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Published on 18:06 GMT

JSW Steel may seek legal recourse against SC’s rejection of Bhushan Power & Steel acquisition

Apex court held that JSW should have completed the takeover only via equity instead of a mix of equity and optionally convertible debentures Sajjan Jindal–controlled JSW Steel, is likely to go for an appeal against the Supreme Court order after the latter …

Source: The Hindu Business Line - Neutral
Published on 08:47 GMT

Govt is finalising response to SC's decision on JSW Steel-Bhushan deal

The Indian government has discussed with banks a court order that scrapped JSW Steel's plan to acquire Bhushan Power and Steel, and is finalising a response, the secretary of the Department of Financial Services (DFS) under India's Finance Ministry …

Source: ETInfra.com - Pending
Published on 04:34 GMT

SC verdict on Bhushan Power and Steel resolution may burn a Rs 22k-cr hole in JSW pocket

NEW DELHI: The Supreme Court’s decision to revoke the resolution plan of Bhushan Power and Steel Ltd (BPSL) could burn a ₹22,000 crore hole in the consolidated turnover of JSW Steel. BPSL, which was acquired by the Sajjan Jindal-promoted JSW Steel in 2021, …

Source: The New Indian Express - Neutral
Published on 03:59 GMT

Watch out for these stocks: Adani Green Energy, AU SFB, Swiggy, Airtel, JSW Steel, IRCON International, Tech Mahindra, ...

Adani Green Energy arm Adani Green Energy Sixty Nine, has inked a pact to supply 400 MW of solar power to Uttar Pradesh Power Corporation Ltd (UPPCL) from its project in Rajasthan. The PPA (power purchase agreement) was executed on Saturday, according to a …

Source: The Hindu Business Line - Neutral
Published on 00:40 GMT

Why did Supreme Court reject JSW Steel takeover bid and order liquidation?

The Supreme Court on Friday rejected steel major JSW Steel Ltd’s Rs 19,350 crore bid to acquire Bhushan Power and Steel Ltd (BPSL) through the Corporate Insolvency Resolution Process (CIRP) route, and ordered the liquidation of the company. While ordering …

Source: The Indian Express - Center-left
Published on 00:39 GMT

Seven reasons why SC threw JSW out of Bhushan Power and Steel

Sajjan Jindal CMD, JSW Steel, MK Khandelwal, RP, Sanjay Singal, former promoter, Bhushan Power and Steel The Supreme Court has scrapped the Bhushan Power and Steel resolution plan which was approved six years ago. The judgment has sent shockwaves across …

Source: ETPrime - Pending
Published on May 4, 2025

SC verdict on Bhushan Steel resolution delivers a big blow to JSW Steel, lenders

The decision will potentially shave off 10–15 per cent of JSW Steel’s production capacity and about 10 per cent of its consolidated EBITDA even as the company has an option to file a review petition. | Photo Credit: B MATHUR The Supreme Court judgment …

Source: The Hindu Business Line - Neutral
Published on May 2, 2025

Jindal Steel & Power Limited recommends final dividend of Rs. 2

The Board of Directors of Jindal Steel & Power Limited has considered and recommended Final Dividend for the financial year 2024-25 @ 200%, i.e., Rs. 2/- per equity share of face value of Re. 1/- each, out of the profits of the Company for the …

Source: Equity Bulls - Neutral
Published on May 3, 2025

JSW Steel may face challenges in meeting expansion target after SC order on BPSL: Analysts

Sajjan Jindal-led JSW Steel may face challenges in meeting its expansion target and maintaining revenue guidance after the Supreme Court judgement that rejected its resolution plan for Bhushan Steel and Power Ltd (BPSL), say analysts. | Photo Credit: …

Source: The Hindu - Center-left
Published on May 3, 2025

Supreme Court Rejects JSW Steel’s Resolution Plan, Orders Liquidation of Bhushan Power and Steel

The Supreme Court of India has rejected JSW Steel’s much-publicized resolution plan for Bhushan Power and Steel Limited (BPSL), ordering the liquidation of the debt-ridden company. This verdict, delivered by a bench comprising Justice Bela M Trivedi and …

Source: Techstory - Neutral
Published on May 1, 2025

Jindal Steel posts surprise loss on weak steel prices, impairment charges

Representative image | Photo Credit: ozgurdonmaz Jindal Steel and Power reported a surprise loss in the fourth quarter on Wednesday, due to one-off impairment charges related to its Australia and Madagascar assets, and weak steel prices. The company …

