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Jindal Steel, Russian team inspect Anil Ambani's Gujarat shipyard that's up for sale


Jindal Steel, Russian team inspect Anil Ambani’s Gujarat shipyard that’s up for sale
Russia is eyeing the shipyard to buttress its pitch for building six new conventional submarines under Project 75 India, while Jindals see it as a captive client of its own.
Snehesh Alex Philip 4 March, 2021 2:22 pm IST
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New Delhi: Industrialist Navin Jindal’s Jindal Steel and Power Limited and Russian government-owned United Shipbuilding Corporation have carried out an inspection of the Anil Ambani Group’s Reliance Naval and Engineering Limited’s (R-Naval) Gujarat-based Pipavav Shipyard for a potential buy-out, ThePrint has learnt.
According to sources, the Jindals completed inspection of the naval shipyard during the last week of February, while a five-member team of the Russian government concluded its inspection on 2 March. ....

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Steel tycoon Jindal keen to acquire bankrupt Indian shipyard Reliance Naval & Engineering

Steel tycoon Jindal keen to acquire bankrupt Indian shipyard Reliance Naval & Engineering
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

United Arab Emirates , Sudip Bhattacharya , Naveen Jindal , Anil Ambani , Bank Ltd , Reliance Naval Engineering Ltd , Kotak Special Situations Fund , Jindal Steel Power Ltd , Jindal Steel , Power Ltd , Reliance Naval , Image Credit , Engineering Ltd , Vidya Rattan Sharma , State Bank , Hindu Businessline , ஒன்றுபட்டது அரபு அமீரகங்கள் , சூடிப் பட்டாச்சார்யா , நவீன் ஜிண்டால் , அனில் அம்பானி , வங்கி லிமிடெட் , நம்பகத்தன்மை கடற்படை பொறியியல் லிமிடெட் , கோட்டக் சிறப்பு சூழ்நிலைகள் நிதி , ஜிண்டால் எஃகு பவர் லிமிடெட் , ஜிண்டால் எஃகு , பவர் லிமிடெட் ,

Steel Tycoon Naveen Jindal Likely To Bid for Bankrupt Reliance Naval: Report


Steel Tycoon Naveen Jindal Likely To Bid for Bankrupt Reliance Naval: Report
Dubai-based shipping firm GMS and Kotak Special Situations Fund were among the others that registered to bid as of the February 28 deadline, said news reports.
A worker walks at Reliance Naval and Engineering Limited (RNEL) shipyard in Pipavav, Gujarat. Photo: Amit Dave/Reuters
Business03/Mar/2021
New Delhi: Jindal Steel & Power Ltd, India’s third-largest producer of the alloy by market value, and two other groups have expressed interest in bidding for Reliance Naval & Engineering Ltd,
Bloomberg has reported, citing people familiar with the matter.
Dubai-based shipping firm GMS and Kotak Special Situations Fund were among the others that registered to bid as of the February 28 deadline, the report added, quoting the people on condition of anonymity. ....

United Arab Emirates , New Delhi , Naveen Jindal , Nikhil Gandhi , Anil Ambani , Reliance Naval Engineering Ltd , Bank Rs , United Shipbuilding Corporation , Reliance Communications Ltd , Ap Moller Maersk Group , National Company Law Tribunal , Kotak Special Situations Fund , Jindal Steel Power Ltd , Engineering Ltd , Union Bank , Jindal Steel , Power Ltd , Reliance Naval , Vidya Rattan Sharma , Pipavav Defence , Reliance Defence , Reliance Infrastructure , Pipapav Defence , Financial Express , State Bank , Mumbai Based Mazagaon Dock ,

Steel tycoon Jindal keen to acquire bankrupt Indian shipyard


Steel tycoon Jindal keen to acquire bankrupt Indian shipyard
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Dubai-based shipping firm GMS and Kotak Special Situations Fund were among the others that registered to bid as of the Feb. 28 deadline,
(Photo: Bloomberg)
. Updated: 02 Mar 2021, 04:21 PM IST Bloomberg
For Jindal Steel, controlled by Naveen Jindal, Reliance Naval can be a captive client for the company’s shipbuilding plates, said Vidya Rattan Sharma, managing director at the steelmaker, who confirmed Jindal’s interest
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Jindal Steel & Power Ltd., India’s third-largest producer of the alloy by market value, and two other groups were the latest to express interest in bidding for Reliance Naval & Engineering Ltd., according to people familiar with the matter. ....

United Arab Emirates , Naveen Jindal , Kotak Special Situations Fund , Jindal Steel , Reliance Naval , Vidya Rattan Sharma , Reliance Naval Engineering , Jindal Steel Power Ltd , Anil Ambani , Idbi Bank Ltd , ஒன்றுபட்டது அரபு அமீரகங்கள் , நவீன் ஜிண்டால் , கோட்டக் சிறப்பு சூழ்நிலைகள் நிதி , ஜிண்டால் எஃகு , நம்பகத்தன்மை கடற்படை , வித்யா ராத்தன் ஷர்மா , நம்பகத்தன்மை கடற்படை பொறியியல் , ஜிண்டால் எஃகு பவர் லிமிடெட் , அனில் அம்பானி , இட்பி வங்கி லிமிடெட் ,

Jindal Steel keen to acquire bankrupt Reliance Naval & Engineering

Read more about Jindal Steel keen to acquire bankrupt Reliance Naval & Engineering on Business Standard. A successful sale of Reliance Naval will help creditors, including IDBI Bank and SBI recoup part of the company s Rs 10,800 crore of debt. ....

Sudip Bhattacharya , Naveen Jindal , Anil Ambani , Kotak Special Situations Fund , Jindal Steel , Reliance Naval , Vidya Rattan Sharma , Hindu Businessline , Reliance Naval Amp Engineering , சூடிப் பட்டாச்சார்யா , நவீன் ஜிண்டால் , அனில் அம்பானி , கோட்டக் சிறப்பு சூழ்நிலைகள் நிதி , ஜிண்டால் எஃகு , நம்பகத்தன்மை கடற்படை , வித்யா ராத்தன் ஷர்மா , நம்பகத்தன்மை கடற்படை ஆம்ப் பொறியியல் ,