Steel company remains third in capacity pecking order due to Dolvi expansion delay, stalled Bhushan Power acquisition.
While the firm's defence division does not import from China, its other businesses source products from that country.
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There is no power conferred upon the NCLAT under the Insolvency and Bankruptcy Code (IBC) to interfere with a provisional attachment order, ED said.
Anti-dumping duty on Galvalume steel is positive but more is required to boost the sector ailing
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
Anti-dumping duty on Galvalume steel is positive but more is required to boost the sector ailing under low demand and realisation
Given the huge hit from lockdown, it is not surprising that 44 of the 80 companies have seen sharp cuts ranging 10% to 72%
Ensuring return of labour as important as sending them back home, says Seshagiri Rao
The Indian Steel Association has forecast an 8 per cent drop in domestic demand in FY21
Net sales down 20%, impairment provision hurts bottomline further
Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs
In a two-part series, Business Standard takes a look at the capital expenditure plans of firms in key sectors and how they plan to fund it
JSW Group Chairman Sajjan Jindal says unless the government takes proactive steps, demand recovery could take 4-5 months.
For the next one to two months, the focus will be on a balance between domestic sales and exports, say experts
Close to 3.5 million trucks (along with their drivers and assistants) are off the road - some because of manpower shortage, and some because they are stuck in various parts of the country.
Agency says weaknesses in JSW's credit profile, such as its exposure to weakening steel demand for manufacturing and volatile material costs, have left it vulnerable to shifts in market sentiment
CFOs, analysts say moratorium on interest is key to tide over crisis
The net debt of JSW at the end of December quarter was at Rs 49,552 crore