He succeeds Sunil Duggal, who is now leading the group company, Vedanta Limited, as its chief executive officer.
Companies say their costs have escalated after government declared norms for drilling crews.
While the firm's defence division does not import from China, its other businesses source products from that country.
In telephonic Q&A, the MD & CEO of India's oldest steel producer, dwells on how his firm kept domestic operations ready for the pandemic, taking cues from Europe much before lockdown got announced
The divestment is in line with JSPL's vision and commitment to continuously bring down its debt and deleverage its balance sheet, the company said in a release
The company had a profit of Rs 4,252.50 crore in the corresponding period last year
Nearly 11,000 migrants workers are not being allowed to enter the 12-million-tonne facility
Nearly 11,000 migrants workers not allowed to enter 12-million-tonne facility
The highest sailing cancellation since the Covid-19 outbreak was in February, registering a spike of 105 cancellations across Trans-Pacific, Asia-Europe, and the Mediterranean trades.
Sees domestic demand for the alloy declining by 20% in FY21
Proposal by way of special resolution through postal ballot and e-voting, and in this regard the draft of the postal ballot notice and the explanatory statement thereto were also approved
Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs
Vessel charges jump up to seven times to $160,000-170,000 per day since February
While companies are unable to move material, dealers continue to suffer due to absence of any business
Sign-on/sign-off procedures specified for merchant shipping vessels; seafarers to intimate travel and contact history for last 28 days to ship owner or RPS agency
Revenue seen declining by 6-8 per cent weak freight availability, fleet utilisation
Covid-19 outbreak drags aluminium prices by 16%, zinc by 23%, copper by 20%
Currently, 65 per cent of DMF corpus remains unutilised
Already reeling under economic slowdown, companies grapple with demand shock
A probe into the matter has started and it is being enquired if the workers were already employed, or had been laid off