Jindal Steel

  • JPL commissions 600 MW unit in Raigarh 01-04-2014 12:18 AM

    Jindal Power Limited (JPL), a company promoted by Jindal Steel and Power Limited (JSPL), has successfully commissioned the second unit of its 4x600 MW expansion project in Chhattisgarh's Raigarh district, a release said on Monday. The plant at Tamnar is the country's first mega power project in the independent power...
  • Naveen Jindal lodges complaint with EC against two news channels 18-03-2014 04:08 PM

    Congress MP and chairman of Jindal Steel and Power Naveen Jindal on Tuesday lodged a complaint with the Election Commission against two news channels belonging to a group for allegedly telecasting false news against him. "They have run 85 false news items against me since March 5, when code of...
  • Coal scam: CBI to file first chargesheet in Supreme Court on Monday 09-03-2014 06:43 PM

    New Delhi: The Central Bureau of Investigation (CBI) will be filing its first chargesheet in the coal scam in the Supreme Court on Monday. It will also submitting a status report informing the Court about the progress made in the coal scam probe. The Supreme Court had asked the CBI,...
  • Coal scam: CBI to file status report in SC tomorrow 09-03-2014 06:24 PM

    CBI will be submitting a status report on Monday informing Supreme Court about the progress made in the coal scam probe and on filing charge sheet in one of the cases registered by the probe agency in 2012. Sources in the investigating agency said that a charge sheet was likely...
  • Villagers record statements for NOC for proposed steel plant 08-03-2014 06:57 PM

    Statements of around 27 villagers to seek 'No Objection Certificate' from the Union Environment Ministry for the proposed Jindal Steel and Power Limited (JSPL) were on Saturday recorded at a public hearing held at Asanboni, about 25 kms from Jamshedpur. Among others, JSPL regional officer RN Choudhury, vice-president (Project) Naresh...
  • India reclaims 31 coal blocks from private firms over delay 19-02-2014 06:34 PM

    The coal ministry is taking back 31 coal blocks allocated to private firms including the Tata group and Jindal Steel and Power over delays in developing them, jeopardising billion-dollar projects and inviting legal action. The recalls, coupled with delays in approvals for several large projects such as steel plants by...
  • Sensex ends 206 points up; Reliance Infra surges 4 per cent 23-08-2013 09:47 AM

    Mumbai: 3:00 pm: The Sensex is up 215.34 points or 1.18 per cent at 18528.28, and the Nifty is up 62.85 points or 1.16 per cent at 5471.30, led by private banks, oil and gas, capital goods and metals stocks. The BSE Midcap and Smallcap indices rose 0.9 per cent...
  • Coal scam: Jindal Steel stocks slump over 24 pc after FIR 11-06-2013 01:59 PM

    Mumbai: Shares of Jindal Steel and Power Ltd on Tuesday crashed over 24 per cent in morning trade, as Naveen Jindal and the company were named as accused in the fresh FIR filed by CBI in connection with the coal allocation scam. Following the news, shares of JSPL went into...
  • Sensex nearly flat as free-falling rupee dashes rate cut hopes 10-06-2013 09:29 AM

    Mumbai: Surrendering most of its early gains, the BSE benchmark Sensex on Monday closed just 12 points higher as rupee hitting record lows dashed hopes of a rate cut by RBI, while IT stocks rose on expectations of better dollar revenues. In a volatile trade, the 30-share index, commenced the...
  • WB: JSW Steel puts Rs 35k cr steel project on hold 28-04-2013 01:55 PM

    New Delhi: JSW Steel has put on hold plans to set up a 10 million tonnes steel plant in West Bengal as it has not been able to secure long-term iron ore supplies for the Rs 35,000 crore project. "It is stalled right now, it's on hold. Unless we are...
  • Jindal Steel and Power Q4 net profit down 35 pc 26-04-2013 12:30 PM

    New Delhi: Hit hard by rising interest burden and lower sales realisations, Jindal Steel and Power's (JSPL) consolidated net profit fell by nearly 35 per cent to Rs 760.27 crore for the quarter ended March 31, 2013. The company, headed by Naveen Jindal, had reported a net profit of Rs...
  • Jindal-Zee row: HC seeks transcript of 'sting' video 30-10-2012 09:46 PM

    Mumbai: The Bombay High Court on Tuesday directed Congress MP Naveen Jindal-owned Jindal Steel and Power Ltd, which has filed a Rs 200 crore defamation suit against a news channel, to submit the transcripts and records of the 'sting operation' on alleged extortion demand made by the channel. The order...
  • Zee News sends Rs 150 cr defamation notice to Jindal 27-10-2012 01:13 PM

    New Delhi: Zee News on Saturday sent a defamation notice of Rs 150 crore to Naveen Jindal accusing his press conference on a sting operation conducted by his company, Jindal Steel and Power Ltd, on the TV channel, as an attempt to divert attention from demand for independent probe in...
  • Jindal vs Zee TV: Demand for probe on media grows 26-10-2012 07:42 AM

    New Delhi: The demand for an independent inquiry on the media has grown after Congress MP and industrialist Naveen Jindal released a video accusing Zee TV of extortion. Jindal did a reverse sting operation on Zee TV, showing the media giant demanding advertising commitments in exchange of burying negative coverage...
  • News 360: Probe initiated against 18 of Gadkari's companies 25-10-2012 10:25 PM

    The Income Tax department on Thursday began probe into BJP President Nitin Gadkari's Purti Power and Sugar Ltd (PPSL). I-T authorities said they will also probe source of funds of the 18 companies that invested in Purti. Prima facie evidence suggested that shell companies had invested in Purti. Sources said...
  • Jairam Ramesh practices liberation theology in Saranda

    Espresso Economics |  Vivian Fernandes
    On Independence Day when the Tricolour rises once again in Saranda, the people of this mineral rich area will hope they have not merely exchanged...

  • Four big corporate moves to watch 04-01-2012 03:23 PM

    1. The New Brew in Town For those who take their cup of caffeine seriously, there's good news. Starbucks, the world's biggest coffee brand, is likely to make its Indian debut in the first half of 2012. A formal announcement of their retail JV with Tata Coffee is likely next...
  • CBI raids mining firm owned by Reddy's wife 03-10-2011 12:49 PM

    Bellary: The Central Bureau of Investigation (CBI) on Monday searched offices of two companies, including one owned by the wife of arrested mining baron and former minister G Janardhana Reddy, and also the residence of his close associate B Nagendra. According to sources, the 25-member CBI team, led by its...
  • Rs 215 cr Reddy money stashed abroad: report 29-07-2011 07:24 AM

    New Delhi: The Lokayukta report indicts not just politicians but also corporate houses and the mining mafia. The report names Jindal Steel among the corporates that should be investigated for giving bribes. The Bellary mining mafia is exposed and it cost BS Yeddyurappa the job of the chief minister. The...