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Jindal Steel bags another iron ore mine in Odisha
The steelmaker won a state government auction for the Rengalaberha North-East Extension and Nuagan West iron ore block on Wednesday by offering a 111.15% premium over the base price, they said.
Jindal Steel declared preferred bidder for Thakurani-A1 Iron Ore Block in Odisha
Jindal Steel has been declared the preferred bidder by the Government of Odisha for the Thakurani-A1 Iron Ore Block, with an area of 202 Ha in Keonjhar, Odisha, after the conclusion of the online auction, committing to pay a 101.20 per cent Premium to the Government.
Jindal Steel wins Odisha iron ore block with 101% premium bid
Jindal Steel Ltd. is the preferred bidder for the Thakurani-A1 iron ore block in Odisha, committing to a 101.20% premium. The block spans 202 hectares with 50 million tonnes.
Jindal Steel wins Thakurani A1 iron ore block in Odisha
The steelmaker won the block by committing a premium of 101.20% to the government. Bidding for the mine, conducted online on Tuesday, started at a premium of 101.05%.
Jindal Steel wins Thakurani A1 iron ore block in Odisha
Jindal Steel has emerged as the preferred bidder for the Thakurani A1 iron ore block in Odisha. This acquisition will bolster the company's iron ore supply as it expands its Angul plant capacity. The mine holds over 50 million tonnes of iron ore. Jindal Steel committed a premium of 101.20% to secure the block.
Adani Group-CIDCO JV premium airport partner for upcoming Airport 360 Expo
Navi Mumbai International Airport, a joint venture between Adani Group and CIDCO, has been named the premium airport partner for the Airport 360 Expo 2026 in Mumbai. This significant aviation event, scheduled for April 23-24, will convene industry leaders to explore advancements in terminal development, operations, and passenger experience, underscoring India's growing aviation infrastructure.
Metal stocks led by Tata Steel fall up to 8% as war premium fades; Aluminium outperforms
The US dollar firmed on safe-haven demand, adding pressure across the metals complex. At the same time, high crude prices raised concerns about rising inflation.