Revenue of the Italian facility in Piombino improved to euro 309 million during 2021-22 from euro 249 million earlier, while the operating loss narrowed to euro 6.4 million in the fiscal under review from euro 22.6 million a year ago. JSW Italy has in the past won rail orders to the tune of around 40,000 metric tonnes from two contracts by Rete ...
JSW Steel has earmarked Rs 20,000 crore capital expenditure in the current fiscal and hoped that headwinds such as export duty on steel and high coal prices are likely to be short-lived
Companies are creating capacities with two major objectives - to meet India's requirements and also to meet global demand, says Rao
JSW Steel has increased the quantum of pulverised coal being purchased from Russia to 10-15 per cent of its requirements in recent times, the company's Deputy Managing Director Vinod Nowal said
The Mumbai-based company, which operates seaports and terminals, will soon start the process of engaging investment bankers and professional agencies to facilitate the listing
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The CEO said the smoothness of the execution of such a transaction was a major factor in taking the decision.
JSW Infra already has an iron ore terminal at the Paradip Port with a capacity to handle 10 mtpa of iron ore/ pellets. This terminal is designed to load the cape vessels within 48 hrs
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JSW Energy on Tuesday posted an over eight-fold jump in consolidated net profit to an all-time high of Rs 864 crore in the quarter ended March, mainly on the back of higher revenues.
The asset sale plan will help bridge the budget gap and meet spending targets as the economy faces fresh headwinds from the geopolitical tensions
In 2020, when the company proposed this project, the Odisha government reserved 2,700 acres of land acquired in 2013 for the failed Posco project
The company will invest Rs 300 crore in all at the New Mangalore Port Trust container terminal to create a capacity of 400,000 TEUs
The transfer will be made via slump sale to wholly-owned subsidiary Mivaan Steels (MSL)
Steel prices cannot remain at the same level when coking coal prices have increased, says the senior executive
It had reported a net profit of Rs 29.49 crore in the year-ago quarter
The project is scheduled to be finished by March 31, 2023
Will use proceeds to repay existing debt of the Company and its subsidiaries, and as permitted by RBI under ECB Guidelines