Jindal steel owner

• Also read in: • FinCEN Files — Revealed: how Jindal Steel sent funds abroad, and got them in same period Between November 24, 2014 and January 28, 2015, JSPL sent $1.799 million to Mauritius-based Trans Global Minerals and Metals Corporation (TGMM) and also sent $1.3 million to Germany-based Oceanwide Services GmbH. During the same period, JSPL received $1.323 million from Dubai-based Power Plant EPC Ltd. Three different Suspicious Activity Reports (SARs) filed by Deutsche Bank Trust Company Americas (DBTCA) regarding funds received and sent by Jindal Steel and Power Ltd (JSPL) red-flag a transaction pattern where it sent money to companies based in Mauritius, Germany, and the UK, and received funds from companies based in Dubai and Switzerland within the same set of days, an investigation by The Indian Express has revealed. The SARs show: * Between November 24, 2014 and January 28, 2015, JSPL sent $1.799 million to Mauritius-based Trans Global Minerals and Metals Corporation (TGMM) and also sent $1.3 million to Germany-based Oceanwide Services GmbH. During the same period, JSPL received $1.323 million from Dubai-based Power Plant EPC Ltd. * In a similar set of transactions, between April 27, 2015 and June 1, 2015, while JSPL sent $4.53 million to TGMM and another $321,209 to Singapore-based Western Bulk Pte Ltd, the company received $2.48 million from Dubai-based Power Plant EPC within the same period. * A year later, a similar transaction pattern was seen. Between June...

Abhyuday Jindal occupies the position of Co-Managing Director & Director at Jindal Stainless Ltd. and Non-Executive Vice Chairman & Managing Director at Jindal Stainless (Hisar) Ltd. He is also on the board of Shalimar Paints Ltd. and Vice President for Infrastructure & Logistic Federation of India. He received an undergraduate degree from Boston University. Current positions of Abhyuday Jindal Name Equities % Valuation (Iron & Steel ) 10,646,878 1.29% 36,649,109 USD (Iron & Steel ) 1,158,635 0.11% 8,248,427 USD (Iron & Steel ) 3,503,500 1.10% 6,986,785 USD (Investment Banking & Brokerage Services) 2,726 0.025% 144,267 USD (Iron & Steel ) 5,230 0.10% 136,920 USD (Independent Power Producers) 370 0.0000% 1,176 USD Abhyuday Jindal: Personal Network

IPL New Teams Tender – CVC Partners, Manchester United Owners, Jindal Steel joins the race: The deadline to pick the tenders for new IPL teams ended on Wednesday with some more interesting names joining the fray to buy the new IPL teams. According to available information, former formula 1 owners CVC Partners, Manchester United Owners Glazer family, Jindal Steel have joined the race to buy the teams in auctions scheduled for October 25th. It is worth noting that CVC came in news as they made almost $3 Billion investment in La Liga and bought 10.95% in the Spanish league. CVC has other investments in Premiership Rugby, Six Nations Rugby & Volleyball World. The Glazer family, more famously known as the owners of the world’s most popular football club, Manchester United, has also picked the tender documents. When will be the teams auctioned? As per the last official comminique from BCCI, auctions will be conducted on 25th October in Dubai i.e just 1 day after India vs Pakistan high profile clash. InsideSport.in had reported on Wednesday that BCCI may delay the process for 2-3 days but the final word on the same is yet to be out. Who are the contenders for the new IPL teams? According to the information available with InsideSport almost 17-18 aspirants have bought the tender documents priced at Rs.10 Lacs. As reported eariler, not all those have bought the tenders will be seen at auctions in Dubai. The long list of high-profile aspirants includes – • Sanjeev Goenka – Promoters...

0 Views Jindal Steel & Power Ltd. history, profile and corporate video Jindal Steel & Power Ltd. manufactures steel and operates thermal power plants. The company operates its business under two segments: Iron & Steel and Power. The Iron & Steel segment produces coal – based sponge iron. It’s portfolio that caters to varied needs in the steel market includes rails: flash-butt welded rail panels, parallel flange beams & columns, plates & coils, angles & channels, TMT re-bars, wire rods, fabricated sections: h-type beams, i-type beams, box sections & star columns and its semi-finished products including billets, blooms, beam blanks, rounds and slabs. The Power segment operates thermal and hydro power plants. The company is also engages in Mining sector. Jindal Steel & Power was founded on September 28, 1979 and is headquartered in New Delhi, India. “ “Jindal Steel & Power History In 1969, O. P. Jindal (1930–2005) started Pipe Unit Jindal India Limited at Hisar, India. After Jindal’s death in 2005, much of his assets were transferred to his wife, Savitri Jindal. Jindal Group’s management was then split among his four sons with Naveen Jindal as the Chairman of Jindal Steel and Power Limited. His elder brother, Sajjan Jindal is the head ofJSW Group, part of O.P. Jindal Group.” *Information from Forbes.com and Wikipedia.org **Video published on YouTube by “

“The beginning is the most important part of the work.” The year was 1946. The place: A small village in North India called Nalwa. The occasion: Bhavi Chand Jindal, the second oldest son of Netramji and Chandrawali Devi Jindal, was preparing to go east, following the astute advice given to him by his father. Accompanied by his brother Devi Sahay, the Jindals had their eyes set on Calcutta, and Tinsukhia in Assam, which offered more prospects for advancement compared to the simple rural environment of Nalwa. It was a year before Independence, and the brothers were to commence work as trainees in the wholesale cloth trade as well as in retail textile merchandising. They had family connections there and Bhavi Chand Jindal remembers an added incentive, “Living conditions there were good then,” he says. “For Rs. 30 to 40 per month per head, you could live comfortably.” And so they moved. However, as it turned out, this first journey to the East was only a beginning. the start of the journey... Jindal family embarked into business activity long back in 1952. The first venture of the Group, Jindal India Ltd., was set up in Howrah, for manufacture of Mild Steel, ERW and Black Galvanised steel pipes/tubes. Jindals are the first and foremost manufacturers of steel pipes and tubes in India. They are also the first to set up fully indigenously designed pipe and tube plant in India. After establishing lead and consolidating their position in steel pipes/tubes, they diversified into tea...

