19-April-2024
Corporate News
 
JSW Steel to go ahead with Rs 50,000 crore capex plan
17-Sep-2019

Although steel prices have come off by a good 20-22% over the last one year and demand remains somewhat subdued, JSW Steel doesn’t plan to slow down. MV Seshagiri Rao, joint managing director and group CFO, says his firm will not recalibrate capex plans of close to Rs 49,000 crore by FY21.

News Source:- https://www.financialexpress.com/industry/not-slowing-down-jsw-steel-to-plough-ahead-with-rs-50000-crore-capex-plan/1708037/
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org