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Bhubaneswar (Odisha) [India], April 8: A high-level delegation from the Indian Steel Association (ISA), led by Hon'ble Member of Parliament and President of ISA , Sri Naveen Jindal met Hon'ble Chief Minister of Odisha Shri Mohan Charan Majhi on 7th April 2026 to discuss key challenges and opportunities concerning the steel industry in the state. Also Read | Bride-Buying Racket Busted in Bihar: Rohtas Police Detain 24, Rescue Minor Girl in Bikramganj Raid. The meeting witnessed the presence of ...Read More >
Jindal Steel pioneers the use of syngas in its steel production processes, offering a sustainable solution to natural gas shortages and promoting energy efficiency in the steel industry. IMAGE: Photograph: Wolfgang Rattay/ReutersKey PointsJindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces to mitigate natural gas, LPG, and propane shortages.The company is the first in the steel industry to use syngas in these finishing processes, ensuring continuous ope ...Read More >
New Delhi: The Supreme Court Monday refused to stay the implementation of Adani Group's ₹14,500-crore debt resolution plan for debt-laden Jaiprakash Associates (JAL). A bench led by Chief Justice Surya Kant said it didn't see any reason to interfere with the National Company Law Appellate Tribunal (NCLAT) interim order allowing the implementation of the resolution plan, a decision challenged by Anil Agarwal-owned Vedanta. Noting that Vedanta's appeal is now listed for final hearing on April 10 ...Read More >
New Delhi, Apr 6 (PTI) Jindal Steel on Monday said it has deployed syngas in galvanising and colour coating line furnaces to counter the shortage of natural gas, LPG and propane, enabling the company to sustain operations amid supply disruptions. Syngas, or synthesis gas, is a clean-burning fuel that offers a way to convert waste and biomass into valuable energy, acting as a circular energy source. The innovative switch to syngas -- produced through gasification of coal -- has allowed the comp ...Read More >
New Delhi: Anil Agarwal-owned Vedanta has moved the Supreme Court, seeking stay on the Adani Group's ₹14,500-crore debt resolution plan for now insolvent Jaiprakash Associates (JAL). Challenging the rejection of its revised bid, Vedanta told the apex court that the insolvency process lacked transparency and failed to maximise value for creditors. It alleged that the process followed by the JAL's committee of creditors in approving the plan of Adani Enterprises (AEL) was "unfair, opaque, and ine ...Read More >
Watson is eager to see Polo back in Olympics (Courtesy: Jaipur team) When you think about the different disciplines of sports you come across during tea time, while scrolling on social media, or in casual discussions with friends, polo rarely features among them. Often considered a niche sport and a game for aristocrats, polo is widely perceived as inaccessible to the common person. Yet, it remains a sport steeped in tradition and rich history. Believed to have originated in Persia almost 2,00 ...Read More >
New Delhi [India], October 25 (ANI): The International Polo Cup 2025 witnessed a spectacular display of skill, speed, and sportsmanship as Team India triumphed over Team Argentina 10-9 in an electrifying match held at the Jaipur Polo Ground here on Saturday. The event drew a distinguished audience of over a thousand guests, including Gajendra Singh Shekhawat, Union Minister for Tourism, who graced the occasion as the chief guest. The gathering also included Kiren Rijiju, Minister of Parliamenta ...Read More >
ANGUL: Jindal Steel which aims to produce 25 million tonne of steel by 2030 from its Angul plant, on Tuesday commissioned its 3 million tonne per annum (MTPA) basic oxygen furnace (BOF), adding another 3 MTPA of crude steelmaking capacity. With the new addition, the company's total capacity at Angul has jumped from 6 MTPA to 9 MTPA, bringing Angul closer to its goal of achieving 12 MTPA within the current financial year, a company official said. "The new BOF is now running, and the first heat ...Read More >
Tube & Pipe Fair 2025, organized by Tulip 3P Media, is poised to become India's largest tube and pipe industry exhibition, welcoming global exhibitors and industry leaders to New Delhi from November 4-6. With significant international participation, the fair aims to foster growth through networking and innovation in a rapidly expanding sector. Tulip 3P Media Private Limited is gearing up to host the highly anticipated Tube & Pipe Fair 2025, set to run from November 4 to 6 at Pragati Maidan, New ...Read More >
Bhubaneswar: Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company's total capacity at Angul has increased from 6 MTPA to 9 MTPA -- bringing the plant closer to its goal of achieving 12 MTPA within the current financial year. The synchronised commissioning of Blast Furnace 2 and the BOF converter marks a significant milestone in India ...Read More >
Angul (Odisha) [India], September 30: Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) Converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company's total capacity at Angul has risen from 6 MTPA to 9 MTPA--bringing Angul closer to its goal of achieving 12 MTPA within the current financial year. Also Read | India Women vs Sri Lanka Women Free Live Streaming Online of ICC Women's Cricket Wo ...Read More >
The Enforcement Directorate (ED) alleged that the B C Jindal group and its promoters transferred around ₹505 crore abroad through sham transactions. Searches were conducted at 13 Delhi premises of the group and its directors for suspected FEMA violations, including round-tripping via overseas entities Topaz Enterprise DMCC and Garnet Enterprise DMCC. ED claimed inflated valuations facilitated the transfers. The Enforcement Directorate (ED) on Wednesday alleged that the B C Jindal group of comp ...Read More >
ANGUL: Jindal Steel on Friday commissioned the 5 million tonne per annum (MTPA) Bhagavati Subhadrika Blast Furnace-II at Angul, notching up a milestone of sorts in India's steelmaking industry. The ceremonial blow-in was led by company chairman Naveen Jindal. Commissioning of the blast furnace also makes Angul the largest single-location steel facility in the country. The steel maker said Bhagavati Subhadrika Blast Furnace, with a volume of 5,499 cubic metre, ranks among the world's largest an ...Read More >
Angul: Jindal Steel has marked a major milestone in India's steelmaking industry by blowing in a 5 MTPA blast furnace. This achievement was realised with the commissioning of the Bhagavati Subhadrika Blast Furnace - II. The ceremonial "blow-in" was led by Chairman of Jindal Steel Naveen Jindal, establishing Angul as the largest single-location steel facility in the country. The Bhagavati Subhadrika Blast Furnace, with a useful volume of 5,499 m², ranks among the world's largest and most advanc ...Read More >
Vedanta Group has emerged as the winning bidder for the debt-ridden Jaiprakash Associates (JAL), surpassing Gautam Adani's Group in a competitive acquisition process. The mining conglomerate's bid of Rs 17,000 crore translated to a net present value of Rs 12,505 crore. JAL, facing insolvency proceedings due to loan defaults, attracted multiple bidders, with Vedanta ultimately securing the deal. Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisi ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
New Delhi, Sep 5 (PTI) Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore. JAL, which has interests in real estate, cement, power, hotels and roads, has been dragged into insolvency proceedings after it defaulted on payment of loans. Lenders of JAL conducted a chall ...Read More >
New Delhi, Sep 5 (PTI) Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore. JAL, which has interests in real estate, cement, power, hotels and roads, has been dragged into insolvency proceedings after it defaulted on payment of loans. Lenders of JAL conducted a chall ...Read More >
MUMBAI: Benchmark equity indices Sensex and Nifty closed higher in a volatile session on Wednesday, driven by a rally in metal stocks and optimism related to the GST Council meeting. After oscillating between highs and lows, the 30-share BSE Sensex jumped 409.83 points or 0.51 per cent to settle at 80,567.71. During the day, the benchmark hit a high of 80,671.28 and a low of 80,004.60, gyrating 666.68 points. The 50-share NSE Nifty climbed 135.45 points or 0.55 per cent to 24,715.05. The GST ...Read More >
A three-year safeguard duty on steel imports, initiated by DGTR due to increased imports and declining domestic profits, faces strong opposition. GTRI's report suggests this duty could negatively impact auto, engineering, and construction sectors by raising input costs. Stakeholders argue that the duty will harm export competitiveness and create sourcing challenges, despite domestic steelmakers' profitability. The three-year safeguard duty on steel imports by Directorate General of Trade Remedi ...Read More >
New Delhi [India], August 14: In the wake of Operation Sindoor resounding success, which dismantled terror infrastructure across the border, employees of Jindal Steel have come together in a heartfelt act of patriotism. By contributing one day salary each, they have collectively raised ₹2 crore for the Armed Forces Battle Casualties Welfare Fund to support the welfare of soldiers and their families impacted in the line of duty. The cheque, representing this united employee contribution, was for ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders ...Read More >
Mumbai, August 14: After closing on a strong note on August 13, the stock market is set to reopen on Thursday, August 14, with active buying and selling expected as trading resumes. Several stocks are likely to be in focus on August 14, including Muthoot Finance (NSE: MUTHOOTFIN), United Spirits (NSE: UNITDSPR), Bharat Petroleum Corporation Limited (BPCL) (NSE: BPCL), IRCTC (NSE: IRCTC), Vishal Mega Mart (NSE: VMM), and Jubilant FoodWorks (NSE: JUBLFOOD). Indian equity indices ended higher with ...Read More >
Bhubaneswar / Keonjhar (Odisha) [India], August 6: Sweta Rani Mahanta of Jindal Sports Hostel was felicitated by Hon'ble Chief Minister Shri Mohan Charan Majhi for winning Bronze Medal in the 48 kg category at the 12th Asian Junior Wushu Championship held in China. The Chief Minister felicitated her during the closing ceremony of the 64th Senior Men's Inter-District Football Championship Final for the Sahani Cup, held at Keonjhar Stadium. Also Read | 'Come via Proper Channel': Election Commissi ...Read More >
Mathura, Jul 19 (PTI) Six people died and two were injured when a mini-van collided with a truck on the Yamuna Expressway here, police said on Saturday. "The accident took place at milestone 140 at around 3 am. The Agra-bound mini-van rammed into a heavy vehicle, possibly due to the driver falling asleep at the wheel," Senior Superintendent of Police (SSP) Shlok Kumar said. "Six people died on the spot, while two have sustained serious injuries and were admitted to a hospital," he added. The ...Read More >
New Delhi [India], May 5 : Jindal Steel and Power Limited (JSP) employee and veteran para-athlete Shrimant Jha added ... New Delhi [India], May 5 : Jindal Steel and Power Limited (JSP) employee and veteran para-athlete Shrimant Jha added another medal to his tally after he won a silver medal at the Asian Para-Arm Wrestling Championship held in Ajman, UAE in PIU standing 90 kg category. Jha defeated Kazakhstan's Nikita Chebakov in an impressive contest to clinch the silver medal. Jha said that ...Read More >
Mumbai: The BMC is set to begin structural strengthening work on the Parel TT flyover in October this year. To minimise traffic inconvenience, the repairs will be carried out in phases by closing one lane at a time. The repair work was originally planned two years ago but was deferred as the Delisle Road Bridge in Lower Parel was still under reconstruction at the time. Undertaking both projects simultaneously would have worsened traffic congestion in central Mumbai. Constructed in 1980, the Pa ...Read More >
Indian stock market benchmarks -- the Sensex and the Nifty 50 -- closed lower on Thursday, 17 July, amid profit booking in select heavyweights including Infosys, HDFC Bank, and Reliance Industries. The Sensex declined 375 points, or 0.45%, to settle at 82,259.24, while the Nifty 50 fell 101 points, or 0.40%, ending the day at 25,111.45. Why it's recommended: After recent selling pressure, Tata Steel has shown a strong pullback and broken above the upper trendline of a falling wedge pattern -- ...Read More >
New Delhi, Jul 9 (PTI) Metal stocks ended lower on Wednesday amid concerns after US President Donald Trump unveiled sweeping new measures, including a 50 per cent tariff on copper. Shares of Hindustan Copper dropped 3.76 per cent, Bhagyanagar India declined 3.03 per cent and ND Metal Industries slipped 2.15 per cent on the BSE. The stock of Hindustan Zinc declined 2.56 per cent, Hindalco lost 1.92 per cent, National Aluminium Company went lower by 1.90 per cent, Tata Steel dipped 1.82 per cent ...Read More >
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