Abhyuday Jindal occupies the position of Co-Managing Director & Director at Jindal Stainless Ltd. and Non-Executive Vice Chairman & Managing Director at Jindal Stainless (Hisar) Ltd. He is also on the board of Shalimar Paints Ltd. and Vice President for Infrastructure & Logistic Federation of India. He received an undergraduate degree from Boston University. Current positions of Abhyuday Jindal Name Equities % Valuation (Iron & Steel ) 10,646,878 1.29% 36,649,109 USD (Iron & Steel ) 1,158,635 0.11% 8,248,427 USD (Iron & Steel ) 3,503,500 1.10% 6,986,785 USD (Investment Banking & Brokerage Services) 2,726 0.025% 144,267 USD (Iron & Steel ) 5,230 0.10% 136,920 USD (Independent Power Producers) 370 0.0000% 1,176 USD Abhyuday Jindal: Personal Network

“The beginning is the most important part of the work.” The year was 1946. The place: A small village in North India called Nalwa. The occasion: Bhavi Chand Jindal, the second oldest son of Netramji and Chandrawali Devi Jindal, was preparing to go east, following the astute advice given to him by his father. Accompanied by his brother Devi Sahay, the Jindals had their eyes set on Calcutta, and Tinsukhia in Assam, which offered more prospects for advancement compared to the simple rural environment of Nalwa. It was a year before Independence, and the brothers were to commence work as trainees in the wholesale cloth trade as well as in retail textile merchandising. They had family connections there and Bhavi Chand Jindal remembers an added incentive, “Living conditions there were good then,” he says. “For Rs. 30 to 40 per month per head, you could live comfortably.” And so they moved. However, as it turned out, this first journey to the East was only a beginning. the start of the journey... Jindal family embarked into business activity long back in 1952. The first venture of the Group, Jindal India Ltd., was set up in Howrah, for manufacture of Mild Steel, ERW and Black Galvanised steel pipes/tubes. Jindals are the first and foremost manufacturers of steel pipes and tubes in India. They are also the first to set up fully indigenously designed pipe and tube plant in India. After establishing lead and consolidating their position in steel pipes/tubes, they diversified into tea...

• Also read in: • FinCEN Files — Revealed: how Jindal Steel sent funds abroad, and got them in same period Between November 24, 2014 and January 28, 2015, JSPL sent $1.799 million to Mauritius-based Trans Global Minerals and Metals Corporation (TGMM) and also sent $1.3 million to Germany-based Oceanwide Services GmbH. During the same period, JSPL received $1.323 million from Dubai-based Power Plant EPC Ltd. Three different Suspicious Activity Reports (SARs) filed by Deutsche Bank Trust Company Americas (DBTCA) regarding funds received and sent by Jindal Steel and Power Ltd (JSPL) red-flag a transaction pattern where it sent money to companies based in Mauritius, Germany, and the UK, and received funds from companies based in Dubai and Switzerland within the same set of days, an investigation by The Indian Express has revealed. The SARs show: * Between November 24, 2014 and January 28, 2015, JSPL sent $1.799 million to Mauritius-based Trans Global Minerals and Metals Corporation (TGMM) and also sent $1.3 million to Germany-based Oceanwide Services GmbH. During the same period, JSPL received $1.323 million from Dubai-based Power Plant EPC Ltd. * In a similar set of transactions, between April 27, 2015 and June 1, 2015, while JSPL sent $4.53 million to TGMM and another $321,209 to Singapore-based Western Bulk Pte Ltd, the company received $2.48 million from Dubai-based Power Plant EPC within the same period. * A year later, a similar transaction pattern was seen. Between June...

0 Views Jindal Steel & Power Ltd. history, profile and corporate video Jindal Steel & Power Ltd. manufactures steel and operates thermal power plants. The company operates its business under two segments: Iron & Steel and Power. The Iron & Steel segment produces coal – based sponge iron. It’s portfolio that caters to varied needs in the steel market includes rails: flash-butt welded rail panels, parallel flange beams & columns, plates & coils, angles & channels, TMT re-bars, wire rods, fabricated sections: h-type beams, i-type beams, box sections & star columns and its semi-finished products including billets, blooms, beam blanks, rounds and slabs. The Power segment operates thermal and hydro power plants. The company is also engages in Mining sector. Jindal Steel & Power was founded on September 28, 1979 and is headquartered in New Delhi, India. “ “Jindal Steel & Power History In 1969, O. P. Jindal (1930–2005) started Pipe Unit Jindal India Limited at Hisar, India. After Jindal’s death in 2005, much of his assets were transferred to his wife, Savitri Jindal. Jindal Group’s management was then split among his four sons with Naveen Jindal as the Chairman of Jindal Steel and Power Limited. His elder brother, Sajjan Jindal is the head ofJSW Group, part of O.P. Jindal Group.” *Information from Forbes.com and Wikipedia.org **Video published on YouTube by “

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. For a full comparison of Standard and Premium Digital, Change the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. What happens at the end of my trial? If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 € per month. For cost savings, you can change your plan at any time online in the “Settings & Account” section. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. Compare Standard and Premium Digital Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. When can I cancel? You may change or cancel your subscription or trial at any time online. Simply log into You can still enjoy your subscription until the end of your current billin...