Tata Steel today said the merger scheme was not effective because the petition filed by Tata Metaliks in the Calcutta HC for approval was pending
Sajjan Jindal-owned firm one of the seven bidders; deal would add 5.5-mt capacity
In the past, banks have burnt their fingers having lent to the shipping industry
Company's deal with Greybull Capital to close by June first week
Sajjan Jindal's JSW to acquire 1,000-Mw plant for up to Rs 6,500 cr if it enters into PPAs
Company takes non-cash impairment charge of Rs 12,304 crore largely due to Cairn India acquisition goodwill
Terminal to handle third-party cargo for period of three years
Tata is looking for support from UK govt in terms of commercial rights and bank guarantees just as in the Greybull deal
Trade unions say 3-6 months timeline for sale of asset not enough
The investigative agency has closed its preliminary enquiry in the coal block allocation case against Naveen Jindal-led Jindal Steel and Power, a source said
Company tight-lipped on news of Thyssenkrupp's interest in buying Tata Steel plant, says Unite
Coastal shipping industry left disappointed
Interview with MD, Hindalco Industries
Plans longer-term measures to check cheaper import
Domestic majors have held up as they operate mainly in tanker segment, which hasn't been hit as hard as dry bulk segment
Analysts see a few green apples despite tough environment; in FY16, so far, shipping companies have outperformed the Sensex
Karnataka HC relief comes on petition by mine owners and iron ore purchasers including JSW Steel
Talks to sell the power plant in Odisha to JSW Energy are in final stages and strategic buyers have been identified for its steel business
Meanwhile, Goa CM in talks with truck owners to break deadlock on freight charges for evacuation of ore