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[ Jindal Steel ]
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India Inc wants extension of loan moratorium for another three months; RBI may oblige
Nevin John
May 12, 2020
A total of 3.2 crore account holders in state-owned banks availed the moratorium on loans, Finance Minister Nirmala Sitharaman's office tweeted recently.
World's largest steel producer China, imports steel from India
BusinessToday.In
New Delhi, May 7, 2020
Zomato aims to deliver alcohol amid coronavirus lockdownIndian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as it seeks to cash in on high demand for booze during the country's coronavirus lockdown. Zomato has already diversified into grocery deliveries as the restrictions on movement shuttered some restaurants and people hesitated to order outside food due to fears of catching the disease. There is currently n...
Coronavirus turns tables; shortage forces China to import Indian steel
Nevin John
May 7, 2020
India is a leading exporter of iron ore fines and lump to China and it increased by over 86 per cent in 2019 to 18.35 million tonnes. China's import of Indian ores also more than doubled to 15.75 MT
Biz EOD: No free rides home; special corona tax on alcohol; JSPL posts highest-ever exports
BusinessToday.In
New Delhi, May 5, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report
'Special Corona Fee' on alcohol sale; Gold imports plunge 99.9%
BusinessToday.In
New Delhi, May 5, 2020
Delhi government has decided to impose a 'Special Corona Fee' of 70 per cent on sale of liquor in national capital; India's gold imports plunged 99.9% year-on-year in April to their lowest in nearly three decades as air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus, a government source said; Oil prices climbed in early trade on Tuesday, adding to gains in the previous session, on expectations that fuel demand will begin to pick up as some U.S. states and nations in Europe and Asia start to ease coronavirus lockdown measures. Watch this and more news on News Blast.Also Read: Jindal Steel's export sales jump 109% despite coronavirus lockdown
Jindal Steel's export jumps 109% despite coronavirus lockdown
Chitranjan Kumar
New Delhi, May 5, 2020
Jindal Steel & Power exported 2.48 lakh metric tons (MT) of steel and related products during April, registering a month-on-month growth of 109 per cent
Share Market Update: Sensex ends 261 points lower, Nifty at 9,205; SBI, Britannia, Bajaj Finance top losers
BusinessToday.In
May 5, 2020
Sensex, Nifty Live News Today: Market erased gains on Tuesday after rating firm S&P said that India's fiscal space is expected to be limited, owing to government's already elevated deficit. S&P added that systemic pressures for Indian banks could rise, owing to extension of the virus induced lockdown.
Coronavirus lockdown: Why Sajjan Jindal fears 'awakening' economy will be a challenge
Nevin John
New Delhi, April 28, 2020
Coronavirus impact: Sajjan Jindal said that while the lockdown has had a positive impact, it is imperative to focus on the well being of the economy
Check on the Dragon
Sumant Banerji | Rukmini rao | Niti kiran
New Delhi, April 28, 2020
As India tightens FDI norms, Chinese firms and investments may face regulatory and consumer backlash. The friction between Asian giants could be the beginning of an adversarial chapter in trade
Franklin Templeton MF: All you need to know about credit funds hit by Covid-19 crisis
Aseem Thapliyal
April 26, 2020
With US-based Franklin Templeton Mutual Fund closing its six credit fund schemes effective from April 23, 2020, liquidity shortage in the Indian capital markets has become evident
Share Market Update: Sensex ends 310 points lower, Nifty at 8,925; Kotal Bank, M&M top losers
BusinessToday.In
April 15, 2020
Sensex, Nifty Live News Today: According to experts, prevailing uncertain market conditions amid the rising cases of the virus and extension of the lockdown period have caused volatility and led to the downfall of broader markets on a global scale.
Lockdown 2.0: India Inc supports extension; seeks stimulus package to revive economy
PTI
April 14, 2020
Estimates show that India may be losing close to Rs 40,000 crore daily due to the national lockdown with an estimated loss amounting to Rs 7-8 lakh crore during the past 21 days,\" said Ficci President Sangita Reddy
Share Market Update: Sensex ends 1,265 points higher, Nifty at 9,111; auto stocks top gainers
BusinessToday.In
April 9, 2020
Sensex, Nifty Live News Today: Globally indices turned green as investors turned optimistic over prospects of more government stimulus and tightened lockdowns across the world to combat the virus spread.
JSPL stock rises 20% on report promoters to secure release of pledged shares
BusinessToday.In
April 7, 2020
Earlier on April 3, 2020, JSPL reported its 'highest annual crude steel production and sales figure' for March. The steelmaker said its annual crude steel production as of March 31, 2020, rose 11.9% yearly to 8.17 million tonne (MT).
Share Market Update: Sensex logs biggest single-day gain, rises 2,476 points; Nifty at 8,792
BusinessToday.In
April 7, 2020
Sensex, Nifty Live News Today: All 30 Sensex and 50 Nifty stocks closed higher today. Over 14 out of 30 Sensex stocks and almost 21 Nifty stocks were gaining over 10% at the closing bell.
From Ambani to SRK: Who has donated how much to fight coronavirus?
Anwesha Madhukalya | Mudit Kapoor
New Delhi, April 3, 2020
Coronavirus donations: Tata Sons and Tata Trusts contributed Rs 1,500 crore. Tata Trusts' contribution of Rs 500 crore will be used to manufacture personal protective equipment, respiratory systems, testing kits, setting up modular treatment facilities and training of health workers
Coronavirus impact: JSW Steel's acquisition of Bhushan Power to hit another roadblock
Nevin John
New Delhi, March 31, 2020
JSW Steel was supposed to make payment before March 16 for the acquisition, but it has been delayed as the former promoter Sanjay Singhal filed a petition against the takeover at the Supreme Court
Sensex, Nifty crumble on coronavirus woes: Stocks that bled the most today
Rupa Burman Roy
March 23, 2020
IndusInd Bank declined 70.94% in the last one-month on Sensex, followed by over 50% decline in Axis Bank, Bajaj Finance and around 44-42% fall in ICICI Bank, Mahindra & Mahindra, SBI, Larsen & Toubro and Tata Steel.
A Different Track for Jindal
BusinessToday.In
New Delhi, March 17, 2020
A regular at all major polo tournaments in Delhi and Jaipur, Naveen Jindal is also the owner and captain of one of India's top polo teams, Jindal Panther
Black Friday at Dalal Street; YES Bank, SBI among top losers on BSE
Rupa Burman Roy
March 6, 2020
Kotak Mahindra Bank, HDFC Bank, Bank of Baroda, Axis Bank, ICICI Bank and IDFC First Bank were among the major losers from Nifty Bank
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