Jindal Steel And Power Ltd (JNSP.NS)
16 Mar 2018
NEW DELHI India's federal police have arrested a senior official of state-run Punjab National Bank (PNB) , the agency said on Wednesday, as an inquiry into a $1.8-billion fraud at the bank expands a week after it unveiled the size of the alleged scam.
NEW DELHI Indian manufacturers of graphite electrodes used in electric arc furnaces are booming on the back of China's pollution crackdown, but soaring prices have set the companies on a collision course with government and steelmakers.
India's Jindal Steel and Power Ltd reported a smaller-than-expected quarterly loss, helped by higher revenue from the iron and steel business.
Oct 9 India's Jindal Steel and Power Ltd said on Monday it sold two oxygen plant assets to SREI Equipment Finance Ltd for 11.21 billion rupees ($171.70 million).