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Tata Steel, JSW Steel, others clock gains as coking coal prices rise sharply

Coking coal is a key raw material that is used in the manufacture of steel and any movement in its prices impacts the price of steel.

Jindal Steel MD Bimlendra Jha resigns, citing personal reasons

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JSPL MD Bimlendra Jha resigns

Sabyasachi Bandyopadhyay, Wholetime Director, will be assuming the responsibilities of Managing Director, for the time-being, the company said. "Bimlendra Jha, Managing Director, has resigned citing personal reasons, with effect from January 31, 2024. The company appreciates his valuable contributions during his tenure with the company as MD," it said. Jha will continue to be associated with the company in the capacity of advisor, JSPL added.