Monnet Ispat and Energy Ltd has agreed in-principal to sell its equity stake in Orissa Sponge Iron & Steel Ltd to debt-ridden Bhushan Steel Ltd, according to a stock market disclosure. It did not share details of the proposed transaction but ... VC Circle, 2 days ago
Bhushan Steel looking at Monnet Ispat stake in Orissa S... - Steel Guru, 2 days ago
Orissa Sponge Iron zooms over 75% in four days - Business Standard, 2 days ago
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NEW DELHI: Bhushan Steel today said it is in talks with Monnet Ispat and Energy to acquire the company's stake in Orissa Sponge Iron and Steel. In a BSE filing, Bhushan Steel said: "Our discussion with Monnet Ispat regarding purchase of their stake in Orissa ...Economic Times, 4 days ago Bhushan Steel gains 1.4% India Infoline, 3 days ago Bhushan Steel eyes Monnet Ispat on Orissa Sponge Iron Money Control, 4 days ago Monnet Ispat zooms 5.3% on stake sale buzz India Infoline, 1 week ago
POSCO has shelved its plan to build a steel mill in Eastern India because it cannot finance large-scale overseas projects due to its deteriorating financial health. The decision is part of the steelmaker's full-scale restructuring scheme, unveiled ...Korea Times, 1 month ago Warring Groups Resolve to End Fight Over Posco New Indian Express, 2 weeks ago Posco's $12 billion Orissa project on hold Times of India, 1 month ago Stalled investment Millennium Post, 1 month ago
South Korean steel giant Posco has put on hold its $12 billion steel project in Orissa due to delays in various regulatory approvals. “We are tentatively suspending the Odisha (India) project due to lack of any progress,” Posco chairman and chief ...Asian Age, 1 month ago
Tags: India , Indian Subcon , steelmaking , Istanbul | similar articles » The provincial government of mineral-rich Orissa in eastern India has assured steel producers that they will be given preference at the forthcoming auctions of iron ore ...SteelOrbis, 2 months ago Orissa iron ore auction attracts poor demand SteelOrbis, 1 month ago Indian iron ore fines export offers face resistance from buyers SteelOrbis, 4 weeks ago Slight gains in Indian iron ore export offer prices but buyers await another fall SteelOrbis, 1 month ago
In a pointer towards the changing political dynamics between the BJP-led NDA government at the Centre and its estranged Orissa partner, the Biju Janata Dal led by chief minister Naveen Patnaik, Prime Minister Narendra Modi has called a meeting with state ...Asian Age, 3 days ago
Monnet Ispat & Energy rebounds from 3-month lows on plans to take measures to cut down on debt payments
Monnet Ispat & Energy, a steel maker, rebounded from 3-month lows on news that the company may sell off stakes in units in a bid to cut down on debt payments. Monnet said it was in talks with larger rival Bhushan Steel to exit its 35 percent stake ...Business Insider India, 1 week ago Monnet Ispat surges after plans to sell controlling stake in subsidiary to JSW Energy Capital Market, 1 month ago
Bhubaneswar : Amidst various issues faced by steel industries, steel magnates of India have again requested appointment to meet the Chief Minister Mr. Naveen Pattnaik to apprise him on various challenges plaguing the industry today. The Steel ...Orissadiary.com, 2 weeks ago India's JSPL seeks additional land for expansion of steel mill SteelOrbis, 1 month ago Indian Steel Production Increases 4% Year-over-Year in May Yahoo! Finance, 2 months ago
17-08-2015 By;Prasanta Patnaik,Patron,Orissabarta Shri.Bijaynanda Patnaik known as Biju Patnaik, a two-time chief minister of Orissa (now Odisha) — whose interest in aviation and remarkably adventurous life as a young pilot make him stand apart from ...Orissabarta, 1 week ago A sordid story of malicious action taken against a decorated police officer New Delhi Pioneer, 1 month ago Odisha ex-MP files case against CM Naveen Patnaik alleging criminal conspiracy Indian Express, 2 months ago Case against ex-DGP: HC rebukes Vig dir Odisha Television, 2 months ago
More from: , Indian Express...and 3 other sources
It has been 10 years since the MoU was signed, but the steel plant still hasn't taken off. Let's see what has changed since the MoU was first signed. POSCO South Korean steel giant Posco has put on hold its $12 billion steel project in ...DNA India, 1 month ago How much the world has changed since Posco decided to set up steel plant in India in 2005 DNA India, 1 month ago
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