Page 3 - Jindal Group

Graves a barrier for Jindal's $2 billion South African iron-ore mine

The obstacles faced by the company highlight the challenges of investing in South African mining, where decades of violations of environmental and social rights under apartheid eroded trust

Jindal Aluminium Limited receives AS9100D Aerospace Certification

The AS9100D Aerospace Certification is the benchmark for ensuring exceptional quality in aviation, space and defence manufacturing and supply chain processes

Jindal Stainless ropes in Dassault Systemes to manage operational functions

Jindal Stainless Ltd (JSL) on Thursday said it has roped in Germany-based Dassault Systemes to manage "end-to-end" production and operational functions at its Hisar and Jajpur units. The deal was signed between JSL Managing Director Abhyuday Jindal and Eric Leveugle, Vice President, Worldwide Business Transformation, Dassault Systemes at Dusseldorf in Germany on Thursday, the company said in a statement. "JSL has inked a deal with Dassault Systemes to strengthen its production planning, scheduling and execution processes. Having recently merged and doubled its capacity to 2.9 million tonne per annum (MTPA), this will enable JSL to seamlessly manage end-to-end production and operational functions between Hisar (Haryana) and Jajpur (Odisha)," it said. By adopting an integrated and fully automated approach to operations management, JSL intends to achieve sharper resource utilisation, faster capacity balancing, live data synthesis and accurate predictions, while maintaining high-quality

Jindal Steel and Power says enquiries from European buyers on rise

We did see some increase in the order book and a lot of enquiries (from Europe): Bimlendra Jha, managing director of Jindal Steel and Power

JSPL acquires Monnet Power for Rs 410 cr through insolvency process

Monnet Power has a 1050 MW under-construction plant in Odisha's Angul

Jindal, Adani, Mittal line up more projects and investments in Odisha

The spirit was matched by industrialists - the who's who of India Inc who were present on Thursday, the first day of the investment conclave

Adani, Reliance among 15 bidders in race to buy Future Retail's assets

Capri Global Holdings, OP Jindal group's Nalwa Steel and Power, Shalimar Corporation among companies expressing interest

JSW Energy Q2 net up 37% to Rs 466 cr; Parth Jindal joins board

Revenue up 16% YoY to Rs 2,596 cr; finance cost rises by 7% due to additional borrowings for ongoing capex

JSW sets ambitious goals for e-commerce business, eyes $20-bn GMV by FY32

Of the targeted $20 billion GMV by FY32, JSW products is expected to account for 65 per cent, the balance would be non-JSW

India at 75: From Ambanis to Bajaj - 20 doyens who shaped India's business

Each one of them has played a key role in the building of India, taking ideas and giving them wings. Here's a look at 20 leaders of India Inc who are inseparable from the idea of India

India Inc's green push gets a fillip with amended Energy Conservation Bill

Share of thermal energy for manufacturing companies almost 95%

Shareholders, creditors approve Jindal Stainless Steel-JSHL merger

Having a total melting capacity of 0.8 million tonne per annum (MTPA), the Hisar-based JSHL is the largest specialty stainless steel producer in India with a diversified value-added product portfolio

India has turned into police state: Congress on ED raids on Naveen Jindal

The ED conducted searches at the premises of Jindal's company JSPL in connection with a probe linked to alleged violation of foreign exchange regulations

Jindal Global Business School signs MoUs with 11 Universities in 5 nations

Jindal Global Business School has expanded its international partnership portfolio by signing 11 new MoUs with prestigious business schools and universities in five countries

Lenders see faster resolution of Videocon debt with three big new bidders

Govt's PLI sops encourages Adani, Jindal to show interest in VIL's consumer durable business

Jindal Steel & Power profit drops 27% to Rs 1,866 cr in December quarter

Jindal Steel & Power on Tuesday reported a 27.2 per cent drop in consolidated profit at Rs 1,866.08 for the quarter ended December 2021 owing to higher expenses. The company had posted a consolidated profit of Rs 2,566.68 crore in the corresponding period of the previous fiscal, Jindal Steel & Power said in a BSE filing. However, the consolidated income of the company during the October-December period increased to Rs 12,535.35 crore, over Rs 9,643.88 crore in the year-ago period. In a statement, the company said that its "consolidated PAT of Rs 1,622 crore fell by 34 per cent Y-o-Y due to lower operating profit and higher tax expense." While the third quarter of FY'22 witnessed a sharp improvement in domestic demand on a sequential basis, the quarter continued to be marred by unseasonal rains, lack of railway rakes and muted demand amidst rising COVID-19 cases. Steel demand in India registered a seven per cent Y-o-Y fall in the third quarter of ongoing fiscal. The company ...

Jindal Stainless profit zooms to Rs 442 cr in December quarter

Income during the third quarter increased to Rs 5,682.37 crore, from Rs 3,592.04 crore in the year-ago period

Naveen Jindal group, two others submit final bids for Reliance Naval

CoC to take a call on Wednesday

'Next quarter, there will be a boom in steel demand': JSW Steel Joint MD

Investment in infrastructure by various governments and energy transition are driving demand for steel, says Seshagiri Rao

Promoter company Worldone to acquire JSPL's thermal power business

Industry sources said the estimated deal size is close to Rs 12,000 crore, which includes Rs 6,500 crore debt, Rs 7,000 crore redeemable preference shares and Rs 3,015 crore equity infusion