04 December 2007

Corporates: ITC Limited, Jindal Steel

ITC Limited

ITC Limited which previously stood for Imperial Tobacco Company of India Limited[1], is one of India's foremost private sector companies with a market capitalisation of more than US $ 15 billion and a turnover of US $ 4.75 billion. Rated among the World's Best Big Companies by Forbes magazine, ITC ranks third in pre-tax profit among India's private sector corporations.

More : http://en.wikipedia.org/wiki/ITC_Limited

---------------------------------------------------

Jindal Steel and Power Limited


Jindal Steel and Power Limited., is India's third largest steel maker after Steel Authority of India Limited and Tata Steel. The company manufacturers sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, and coal based sponge iron plant. It was founded by O. P. Jindal (1930-2005), who started with a bucket making unit. in 1969 he started Pipe Unit Jindal India Limited. On June 3, 2006, Bolivia granted development rights for its largest, and one of the world's largest iron ore reserves to Jindal Steel. With an initial investment of US$ 1.5 billion, the company plans to invest an additional US$ 2.1 billion over the next two years in the South American country.[1] Savitri Jindal is the 19th richest Indian in the world according to Forbes.

More: http://en.wikipedia.org/wiki/Jindal_Steel



Source: http://en.wikipedia.org. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

No comments: