by newsworm | Jan 9, 2025 | Jindal Steel & Power, JSW Steel
The content is about the Jindal family’s business empire in India. OP Jindal, a businessman, built an empire worth $35 billion in Mumbai before his death. The empire was divided among his four sons, with his widow Savitri Jindal overseeing the business. Two of... by newsworm | Jan 9, 2025 | JSW Steel
Indian steel giant, JSW Steel, has seen its $151 million coal deal in Mozambique frozen due to a legal dispute. The deal, closed in 2017, was to acquire coal from Riversdale Mining, a Mozambican company, to fuel its Indian operations. However, the Mozambican... by newsworm | Jan 8, 2025 | JSW Steel
India’s largest steelmaker, JSW Steel, has been sidelined by a legal dispute over a coal concession in Mozambique. The company had agreed to buy Minas de Revuboè (MdR) in May, but the Mozambican government revoked the license and awarded it to Stonecoal SA,... by newsworm | Jan 8, 2025 | JSW Steel
India’s largest steelmaker, JSW Steel Ltd, has been affected by a legal dispute over a coal concession in Mozambique. The company agreed to buy Minas de Revuboè (MdR) from the estate of Ken Talbot, an Australian mining tycoon, in May. However, the Mozambican... by newsworm | Jan 3, 2025 | JSW Steel
JSW Steel Limited has received a notice from the Office of Assistant Commissioner of Central Tax, Hosapete Division, demanding a tax amount of ₹1,29,36,981 along with interest and penalty of ₹1,24,72,581 and ₹1,29,36,891, respectively. The matter dates back to FY... by newsworm | Dec 27, 2024 | JSW Steel
ICICI Securities has upgraded Tata Steel and JSW Steel to a “Buy” rating, citing improvement in the profitability and cash flow of the steel industry. The brokerage firm has also kept its overweight call on the metal sector, citing factors such as demand...