Karnataka: State won’t sell land to JSW Steel, for now
JD(S)-Cong regime had cleared sale of land in Ballari district in May.
JSW Steel cuts FY20 guidance as sales, production drop: Key Q2 takeaways
Planned shutdown and a sharp correction in steel prices hurt revenues which fell 21 per cent YoY to Rs 15,520 crore for the quarter.
JSW Steel plans $500 million bond offering to global investors
The selected banks are likely to include prominent US and European banks as well as some Japanese financiers who have loaned money to the company in the past.
NCLAT asks ED to release BSPL assets, stays Rs 19,700-cr sale to JSW Steel
NCLAT says agency’s move to seize properties without any jurisdiction undermines IBC.
JSW Steel plans $350 million offshore loans
JSW has proposed to raise five-to-seven-year loans, which may be priced after adding about 350 basis points to the London Interbank Offered Rate (six-month), the people told ET.
Board Meetings Today: L&T, Bajaj Auto, HCL Tech, Hero MotoCorp and JSW Steel
It makes sense to have a look at the corporate agendas for the day’s as announced to the stock exchanges.
100X.VC to invest over Rs 200 crore in startups
100X.VC is India's first venture capital firm to invest in early stage startups using India SAFE Notes (iSafe). Under iSafe, an investor makes a cash investment in return for a convertible instrument.
NCLT extends time for Ind-Barath’s insolvency process
At the meeting of the committee of creditors (CoC) held on October 14, the lenders had decided to go ahead with the resolution plan submitted by the Sajjan Jindal-controlled JSW Group entity a week after Vedanta decided to pull out. On October 6, Vedanta had announced its decision to withdraw its resolution plan.
NCLAT to hear probe agencies over JSW Steel's plea on Bhushan Power
Under the insolvency proceedings, JSW Steel has emerged as the winning bidder for Bhushan Power & Steel.
Tata Steel, JSW Steel's profitability to decline: Moody's
Slowing but still healthy domestic demand and limited capacity additions will help keep steel prices largely stable over the next 12-18 months, said Moody's.
JSW Steel moves NCLAT for immunity against investigation in BPSL cases
The Jindal group firm is seeking immunity as the Delhi High Court in a recent ruling said that money laundering laws prevails over the Insolvency and Banruptcy Code.
JSW Steel moves NCLAT to challenge the NCLT approval of Bhushan Power and Steel
In the last few months, two banks Punjab National Bank and Allahabad Bank have declared loans worth Rs 5,580 crore given to the company collectively as fraudulent.
Buy JSW Steel, target Rs 248: Sacchitanand Uttekar
Buy JSW Steel Ltd. at a price target of Rs 248.0 and a stoploss at Rs 228 from entry point.
India Inc admires SC for unanimous verdict on Ayodhya dispute
In a unanimous verdict, the Supreme Court's five-judge bench asked the government to allot a five-acre plot in a "prominent" location in the holy town of Ayodhya in Uttar Pradesh for constructing a new mosque. The disputed 2.77-acre plot will for now remain with a central government receiver, who will hand it over to a government-created trust.
JSW Steel to seek immunity from Bhushan Power and Steel 'fraud deals'
“We want a neat and clean company, and we don’t want any confusion,” Jindal told.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service