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New Delhi, Sept. 5

The former Chairman of Steel Authority of India Ltd, Mr V.S. Jain, has taken over as the Managing Director and CEO of Jindal Stainless Ltd controlled by Mr Ratan Jindal. Mr Jain had relinquished his post at SAIL on July 31 this year.

Jindal Stainless is the largest stainless steel manufacturer in the country and is planning major expansions. Mr Jain had earlier joined the company board on August 18. From September he is assuming charge as the MD & CEO.

(This article was published in the Business Line print edition dated September 6, 2006)
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