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JSW's Bengal dream stares at singur fate

Wednesday 3rd Aug 2011 142

Kolkata : 10 mn-tonne plant in Mamata’s crosshairs; company says work in progress. After the Tatas, it’s now the Jindals’ turn to face the heat in Bengal. At a time when Sajjan....

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Morgan Stanley sells 1.2 mn JSW Steel shares

Tuesday 2nd Aug 2011 144

New Delhi : Foreign fund house Morgan Stanley has sold 1.2 million shares of JSW Steel for about Rs 84 crore on the bourses through open market. According to data on the National....

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Steel makers to add 30 mn tonne capacity by FY13

Tuesday 2nd Aug 2011 139

New Delhi : Major steel producers such as Steel Authority of India (SAIL), Tata Steel, Rashtriya Ispat Nigam (RINL), JSW Steel, JSPL, Essar Steel, among others, are likely to add about 30....

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JSW Ispat signs Rs 6,000 cr debt refinancing deal

Tuesday 2nd Aug 2011 141

Mumbai : JSW Ispat Steel Ltd has signed a deal to refinance Rs 6,150 crore ($1.4 billion) of debt, enabling the company to come out from a corporate debt restructuring programme,....

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Locals oppose 600,000-tree cut for Posco project

Tuesday 2nd Aug 2011 140

Bhubaneswar : Over six lakh trees and some 1,800 betel vines will have to be sacrificed to set up Posco's Rs 52,000 crore mega steel project in Orissa's coastal Jagatsinghpur district. The....

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