Jindal Steel And Power Ltd (JNSP.NS)
27 Nov 2015
MUMBAI Jindal Steel and Power Ltd said it plans to cut costs and divest some non-core assets, as it swung to a second-quarter loss due to a drop in iron and steel sales and a one-time charge linked to an overseas unit.
MUMBAI, Nov 15 India's Jindal Steel and Power Ltd said it plans to cut costs and divest some non-core assets, as it swung to a second-quarter loss due to a drop in iron and steel sales and a one-time charge linked to an overseas unit.
Sep 23 Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of September 22, 2015. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------- ---------- ------ ------- --------- SHORT TERM RATINGS: ------------------- Amol Dicalite Ltd ST Bk Fac
SYDNEY One of Australia's oldest coal mines on Tuesday said it was being shut by its Indian owner Jindal Steel and Power as market conditions in the sector continue to deteriorate and financial pressures on producers mount.
- Note: Reuters has not verified this story and does not vouch for its accuracy
** Jindal Steel and Power fell as much as 9.2 pct adding to Thursday's 11.3 pct slump
** Grim demand especially from materials industry coupled with yuan devaluation may derail bets made on deleveraging at Indian metals and mining cos
** Investors eyeing Indiabulls Housing, Glenmark and Britannia Industries for inclusion in MSCI indexes
** Jindal Steel And Power gains 4.8 pct, adding to Monday's 4.5 pct rise
* Says duty structure imposed on steel by government is not enough