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JSW Steel plans to borrow $750 mn loan to meet capital expenditure needs | Company News

Business Standard

[ad_1] By Ameya Karve and Swansy Afonso Steel tycoon Sajjan Jindal plans to borrow $750 million for capital expenditure purposes as India’s largest mill targets a major capacity expansion, according to people familiar with the matter. JSW Steel Ltd., part of the $23 billion JSW Group, is sounding out lenders and a … Read more

Tata Steel, JSW Steel among bidders for mines under coal block auction | Company News

Business Standard

[ad_1] Tata Steel, JSW Steel and Rungta Sons are among the 27 companies which have submitted bids for coal blocks put up for commercial mines auction, the government said on Tuesday. “A total of 27 companies including major companies like Tata Steel Ltd, JSW Steel Ltd, Rungta Sons Pvt Ltd., etc. have submitted … Read more

Odisha CM Patnaik lays foundation stone for JSW’s Rs 65K cr steel facility | India News

Business Standard

[ad_1] Odisha Chief Minister Naveen Patnaik on Friday laid the foundation stone for a steel project of JSW Group to be set up at an estimated investment of Rs 65,000 crore. The proposed project would have an annual steel manufacturing capacity of 13.2 million tonne (MT) with a captive power plant and captive … Read more