Jindal Steel
Jindal Steel targets 21 mt capacity by 2032, new MD seeks leadership stability
Managing director V.R. Sharma says the steelmaker will prioritize value-added specialized grades, internal leadership talent, and a measured 20–21 mt expansion rather than chasing volume at any cost.
4 min read14 Aug 2026Jindal Steel acknowledges leadership churn, banks on new hires for stability
Jindal Steel Ltd’s new managing director, Vidya Rattan Sharma, shifts the focus to the company's ‘upper middle management force’.
4 min read27 Jul 2026Jindal Steel brings back former MD Sharma after CEO churn, revamps top leadership
Besides Sharma's reappointment as MD, Jindal Steel announced appointments to the offices of chief financial officer, chief operating officer, and head of human resources, marking one of its biggest management overhauls in years
3 min read24 Jul 2026Jindal Steel’s leadership churn continues as CEO quits within a year
Rajiv Kumar, the CEO of Vedanta Aluminium Metal, is slated to succeed outgoing CEO Gautam Malhotra. Former Hindustan Zinc CFO Sandeep Modi is likely to join as the new CFO.
5 min read13 Jul 2026Jindal Steel FY26 profit up 20%, but costs weigh on margins
Jindal Steel reported record production in FY26, with net profit rising 20% and revenue up 8% on higher volumes and firm steel prices.
2 min read1 May 2026Jindal Steel doubles Angul plant capacity to 12 MTPA
With this expansion, Angul has become one of the largest single-location steel plants in India, taking Jindal Steel's overall capacity to 15.6 million tonnes per annum (MTPA).
1 min read24 Mar 2026Jindal Steel's Thyssenkrupp buy talks in gridlock, a new suitor stirs the pot
Jindal Steel International is seeking clarity on pension liabilities, retrenchment costs and German government support for a cleaner steel transition, while Thyssenkrupp wants details on the bidder’s post-acquisition investment and financing plans.
4 min read14 Mar 2026Jindal Steel Q3 net profit falls almost 80% on higher costs; revenue up 11%
The steelmaker's net profit dropped to ₹190 crore from to ₹951 crore in same quarter last year. Net debt increased to ₹15,443 crore as of 31 December from ₹14,156 crore at the end of September.
2 min read30 Jan 2026Jindal Steel’s capacity push is in place. Volume growth needs to follow now
Jindal Steel is betting big on its new facilities. If volumes ramp up as planned and costs reset as expected, the steel major's earnings profile could transform by FY28.
2 min read26 Dec 2025Rival netas, one dance floor: Kangana Ranaut, Mahua Moitra groove to SRK song at Naveen Jindal's daughter's wedding
The wedding of industrialist's daughter Naveen Jindal and Shashwat Somani was a grand affair as the celebrations featured several dance performances with industrialists to politicians grooving to Bollywood hits. Rival politicians grooved to SRK' song from Om Shanti Om.
1 min read7 Dec 2025Wait for it…
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