Source: The Hindu Business Line - Neutral
Published on May 3, 2025

Jindal SAW posts quarterly profit drop on lower demand

Jindal SAW, which makes steel pipes for the energy, transportation and water sectors, reported a smaller fourth-quarter profit on Friday as demand dropped due to a slowdown in construction activity. The company's consolidated net profit after tax …

Source: ETEnergyworld.com - Indeterminate
Published on May 3, 2025

JSW Steel may face 10-15% production hit, ₹4,500-crore Ebitda dent as Bhushan Power liquidation looms

Following the Supreme Court's directive on Friday, the shares tumbled to end 5.5% lower at ₹972.15 on the BSE, with the company having a market cap of ₹2,37,734 crore.JSW Steel is likely to take a hit of 10-15% on production and around 10% on earnings …

Source: ETManufacturing.in - Pending
Published on May 2, 2025

JSW Steel: Human rights complaint filed against ANZ, Japanese banks over alleged ties to Dhinkia abuses

Today, on May 2, Anti-Jindal & Anti-POSCO Movement (JPPSS), filed a human rights complaint against the Australian bank ANZ and Japanese banks Sumitomo Mitsui Banking Corporation (SMBC), Mizhuo and Mitsubishi UFJ Financial Group (MUFG). The complaint …

Source: Down to Earth - Center-left
Published on May 2, 2025

Latest News | JSW Steel Says Rs 702-cr Demand for Alleged Violations Set Aside by Revisionary Authority

New Delhi, May 2 (PTI) Sajjan-Jindal JSW Steel on Friday said the Rs 702-crore demand raised by the deputy director of mines for alleged drop in grade of production and violation of the mining plan in Odisha has been set aside by the revisionary authority. …

Source: Latestly - Indeterminate
Published on May 2, 2025

Jindal SAW Q4 Profit Drops Sharply, Net Earnings Fall 82% To ₹87 crore

New Delhi: Jindal Saw on Friday reported an 81.9 per cent decline in consolidated profit after tax (PAT) at Rs 86.9 crore for the March quarter. The company had posted consolidated PAT of Rs 480.4 crore in the year-ago period. The consolidated total income …

Source: Free Press Journal - Neutral
Published on May 2, 2025

SC rejects JSW Steel’s Rs 19,000 crore bid, orders Bhushan Steel’s liquidation

THE SUPREME COURT Friday rejected steel major JSW Steel Ltd’s Rs 19,000 crore bid to acquire Bhushan Power and Steel Ltd (BPSL) through the Corporate Insolvency Resolution Process (CIRP) route, and ordered the liquidation of the company.JSW acquired BPSL …

Source: The Indian Express - Center-left
Published on May 2, 2025

JSW Steel shares sink 6.5% after Supreme Court nullifies Bhushan Power acquisition

Shares of JSW Steel tumbled as much as 6.5% on Friday to Rs 961.90 on the BSE after India’s Supreme Court scrapped the steelmaker's Rs 19,700 crore acquisition of Bhushan Power & Steel, calling the 2021 deal “illegal” and ordering the liquidation …

Source: The Economic Times - Pending
Published on May 2, 2025

Q4 Results 2025 Live: IOB Q4 profit up, Godrej Properties Q4 profit at ₹378.44 cr, Marico, CUB, Jindal Saw, Aether to ...

Q4 Results Today Live Updates May 2, 2025: Get the latest Q4 2025 earnings updates for Marico, Indian Overseas Bank, City Union Bank, Jindal Saw, Aether Industries, Newgen Software Technologies, Gravita India, R R Kabel, AMI Organics, V-Mart Retail, Nitco, …

Source: The Hindu Business Line - Neutral

07 days 08:02:49

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Published on May 5, 2025 - 17:10 GMT

Is Bitcoin Mining Still Profitable In 2025? Hartcoin Cloud Mining Platform Launches A Bitcoin Mining Contract, Paying ...

London, UK, May 05, 2025 (GLOBE NEWSWIRE) -- The cryptocurrency sector is advancing quickly, and free cloud mining is playing a key role in driving this transformation. With the integration of artificial intelligence and cutting-edge technologies, cloud …

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Published on May 5, 2025 - 18:53 GMT

McEwen Mining Q1 2025 Results Conference Call

TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q1 2025 financial results, on Thursday, May 8th, 2025, at 11:00 AM EDT, where management will discuss …

Distribution channels: Culture, Society & Lifestyle, Mining Industry ...

