Naveen Jindal

12% safeguard duty on steel products sufficient for now: Naveen Jindal

The proposed safeguard duty of 12 per cent on the import of certain steel products is sufficient and the industry will approach the government again if it faces import-related challenges in future, industry leader Naveen Jindal said on Monday. The Directorate General of Trade Remedies (DGTR) has recommended final imposition of a safeguard duty on imports of certain flat steel products for three years to protect domestic manufacturers from a sudden jump in inbound shipments. The duty was recommended by the DGTR in its final findings of a probe initiated on a complaint by the Indian Steel Association. "We would have liked it to be 25 per cent (safeguard duty). But if in their wisdom, they (DGTR) have recommended 12 per cent...that is sufficient," Jindal told reporters on the sidelines of ISA Steel Conclave 2025 here. When asked if the 12 per cent duty is enough compared to countries like the US, which has imposed tariffs as high as 50 per cent, Jindal said DGTR looks at what kind of

Naveen Jindal Group forays into nuclear energy with a new company

"This strategic initiative aligns with the Government of India's Union Budget 2025 announcement, which targets 100 GW of nuclear power capacity by 2047'' the company said

Naveen Jindal group to invest Rs 2,160 crore to scale up cement production

Company will set up grinding unit in Odisha's Angul to help plans for expansion

Haryana sidelights: MP rides horse, groom delays wedding to cast vote

An MP rode a horse to a polling station, a groom delayed his wedding to cast his vote, a 60-year-old differently-abled woman turned up at a polling booth before anybody else, and Olympians proudly flaunted their inked fingers. These and several other instances caught people's attention as Haryana voted in the assembly election on Saturday to elect a new government. The enthusiasm among voters across all the 90 seats was palpable, captured in a small sample of following sidelights. ** BJP leader and Kurukshetra MP Naveen Jindal arrived at a polling station in Kurukshetra on a horse to cast his vote. "Riding a horse is considered auspicious... People ride horses while going to attend weddings. That is why I came on a horse for his auspicious work," the industrialist-politician told reporters after casting his vote. Jindal is an avid polo player and he rode a brown horse to the polling booth. "I exercised my democratic right and voted so that our democracy becomes stronger. I urge all

Savitri Jindal, Surjewala's son file papers for Haryana Assembly polls

Savitri is the mother of industrialist Naveen Jindal, the Bharatiya Janata Party (BJP)'s Kurukshetra MP, and the widow of industrialist O P Jindal

'I feel violated': Woman accuses Jindal Steel exec of molestation on flight

The woman, who was seated next to Dinesh Kumar Saraogi, a senior executive at Jindal Steel Group, alleged that he behaved inappropriately

Strict action will be taken: Jindal after woman accuses firm CEO of assault

Responding to the alleged allegations of the woman, founder of Jindal Steel, Naveen Jindal, thanked her for reaching out and speaking up and said that strictest and necessary action will be taken

Lok Sabha results: Trends indicate a strong hand for Congress in Haryana

Congress' Varun Chaudhry is leading in Ambala, Kumari Selja in Sirsa, Jai Parkash in Hisar, Satpal Brahmchari in Sonipat, Deepender Singh Hooda in Rohtak and Raj Babbar in Gurgaon

LS polls: Billionaire candidate Jindal's assets, Mumbai votes in phase 5

Lok Sabha elections updates: Billionaire industrialist Naveen Jindal is contesting the Lok Sabha election on a BJP ticket from Haryana's Kurukshetra seat

Jindal Steel & Power stock already factoring in improving prospects

Given a higher conversion of semis into value-added products, JSPL expects realisation and profitability to improve

Savitri Jindal quits Cong, joins BJP days after son Naveen switched sides

The 84-year-old Savitri Jindal joined the BJP along with her daughter Seema in the presence of Chief Minister Nayab Singh Saini, former chief minister Manohar Lal Khattar and other BJP leaders

