
Tuesday, August 24, 1999
L&T in talks with Jindals to set up slag unit
Larsen and Toubro, the country's largest cement maker, is negotiating with Jindal Vijaynagar Steel to put up a one million tonne grinding unit at the integrated steel complex in Karnataka.
Jindals to pick up major stake in power project
Jindal Vijaynagar Steel has decided to pick up 51 per cent stake in the Rs 1,180-crore captive power project following the exit of Tractebel, its Belgian partner.
IFCI turns down fresh Rs 74 cr loan disbursal to Jindal Vijaynagar Steel
The Industrial Finance Corporation of India (IFCI) has reportedly refused to disburse money to Jindal Vijaynagar Steel (JVSL) in view of the institution's rising non-performing assets.
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