Uttam Galva's total admitted claims are Rs 9,070.66 crore, with ArcelorMittal having an 87 per cent voting share among financial creditors
Shortage of iron ore, spike in input costs are the major impediments
An upturn in the steel market has prompted the country's third-largest steel producer to up the ante on acquiring Bhushan Power
Proposal was made last week, payment subject to bank guarantee or indemnity from lenders, so that in case SC rejects resolution plan, settlement amount will be reversed
The top 13 iron and steel firms now have a combined m-cap of Rs 2.45 trillion, up from Rs 1.7 trillion at the beginning of October
Domestic steel major JSW Steel is in the process of acquiring land at Jagatsinghpur in Odisha where it has proposed to set up a 13.2 MTPA greenfield steel plant, a top company official said
With an aim to up its market share and enhance capacity, Parth Jindal, managing director of JSW Cement, has strong plans for the cement business
The Goa government has issued a demand notice to JSW Steel Ltd, handling coal at Mormugao Port Trust (MPT), to pay Rs 156.34 crore in the form of Goa Rural Improvement and Welfare Cess
Nifty Metal has successfully conquered the 2,500 mark and is set to move towards 200-WMA, which stands at 2,969 levels.
Personalised services will enable MSMEs to compete internationally, says steel company.
Meanwhile, Dr Reddy's Laboratories, Cipla, Infosys, HCL Technologies were up between 25 per cent and 75 per cent.
Though steel companies had to wait to finalise prices, the wait may have proved advantageous for them. Prices have been on an upswing since the country started unlocking
Tata Steel will allow employees to choose between working from home or office; JSW Steel is weighing a distributed workplace strategy
Rising volumes, higher realisations, better product and geography mix to drive earnings
In a Q&A, the firm's jt MD and group CFO is confident that steel demand will sustain but is sure that the 15-16 mn demand already lost won't be recovered
Encouraging economic data from China, rising demand and higher realisations improve earnings outlook
Tax expenses of Rs 910 crore hurt the bottom-line even as net sales were up 11.5% year-on-year
The company had posted Rs 2,536 crore profit for the same quarter a year ago, JSW Steel said in a BSE filing
Jindal had offered Rs 19,700 crore to lenders as upfront cash for takeover of the company
JSW Steel had emerged the highest bidder for the company in June last year with an offer of Rs 1,550 crore