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Jindal Steel and Power: Investors force Jindals to revise terms of JPL selloff plan


Investors force Jindals to revise terms of JPL selloff plan
While recommending shareholders to reject the proposal, Ingovern said the enterprise value of JPL should be in the range of Rs 10,000-12,000 crore, considering similar deals in the recent past.
Synopsis
Jindal Power, one of the biggest subsidiaries of JSPL, operates across the energy spectrum – thermal, hydro, renewable. It has an installed capacity of 3400 MW, comprising four units of 250 MW and four units of 600 MW capacity.
MUMBAI: Facing pushback from his shareholders, Naveen Jindal, chairman of Jindal Steel and Power, is considering simplifying the proposed plan to sell the firm’s power business to himself, people in the know said. ....

Naveen Jindal , Jindal Steel , Jindal Steel And Power , Ingovern Research Services , Amit Tandon , நவீன் ஜிண்டால் , ஜிண்டால் எஃகு , ஜிண்டால் எஃகு மற்றும் பவர் , அமித் டான்டன் ,

JSPL selling subsidiary to promoter family at one-fourth of price: Ingovern


JSPL selling subsidiary to promoter family at one-fourth of price: Ingovern
Mumbai |
Updated on
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Enterprise value of JPL is in the range of ₹10,000-12,000 crore but the promoters want to take control of 96.42% of the company for just ₹3,015 crore
PALAK SHAH
Are the promoters of Jindal Steel and Power (JSPL) attempting to take private control of one of the subsidiaries of the company at one-fourth of its actual price and cause loss to the shareholders?
JSPL has a fully owned subsidiary called Jindal Power (JPL). The JSPL has now sought shareholders nod for the divestment of JPL in favour of Worldone Pvt Ltd, a company owned by the Jindal family. ....

Worldone Pvt Ltd , Jindal Steel , Jindal Power , Adani Power , Letter Agreements , Jindal Steel And Power , ஜிண்டால் எஃகு , ஜிண்டால் பவர் , அதானி பவர் , ஜிண்டால் எஃகு மற்றும் பவர் ,

Detailed text transcripts for TV channel - MSNBC - 20210523:04:23:00

Probably perhaps should say something. yeah. and begin to prepare the american people for a discussion of this magnitude. rina, i think we have the connection cleaned up. i want to take the flip side of this. the flip side as i think about it is at least this has the benefit of getting people talking about space exploration and about science. you can t always choose what it is that fires people s imagination. you know, generations ago it was star trek that fired people s imagination about space exploration, created inroads for nichelle nichols to increase the number of people in nasa and in jpl and cal tech and in aerospace. so maybe there s a back end to this, regardless of whether we find anything, that could really be good for us in general. and i would be remiss if i didn t say how excited i was to learn the other day that i m distantly related to the late astronaut, the first south asian woman to go into space. my mother growing up in india was absolutely obsessed with h ....

Rina Shah Is Principle , Space Exploration , Flip Side , Star Trek , Cal Tech , Nichelle Nichols , Created Inroads , Back End , South Asian ,

Detailed text transcripts for TV channel - MSNBC - 20210523:01:24:00

Imagination. you know, generations ago it was star trek that fired people s imagination about space exploration, created inroads for nichols to increase the number of people in nasa and in jpl and cal tech and in aerospace. so maybe there s a back end to this, regardless of whether we find anything, that could really be good for us in general. and i would be remiss if i didn t say how excited i was to learn the other day that i m distantly related to the late astronaut nichella, the first south asian woman to go into space. my mother growing up in india was absolutely obsessed with her, and i was too just learning about her life. i think it is important we have the curiosity about what is out there. but the reality is a ufo is just that, an unidentified flying object. it doesn t give us proof of extra terrestrial or aliens. that s the part that gets people in a panic, right? is are there other intelligent ....

Space Exploration , Star Trek , Created Inroads , Back End , Cal Tech , Astronaut Nichella , South Asian , It Doesn T , Unidentified Flying Object ,