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
The company has also agreed to acquire Bhushan Power and Steel for Rs 19,700 crore and has kept the funds ready for the acquisition
They have also been hiking prices almost every month, the latest being in October by Rs 1,500-2,000 a tonne, depending on the product category
Support for the Nifty is shifted up to 11,400, which should be kept as a stop loss in long positions. The upside target for Nifty is seen at 11,800 odd levels
Since JSW was named the highest bidder last year, it has been a long wait for Jindal due to a spate of investigations by ED and multiple adjournments in final hearing at the Supreme Court