In an aggressive bidding, JSW Steel emerged the preferred bidder for Gonua iron ore block with an offer to pay a premium of 132 per cent.
The production of flat rolled products declined by one per cent to 9.34 lakh tonnes in July from 9.4 lakh tonnes in the same month of last year.
The company reported total consolidated income of Rs 29,100 crore in first quarter of 2021-22, showing a 144% jump year-on-year, largely due to higher steel prices.
During the first quarter of the ongoing fiscal, the company said it has supplied over 65,000 tonnes of liquid medical oxygen (LMO) to various hospitals across the country.
Yatnal was among the ruling party MLAs who criticised the state government decision to give 3,666 acres of land to JSW at a throwaway price recently. The approval was later withdrawn.
The petitioner has questioned the state government’s decision to sell 3,677 acres of land to JSW in Ballari at a “meagre price” of Rs 1.22 lakh per acre.
The B S Yediyurappa Cabinet on Thursday decided to withdraw its approval for a lease-cum-sale of land deal with JSW Steel Ltd.
JSW Steel is supplying Liquid Medical Oxygen from its three manufacturing facilities in Karnataka, Maharashtra and Tamil Nadu to various States across India, it said.
Kumaraswamy accused the BJP leaders of opposing his government’s decision for the sake of opposition.
4-km pipeline being laid for oxygenated beds; State govt to staff the facility with doctors, nurses, technicians
The PSL funds included a total infusion of Rs 5,087 crore by the company in the form of equity and optionally convertible instruments, the company said.
The decline was attributed to flat crude steel production and higher prices of inputs like iron ore, fluxes and power.