Published on May 5, 2025 - 17:00 GMT

Cloud Mining Gets Cleaner & Easier with DRML Expansion

Raleigh, NC, May 05, 2025 (GLOBE NEWSWIRE) -- DRML Miner, a cloud mining platform based in the UK, has announced an expansion of its services, focusing on enhanced efficiency and accessibility for its users. DRML emphasises its commitment to utilising …

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Published on May 5, 2025 - 16:00 GMT

Blockchain Cloud Mining launches secure and stable income contracts in the cryptocurrency mining market

Los Angeles, CA, May 05, 2025 (GLOBE NEWSWIRE) -- Blockchain Cloud Mining is the leading provider of cryptocurrency cloud mining in the world. With the rapid rise of the cryptocurrency market, Blockchain Cloud Mining has eliminated the barriers of …

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Published on May 5, 2025 - 19:15 GMT

FioBit — The Most Profitable Cloud Mining Platform in 2025: Use FioBit’s AI Mining Rigs to Easily Earn Passive ...

Sydney, Australia, May 05, 2025 (GLOBE NEWSWIRE) -- In Q1 2025, CoinMarketCap’s “Cryptocurrency Market Index” reported an 18% year-on-year decline in trading volume across major digital assets like Bitcoin, Ethereum, and others. The Fear & Greed Index …

Distribution channels: Environment, Technology ...
Published on May 5, 2025 - 13:45 GMT

PBK Miner Empowers Crypto Investors with Passive Income Through Eco-Friendly Cloud Mining

London, UK, May 05, 2025 (GLOBE NEWSWIRE) -- As crypto investors seek smarter, risk-adjusted strategies to balance their portfolios, PBK Miner is emerging as a leading solution for earning passive income through cloud mining. Founded in 2019 and …

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Published on May 5, 2025 - 13:00 GMT

DN Miner Empowers Crypto Investors with Risk-Offsetting Cloud Mining Strategies Amid Market Momentum

London, UK , May 05, 2025 (GLOBE NEWSWIRE) -- As Bitcoin continues its bullish momentum in 2025, digital asset investors are turning to DN Miner not just for daily returns — but for risk diversification. DN Miner, a leader in AI-optimized cloud mining, is …

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Published on May 5, 2025 - 12:35 GMT

Callinex Mines to Present at the Metals & Mining Virtual Investor Conference May 6th

VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Callinex Mines Inc. (the “Company” or “Callinex”) (TSXV: CNX, OTCQX: CLLXF) based in Vancouver, British Columbia, focused on the exploration and development of its copper-gold portfolio of …

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Published on May 5, 2025 - 09:21 GMT

Global Safety Leaders Convene in Riyadh for Record-Breaking Occupational Safety and Health Conference

Largest, most international edition to date and one of the leading occupational safety and health conferences RIYADH, SAUDI ARABIA, May 5, 2025 /⁨EINPresswire.com⁩/ -- High-profile international event gathers global leaders in occupational safety …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 5, 2025 - 18:53 GMT

McEwen Mining Q1 2025 Results Conference Call

TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q1 2025 financial results, on Thursday, May 8th, 2025, at 11:00 AM EDT, where management will discuss …

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Published on May 5, 2025 - 14:24 GMT

Shukhrat Ibragimov outlines growth path for ERG Service

ASTANA, Kazakhstan, May 05, 2025 (GLOBE NEWSWIRE) -- Shukhrat Ibragimov, CEO of Eurasian Resources Group (ERG), the global metals and mining company, emphasised the significant growth potential and strategic importance of subsidiary ERG Service during a …

Distribution channels: Mining Industry ...
Published on May 5, 2025 - 13:11 GMT

High Grade Gold Anomaly Extended at John Bull in Preparation for Drilling

HIGHLIGHTS Detailed mapping, soil sampling and rock chip sampling recently completed by Novo at the John Bull Gold Project follows previously reported outstanding results by TechGen Metals Limited (TechGen) (ASX: TG1)1. Novo soil sampling extended the …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on May 5, 2025 - 13:00 GMT

Foremost Clean Energy Announces Warrant Incentive Program

VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”) is pleased to announce the initiation of a warrant incentive program (the “Incentive Program”) intended to …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 5, 2025 - 12:53 GMT

TMC CEO Testifies Before Congress: Deep-Sea Minerals Key to U.S. Industrial Future

CEO and Chairman Gerard Barron testified before the House Committee on Natural Resources on “Exploring the Potential of Deep-Sea Mining to Expand American Mineral Production” Mr. Barron highlighted the abundant, unattached polymetallic nodule resource as a …

