Jindal Steel gains on securing LoI from Government of Odisha

Jindal Steel

Jindal Steel & Power is currently trading at Rs. 960.55, up by 4.55 points or 0.48% from its previous closing of Rs. 956.00 on the BSE. The scrip opened at Rs. 964.85 and has touched a high and low of Rs. 964.85 and Rs. 953.60 respectively. So far 3126 shares were traded on the counter. … Read more

Jindal Steel rises on commissioning first galvanizing line at Angul Integrated Steel Complex

Jindal Steel

Jindal Steel & Power is currently trading at Rs. 942.40, up by 3.15 points or 0.34% from its previous closing of Rs. 939.25 on the BSE. The scrip opened at Rs. 959.05 and has touched a high and low of Rs. 959.05 and Rs. 940.00 respectively. So far 11044 shares were traded on the counter. … Read more

158 lakh MT steel to be consumed in construction of houses sanctioned under PMAY(U): Hardeep Singh Puri

About 158 lakh Metric Tonne steel and 692 lakh Metric Tonne cement is likely to be consumed in construction of all the houses sanctioned under PMAY(U) as per estimates, said Shri Hardeep Singh Puri, MoS, I/C, MoHUA and MoCA. Addressing a webinar on Atmanirbhar Bharat: Fostering Steel Usage in Housing & Construction and Aviation Sector, the Minister said that nearly 84 … Read more

Usha Martin gets shareholders’ nod to sell steel unit to Tata Steel

Usha Martin has received shareholders’ approval to sell its steel business to Tata Steel as a going concern on a slump sale basis. The sale of its steel business to Tata Steel will help the company significantly reduce its debt. Earlier, Tata Steel has executed definitive agreements for the acquisition of Usha Martin’s steel business … Read more

Tata Steel flags-off Art Residency Programme at CFE Jamshedpur

Tata Steel has flagged off the first-ever Art Residency Programme in Jamshedpur under the aegis of the Centre for Excellence (CFE) Jamshedpur. The 12-day Art Residency aims to offer a platform for artistic experimentation and social engagement with a selection of iconic artists in the field of painting, sculpting and ceramic art. The programme is … Read more

Tata Steel to sell two units in South East Asia: Report

Tata Steel is reportedly selling two of its units in South East Asia – NatSteel Holdings and Tata Steel Thailand which would be valued at $500 million. The company has received interest for the two units from many players, including private companies. These units will be sold together. Tata Steel, the flagship company of the … Read more

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