News for 'Jindal'

Steel industry flags price pressure from cheap imports

Steel industry flags price pressure from cheap imports

Rediff.com27 Oct 2025

Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.

Bharti Enterprises, Warburg Pincus to acquire 49% stake in Haier India

Bharti Enterprises, Warburg Pincus to acquire 49% stake in Haier India

Rediff.com25 Dec 2025

Sunil Bharti Mittal-led conglomerate Bharti Enterprises and private equity firm Warburg Pincus will collectively acquire a 49 per cent stake in Haier Appliances India, the local unit of China's Shandong-based Haier group, for an undisclosed amount. The transaction, according to industry sources, values the company at about 15,000 crore.

CIC gets full strength after 9 yrs; Raj Kumar Goyal appointed chief

CIC gets full strength after 9 yrs; Raj Kumar Goyal appointed chief

Rediff.com16 Dec 2025

The Central Information Commission (CIC) attains its full strength after nine years with the appointment of Raj Kumar Goyal as chief and eight other information commissioners.

Sajjan Jindal attends wedding of Nawaz Sharif's grandson in Lahore

Sajjan Jindal attends wedding of Nawaz Sharif's grandson in Lahore

Rediff.com2 Jan 2025

Indian business tycoon Sajjan Jindal, along with his family, attended the wedding festivities of the grandson of former Pakistan prime minister Nawaz Sharif in Lahore. Jindal, the managing director of JSW Steel, was among 700 local and foreign guests who attended the wedding of Sharif's grandson Zayd Hussain Nawaz at their palatial Jati Umra Raiwind residence in Lahore on Sunday. Several other Indians also attended the festivities.

Debt reduction, joint venture benefits positive for JSW Steel

Debt reduction, joint venture benefits positive for JSW Steel

Rediff.com15 Dec 2025

JSW Steel Ltd (JSTL) has announced a restructuring that unlocks value from Bhushan Power & Steel Ltd (BPSL) and changes the balance-sheet. JSTL will do a slump sale of 50 per cent stake in BPSL to Japan's JFE Steel in two equal tranches, totalling Rs 15,700 crore in cash.

Buoyant demand has failed to push steel prices

Buoyant demand has failed to push steel prices

Rediff.com21 Nov 2025

The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.

WPL auction: UP Warriorz break the bank for Deepti!

WPL auction: UP Warriorz break the bank for Deepti!

Rediff.com27 Nov 2025

The seasoned duo of Meg Lanning and Sophie Devine were also among the marquee picks. Giants bought Devine for Rs 2 crore, while UP Warriorz landed Lanning for Rs 1.90 crore.

Sensex climbs 224 points; metal stocks shine

Sensex climbs 224 points; metal stocks shine

Rediff.com3 Oct 2025

From the Sensex firms, Tata Steel climbed the most by 3.40 per cent, followed by Power Grid, Axis Bank, Kotak Mahindra Bank, Larsen & Toubro, Bharat Electronics and Bharti Airtel. In contrast, Tech Mahindra, Maruti, UltraTech Cement and Bajaj Finserv were among the major laggards.

Manufacturing Push Lifts Private Capex In H1FY26

Manufacturing Push Lifts Private Capex In H1FY26

Rediff.com10 Nov 2025

Private investment projects constitute well over 70 per cent of the nearly Rs 34 trillion of fresh investments announced in H1 this year.

DMK moves SC against EC's electoral roll revision in Tamil Nadu

DMK moves SC against EC's electoral roll revision in Tamil Nadu

Rediff.com3 Nov 2025

Tamil Nadu's ruling DMK has filed a petition in the Supreme Court challenging the Election Commission's plan to implement the Special Intensive Revision of electoral rolls in the state.

Vroom: Where Kids Can Learn About Cars...

Vroom: Where Kids Can Learn About Cars...

Rediff.com17 Oct 2025

Vroom, which was conceptualised by MuSo and executed in partnership with Vikram Mehta, CEO of Planet Auto, is more than a car show, it is an educational pit stop that promises to ignite a lifelong interest in engineering, mechanics, and design.

'India's paint market is highly local and competitive'

'India's paint market is highly local and competitive'

Rediff.com11 Jul 2025

'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'

A Day at Mumbai's Museum of Solutions

A Day at Mumbai's Museum of Solutions

Rediff.com21 Oct 2025

MUSO is more than a museum; it is a vibrant, innovative playground that fosters curiosity.

India's shooters struggle on Day 1 of ISSF World Cup

India's shooters struggle on Day 1 of ISSF World Cup

Rediff.com9 Sep 2025

India's 10m air pistol and rifle mixed teams failing to reach the finals of the ISSF World Cup.

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Rediff.com5 Sep 2025

Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.

Meghana wins maiden ISSF World Cup medal

Meghana wins maiden ISSF World Cup medal

Rediff.com14 Sep 2025

Meghana Sajjanar clinched her first-ever World Cup medal, a bronze, in the women's 10m Air Rifle, as India finished fifth in the season-ending ISSF World Cup Rifle/Pistol in Ningbo, China.

Why Is DC's Parth Jindal Getting So Excited?

Why Is DC's Parth Jindal Getting So Excited?

Rediff.com8 May 2024

From the stands, Jindal Junior was seen shouting 'Out hai! Out hain!' and the video went viral on social media.

'False and baseless': Sajjan Jindal denies rape charges

'False and baseless': Sajjan Jindal denies rape charges

Rediff.com17 Dec 2023

A 30-year-old woman has accused industrialist Sajjan Jindal of raping her after promising to marry her, a charge denied on Sunday by the billionaire. The woman, whose social media profile describes her as an actor, claimed she met Jindal (64), the chairman and managing director of the $23-billion JSW Group, at a cricket match in Dubai a few years ago which led to a friendship and subsequently to the industrialist getting attracted to her. The alleged sexual assault happened on January 24 last year inside the JSW Group headquarters, the woman, a Mumbai resident, has claimed, adding that the industrialist had promised to marry her.

