On March 19, 2014 12:05 (IST)
Jindal Steel, headed by billionaire lawmaker Naveen Jindal, got access to 650 million tonnes of coking coal resources in October after buying a majority stake in Gujarat NRE Coking Coal, the Australian unit of Gujarat NRE Coke.
On November 30, 2013 20:01 (IST)
To attract more dollar inflows, the Reserve Bank of India (RBI) has extended the deregulated interest rate scheme for non-resident-external (NRE) deposits till January 31 next year from the earlier November 30.
On November 23, 2013 19:18 (IST)
Public sector Indian Overseas Bank has revised its interest rates upwards to 9.50 per cent under NRE Term deposits of 3 years and above with immediate effect.
On October 17, 2013 14:03 (IST)
The deal, announced last month, was cleared yesterday by the shareholders of Gujarat NRE Coking Coal Ltd - the Australian subsidiary of Kolkata-based Gujarat NRE Coke-- in a general body meeting held in New South Wales.
On September 06, 2013 15:59 (IST)
Union Bank has also revised its NRE (non-resident - external) term deposit rates by up to 0.75 per cent in the three- to five-year maturity.
On March 31, 2013 19:47 (IST)
Jindal Steel and Power's (JSPL's) bid to acquire a majority stake in Gujarat NRE Coke's Australian subsidiary has not been successful, with the company managing to acquire only 31.49 per cent stake at the end of its open offer.
On February 27, 2013 13:00 (IST)
Jindal Steel and Power Ltd (JSPL) will increase stake in Australia's Apollo Minerals to 11.70 per cent by acquiring additional 10 million shares of the firm for about about Rs 2.20 crore. Prior to this, JSPL had 9.25 per cent in the Australian compan...
On February 17, 2013 12:20 (IST)
The board of Gujarat NRE Coking Coal has advised company shareholders to reject Jindal Steel and Power's all-cash Rs 1,200 crore takeover bid, saying the offer does not adequately reflect future prospects.
On February 15, 2013 23:54 (IST)
Jindal Steel and Power (JSPL) is looking at acquiring one coking coal and iron mine each within next three months, a top company official said today.
On October 21, 2012 12:44 (IST)
Kochi-based Federal Bank has said that the deposit rates, especially for Non-Resident (External) Accounts (NRE), will decline further going forward.