Jsw

JSW Infra approves equity fundraise to fuel growth, meet MPS norms

JSW Infra will raise up to 25 crore equity shares to support expansion and comply with Sebi's 25% public shareholding rule, as it targets 400 MTPA capacity and major logistics investments

JSW MG to launch four models in 2026, to invest between ₹3k cr-₹4k cr: MD

The new models include a plug-in hybrid, an electric vehicle, the Majestor SUV and one additional model yet to be disclosed

SAIC India to invest up to $440 mn on expansion, deepen bet on hybrids, EVs

The loss-making carmaker has struggled to grow ​its presence in India after New Delhi in 2020 sought to limit investments from Beijing

JSW Motors warns of delay in first car launch over China parts licence

JSW Motors is investing $3 ​billion in its carmaking venture and plans to make hybrid and electric vehicles in the western state of ‌Maharashtra

JSW Steel will invest over ₹2 trillion by FY31, says Jayant Acharya

JSW Steel bets on India's demand story, plans over ₹2 trillion capex and 56 mt capacity by FY31 amid global trade barriers and price volatility

JSW Steel Q3FY26 results: Net profit surges 198.3% to ₹2,139 crore

JSW Steel's Q3FY26 net profit jumped nearly three-fold to ₹2,139 crore, driven by a one-time tax gain from the Bhushan Power-JFE Steel joint venture

JSW Infra Q3 results: Profit grows 9% to ₹359 crore amid higher revenue

JSW Infrastructure's Q3 FY26 profit rose 8.9% on higher port volumes and revenue growth, though earnings missed analyst estimates

JSW MG Windsor emerges as India's best-selling EV in 2025 with 46,735 units

The 2025 leaderboard also saw the entry of the Mahindra & Mahindra XEV 9e, which took the second spot with about 27,700 units

Pax Silica snub: India must develop its own mineral reserves, says Jindal

Days after a US-led 'Pax Silica initiative' excluded India from the rare earths alliance, JSW Group Chairman Sajjan Jindal on Friday called for increased focus on domestic exploration of minerals. Jindal, who leads the USD 23 billion conglomerate having interests in steel and also electric vehicles, said India has sufficient reserves of rare earths. "We have a lot of rare earth in our country. We have not worked on it very diligently. So therefore, we have not explored the rare earth mineral wealth in our country," he said. "But now, after the shock we got from China, I think the country is sincerely working to see that we develop our rare earths," Jindal added. On the country's exclusion from the Pax Silica initiative, he suggested that developing our own strengths is the way forward. "India has to develop its own. Atmanirbhar Bharat is a very important aspect and we have to (work)," Jindal told reporters on the sidelines of the World Hindu Economic Forum here. It can be noted t

JSW MG, Tata Motors take small-car relief dispute under CAFE-3 to PMO

The Corporate Average Fuel Efficiency (CAFE) framework sets fleet-wide carbon dioxide emission targets for automakers

JSW Paints completes majority buy in Akzo Nobel India; stake at 61.2%

JSW Paints has completed the acquisition of 60.76% in Akzo Nobel India from Akzo Nobel N.V. and affiliates, taking its holding to 61.2% after buying an additional 0.44% via an open offer

Debt reduction, JV benefits with JFE seen as positives for JSW Steel

JSW Steel's BPSL restructuring and its 50:50 JFE JV signal major deleveraging and a cleaner structure, adding tech benefits even as consolidated operating profit is expected to moderate

JSW Steel, JFE to form 50:50 JV for BPSL steel business at ₹15,750 crore

The deal is aimed at bolstering the growth of the two steelmakers, whose partnership goes back to 2009, when they signed a comprehensive agreement

CAFE weight relief unfairly benefits one OEM, says JSW MG Motor

Small car protection in CAFe norms is a global norm and in national interest, says Maruti

JSW Steel laying groundwork for CBAM regime, says CEO Jayant Acharya

'The company was waiting for more clarity on the CBAM framework and tariff structures before finalising its capacity expansion plans and its timing'

JSW Energy looks to operationalise Pune's 5 GWh battery assembly unit in Q3

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

JSW MG aims to secure top spot in India's luxury EV market by 2026

JSW MG Motor India is eyeing the number one position in the country's luxury electric vehicle (EV) segment, banking on technological innovation, product launches and a shift in consumer preferences, a senior company official said on Wednesday. The company has already emerged as the second-largest player in India's luxury EV market and aims to take the top position by 2026, he said. "The Indian luxury car market is about 700 units a month. Our aim is to be number one in both luxury and mass categories. The luxury EV market is evolving fast, and our target is to become the number one player in 2026. In September, we sold 213 units," Milind Shah, Head of MG Select, told PTI on the sidelines of the launch of its experience centre in Kolkata, the first in the eastern region. MG Select is a designated retail channel and showroom network for luxury cars under the MG brand. Based on current industry volumes, reaching 350-plus units per month would help the company achieve the goal, he ...

Moody's upgrades JSW Steel outlook to positive from stable on growth plans

Moody's Ratings upgraded its outlook on domestic steel major JSW Steel and its US-based arm Periama Holdings LLC to positive from stable. The change in outlook reflects JSW Steel's meaningful expansion in operating scale, reinforcing its position as India's largest steel producer, Hui Ting Sim, a Moody's Ratings Assistant Vice President and Analyst said in a report on Wednesday. Hui Ting Sim said the ramp-up of operations at recently completed projects will drive higher earnings and support sustained improvement in the company's credit metrics. The rating action also reflects our expectation that JSW Steel will implement its growth plans with financial discipline, and it will proactively manage the refinancing of significant debt obligations, the analyst said. "Moody's Ratings (Moody's) has changed the outlook on JSW Steel Limited (JSW Steel) and Periama Holdings LLC's (Periama Holdings) ratings to positive from stable," the report said. On the rationale behind the move, Moody's s

China's SAIC to cut stake in India car venture, freeze new investments

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

JSW Infra gains 3% on 30-year pact with Kolkata port to reconstruct berths

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