Diabytes
JSW Steel News
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In early trade, Nifty Metal had gained 0.85 per cent to reach 8,972.60 but later slipped into negative territory. JSW Steel Limited and Tata Steel Limited were the biggest drags on the Nifty Metal index as of noon.
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The group is also into energy, infrastructure, cement, paints, sports, and venture capital.
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The jointly controlled entities include Bhushan Power & Steel Ltd (BPSL) and JSW Ispat Special Products Ltd (JISPL).
The production at 5.68 MT was 3 per cent down compared to 5.88 MT in April-June period of ongoing fiscal year.
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Villagers claimed at least 40 protestors, including children and elderly people, were injured as the Odisha police baton-charged them, while an official said the personnel of the force were also attacked leading to injury to five of them.
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BJP, led by its chief BS Yeddyurappa, intensified its two-day sit-in over issues, including sale of land in Ballari to JSW Steel at a "throw away" price, drought and farm loan waiver.
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State BJP chief B S Yeddyurappa along with a host of senior party leaders including former deputy chief minister R Ashoka, among others, spend the night at Anand Rao circle.
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Tata Steel, JSW Steel, and Vedanta are other players that have shown interest in Bhushan Steel.
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Goa Chief Minister Manohar Parrikar on Wednesday accused the Congress of proximity to the Adani Group and JSW Steel, both of whom operate coal handling berths at the state`s only major port in Vasco.
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ArcelorMittal, the world`s largest steel producer, said on Wednesday it has agreed to make concessions to Steel Authority of India on technology transfer to seal a delayed $897 million automotive joint venture.
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Debt-laden Essar Steel on Tuesday said its promoters have assured the Joint Lenders Forum (JLF) that they will infuse additional funds in the firm to support its operations and "improve capital structure".
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CBI on Monday registered a Preliminary Enquiry (PE) against unknown officials of JSW Steel Private Limited and Ministry of Environment and Forests over alleged diversion of forest land for a mining project in Jharkand.
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