Why Jindal Steel exited its $2.1 bn venture in Bolivia

On July 16, Jindal Steel & Power, the flagship company of Naveen Jindal, terminated the contract to develop the El Mutun iron ore mines in Bolivia. The mines are said to have 40 billion tonnes......

Jindal wraps up Bolivian deal

Navin Jindal-controlled Jindal Steel & Power has sorted out the differences on payment of royalty with the Bolivian government for its proposed development of EI Mutun mine, a site believed to......

Indian steel firms go global

The Indian steel industry has come of age and chasing its fortunes with calculated risk pertaining to a dynamic global geopolitical climate.A fortnight back, Jindal Steel and Power won a global bid......

Jindal Steel to invest $2.1 bn in Bolivia

Steel major Jindal Steel and Power Ltd on Friday said it would invest $2.1 billion(about Rs 9,500 crore) to set up new steel plants in Bolivia for which it has reached an agreement with the Latin......