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......

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......

Naveen Jindal: India's steel king

The year 2006 has so far proved to be quite forgettable for L N Mittal, and while the steel baron's takeover bid for Arcelor has hogged all the headlines, another Indian - Naveen Jindal, aged just......