- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated
Essar Group has bid $150 million for taking over an Australian coal firm, Rocklands Richfields Ltd, bettering an earlier offer from Jindal Steel and Power Ltd.
One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails
JSW Energy, the group company of Jindal South West headed by Sajjan Jindal, will launch its initial public offer within two months to raise Rs 3,000 crore (Rs 30 billion) to fund 3,000 Mw of power projects under construction. It aims to become a major power producer with about 11,400 Mw of generation by 2015, besides venturing into power transmission and distribution business and investments in renewables like solar energy.
'Imagine China pursuing its aims in Jammu and Kashmir by using Pakistani and now Afghan proxies.'
A blast took place outside the Israeli Embassy in the heart of Lutyens' Delhi on Friday evening, a fire service official said.
The closure of BPSL would add about three million tonnes capacity to JSW Steel's existing 18 million tonnes.
Pearson VUE and Jindal Global Law School introduce scholarships for Indian law students.
Though the ruling Left Front in West Bengal recorded its worst performance in the recent Lok Sabha polls, industrialists appear to be unperturbed by the changing political wind in the state and believe industrialisation will continue.
The brand new bankruptcy process is being brazenly gamed by those with connections and money. The touts and fixers of the previous regime have been replaced by a new set close to this one, observes Debashis Basu.
According to the Central Pollution Control Board (CPCB), the 24-hour average concentration of lung-damaging fine particles known as PM2.5 in Delhi-NCR shot up from 243 micrograms per cubic metre at 6 pm on Thursday (Diwali day) to 410 micrograms per cubic metre at 9 am on Friday, around seven times the safe limit of 60 micrograms per cubic metre.
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
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The award of more than 200 coal blocks to steel, cement and power companies has been at the centre of the so-called "Coalgate" scandal.
Finance Minister Arun Jaitley, in his Budget speech on Monday, announced a new dispute resolution mechanism for such companies who are in confrontation with the taxman's action.
US-based independent IT management software company CA Inc's India Technology Centre (ITC) at Hyderabad is in the process of filing 12 patents with the US Patent Office, said Lokesh Jindal, outgoing senior vice-president of the centre.
"We should raise a movement like Anna Hazare. Many who have left AAP and others including lawyers, doctors need to unite to form an organisation parallel to political parties," he said, adding, "We will form a big organisation within six months."
The project at Salboni was welcomed by people and political parties alike, manifested by festoons welcoming Sajjan Jindal from all parties along the road leading to the site. Jindal complemented the mood at the ceremony with his farmer-friendly speech. "Industry and agriculture go hand-in-hand. My father, O P Jindal, was a farmer and he told all his sons that no wrong must be done to farmers," he said.
Govt to issue ownership rights of 15 coal mines on Mar 23.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Hurricane Gustav churning towards the Gulf Coast of the US nearly three years after Hurricane Katrina devastated that region has not only killed any chance of Louisiana Governor Piyush 'Bobby' Jindal creating history once again, but may end up completely disrupting the Republican National Convention that was scheduled to kick off in Minneapolis-Saint Paul and run through September 4.
Terming the home loans package of PSU banks highly inadequate, Assocham President Sajjan Jindal demanded that the government peg the interest rate on housing loans up to Rs 30 lakh at 6% and at 8.5% for loans above this amount.
Haley, who is planning to take a trade delegation to India in November also talked about the possible partnerships between South Carolina and India.
Sajjan Jindal, vice-chairman and managing director of JSW Steel and one of West Bengal's most valued investors, said that he would have compensated unwilling farmers with double the land 800 acres next door in return for land for the Tata Motors factory at Singur.
Lines up investments in steel, power sectors to profit from booming demand.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Some of India's biggest employers are testing for antibodies to either comply with regulatory norms or gauge the effectiveness of precautionary measures.
Many are testing hybrid models including getting small batches to work, rotating staff every week, introducing shifts and allowing certain functions to operate from office in small numbers.
Large steel producers had reduced prices up to Rs 4,000 per tonne on request of Prime Minister Manmohan Singh on May 7. They had also agreed to hold the price line for the next three months. The three-month price moratorium expires in August.
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
'Hot Mess Holiday airs on December 11 -- it's a really fun story.'
Though the mandate is seen largely an outcome of Banerjee's welfare schemes, she has promised to industrialise at a faster pace, or so read the manifesto.
Additional Sessions Judge Saurabh Kulshreshtha sentenced Thakur to life imprisonment for remainder of his natural life.
Oil economists have been arguing the world over, a full removal of subsidies is the only way consumption will fall
The markets have reacted negatively, for example, to recent news that Cairn India, of which the Anil Agarwal group company Vedanta owns 60 per cent, will give a $1.25-billion loan (about Rs 7,500 crore) on notably easy terms to Sesa Sterlite, another Anil Agarwal group company.
Data from the Central Information Commission, the apex body that hears complaints regarding denial of information under RTI, shows that corporate houses are increasingly using RTI to extract information from public authorities.
Forest land measuring 1838.79 hectares in Odisha has been diverted for 15 industrial projects in the state between 2004 and 2013.
