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JSW Steel eyes to supply 1.5 lakh tonne to metro rail projects in FY20
Posted on 3rd December 2019
Steel major JSW Steel on Tuesday said it expects to raise its supply to metro rail projects to about 1,50,000 metric tonnes in the current financial year.

"In the current financial year, the company expects to increase its supplies to the metro rail projects to about 1,50,000 metric tonnes as compared to its supplies averaging 1,00,000 metric tonnes per year over last few years," the company said in a BSE filing.

The company is supplying to metro rail projects in Mumbai, Pune, Nagpur, Bangalore, Chennai, Kolkata, Indore, Bhopal, Lucknow and Ahmedabad.

"The ongoing supplies as well as those already completed during the current fiscal will boost JSW Steel's supplies to metro rail projects by more than Rs 600 crore following successful completion of these deliveries," it said.

In October and November, the steel major supplied more than 30,000 metric tonnes JSW Neosteel TMT bars towards construction of metro projects in various cities of the country.

The shares of JSW Steel were trading at Rs 261.10 apiece in the morning trade.

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UP: Chased by eve-teasers, US scholar girl dies in Bulandshahr road accident
Posted on 11th August 2020
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Kerala plane crash: Air India praises Malappuram residents for saving lives
Posted on 10th August 2020
Air India Express has expressed its gratitude to people of Mallapuram, Kerala for help in a lane crash in which 18 people died Friday night.

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Vodafone-Idea's fate hinges on the Supreme Court's AGR verdict today
Posted on 10th August 2020
For Vodafone Idea Ltd (VIL), the future course is closely pegged to today’s Supreme court decision on the issue of tenure of payment of adjusted gross revenue (AGR) dues.

In the last hearing, held in July, the court had ended some confusion by clearly telling VIL and other operators that there would be no reassessment of the AGR dues calculated by the department of telecommunications (DoT). Operators had earlier claimed, based on their self-assessment, that the payable amount should be far less.

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