JSW breaks ground for 1,600 Mw power plant in West Bengal

JSW breaks ground for 1,600 Mw power plant in West Bengal

Rediff.com22 Apr 2025

Alongside the power plant, Chief Minister Banerjee also laid the foundation stone for JSW Industrial Park, which will be spread over 2,000 acres with plug-and-play infrastructure.

Mumbai, Kohima safest for women; Delhi, Kolkata at bottom: NARI report

Mumbai, Kohima safest for women; Delhi, Kolkata at bottom: NARI report

Rediff.com28 Aug 2025

The National Annual Report & Index on Women's Safety (NARI) 2025 reveals the safest and least safe cities for women in India, highlighting factors influencing safety perceptions and experiences.

Ex-Cong MP Naveen Jindal joins BJP, to contest from Kurukshetra

Ex-Cong MP Naveen Jindal joins BJP, to contest from Kurukshetra

Rediff.com24 Mar 2024

Industrialist and former MP Naveen Jindal quit the Congress and joined the Bharatiya Janata Party on Sunday, saying he wants to contribute to Prime Minister Narendra Modi's agenda of 'Viksit Bharat'.

After FIR, Himachal minister calls NHAI officials 'most corrupt'

After FIR, Himachal minister calls NHAI officials 'most corrupt'

Rediff.com2 Jul 2025

Singh said that about 150 people including women and forest, revenue and other officials were present at the time of the incident, and if the officials were assaulted, "why are there no eyewitnesses".

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Rediff.com26 Jun 2025

Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.

Ambani family wealth is double that of Adani's at Rs 28 lakh cr: Report

Ambani family wealth is double that of Adani's at Rs 28 lakh cr: Report

Rediff.com12 Aug 2025

The Ambani family, headed by billionaire Mukesh Ambani, possesses a wealth of Rs 28 lakh crore, more than double that of the Adani family at Rs 14.01 lakh crore, a report said on Tuesday. The 300 most valuable Indian families have a wealth of over $1.6 trillion (over Rs 140 lakh crore), or more than 40 per cent of the country's GDP.

BJP's Rudy wins Constitution Club poll with INDIA backing

BJP's Rudy wins Constitution Club poll with INDIA backing

Rediff.com13 Aug 2025

Rajiv Pratap Rudy secured another term as Secretary (Administration) of the Constitution Club of India, defeating Sanjeev Balyan in a closely watched election that saw participation from prominent political figures.

Scindia to Rupani: Bigwigs who died in air crashes

Scindia to Rupani: Bigwigs who died in air crashes

Rediff.com13 Jun 2025

Former Gujarat chief minister Vijay Rupani, who died in a tragic plane crash in Ahmedabad on Thursday, joined the list of several top Indian politicians and prominent personalities who lost their lives in aviation accidents.

How Solving Mocks Helped JEE Toppers

How Solving Mocks Helped JEE Toppers

Rediff.com2 Jun 2025

Delhi Zone's Rajit Gupta scored 332 out of 360 marks to bag the top rank in the IIT Joint Entrance Exam (Advanced).

Is That Flying Radha?

Is That Flying Radha?

Rediff.com23 Jul 2025

Glimpses from around the world that will make you smile and cry.

Which is the new battleground in tax disputes?

Which is the new battleground in tax disputes?

Rediff.com25 Jun 2025

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Rediff.com22 Jul 2025

The IPO wave of 2025 is here, and it's bigger than ever. From fintech unicorns to financial powerhouses and infrastructure giants, some of India's biggest names are all set to make their stock market debut. PhonePe, Zepto, Tata Capital, NSE, NSDL, and JSW Cement are just a few of the highly awaited listings that have investors and analysts buzzing with excitement.

Foreign Degree Loses Sheen As Students Question Return On Investment

Foreign Degree Loses Sheen As Students Question Return On Investment

Rediff.com4 Aug 2025

The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Rediff.com7 Jul 2025

The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

Rediff.com27 Jun 2025

JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.

ISL final: BFC claim firecracker attack on owner, fans

ISL final: BFC claim firecracker attack on owner, fans

Rediff.com15 Apr 2025

Bengaluru FC on Tuesday claimed that its owner Parth Jindal suffered "burns and bruises" in a "cowardly attack" by a section of home fans on travelling supporters during Saturday's Indian Super League (ISL) Cup final against Mohun Bagan Super Giant in Kolkata.

ISSF World Cup: Elavenil opens India's account

ISSF World Cup: Elavenil opens India's account

Rediff.com10 Jun 2025

Indian shooting ace Elavenil Valarivan settled for the bronze medal after leading for a good part of the women's 10m air rifle final on the first competition day of the ISSF World Cup in Munich on Tuesday.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Emergency at 50: JP's diary tells nation's darkest tale

Emergency at 50: JP's diary tells nation's darkest tale

Rediff.com25 Jun 2025

On that fateful day, Narayan, popularly known as JP and a fierce critic of the then-Indira Gandhi government, addressed a massive gathering at the Ramlila Maidan in Delhi.

'Bengal Is In Business'

'Bengal Is In Business'

Rediff.com6 Feb 2025

'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'

Bhutia: Kalyan Chaubey has destroyed Indian football

Bhutia: Kalyan Chaubey has destroyed Indian football

Rediff.com11 Jun 2025

'You're paying Rs 42 lakh for one game. Why not link it to qualification? It just shows how clueless the management is.'

Tech disrupting traditional industries, warn biz leaders

Tech disrupting traditional industries, warn biz leaders

Rediff.com13 Feb 2025

Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.