Ravi Uppal News

Companies

Ravi Uppal to step down as MD, group CEO of JSPL

Uppal will finish his five year term on 30 September this year

1 min read21 Sep 2017
Companies

Jindal Steel to return to profit by end of FY18: CEO Ravi Uppal

CEO Ravi Uppal's comment came after Jindal Steel and Power posted loss for a 10th straight quarter, even as Q4 loss narrowed to Rs100 crore from Rs686 crore a year earlier

3 min read24 May 2017
Companies

Jindal Steel and Power declares force majeure on Australian mine

Jindal Steel and Power suspended operations at its coking coal mine in Australia due to heavy rains caused by cyclone Debbie, forcing it to declare force majeure

1 min read6 Apr 2017
Companies

JSPL reopens Mozambique mines to tap rising coking coal price

JSPL, which is in the process of selling some power assets to cut debt, expects the rise in coking coal prices to help improve the performance of its mining operations

3 min read11 Oct 2016
Companies

Jindal Steel says it defaulted on debenture interest payments

Jindal Steel , controlled by former lawmaker Naveen Jindal, listed 11 groups of securities on which it failed to make the interest payment

1 min read5 Oct 2016
Industry

Jindal Steel revives output at 100-year-old Australian coal mine

Jindal Steel plans to resume operations this month at its Chirodzi coal mine in Mozambique and produce 300,000 tonnes a month

2 min read14 Sep 2016
Industry

Make in India campaign fuels expanded bet on money-losing steel

Under Make in India, steel capacity target is set at 300 mn tonnes by 2025, and to attain that, companies saddled with `3.1 tn debt would have to invest another `12 tn

4 min read20 May 2016
Companies

JSPL to sell some steel assets, enter renewables sector

CEO Ravi Uppal says JSPL working to completely divest 'certain assets within its steel and mining business' to improve its liquidity and reduce debt

2 min read6 May 2016
Companies

JSPL to divest certain steel assets, enter renewables sector: CEO

Power will remain one of the key businesses for JSPL, says Ravi Uppal

2 min read5 May 2016
Companies

Jindal Steel to form JVs in steel, sell power assets in India: CEO

There have been delays in interest payment because of stress in the earnings from steel, says CEO Ravi Uppal

4 min read11 Mar 2016
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