DSIJ Mindshare

Eight core sectors witnessed 23.4 per cent YoY contraction in May 2020, led by the nationwide lockdown to prevent the spread of COVID-19. Among eight core sectors, coal production has 10.33 per cent weight, which dipped 14 per cent YoY in May 2020

Jindal Steel & Power Limited’s subsidiary at Mauritius (JSPML) is set to divest its entire stake in its Oman asset, Jindal Shadeed Iron and Steel Co LLC (JSIS Oman) to Templar Investments Limited.

While the NTPC group's commercial capacity stood at 52,866 MW at the end of FY19, it was at 51,391 MW in FY18. This indicates that it has recorded a growth of seven per cent CAGR over the past three years.

The month-on-month sales shot up impressively by 64.6 per cent. The sales in May 2019 stood at 6,594 tractors.

Steel Strips Wheels Limited (SSWL) secured firm export orders for over 10,700 wheels for US caravan trailer market. This order is worth USD 1,70,000 and will be executed from its Chennai plant in the month of July and August.