PM Modi made 'corrupt-mukt Congress': Ramesh after Naveen Jindal joins BJP

Congress leader Jairam Ramesh on Sunday took a swipe at the BJP soon after industrialist Naveen Jindal joined the party and said this had to happen "when you need a giant size washing machine". "When you need a giant-size washing machine, this had to happen. And after making ZERO contributions to the party in the last ten years, saying I am resigning from it is a big joke," Ramesh said in a post on X soon after Jindal joined the BJP. The Congress leader also took a dig at Prime Minister Narendra Modi. "The PM wanted a Congress-mukt Bharat. Instead he has made a Corrupt-mukt Congress by deploying so many washing machines along with the ED and the CBI to force corrupt Congressmen to flee to his embrace!" he said in another post. Jindal, who represented Kurukshetra constituency in the Lok Sabha from 2004-14 as a Congress MP, announced his resignation on X just before he joined the BJP. "I represented the Congress Party in the Parliament as an MP from Kurukshetra for 10 years. I thank

Lok Sabha elections: Naveen Jindal, Kangana Ranaut on BJP's latest list

Pilibhit MP Varun Gandhi has been replaced by Uttar Pradesh minister Jitin Prasada. However, Maneka Gandhi has been fielded again from Sultanpur

Naveen Jindal joins BJP, says wants to contribute to 'Viksit Bharat'

Industrialist and former MP Naveen Jindal quit the Congress and joined the BJP on Sunday, saying he wants to contribute to Prime Minister Narendra Modi's agenda of 'Viksit Bharat'. He joined the BJP in the presence of its general secretary Vinod Tawde, who said Jindal's presence in the party will help the government's agenda of boosting the country's economy and prosperity. Tawde noted that the Jindal Steel chairperson has a keen interest in sports and education as well. Jindal represented Kurukshetra constituency in Lok Sabha between 2004-14.

Naveen Jindal takes charge as president of the Indian Steel Association

Naveen Jindal has been unanimously elected as the president of ISA by the apex committee, the governing body of Indian Steel Association

Naveen Jindal takes charge as Steel Association prez with immediate effect

Naveen Jindal, Chairman of Jindal Steel and Power on Thursday assumed the charge as the President of Indian Steel Association with immediate effect. In a statement, the Indian Steel Association (ISA) said that Naveen Jindal assumed the role of President, succeeding Dilip Oommen, Chief Executive Officer (CEO) of AMNS India, effective March 21. Naveen Jindal, Chairman, Jindal Steel and Power (JSP) has been unanimously elected as the President of the ISA by the Apex Committee, the governing body of ISA, according to the statement. Steel industry along with its upstream and downstream manufacturing value chains will have to grow in tandem for India to realise its development goals. The industry is committed to decarbonise and reduce its carbon footprints to meet its target in line with the Prime Minister's commitments to the world, Jindal said. ISA is the apex body of the domestic steel industry and works collectively to highlight the issues of the sector.

Coal scam: Delhi court allows Cong leader Naveen Jindal to travel abroad

A Delhi court has allowed Congress leader and industrialist Naveen Jindal, accused in three cases related to alleged irregularities in the allocation of coal blocks, to travel to Oman and UAE from September 11 to 13. Special Judge Arun Bhardwaj allowed Jindal's application noting he had travelled abroad several times in the past and returned to India to face the trial within the stipulated period. "In the considered opinion of this court, the applicant/accused is entitled to permission of the court to travel abroad to Oman and UAE from September 11 to 13," the judge said. The judge directed Jindal to furnish a fixed deposit of Rs 1 crore and not to tamper with any evidence or try to influence any witness in any manner. Jindal had moved the application seeking court's permission to go to the two countries in connection with his business interests. One of the cases Jindal is an accused in pertains to irregularities in the allocation of the Amarkonda Murgadangal coal block in Jharkha

Delhi court gives 'no-objection' for renewal of Naveen Jindal's passport

A Delhi court has given its 'no-objection' for the renewal of the passport of Congress leader and industrialist Naveen Jindal, accused 'in a coal scam case. Special Judge Arun Bharadwaj, meanwhile, said that the order was only for no-objection, and not any direction to any authority for the renewal of the passport of Jindal. Having considered various judgments relied upon by the counsel for the applicant, this court deems it appropriate to grant no objection of this court for the renewal of passport of the accused with validity for its full term of ten years, the judge said in an order passed on September 2. Jindal is an accused in a case pertaining to alleged irregularities in the allocation of the Amarkonda Murgadangal coal block in Jharkhand. Both the CBI and the ED did not oppose the application. His passport is about to expire in May next year.

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

JSPL promoter Naveen Jindal explores potential $3 billion funding

Analysts expect JSPL to report an Ebitda of Rs 11,687 crore in the financial year 2024