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Latest Articles in jindal steel and power

JSPL Q1 FY18 Results: Reviving Signs, Improving Margins, Easing Debt Concerns

After ten consecutive quarters of losses, the company has not yet projected profit, but what is impressive is the momentum of improvement it is working to gain, on the back of certain factors

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JSPL's Plant Buy On Track, May Close By June 2018: JSW Energy

"The Tamnar acquisition is on track and expected to close before the long stop date of June 30, 2018," JSW Energy said in its annual report 2016-17

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Indian Railways Safety Overhaul At Risk Due To Rail Shortage

State-owned Steel Authority of India Ltd (SAIL) has promised to meet only around 78 percent of demand in the year to end-March 2018, prompting Indian Railways to escalate the problem to the office of Prime Minister Narendra Modi, communications between the railways and the steel ministry show.

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JSPL Bags 0.511 MTPA Coal Linkages For 5 years Duration

The coal linkages, secured for five-year duration, will provide steady supply of fuel to captive power plants run by the company for its steel making operations.

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The Time Of Millennials

The ‘business mix’ is transforming as the millennials join the workforce among industries. As technology, automation, robots step into the world of business, the trends pertaining to the entire ecosystem is transforming.

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'Focus On Manufacturing Sector Is Right Step For Growth'

In a conversation with BW Businessworld Jindal speaks about the much hyped Chhattisgarh power plant deal, JSPL debt and the potential of the services sector to make an impact on our economy today

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Steel Saviour: Performance Turnaround For JSPL; Thanks To Steel Business

Amidst the slow domestic demand scenario, the company has managed to narrow down the consolidated loss to 100 crore in the quarter ended march 31 2017, on the back of two major components - Pellet business and exports

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Coal India Wins Tax-Cut Boost As Environmentalists Fret

State-run Coal India Ltd, saddled with millions of tonnes of unsold coal, is expected to be the biggest beneficiary of a controversial government decision to more than halve the sales tax on the fuel after a jump in local supplies

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Steel: The Big Fat Debt Crisis

The unpaid dues in India’s steel industry are looming large. And even steel behemoths are barely able to keep their heads above water

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Sebi Tightens Rules For Credit Rating Agencies

Credit rating agencies will be required to publicly provide more details of the criteria and process behind rating changes and review each criteria periodically

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Jindal Steel Defaults On Debenture Interest Payments

Headed by Naveen Jindal, Jindal Steel and Power is one of the most heavily-indebted Indian firms with a net debt of about 460 billion rupees at end-March

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Brothers In High Tension Debt Bailout Bonhomie

The sale of the power project to JSW Energy will bring down JSPL's debt by about 10%, which may not be enough to move the company back to profitability

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JSW Energy To Buy Jindal Steel's 1,000 MW Plant For Rs 6,500 Crore

While the deal would help reduce debt at Jindal Steel, it would also be a boon for top lender State Bank of India which has been trying to broker an agreement between the companies

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Orissa High Court Frees Up Iron Ore For Use At JSPL Plant

The company argued in the Orissa High Court it had already paid the royalty for the iron lying at the dispatch point of Sarda mine

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JSW Energy Eyeing Distressed Power Plants, Says CFO Seshagiri Rao

JSW Energy is looking at various distressed coal-fired power plants in anticipation of demand improving, an executive said, amid talk the company is buying a big power plant from Jindal Steel & Power

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