Jindal Steel and Power

JINDAL STEEL AND POWER NEWS

JSW Energy to acquire JSPL's 1,000 MW plant for Rs 6,500 crore

May 05, 2016 2:05 am

The move will help the Naveen Jindal-led steel-to-power group to pare debt burden. The consolidated debt of JSPL is around Rs 46,000 crore.

Payment failure: Crisil cuts JSPL rating to ‘default’

March 11, 2016 2:01 am

Debt worth Rs 32,638 crore has been lowered. This includes Rs 14,199 crore of term loans, and Rs 6,860 crore of short-term and long-term loan facilities, among other instruments.

HC stays DGCA notice to JSPL’s aircraft charter firm

December 23, 2014 3:06 am

JSPL’s charter firm was given licence on December 23, 2008, which was to expire on December 22, 2014.

Fresh case against Jindal Steel and Power, searches carried out

October 19, 2014 3:10 pm

A CBI spokesperson said that it is the 36th FIR in connection with its probe into the coal blocks scam.

Jindal Steel and Power wins $22.5 mn arbitration against Bolivian firm

August 23, 2014 8:33 pm

Jindal Steel and Power had in 2007 entered into a joint venture pact with Bolivian state.

IMG for scrapping 30 captive coal blocks

February 11, 2014 2:25 pm

In its two-day meeting, IMG considered status of 61 coal blocks and finally zeroed on mines de-allocation.

IMG recommends cancellation of 30 coal blocks

February 11, 2014 3:19 am

Industry giants including Tata, JSPL, Essar, Vedanta, ArcelorMittal are impacted by the order.

IMG recommends cancellation of 19 coal blocks

February 09, 2014 2:23 am

The fate of the other blocks were not immediately known.

Coal ministry panel cancels award of 11 captive blocks

November 22, 2013 2:49 am

Three mines of JSPL,block given to Tata-led venture in list.

Macquarie maintains 'Outperform' on Jindal Steel and Power

September 03, 2013 3:32 am

Jindal Steel and Power (JSPL) has announced a buyback of R1,000 crore at a maximum price of R261/share,which at this price equates to 4% of the fully diluted equity and around 7% of the free float. We maintain ‘outperform’.

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