Distribution channels: Mining Industry, Politics ...
Published on May 5, 2025 - 12:30 GMT

CSW Industrials Renews, Extends Revolving Credit Facility and Upsizes to $700 Million

DALLAS, May 05, 2025 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI) today announced the renewal and extension of its existing Revolving Credit Facility, including an increase of the Facility’s commitment from $500 million to $700 million in …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on May 5, 2025 - 12:30 GMT

Latin Metals Announces Private Placement for Gross Proceeds up to $1.0 Million

Not for distribution to United States newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- …

Distribution channels: Mining Industry ...
Published on May 5, 2025 - 12:01 GMT

Early Warning News Release Regarding the Securities of Euromax Resources Ltd.

NICOSIA, Cyprus, May 05, 2025 (GLOBE NEWSWIRE) -- VVV Commodities and Resources Ltd (the "Acquiror"), acquired 113,987,645 common shares (the “Common Shares”, and each, a “Common Share”) in the capital of Euromax Resources Ltd. (the "Issuer…

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on May 5, 2025 - 12:00 GMT

Enphase Energy to Hold 2025 Annual Meeting of Stockholders on May 14, 2025

FREMONT, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that it will be holding its …

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Published on May 5, 2025 - 12:00 GMT

Greenridge Exploration Announces 2025 Exploration Plans for the Blackbird Project in Northern Saskatchewan

VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce its exploration plans for a helicopter-borne time domain electromagnetic …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on May 5, 2025 - 11:30 GMT

Revival Gold Files NI 43-101 Preliminary Economic Assessment for the Mercur Gold Project

TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) has filed on SEDAR+ a technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral …

Distribution channels: Companies, Mining Industry ...
Published on May 5, 2025 - 11:30 GMT

American Tungsten Corp. Announces Changes to Board of Directors

Vancouver, BC, May 05, 2025 (GLOBE NEWSWIRE) -- American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “Company”) announces today the appointment of Dan Nicholas to the Board of Directors of the Company (the “Board”), and …

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Published on May 5, 2025 - 11:08 GMT

Goliath Resources Engages JDS Energy & Mining Inc. To Forge Plans To Drive An Exploration Adit At Its Surebet Discovery, ...

Drill-out of all high-grade Surebet lodes will be more easily and cheaply facilitated from underground vantages. Underground access to the Bonanza Zone will enable geological confirmation of this important high-grade lode and potentially enable bulk …

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Published on May 5, 2025 - 11:00 GMT

Apollo Silver Appoints Ross McElroy as President and CEO

VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce the appointment of Mr. Ross McElroy as President and CEO, effective immediately, …

Distribution channels: Companies, Mining Industry ...
Published on May 5, 2025 - 11:00 GMT

Osisko Metals Intersects 323 Metres Averaging 0.43% Cu at Gaspé Project

MONTREAL, May 05, 2025 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the “Company or "Osisko Metals") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce new drilling results from the 2025 drilling program at the Gaspé Copper …

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Published on May 5, 2025 - 11:00 GMT

Métaux Osisko recoupe 323 mètres à une teneur moyenne de 0,43 % cuivre à Mines Gaspé

MONTRÉAL, 05 mai 2025 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (la « Société » ou « Métaux Osisko ») (TSXV : OM; OTCQX : OMZNF; FRANKFURT : 0B51) a le plaisir d’annoncer de nouveaux résultats de forage issus du programme de forage 2025 sur le projet …

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Published on May 5, 2025 - 11:00 GMT

Grassy Mountain Gold Project Selected for US Government FAST-41 Program

WINNEMUCCA, Nev., May 05, 2025 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that the high-grade Grassy Mountain gold project in Malheur County, Oregon, has been selected for inclusion …

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Published on May 5, 2025 - 11:00 GMT

Asante Projects Transformative Growth in Updated Five-Year Outlook: 500,000+ oz Annual Gold Production by 2028, >$2 ...

CEO Dave Anthony and CFO David Wiens to host live, interactive webinar at 8:00am Pacific Time / 11:00am Eastern time / 3:00pm Ghana time on Thursday, May 8. Investors are invited to register at the following link: https://6ix.com/event…

Distribution channels: Culture, Society & Lifestyle, Mining Industry ...
Published on May 5, 2025 - 11:00 GMT

Update to Zijin Put Option and Exclusivity Arrangements

TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) refers to its announcement dated 7 April 2025 in relation to the Extension of the Zijin Put Option and Exclusivity Arrangements1 with its major …

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