Page 4 - Jsw
Steel producers see retail strengthening despite spiking Covid-19 cases
While Covid-19 pandemic is setting a new normal for most industries across sectors, domestic primary steel producers too are adopting different ways to enhance focus
 "Steel producers see retail strengthening despite spiking Covid-19 cases")
Covid-19 impact: Six of the top 10 family-owned businesses in the red
Leading business houses report pre-tax loss of Rs 19,342 crore in Q4
 "Covid-19 impact: Six of the top 10 family-owned businesses in the red")
Domestic sales of steel pick up; rural markets lead recovery in Unlock 1.0
Products sold in rural markets like tractors and motorcycles and roofing sheets were leading the recovery, says T V Narendran
 "Domestic sales of steel pick up; rural markets lead recovery in Unlock 1.0")
Tight pollution norms to hit power generation, harden prices in 2020: Study
Scenario to benefit power exchanges, merchant producers
 "Tight pollution norms to hit power generation, harden prices in 2020: Study")
Top 10 biz headlines: Vodafone Idea on the brink, Mistry moves SC, and more
In a day of twists and turns, the government received Rs 14,697 crore from three companies out of the telecom sector's total dues linked to adjusted gross revenue estimated at Rs 1.47 trillion
 "Top 10 biz headlines: Vodafone Idea on the brink, Mistry moves SC, and more")
JSW shakes up the paints market dominated by Asian Paints, Berger
JSW Paints on course to achieve 1st-yr distribution & turnover targets
 "JSW shakes up the paints market dominated by Asian Paints, Berger")
JSW Energy's Q3 pre-tax profit up 1% to Rs 213 cr on exceptional gain
Revenue for JSW Energy in the quarter under review dipped by 19 per cent year-on-year to Rs 2,016 crore, from Rs 2,492 crore in the same period a year back
 "JSW Energy's Q3 pre-tax profit up 1% to Rs 213 cr on exceptional gain")
Did Asian Paints use market domination to stop JSW's entry? CCI to probe
JSW had moved competition watchdog alleging Asian Paints threatened various dealers from dealing with the company
 "Did Asian Paints use market domination to stop JSW's entry? CCI to probe")
JSW Energy Q2 profit up 12% on low fuel, finance cost; revenue down 13%
However, EBITDA increased by 5% to Rs 1,048 crore from Rs 998 crore in the corresponding quarter of previous year
 "JSW Energy Q2 profit up 12% on low fuel, finance cost; revenue down 13%")
JSW Steel's Rs 19,700-crore bid for Bhushan Power & Steel gets NCLT nod
The NCLT also rejected the objections raised by Tata Steel over the bids submitted by JSW and its erstwhile promoters
 "JSW Steel's Rs 19,700-crore bid for Bhushan Power & Steel gets NCLT nod")
Corporate debtor needs immunity from criminal liabilities: JSW Steel MD
Seshagiri Rao pointed out a clarification on immunity to corporate debtor was required as there could be claims from other departments of govt which could eventually result in some problem
 "Corporate debtor needs immunity from criminal liabilities: JSW Steel MD")
JSW Paints tweaks distribution model, pricing to take on majors
Part of the Sajjan Jindal-led group, the firm announced its foray into paints market last month with a portfolio of 1,808 shades, all priced at Rs 477 a litre
 "JSW Paints tweaks distribution model, pricing to take on majors")
How a forest clearance to Posco could save JSW's Rs 550 bn plant much grief
Odisha govt mulls seeking Centre's nod for transfer of forest clearance granted to jinxed Posco project at same location to JSW
 "How a forest clearance to Posco could save JSW's Rs 550 bn plant much grief")
Right to recompense lenders required, says Sajjan Jindal
JSW Group chairman claims this will keep existing promoters from gaining control
 "Right to recompense lenders required, says Sajjan Jindal")
JSW makes another dash for troubled Italian steel mill
JSW bid for Lucchini in 2014 before it was sold to Algeria's Cevital Group and Aferpi was born
 "JSW makes another dash for troubled Italian steel mill")
JSW Energy finds itself in an accidental 'lender' role
As the clock ticks, two of JSW Energy's big acquisition targets in the power sector are moving farther from a possible deal closure. In the scenario of the deal not fructifying, JSW Energy may be left in the uncomfortable role of a lender to two stressed assets. JSW Energy's accidental journey from potential buyer to lender started more than a year back in 2016. The year saw the power producer agree to acquiring two assets in two separate deals- Jaiprakash Power Ventures 's Bina power plant in Madhya Pradesh and Jindal Steel and Power's Tamnar power plant in Chattisgarh. In due course, JSW Energy also extended a loan to both the companies - Rs1000 crore to Jaiprakash Power and Rs500 crore to Jindal Steel and Power as part of two separate deal arrangements. This exposure, however, is now slowly turning into a concern as the deals face closure issues.The concerns are larger over JSW's exposure to Jaiprakash Power, compared to Jindal Steel and Power.An email query sent to JSW Energy on ..
 "JSW Energy finds itself in an accidental 'lender' role")
JSW Infra plans to raise up to 1,500 cr from PE, says CEO B V J K Sharma
Interview with BVJK Sharma, chief executive officer of JSW Infrastructure
 "JSW Infra plans to raise up to 1,500 cr from PE, says CEO B V J K Sharma")
JSW consortium submits bid for Italian plant Ilva
Ray-Ban owner part of consortium
 "JSW consortium submits bid for Italian plant Ilva")
JSW looking to invest in LNG biz
Major players have expressed interest in such projects after government cut Customs duty
 "JSW looking to invest in LNG biz")
Jaiprakash-JSW deal for Bina plant in slow track
Jaiprakash considering other option, including debt restructuring; might reconsider Rs 2,700-cr deal
 "Jaiprakash-JSW deal for Bina plant in slow track")
