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 American nation.
The Indian-American Governor-elect of Louisiana, Bobby Jindal, on Sunday said that lack of familiarity, as opposed to a discomfort over his roots, was a major reason why he did not get to the state house four years ago when he first ran for the high office.
Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China's weakness and rolling lockdowns have hit production and demand.
With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.
The fact that one Congress minister and MP nixed a project being promoted by another MP belonging to the same political party is not the only unusual aspect of this episode. This is also a rare instance of the central government acting on the basis of complaints made by a civil society organisation against a large industrial group.
Central Bureau of Investigation has booked former Minister of State for Coal Dasari Narayan Rao and Congress MP and industrialist Naveen Jindal for alleged cheating, graft and criminal misconduct in its 12th FIR in the coal blocks allocation scam, causing embarrassment to the ruling Congress.
Divyansh Singh Panwar would have gone through an entire gamut of emotions in the last two days of the Asian Games in Hangzhou.
Anand, the 49-year-old judge, was allegedly mowed down by an auto-rickshaw while he was jogging on July 28 last year.
The UP government said Yogi returned with investment proposals worth over Rs 5 lakh crore from Mumbai.
Rhea Chakraborty walks joyously for the Reby Jindal resort wear label, Guapa, at the on-going FDCI x Lakme Fashion Week.
The Delhi police on Wednesday registered an FIR against All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi for allegedly making inflammatory remarks.
'Happy Independence Day', Gauri captioned the post.
Two lawyers on Monday wrote separate letters to Attorney General K K Venugopal seeking his consent to initiate contempt proceedings against Rajya Sabha MP and senior advocate Kapil Sibal for allegedly making statements "scandalising" the verdicts delivered by the Supreme Court.
With Housing Development Finance Corporation's (HDFC's) merger with HDFC Bank becoming effective on July 1, the merged entity is set to become the top weight in the benchmarks S&P BSE Sensex and the National Stock Exchange Nifty indices, dislodging the country's most valuable company, Reliance Industries (RIL), from its perch. HDFC will stop trading after July 13. At present, RIL has a weighting of close to 12 per cent in the Sensex and 10.3 per cent in the broad-based Nifty. Meanwhile, HDFC Bank and HDFC have weights of 9.9 per cent and 6.8 per cent in the Sensex and 8.8 per cent and 6 per cent in the Nifty, respectively.
Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.
Jindal Steel & Power Ltd has posted a net profit of Rs 602.10 million for the quarter ended December 31, 2002 as compared to net profit of Rs 294.30 million in the quarter ended December 31, 2001.
An Indian Super League play-off match descended into chaos when the Kerala Blasters walked off the pitch in protest after Bengaluru FC's Sunil Chhetri scored from a quickly-taken free kick on Friday.
'The world is watching carefully. The choices India makes today have consequences beyond its borders.'
The spokesperson was responding to a question by a Pakistani journalist on the condemnation by several Muslim nations over remarks by BJP's former national spokesperson Nupur Sharma and its Delhi media head Naveen Kumar Jindal against the Prophet and the Secretary General's response to it.
Owaisi has demanded the arrest Nupur Sharma for the alleged objectionable remark against Prophet Muhammad.
After a sharp outperformance in the mid-and small-cap segments in the first half of calendar year 2023 (H1-CY23), analysts are now turning cautious on these two market segments and suggest investors stay selective and look for valuation comfort and earnings visibility before investing. The S&P BSE Midcap index has surged 13.7 per cent in H1-CY23, and the S&P BSE Small-cap index gained 12.7 per cent during this period, data shows. The S&P BSE Sensex, in comparison, has moved up 6.4 per cent.
Following a strong performance in the 2022-23 January-March quarter, publicly listed paint industry giants displayed a mixed performance in the 2023-24 (FY24) April-June quarter. While Berger Paints India outperformed its peers and reported results in line with expectations, market leader Asian Paints and Kansai Nerolac Paints fell slightly short of expectations.
The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of the company. Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15, 2023, for concluding the CIRP of FRL. "... NCLT on April 13, 2023, heard the application and granted the said exclusion of 90 days from CIRP of FRL and consequent extension for completion of CIRP till July 15, 2023," said a regulatory filing from the company.
'In today's world, it is difficult for public pressure to work against a country like India.'
The Delhi Police has registered an FIR over complaints that former BJP spokesperson Nupur Sharma was receiving threats for her controversial remarks against Prophet Muhammad, officials said.
Notwithstanding the risk involved, analysts are upbeat on micro-cap investing as India remains in a firm bull market. Moreover, these stocks are available at relatively cheaper valuations compared to large, mid and small caps, assuring alpha returns. With a market-capitalisation (market-cap) of up to Rs 10,000 crore, micro-cap stocks are outside the purview of Nifty 500 stocks, and are ranked from 501 to 750 in the market-cap ladder.
Jindal Steel & Power Q3 results on Jan 23, 2003
'It is commendable that India is able to persuade all sides.' 'It shows that India counts and finally, we are reaching a position where we can find a place in the sun at the global level.'
The Delhi police has provided security to suspended Bharatiya Janata Party spokesperson Nupur Sharma and her family after an FIR was registered on a complaint that she was getting death threats over her controversial remarks on Prophet Mohammed, officials said on Tuesday.
Sharma had applied for the licence which has been granted after assessing threats and following due procedure, they said.
CBI has registered 18 FIRs so far in the coal scam.
A 72-year-old man was held for allegedly disrupting communal harmony and organising a protest without permission at the Jama Masjid area in New Delhi recently against the controversial remarks on Prophet Muhammad, police said.
After a protest erupted outside Jama Masjid after the Friday prayers against the controversial remarks on Prophet Mohammed, Shahi Imam Syed Ahmed Bukhari distanced himself from the demonstration saying "nobody knows who the protesters are" and demanded action against them.
As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail Ltd. The Resolution Professional of Future Retail Ltd (FRL), which is currently going through an insolvency resolution process, on Monday came out with the final list of 'Eligible Prospective Resolution Applicants'. On April 10, FRL's RP updated a list of 49 companies, which had submitted Expressions of Interest (EoIs) after the company's lenders decided to invite fresh bids after dividing its assets into clusters.
India skipper Harmanpreet Kaur came much cheaper for Mumbai Indians at nearly half the price of Mandhana at Rs 1.80 crore.
'China seems more intent on creating a new world order rather than shaping the existing one.' 'India is of course, at this moment in time, aligned with the West-led order because of China's full-spectrum aggressive behaviour towards India.'
Some of these nations are India's biggest export market. India is also dependent on these countries to meet its energy needs.
Suspended Bharatiya Janata Party spokesperson Nupur Sharma, who was summoned by the Bhiwandi police in Maharashtra on Monday over her alleged objectionable remarks against Prophet Mohammed, has sought time to appear before the police to record her statement, a senior official said.
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