JSW Group

After 13 years with the JSW Group, Pritesh Vinay has stepped down but will serve through December 2025 to ensure a smooth transition as the company begins a search for his successor

JSW Energy looks to operationalise its battery assembly plant in Pune, Maharashtra, in the third quarter of this financial year, a company official said. In an investor call, the company's Joint Managing Director and CEO, Sharad Mahendra, also said that trial runs for green hydrogen project having a capacity of 3,800 tonnes per annum (TPA) at Vijayanagar are near complete and its commissioning is expected soon. The company is setting up a battery assembly plant at Pune in Maharashtra with an annual capacity of 5 gigawatt hour (GWh), he said. This facility is dedicated to supporting Battery Energy Storage Systems (BESS), he said, adding the company expects to operationalise it in the third quarter of FY26. "It will also enable us to meet domestic content requirements for BESS as and when they are mandated," he said. The company registered a 59 per cent year-on-year rise in total revenues to Rs 5,361 crore in the July-September period, from Rs 3,459 crore in the year-ago period. It

The company added 443 megawatts of organic renewable energy capacity during the quarter, taking total installed capacity to 13,211 megawatts

Earlier in February 2024, Volkswagen and JSW Group were in talks to form a joint venture for EV manufacturing in India. The discussions have now resumed after VW's stalled pact with M&M

Strong sales of the MG Cyberster and M9 Presidential Limousine push JSW MG Motor to the No.2 position in India's luxury EV space, with demand soaring across cities

SAIC is not pulling out of India but wants to dilute its stake in JSW MG Motor significantly and will continue to provide technology and products for the venture

The journey from 1.6 mt of steel capacity in 2002 to 35.7 mt (including 1.5 mt in the US) has been driven by a mix of acquisitions and organic growth

The acquisition will make JSW Paints the fourth-largest player in the country's paint industry

JSW Infra stock was trading at ₹320.55, up 1.8 per cent compared to the previous day's close of ₹314.9 on the NSE

The fifth edition of DSS was conducted in partnership with Singapore-based consultancy PremonAsia

JSW Infrastructure has acquired an 86-acre brownfield rail siding in Ballari, Karnataka, to set up a multi-modal logistics park with an investment of Rs 380 crore

JSW Steel is well-positioned to benefit due to its significant domestic presence and focus on flat steel products, supported by expanding margins from higher HRC prices

JSW Cement reported a Q1 FY26 loss of Rs 1,356.17 crore due to a one-time CCPS conversion, even as revenue rose 7.77 per cent and operating Ebitda improved 39 per cent YoY

JSW Group firm JSW Sarbloh Motors on Thursday said it has formed a joint venture with Tomcar USA for local production of the TX range of all-terrain vehicles in India. Phoenix, Arizona-based Tomcar is a manufacturer of high-performance all-terrain vehicles (ATVs) designed for military, commercial, and industrial operations. Under the joint venture, JSW Sarbloh Motors will indigenise, manufacture, assemble, and support the Tomcar TX range at its facility in Chandigarh, said JSW Sarbloh Motors, an arm of JSW Defence Pvt Ltd, in a statement. The first India-assembled TX units are expected to roll out by early 2026, with field trials and demonstrations planned for multiple defence and paramilitary agencies in the coming months, it added. The strategic joint venture between JSW Sarbloh Motors and Tomcar USA marks a significant milestone in the group's commitment to enhancing India's defence capabilities, Parth Jindal of the JSW Group said. "The TX platform is designed to meet the rigor

JSW Group chairman Sajjan Jindal on Thursday countered US President Donald Trump's recent remarks on India, saying India is one of the largest and fastest growing economies in the world. Speaking at the listing ceremony of JSW Cement at the NSE here, Jindal said India is the fastest growing large economy and has a great future ahead, days after US President Donald Trump's remark of India being a dead economy. "We are going to see a great future for India, because India is growing, it's one of the largest, fastest growing large economies in the world. Whatever Trump may say, that doesn't matter. We are the fastest growing large economy in the world," Jindal said. Amid the trade policy negotiations, Trump had called India as a "dead economy" while expressing disappointment with New Delhi's posturing to continue buying cheap oil from Russia. "I don't care what India does with Russia. They can take their dead economies down together," Trump had reportedly said. Stating that JSW Cement

JSW Cement shares opened at ₹153.5 on the NSE, reflecting a premium of 4.4 per cent over the issue price of ₹147

JSW Cement IPO allotment status: Investors can check their status on the official websites of the NSE, BSE and Kfin Technologies

JSW Cement IPO attracted bids for 221.4 million equity shares compared to 181.29 million shares on offer, resulting in overall subscription rate of only 1.22 times.

India, the world's second-biggest crude steel producer, in June extended country-specific import quotas of so-called met coke for six months to the end of December

Analysts remain broadly optimistic about JSW Cement and have shared favorable reviews for its public offering