Jindal to expand steel output, buy mines in West Africa

We are very confident that getting to 85 percent (production capacity) will not be difficult given the situation that at least 20-21 million tonnes of fresh production would be there, Sajjan Jindal said.

Indian equities continue to trade in a lackluster manner amid volatility. Metal, oil & gas auto stocks witnessed a fall. However, IT and technology stocks gained. At 12 noon, the Sensex was trading down 13.28 points or 0.07% at 19,239.33 with 20 components ...

In a report with recommendations for Jindal Steel and Power (JSPL) and the Indian government, Human Rights Watch said the Mozambique government and foreign companies' work in resettling communities displaced by coal mining has "serious shortcomings".The New ...

The company, headed by Sajjan Jindal, had reported a net profit of Rs 769.73 crore during the corresponding quarter of 2011-12. JSW's standalone net profit also declined by nearly 24 percent at Rs 573.23 crore during the last quarter vis-a-vis Rs ...

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In addition to UK-listed Great Eastern Energy, Brisbane, Australia-based Dart Energy and a consortium of Jindal Steel and Power and Deep Industries have won bids for four coal bed methane (CBM) gas blocks of Oil and Natural Gas Corporation (ONGC).

Banking, realty, auto and realty stocks are lending strength to the indices. HDFC, Hindalco, SBI, HDFC Bank, Jindal Steel continued to lead gainers in the Sensex.

Business Standard reported that Jindal Steel & Power Ltd which is building a 6 million tonne per annum Greenfield steel plant at Angul, expects to start operations of its steel melting shop by June this year. Mr Naveen Jindal chairman of JSPL said ...

India Education bureau reported that Jindal Steel & Power Ltd chairman Mr Naveen Jindal on Monday meets Odisha Chief Minister Mr Naveen Patnaik at the state secretariat. Jindal discussed about the progress of various projects of the JSPL in the ...