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JSW Energy on Tuesday posted an over eight-fold jump in consolidated net profit to an all-time high of Rs 864 crore in the quarter ended March, mainly on the back of higher revenues.
The asset sale plan will help bridge the budget gap and meet spending targets as the economy faces fresh headwinds from the geopolitical tensions
In 2020, when the company proposed this project, the Odisha government reserved 2,700 acres of land acquired in 2013 for the failed Posco project
The company will invest Rs 300 crore in all at the New Mangalore Port Trust container terminal to create a capacity of 400,000 TEUs
The transfer will be made via slump sale to wholly-owned subsidiary Mivaan Steels (MSL)
Steel prices cannot remain at the same level when coking coal prices have increased, says the senior executive
It had reported a net profit of Rs 29.49 crore in the year-ago quarter
The project is scheduled to be finished by March 31, 2023
Will use proceeds to repay existing debt of the Company and its subsidiaries, and as permitted by RBI under ECB Guidelines
JSW Steel on Tuesday posted a 28 per cent year-on-year growth in group combined steel production at 5.35 million tonnes (MT) during the quarter ended December 30, 2021. In a statement, the JSW Group company said it had produced 4.18 MT in the October-December period of the financial year 2020-21. "JSW Steel reported group's combined crude steel production at 5.35 million tonnes for Q3 FY22, including the production at jointly controlled entity viz. JSW Ispat Special Products Ltd (JISPL)," it said. JSW Steel's standalone output rose by 8 per cent to 4.41 MT from 4.08 MT in the year-ago quarter, the statement said. The capacity utilisation of existing operations at standalone level was at 94 per cent during the third quarter of the ongoing 2021-22 financial year. JSW Steel is the flagship business of the diversified USD 13 billion JSW Group. JSW Group has other business interests also in sectors such as energy, infrastructure, cement, paints, sports and venture capital.
Amid opposition from a section of villagers, domestic steel major JSW on Thursday, launched a socio-economic survey in the proposed Integrated Steel Plant (ISP) site in Odisha's Jagatsinghpur district
JSW One MSME, a platform which will offer an e-commerce marketplace for small and medium-size manufacturers, will offers the MSME customers a tech-based marketplace for buying raw materials, others
To offset the rising input cost, the domestic steel giant JSW Steel is planning to levy a surcharge
JSW lspat Special Products Limited on Tuesday said its standalone net loss has narrowed to Rs 36.85 crore during the quarter ended September.
Capex will also include investment in logistics to better hinterland connectivity
JSW Paints, which is present in the south and west of the country, is looking to launch in the north and the east
At present, JSW Paints has a market share of 1.5 per cent in the decorative segment and is targeting 3-4 per cent by the end of this fiscal
Job opportunities for 55,000 likely; TCS, JSW Renew Energy Two among several firms investing in the state
Nine days ahead of the upcoming Tokyo Olympics, Indian Olympic Association roped in global nutrition company Herbalife as one of its sponsors