JSPL land oustees lift blockade, agitation continues

Last Updated: Saturday, February 4, 2012, 21:40

Land oustees of JSPL on Saturday lifted blockade before the company gate to facilitate movement of people living in the steel plant premises here in accordance to Orissa High Court's direction.

Tripartite talk fails to break deadlock at JSPL

Last Updated: Friday, February 3, 2012, 19:57

The 10-day long deadlock at Jindal Steel and Power Limited (JSPL) plant site continued as the much awaited tripartite talk on Friday between land losers, the administration and JSPL failed to break it.

JSPL to add 3 mn tonnes of new steel capacity in FY 2013

Last Updated: Sunday, January 29, 2012, 12:47

The Odisha steel plant has a envisaged steel production capacity of 6 MTPA in the first phase, with an estimated investment of Rs 30,000 crore.

JSPL Q3 up 7% at Rs 996.68 cr

Last Updated: Wednesday, January 18, 2012, 22:52

Jindal Steel and Power (JSPL) Wednesday posted 6.81 percent growth in consolidated net profit at Rs 996.68 crore for the quarter ended December 31, as rupee depreciation and high raw material costs hit the company's bottomline.

NZ co LanzaTech to help IOC, JSPL set up bio jet fuel plant

Last Updated: Sunday, January 1, 2012, 12:57

LanzaTech will open an office in the country in the first half of 2012 as part of its plan to expand its operations here.

JSPL to close gas supply deal for Bolivian plant in a month

Last Updated: Sunday, November 13, 2011, 20:00

Jindal Steel & Power executive Vice-Chairman Naveen Jindal on Sunday said the work on his Bolivian project will start next year and is hopeful of closing gas supply within the next one month or so.

JSPL Q2 net profit declines marginally to Rs 891.80 cr

Last Updated: Tuesday, October 18, 2011, 22:41

Naveen Jindal-led Jindal Steel and Power Tuesday reported marginal decline in consolidated net profit to Rs 891.80 crore for the quarter ended September 30, 2011, due to increased expenditure on raw materials, interest outgo and a one-time exceptional item.

Naveen Jindal gifts $2.5 mn to Univ of Texas

Last Updated: Sunday, October 16, 2011, 14:32

Industrialist Naveen Jindal gifted USD 2.5 million to his alma mater, the University of Texas at Dallas.

Jindal Power IPO unlikely in the next 4-5 months

Last Updated: Sunday, September 4, 2011, 12:25

Jindal Power, a JSPL subsidiary, Sunday said its initial offer, through which it aims to raise up to Rs 7,200 crore, is unlikely to hit the market in the next four-five months.

Jindal Steel raises $475 mn for Oman expansion plan

Last Updated: Wednesday, August 24, 2011, 09:52

Jindal Steel & Power Limited (JSPL), which owns the Jindal Shadeed Iron and Steel plant in Oman's Sohar district, has raised USD 475 million in India through the takeout financing route to fund its expansion programme in the Gulf country, a news report has said.

Naveen Jindal hikes stake in JSPL to 0.29%

Last Updated: Saturday, August 6, 2011, 21:21

Jindal Steel and Power on Saturday said its Chairman and Managing Director Naveen Jindal has increased his stake in the company by 0.01 percent by acquiring 1 lakh shares for Rs 5.38 crore.